11 paragraphs of its Risk Factors mention Inflation, against 12 the year before.
Compare companies, side by side
The same facts from the filings for each company in a group, where each stands among the others, and what each wrote about a topic in its latest 10-K.
- Sales growth
- -0.3%
- Gross margin
- 34%
- Operating margin
- 26%
- Net margin
- 13%
The 3 largest, ranked among the group
Each corner is the share of Energy companies the company is above on that ratio. The dashed line is the middle of the group. A rank, not a score.
5 paragraphs of its Risk Factors mention Inflation, against 7 the year before.
11 paragraphs of its Risk Factors mention Inflation, against 10 the year before.
Energy: the same facts for each company
| Company | Revenue, 12 months | Sales growth | Gross / operating margin | Net margin | Debt / equity | Accounting items | Insider buys | Investors | Open |
|---|---|---|---|---|---|---|---|---|---|
| XOM ExxonMobil | $334.2B
|
-5.0% |
GM -OM -
|
7.6% | 0.19 | 0 of 5to read | 0 | 0 | 10-K |
| CVX Chevron Corporation | $233.3B
|
-6.8% |
GM 42%OM -
|
12% | 0.17 | 2 of 6to read | 0 | 0 | 10-K |
| MPC Marathon Petroleum | $174.8B
|
-4.4% |
GM 16%OM 13%
|
8.4% | 1.42 | 2 of 6to read | 0 | 0 | 10-K |
| PSX Phillips 66 | $168.2B
|
-7.5% |
GM 15%OM -
|
7.5% | 0.54 | 2 of 6to read | 0 | 0 | 10-K |
| VLO Valero Energy | $153.3B
|
-5.5% |
GM 12%OM 11%
|
8.4% | 0.39 | 1 of 6to read | 0 | 0 | 10-K |
| COP ConocoPhillips | $67.7B
|
+7.7% |
GM 51%OM -
|
17% | 0.35 | 0 of 6to read | 0 | 0 | 10-K |
| OKE Oneok | $43.2B
|
+55% |
GM 25%OM 14%
|
9.4% | 1.22 | 1 of 6to read | 0 | 0 | 10-K |
| SLB Schlumberger | $36.9B
|
-1.6% |
GM -OM -
|
8.4% | 0.43 | 2 of 6to read | 0 | 0 | 10-K |
| EOG EOG Resources | $29.7B
|
-4.5% |
GM -OM 36%
|
28% | 0.24 | 1 of 6to read | 0 | 0 | 10-K |
| BKR Baker Hughes | $28.7B
|
-0.3% |
GM -OM -
|
10% | 0.91 | 0 of 6to read | 1 | 0 | 10-K |
| OXY Occidental Petroleum | $25.0B
|
-1.9% |
GM -OM -
|
30% | 0.25 | 0 of 6to read | 0 | 0 | 10-K |
| HAL Halliburton | $22.5B
|
-3.3% |
GM -OM 13%
|
8.9% | 0.64 | 1 of 6to read | 0 | 0 | 10-K |
| DVN Devon Energy | $22.2B
|
+7.8% |
GM -OM -
|
16% | 0.25 | 0 of 6to read | 1 | 0 | 10-K |
| FANG Diamondback Energy | $18.6B
|
+36% |
GM -OM 13%
|
11% | 0.30 | 0 of 5to read | 0 | 0 | 10-K |
| KMI Kinder Morgan | $18.3B
|
+12% |
GM -OM 29%
|
20% | 1.05 | 0 of 4to read | 1 | 0 | 10-K |
| TRGP Targa Resources | $18.2B
|
+3.9% |
GM 42%OM 23%
|
13% | 5.20 | 1 of 6to read | 0 | 0 | 10-K |
| WMB Williams Companies | $15.4B
|
+18% |
GM -OM 30%
|
20% | 2.33 | 1 of 6to read | 0 | 0 | 10-K |
| EXE Expand Energy | $13.9B
|
+186% |
GM -OM 26%
|
20% | 0.24 | 0 of 5to read | 0 | 0 | 10-K |
| APA APA Corporation | $9.9B
|
-11% |
GM -OM 43%
|
22% | 0.46 | 0 of 6to read | 0 | 0 | 10-K |
| EQT EQT Corporation | $9.3B
|
+64% |
GM 83%OM 42%
|
28% | 0.22 | 1 of 5to read | 0 | 0 | 10-K |
| TPL Texas Pacific Land Corporation | $967.8M
|
+13% |
GM -OM 76%
|
61% | - | 0 of 4to read | 33 | 0 | 10-K |
Growth against cash margin
The 14 largest by revenue. A bigger bubble is more revenue; the dashed lines are the median of these companies.
How to read this page
- A radar shows where a company ranks among its group on six ratios. A corner at the edge means it is above every other company on that ratio.
- A table row lists the facts as the filings give them: revenue, growth, margins, debt to equity, the accounting checks, insider buying and followed investors holding.
- A bubble to the right grew faster, and one higher up kept more of its sales as free cash flow.
- A bar is paragraphs that mention the topic this year, and the mark on it is last year.
Risk Factors and XBRL figures from each company's latest 10-K, read nightly from SEC EDGAR. Nothing here is a rating.
Inflation: paragraphs that mention it
All 26 companies
Risk Factors paragraphs in each company's latest 10-K, most mentions first. The bar is this year and the mark is last year. 32 companies have no 10-K downloaded yet.
What the companies wrote
APA APA Corp
15 paragraphs• the overall economic environment, including rates of growth, trade tensions, and increasing inflationary pressure.
Item 1A, Risk Factors, 10-K Feb 26, 2026
Additionally, inflation, supply constraints, and limited contractor and vessel availability have raised decommissioning costs in recent periods. If decommissioning spending materially exceeds current estimates or the Company’s joint venture partners, current owners of the Company’s previous assets, or …
Item 1A, Risk Factors, 10-K Feb 26, 2026
EQT EQT Corp
11 paragraphs• discount rates and inflation assumptions used in estimating the present value of expected future cash flows; and
Item 7, MD&A, 10-K Feb 18, 2026
• the lack of available skilled labor, equipment and materials (or escalating costs in respect thereof, including as a result of inflation and/or tariffs, particularly on steel and aluminum);
Item 1A, Risk Factors, 10-K Feb 18, 2026
MPC Marathon Petroleum Corp
11 paragraphsIncreases in inflation may have an adverse effect on us. Such increases in inflation could impact the commodity markets generally, the overall demand for our products and services, our costs for labor, material and services and the margins we are …
Item 1A, Risk Factors, 10-K Feb 26, 2026
• unplanned increases in the cost of construction materials or labor, whether due to inflation or other factors;
Item 1A, Risk Factors, 10-K Feb 26, 2026
XOM EXXON MOBIL CORP
11 paragraphsExpenses - Higher advantaged projects spend and inflation effects decreased earnings by $0.5 billion.
Item 7, MD&A, 10-K Feb 18, 2026
… ExxonMobil’s business results are also exposed to potential negative impacts due to changes in interest rates, inflation, currency exchange rates, changes in usage of the U.S. dollar in global trade, and other local or regional market conditions. In …
Item 1A, Risk Factors, 10-K Feb 18, 2026
BKR Baker Hughes Co
10 paragraphsSelling, general and administrative costs decreased $153 million, or 6%, to $2,458 million driven primarily by a continued focus on cost optimization, partially offset by inflationary pressure.
Item 7, MD&A, 10-K Feb 5, 2026
(Inflation)/Deflation: (Inflation)/deflation is defined as the increase or decrease in direct and indirect costs of the same type for an equal amount of volume. It is calculated as the year-over-year change in cost (i.e. price paid) of direct material, compensation and benefits, and overhead costs.
Item 7, MD&A, 10-K Feb 5, 2026
OXY OCCIDENTAL PETROLEUM CORP /DE/
10 paragraphsThe Company’s costs are influenced by inflationary trends, market conditions, the availability and cost of oilfield services, electricity, and CO₂, and other operational expenditures. In April 2025, a U.S. tariff policy was announced that imposed a 10% base …
Item 7, MD&A, 10-K Feb 18, 2026
… adapt to market conditions including commodity price fluctuations, supply chain constraints, tariffs, higher interest rates, global logistics and persistent inflation, all of which disrupt global supply and demand balances. The Company’s objective is to deliver our free cash flow …
Item 7, MD&A, 10-K Feb 18, 2026
Show all 26 companies' quotes
TRGP Targa Resources Corp.
10 paragraphs… To the extent elevated inflation levels exist, we may experience further cost increases for our operations, including services, labor and equipment cost increases, and any subsequent increases in benchmark interest rates could have the effect of raising the cost of …
Item 1A, Risk Factors, 10-K Feb 19, 2026
Higher oil and natural gas prices may cause the costs of materials and services to continue to rise. We cannot predict any future trends in the rate of inflation and U.S. international trade policies, or any resultant changes in monetary policy, and a significant increase in inflation, to the extent we are unable to recover higher costs through higher prices and revenues, and/or higher interest rates would negatively impact our business, financial condition and results of operations.
Item 1A, Risk Factors, 10-K Feb 19, 2026
FANG Diamondback Energy, Inc.
9 paragraphsOur business and results of operations may be adversely affected by uncertainty and changes in U.S. trade policies, including tariffs, trade agreements or other trade restrictions imposed by the U.S. or other governments. The recent uncertainty over such policies has caused substantial volatility in commodity, capital and financial markets, increased concerns over domestic and global inflation and adversely impacted consumer confidence in the U.S. and worldwide.
Item 1A, Risk Factors, 10-K Feb 25, 2026
… and global financial and economic conditions and commodity markets, declining consumer confidence, significant inflation and diminished expectations for the economy, and ultimately reduced demand for oil and natural gas. Such conditions could have a material adverse impact on our business …
Item 1A, Risk Factors, 10-K Feb 25, 2026
KMI KINDER MORGAN, INC.
8 paragraphs… economy, uncertainty and volatility in the financial markets, or inflation and rising interest rates, could materially adversely affect our operating results. For example, the global economic downturn caused by the coronavirus pandemic in 2020 affected numerous industries, including the crude …
Item 1A, Risk Factors, 10-K Feb 13, 2026
Operations and maintenance increased $85 million in 2025 compared to 2024. Increased costs were primarily driven by greater activity levels, including from expansions, and inflation, including labor costs.
Item 7, MD&A, 10-K Feb 13, 2026
COP CONOCOPHILLIPS
7 paragraphs• Failure to progress or complete announced and future development plans related to constructing, modifying or operating E&P and LNG facilities, or unexpected changes in costs, inflationary pressures or technical equipment related to such plans.
Item 7, MD&A, 10-K Feb 17, 2026
Significant inputs incorporated within the valuation include future commodity price assumptions and production profiles of reserve estimates, future operating and development costs, inflation rates, and discount rates using a market-based weighted average cost of capital determined at the time of the acquisition. When estimating the fair value of unproved properties, additional risk-weighting adjustments are applied to probable and possible reserves.
Item 7, MD&A, 10-K Feb 17, 2026
EXE EXPAND ENERGY Corp
7 paragraphs• general economic conditions within the U.S. and internationally, including inflationary pressures and changes in interest rates;
Item 1A, Risk Factors, 10-K Feb 18, 2026
… The global market is also continuing to experience inflationary pressure, including rising fuel costs, a tightening steel market and labor and supply chain shortages, which could result in increases to our operating and capital costs that are not fixed. Additionally …
Item 1A, Risk Factors, 10-K Feb 18, 2026
WMB WILLIAMS COMPANIES, INC.
7 paragraphs• General economic, financial markets, or industry downturns, including increased inflation, interest rates, or tariffs;
Item 7, MD&A, 10-K Feb 24, 2026
• Unexpected significant increases in capital expenditures or delays in capital project execution, including increases from inflation or delays caused by supply chain disruptions;
Item 7, MD&A, 10-K Feb 24, 2026
EOG EOG RESOURCES INC
6 paragraphsOur continued initiatives to increase operating efficiencies may not be successful in offsetting any future inflationary pressures on our operating costs and capital expenditures.
Item 1A, Risk Factors, 10-K Feb 24, 2026
• the success of EOG's cost-mitigation initiatives and actions in offsetting the impact of any inflationary or other pressures on EOG's operating costs and capital expenditures;
Item 7, MD&A, 10-K Feb 24, 2026
HAL HALLIBURTON CO
6 paragraphssupply chain lead times for the supply of select raw materials. Also, while we have been impacted by inflationary cost
Item 7, MD&A, 10-K Feb 6, 2026
restrictions and highly inflationary currencies, as well as other geopolitical factors. We believe the geographic diversification of
10-K, 10-K Feb 6, 2026
OKE ONEOK INC /NEW/
6 paragraphs• inflationary pressure, along with pressure that may arise from the imposition by the federal government of tariffs on non-U.S. produced construction materials, could increase our costs for construction materials, equipment or labor.
Item 1A, Risk Factors, 10-K Feb 24, 2026
… Sustained levels of high inflation could cause the Federal Reserve System and other central banks to increase interest rates, which could cause the cost of capital to increase and depress economic growth, either of which, or the combination of both …
Item 1A, Risk Factors, 10-K Feb 24, 2026
VLO VALERO ENERGY CORP/TX
6 paragraphs• the effect of general economic and other conditions, including inflation and economic activity levels, on refining, renewable diesel, SAF, and ethanol industry fundamentals, as well as our capital allocation;
Item 7, MD&A, 10-K Feb 25, 2026
… Supply chain or other market or economic disruptions (including inflation) may also delay projects or increase the costs associated therewith. As a result, such projects may not be completed on schedule or budget, or at all, and may not achieve …
Item 1A, Risk Factors, 10-K Feb 25, 2026
CVX CHEVRON CORP
5 paragraphsSupply Chain and Inflation Impacts The company is actively managing its contracting, procurement and supply chain activities to effectively manage costs and facilitate supply chain resiliency and continuity in support of the company’s operational goals. Third party costs for …
Item 7, MD&A, 10-K Feb 24, 2026
… Chevron has applied inflation mitigation strategies to temper cost increases, including fixed price and index-based contracts. Lead times for key capital equipment remain long due to strong demand levels. Chevron has addressed equipment cost increases and long lead times …
Item 7, MD&A, 10-K Feb 24, 2026
DVN DEVON ENERGY CORP/DE
5 paragraphs• the overall economic environment, including inflationary pressures, fluctuations in interest rates, economic slowdowns or recessions;
Item 1A, Risk Factors, 10-K Feb 18, 2026
Additionally, the economic uncertainty in global trade arising from geopolitical events and shifting trade policies, such as the imposition of tariffs by the U.S., may contribute to higher inflation rates and disrupt supply chains, negatively impacting our cash flow …
Item 7, MD&A, 10-K Feb 18, 2026
PSX Phillips 66
4 paragraphs• United States’ Inflation Reduction Act, which contains tax inducements and other provisions that incentivize investment, development, and deployment of alternative energy sources and technologies, which is intended to accelerate the energy transition.
Item 7, MD&A, 10-K Feb 20, 2026
… Other political and economic risks include global health crises; financial market turmoil; economic volatility and global economic slowdown; currency exchange rate fluctuations; short-term and long-term inflationary pressures; rising or prolonged periods of high interest rates; import or export …
Item 1A, Risk Factors, 10-K Feb 20, 2026
TPL Texas Pacific Land Corp
2 paragraphs… Development of a produced water treatment facility requires substantial capital and may result in total project costs exceeding initial estimates due to inflation, supply chain constraints, labor and equipment availability, design changes, regulatory requirements or technical challenges. Delays in permitting …
Item 1A, Risk Factors, 10-K Feb 18, 2026
The expected return on Pension Plan assets assumption of 7.0 % was selected by TPL based on historical real rates of return for the current asset mix and an assumption with respect to future inflation. The rate was determined based …
10-K, 10-K Feb 18, 2026
SLB SLB LIMITED/NV
1 paragraph… interim emissions reduction goals; general economic, geopolitical and business conditions in key regions of the world; foreign currency risk; inflation; changes in monetary policy by governments; tariffs; pricing pressure; weather and seasonal factors; unfavorable effects of health pandemics; availability and …
10-K, 10-K Jan 23, 2026
AM Antero Midstream Corp
0 paragraphsNot mentioned in the latest 10-K.
AR ANTERO RESOURCES Corp
0 paragraphsNot mentioned in the latest 10-K.
ARLP ALLIANCE RESOURCE PARTNERS LP
0 paragraphsNot mentioned in the latest 10-K.
AROC Archrock, Inc.
0 paragraphsNot mentioned in the latest 10-K.
BSM Black Stone Minerals, L.P.
0 paragraphsNot mentioned in the latest 10-K.