# Oil and Gas Financial Models

Canonical: https://finamodel.com/sectors/oil-and-gas

A higher oil price does not benefit every part of the industry equally. Producers gain on output, refiners depend on the spread between crude and fuel prices, and pipelines may earn contracted fees. Each business also faces a different requirement to reinvest before cash reaches shareholders.

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- [ExxonMobil](https://finamodel.com/companies/exxonmobil)
- [Chevron](https://finamodel.com/companies/chevron)
- [Marathon Petroleum](https://finamodel.com/companies/marathon-petroleum)
- [Phillips 66](https://finamodel.com/companies/phillips-66)
- [Valero Energy](https://finamodel.com/companies/valero-energy)
- [ConocoPhillips](https://finamodel.com/companies/conocophillips)
- [Schlumberger](https://finamodel.com/companies/schlumberger)
- [Baker Hughes](https://finamodel.com/companies/baker-hughes)
- [EOG Resources](https://finamodel.com/companies/eog-resources)
- [Occidental Petroleum](https://finamodel.com/companies/occidental-petroleum)
- [Halliburton](https://finamodel.com/companies/halliburton)
- [Oneok](https://finamodel.com/companies/oneok)
- [Targa Resources](https://finamodel.com/companies/targa-resources)
- [Devon Energy](https://finamodel.com/companies/devon-energy)
- [Kinder Morgan](https://finamodel.com/companies/kinder-morgan)
- [Williams Companies](https://finamodel.com/companies/williams-companies)
- [Expand Energy](https://finamodel.com/companies/expand-energy)
- [Diamondback Energy](https://finamodel.com/companies/diamondback-energy)
- [EQT](https://finamodel.com/companies/eqt)
- [Coterra](https://finamodel.com/companies/coterra)
- [Texas Pacific Land](https://finamodel.com/companies/texas-pacific-land)
- [APA](https://finamodel.com/companies/apa)

