today's wacc — Oil & Gas Refining
7.47%
+ new wacc
43 companies|as of 04/06/2026|gov bond yield: 4.49%|erp: 4.75%|unlevered beta: 0.70|relevered beta: 0.89
allEnergyOil & Gas DownstreamOil & Gas Refining
Bharat Petroleum Corporation9.33%
PTT Oil and Retail Business Public Company9.16%
Reliance Industries9.00%
DCC8.98%
Petronet LNG8.95%
Castrol India8.88%
Jiangsu Lopal Tech.8.62%
Thai Oil Public Company8.61%
Hindustan Petroleum Corporation8.49%
Sinopec Shanghai Petrochemical Company8.42%
Neste8.23%
CropEnergies8.23%
World Kinect8.19%
Aegis Logistics8.17%
Indian Oil Corporation8.14%
HD Hyundai8.02%
REX American Resources8.00%
Ultrapar Participações7.98%
Chennai Petroleum Corporation7.84%
HF Sinclair7.79%
Valvoline7.71%
Valero Energy7.52%
CVR Energy7.46%
Par Pacific Holdings7.46%
PT AKR7.42%
Phillips 667.33%
Mangalore Refinery and Petrochemicals6.75%
Marathon Petroleum6.75%
Formosa Petrochemical6.60%
SK Innovation6.55%
Cosan6.49%
S-Oil6.45%
Ampol6.22%
Delek US Holdings6.19%
Motor Oil (Hellas) Corinth Refineries6.16%
ENEOS Holdings6.14%
Itochu Enex5.96%
Bangchak Corporation Public Company5.89%
Idemitsu Kosan5.81%
PBF Energy5.71%
Viva Energy Group4.97%
SK Gas4.96%
VERBIO Vereinigte BioEnergie4.23%
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.