Downstream
EVAEnviva Inc.
Enviva is the world's largest producer of industrial wood pellets used as a renewable alternative to coal in power generation.
Biomass EnergyWood PelletsRenewable Energy
Bethesda, MD (Houston Trading)Est. 20041,200$2.1B
3 Companies
Downstream Oil & Gas Companies in Houston
Downstream companies refine crude oil into petroleum products and market them to consumers. The Houston area and Texas Gulf Coast host some of the world's largest refineries.
Downstream
GPREGreen Plains Inc.
Green Plains is a leading biorefining company producing ethanol, corn oil, and high-protein animal feed ingredients with Houston-based trading operations.
Ethanol ProductionRenewable FuelsBiorefining
Omaha, NE (Houston Trading)Est. 20041,800$3.5B
Downstream
PSXPhillips 66
Phillips 66 is a diversified energy manufacturing and logistics company with operations in refining, midstream, chemicals, and marketing.
RefiningMidstreamChemicals (CPChem)
Houston, TXEst. 201214,000+$147 billion (2023)
Understanding the Downstream Sector in Houston
Downstream operations encompass everything that happens to crude oil after it leaves the wellhead — refining, blending, marketing, and distribution of finished petroleum products like gasoline, diesel, jet fuel, and heating oil.
The Texas Gulf Coast refining complex, centered on Houston and extending from Beaumont to Corpus Christi, is the largest in the United States, with a combined capacity of over 5 million barrels per day. This represents roughly 30% of total US refining capacity.
Houston-based downstream companies like Phillips 66, Marathon Petroleum, and Valero Energy operate some of the most complex refineries in the world, capable of processing heavy sour crude from Canada, Venezuela, and the Middle East into high-value products.
Downstream Sector — Frequently Asked Questions
How many downstream companies are in Houston?▾
There are 3 downstream oil and gas companies headquartered in the Houston, Texas metropolitan area, making it the largest concentration of downstream companies in the world.
What are the largest downstream companies in Houston?▾
The largest downstream companies in Houston include Enviva Inc., Green Plains Inc., Phillips 66. These companies range from Fortune 500 corporations to specialized independents.
Why are downstream companies based in Houston?▾
Houston's proximity to the Gulf of Mexico, Permian Basin, and Eagle Ford Shale, combined with its deep talent pool, established infrastructure, and favorable business climate, makes it the ideal headquarters for downstream companies.
Downstream Sector — Quick Facts
- •3 downstream companies headquartered in Houston
- •Houston is the #1 US city for downstream company headquarters
- •3 publicly traded companies in this sector
- •Companies range from Fortune 500 giants to specialized independents