Here are the ingredients:
Petrolatum; C18-36 Acid Triglyceride; C18-36 Acid Glycol Ester; Cocoa Butter; Aloe Vera Extract; Fragrance; Propylparaben; Butylparaben
However, the combo of coco butter and aloe vera gives it a nice buttery feel, but the petrolatum keeps it firmer and longer lasting than most all natural balms.
At $2.99 it is also nice and cheap. I would take this one over a regular Chapstick (but not over one of the newer Chapstick Fresh Effects Balms (link is to previous review)