Oil and Gas Industry Spare Parts Manufacturers

•  Master Valve USA Inc. manufactures API 6A ball valves and other spare parts for the oil and gas industry.
• The company has a revenue of $4 million.
• There were no publicly available reports that show the company's marketing expenditure.
• Based on a study, the average marketing spend amount of companies is around 7.5% of their total revenues.
• Based on this, Master Valve USA's marketing spending can be derived as (7.5% X $4 million) $300,000.
• The study also mentioned that for B2B companies that provide products, around 50% of their marketing budgets are spent on social media.
• Given this, the social media marketing expense of Master Valve can be calculated as follows: 50% X $300,000 = $150,000.
• Master Valve USA has a YouTube channel with 12 subscribers.

Valveworks USA

•  Valveworks USA manufactures API 6A ball valves and other spare parts for the oil and gas industry.
• The company has a revenue of $49.2 million.
• There were no publicly available reports that show the company's marketing expenditure.
• Based on a study, the average marketing spend amount of companies is around 7.5% of their total revenues.
• Based on this, Master Valve USA's marketing spending can be derived as (7.5% X $49.2 million) $3.69 million.
• The study also mentioned that for B2B companies that provide products, around 50% of their marketing budgets are spent on social media.
• Given this, the social media marketing expense of Master Valve can be calculated as follows: 50% X $3.69 million = $1.85 million.
• Valveworks USA has a YouTube channel and a Facebook account.
• It has 86 subscribers on its YouTube channel.
• On Facebook, it has 217 followers.

Top Social Media Accounts of Oil and Gas Companies

• Based on a compiled list of the top social media accounts of oil and gas companies, the common social media platforms that they are using are LinkedIn and Twitter.