today's wacc — Oil & Gas Refining
7.39%
+ new wacc
43 companies|as of 04/04/2026|gov bond yield: 4.31%|erp: 4.75%|unlevered beta: 0.71|relevered beta: 0.88
allEnergyOil & Gas DownstreamOil & Gas Refining
Bharat Petroleum Corporation9.20%
PTT Oil and Retail Business Public Company9.09%
Reliance Industries8.80%
Castrol India8.70%
DCC8.59%
Thai Oil Public Company8.54%
HD Hyundai8.50%
Petronet LNG8.49%
Sinopec Shanghai Petrochemical Company8.20%
Hindustan Petroleum Corporation8.16%
Neste8.14%
Indian Oil Corporation8.13%
Jiangsu Lopal Tech.8.06%
CropEnergies8.05%
Aegis Logistics7.99%
Valvoline7.85%
REX American Resources7.83%
Par Pacific Holdings7.74%
Ultrapar Participações7.71%
World Kinect7.59%
CVR Energy7.57%
Chennai Petroleum Corporation7.55%
Valero Energy7.53%
HF Sinclair7.51%
Phillips 667.35%
SK Innovation6.85%
Mangalore Refinery and Petrochemicals6.85%
Formosa Petrochemical6.77%
Marathon Petroleum6.67%
S-Oil6.65%
ENEOS Holdings6.49%
PT AKR6.44%
Cosan6.36%
Idemitsu Kosan6.19%
Delek US Holdings6.12%
Ampol6.07%
Motor Oil (Hellas) Corinth Refineries6.04%
Itochu Enex6.00%
Bangchak Corporation Public Company5.91%
PBF Energy5.86%
SK Gas5.05%
Viva Energy Group5.01%
VERBIO Vereinigte BioEnergie4.31%
methodology

WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.

Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).

Data is updated daily. Read our full methodology on the sources page.