Money | lists What the 7 Fastest-Shrinking US Companies Have in Common In a word: oil By Jenn Gidman 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.) Read These Next Venezuela responds to the US seizure of an oil tanker. Democratic leaders sit out bid to impeach Trump. Judge says ICE has to release Kilmar Abrego Garcia immediately. Audi Crooks of Iowa State may do what no college player has ever done. Report an error