Money / lists What the 7 Fastest-Shrinking US Companies Have in Common In a word: oil By Jenn Gidman, Newser Staff Posted Oct 6, 2016 12:10 PM CDT Copied In this Oct. 8, 2012, file photo, the Exxon Mobil refinery in Torrance, Calif., is seen. (AP Photo/Reed Saxon, File) It's not terribly common for companies to see revenue drop by double-digit percentages, but in coming up with entries for its list of America's fastest-shrinking companies, 24/7 Wall St. found that sometimes the plunges came fast and furious, with revenue for a few companies falling more than one-third in just three years. The site picked out the S&P 500 companies that suffered the most from fiscal 2012 to fiscal 2015, and they share one similarity: They're all oil companies. The seven with the most drastic three-year declines: Apache, -61.4% Marathon Oil Corporation, -53.3% ConocoPhillips, -49.7% Phillips 66, -48.7% Hess, -45.7% Chevron Corporation, -44.9% Exxon Mobil Corporation, -43.5% Check out 24/7 Wall St. for more companies that made the cut. (Or the five worst car brands in the US.) Report an error