Podcasts Culture The Brian Mudd Show Q&A of the Day – Are Energy Companies Taking Advantage of You?

Q&A of the Day – Are Energy Companies Taking Advantage of You?

Published: June 17, 2022, 10:56 a.m.

The average profit margin of energy companies over the past year has been 8.3% - which happens to be the 2nd lowest of any US industry. The average profit margin has been 10.6%, or 28% higher than the energy industry. What’s more...profit margins are falling. Current profit margins are pacing 8.1% for this year, a 2.4% decline over last year’s margins.