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Hoover's Directories > Industry Overviews > Oil & Gas Field Equipment Manufacturing

Oil & Gas Field Equipment Manufacturing

  • Overview
  • Risks & Opportunities
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Industry Description

The US oil and gas field equipment manufacturing industry includes about 500 companies with combined annual revenue of $16 billion. Major companies include Baker Hughes, Cameron International, FMC Technologies, National Oilwell Varco, and US divisions of Schlumberger. The industry is highly concentrated: the top 50 companies account for 80 percent of revenue.

SIC: 3533
NAICS: 333132
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Top 5 Companies

CompanySalesLocation
Baker Hughes Incorporated19,831.00MHouston, TX
National Oilwell Varco, Inc.14,658.00MHouston, TX
Weatherford International Ltd.10,220.80MGeneva, Switzerland
Cameron International Corporation6,959.00MHouston, TX
FMC Technologies, Inc.4,125.60MHouston, TX
Bullet - Yellow Arrow Box There are 4,194 companies in this industry. To view all of them, register now.

Industry Indicator

The average US retail price for diesel and regular gas, which influences oil and gas companies' ability to invest in new equipment, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.
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Quarterly Industry Update

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