True Drilling Revenue, Growth & Competitor Profile

Company Profile & Annual Report for True Drilling

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True Drilling Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	211111 Crude Petroleum & Natural Gas Extraction
Address	Po Box 2360 Casper, WY 82602

Note: Revenues for privately held companies are statistical evaluations.


True Drilling's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • True Drilling's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • True Drilling is classified as operating in the Crude Petroleum & Natural Gas Extraction industry, NAICS Code 211111.

True Drilling Annual Revenue and Growth Rate

True Drilling	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: True Drilling's revenues are gauged from an analysis of company filings.

True Drilling's Income Statement (based on Industry Averages)

True Drilling P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of True Drilling's Largest Competitors

A competitive analysis shows these companies are in the same general field as True Drilling, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
PRINCESS THREE OPERATING	Henderson, TX	100
J & J SOLUTIONS	Perry, OK	27
REI DRILLING	Salt Lake City, UT	19
PHILLIPS ENERGY	Shreveport, LA	12

Nearby Competitors

These companies are similar in business line and location to True Drilling. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
TRUE DRILLING	Casper, WY	100
TES SERVICES	Casper, WY	52
CWC ENERGY SERVICES USA	Casper, WY	12
LAUGHING OUT LOUD	Casper, WY	7
DIAMOND OIL & GAS	Casper, WY	4
KIRKWOOD OIL & GAS	Casper, WY	3

Future Competition: True Drilling's Fastest Growing Competitors

These companies are in the same general field as True Drilling and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)