Our 2022 RealRate ratings for the U.S. Petrol Industry are ready to view!
So let’s take a look shall we…
These are shiny new, folks, and really make for interesting reading.
The Top 10 companies we found to be the best are:
The top 3 companies in order are Dorchester Minerals, Mewbourne Energy Partners and Sandridge Energy.
They had Economic Capital Ratio figures of 676%, 418% and 373% respectively. The market average is 129%. Dorchester Minerals and Sandridge Energy did well due to their superior Net Income scores and Mewbourne Energy Partners due to their strong Other Revenue score.
17 companies received our ‘Top Rated’ award.
Photo by Pixabay from Pexels: https://www.pexels.com/photo/blue-sky-daylight-diesel-electric-post-210063/
The next 10 companies in the ranking are as follows:
The United States is the world’s top crude oil producer since 2018 and consolidated its position in 2020. It’s worth around $110 billion.
It’s an absolutely huge industry and there are around 9000 oil and natural gas producers in the entire United States.
Crude oil prices have surged to $130/barrel in 2022, becoming their highest since 2018 but have since come down in recent months, settling around $90/barrel.
The amazing thing that RealRate does is to bring to the market totally fair and independent company ratings, bringing together expert knowledge and cutting edge artificial intelligence in one great package. Our AI model computes the all-important Economic Capital Ratio figure.
Being unbiased is really part of our technology and business. We are not connected to any Petrol company and always strive to be fair and explainable.
We are RealRate, revolutionising the ratings industry one ranking at a time.
Main photo source: https://create.starryai.com