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September 22, 2026 Today in Energy ›

Public companies produce most U.S. crude oil and natural gas  ›

Publicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the crude oil and natural gas in the Lower 48 states. More

Lower 48 crude oil and natural gas producers and production (2025)

Data source: Enverus


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