NAICS Code 424720 — Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is the only national industry under 42472 (Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)).

Code424720
TitlePetroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
LevelNational Industry (6-digit)
EditionNAICS 2022 edition
SBA size standard200 employees

Official definition (2022 NAICS)

This industry comprises establishments primarily engaged in the merchant wholesale distribution of petroleum and petroleum products (except from bulk liquid storage facilities).

Illustrative Examples:

Gasoline merchant wholesalers (except bulk stations, terminals)

Lubricating oil and grease merchant wholesalers (except bulk stations, terminals)

Bottled liquid petroleum gas merchant wholesalers

Fuel oil merchant wholesalers (except bulk stations, terminals)

Is a business under 424720 "small"?

Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 424720 qualifies as a small business if it does not exceed 200 employees. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — employee count is averaged over the latest 24 months.

Where 424720 sits in the hierarchy

LevelCodeTitle
Sector42Wholesale Trade
Subsector424Merchant Wholesalers, Nondurable Goods
Industry Group4247Petroleum and Petroleum Products Merchant Wholesalers
NAICS Industry42472Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
National Industry424720Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Related SIC codes

Via the official U.S. Census concordance (1987 SIC ↔ NAICS), shown only where the industry definition is unchanged in NAICS 2022.

SIC codeTitle
5172Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals

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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.