CountryMark has been recognized as one of Indiana’s largest privately held companies, earning the No. 12 ranking on the Indianapolis Business Journal’s 2026 list of the Largest Indiana Private Companies, based on 2025 revenue.

The annual ranking reported CountryMark generated $1.43 billion in revenue in 2025 and employed 449 team members, including 412 in Indiana. The cooperative was recognized for its oil production, refining, and marketing operations that serve customers throughout the Midwest.

“Being recognized among Indiana’s largest private companies reflects the strength of our member-owned cooperative and the dedication of our employees, members, and business partners,” said Matt Smorch, President and CEO of CountryMark. “For more than a century, CountryMark has remained committed to providing reliable energy solutions while creating value for the communities and member cooperatives we serve.”

Founded in 1919, CountryMark is owned by 14 farm cooperatives headquartered in and around the state of Indiana.

The Indianapolis Business Journal’s Largest Indiana Private Companies list is one of the state’s most comprehensive business rankings and highlights organizations that contribute significantly to Indiana’s economy.