By 12-Month Trailing Revenue; Here are Top 10 Oil Companies
Despite the COVID-19 pandemic which heavily affected oil prices, the global exacerbating trade tensions and the accelerating attempts to reduce the use of carbon-based fuel, but oil remains dominant in the picture of energy thirsty economies, and many of the world's leading oil companies still have generated significant revenue.
This list below shows the 10 biggest oil companies by 12-month trailing revenue. It is limited to companies which are publicly traded in the U.S. or Canada, either directly or through ADRs. Some foreign companies may report semiannually, and so may have longer lag times.
While Chinese and U.S. companies make up half of the 10 companies, major players also are from Saudi Arabia, Europe and Russia:
- Revenue (TTM): $355.8 billion
- Net Income (TTM): $486.6 million
- Market Cap: $53.9 billion
- 1-Year Trailing Total Return: -19.9%
- Exchange: New York Stock Exchange
Also known as Sinopec, China Petroleum & Chemical is a producer and distributor of a variety of petrochemical and petroleum products, including gasoline, diesel, kerosene, synthetic rubbers and resins, jet fuel, and chemical fertilizers, among other related offerings. It is one among the very largest oil refining, gas, and petrochemical companies in the world.
- Revenue (TTM): $320.0 billion
- Net Income (TTM): -$1.8 billion
- Market Cap: $59.5 billion
- 1-Year Trailing Total Return: -33.0%
- Exchange: New York Stock Exchange
PetroChina is the exchange-listed branch of the Chinese state-owned China National Petroleum Corporation and is counted among the largest oil and gas producers in business today. Engaged in oil products exploration, development, production, and sales. The company's primary products include crude oil, petrochemical products, and their derivatives.
- Revenue (TTM): $286.9 billion
- Net Income (TTM): $64.5 billion
- Market Cap: $1.9 trillion
- 1-Year Trailing Total Return: 1.4%
- Exchange: Tadawul
Also known as Aramco; although its stock does not trade in the U.S, but it’s a major player in the oil industry, the company went public in 2019 as one of the largest companies in the world across all industries, as well as among the very largest global oil companies by revenue.
- Revenue (TTM): $263.1 billion
- Net Income (TTM): -$11.3 billion
- Market Cap: $109.4 billion
- 1-Year Trailing Total Return: -46.8%
- Exchange: New York Stock Exchange
Based in the Netherlands, Royal Dutch Shell explores, produces, and refines petroleum through its subsidiary companies. In addition to operating gas stations around the world, it also produces and sells fuels, lubricants, and other chemicals.
- Revenue (TTM): $230.7 billion
- Net Income (TTM): -$21.9 billion
- Market Cap: $68.1 billion
- 1-Year Trailing Total Return: -42.2%
- Exchange: New York Stock Exchange
British oil company is involved in oil and petrochemical exploration, production, and supply. The company refines and sells petroleum products including chemicals and generates solar energy for sale as well.
- Revenue (TTM): $213.9 billion
- Net Income (TTM): $7.2 billion
- Market Cap: $161.4 billion
- 1-Year Trailing Total Return: -42.5%
- Exchange: New York Stock Exchange
After Saudi Aramco, Exxon Mobil is the second-largest oil company in the world by market value even though Exxon Mobil is more than 10 times smaller than Aramco. Exxon Mobil is a global petroleum and petrochemicals business that explores, produces, trades, transports, and sells oil and natural gas. It's also involved in electrical power generation through coal and minerals operations.
- Revenue (TTM): $146.1 billion
- Net Income (TTM): -$2.9 billion
- Market Cap: $99.9 billion
- 1-Year Trailing Total Return: -19.5%
- Exchange: New York Stock Exchange
Headquartered in France, Total is an integrated energy company that explores and produces crude oil, natural gas, and low-carbon electricity. Also refines and produces petrochemical products. The company owns and operates gas stations throughout Europe, the U.S, and Africa.
- Revenue (TTM): $115.0 billion
- Net Income (TTM): -$8.7 billion
- Market Cap: $147.5 billion
- 1-Year Trailing Total Return: -29.8%
- Exchange: New York Stock Exchange
Chevron is an integrated oil company with primary business operations, involved in the exploration and production of oil and natural gas, as well as refining, transportation, and marketing. Chevron is also involved in chemical and mining operations and non-energy activities such as technology development.
- Revenue (TTM): $102.4 billion
- Net Income (TTM): -$7.7 billion
- Market Cap: $21.0 billion
- 1-Year Trailing Total Return: -35.2%
- Exchange: New York Stock Exchange
Serving customers across the U.S, the company refines, supplies, transports, and sells petroleum products. Marathon is leaseholder or owner of thousands of miles of petroleum pipelines and has been the owner of the Speedway gas station chain which the company agreed to sell in early August to Japan's Seven & i Holdings.
- Revenue (TTM): $99.1 billion
- Net Income (TTM): $3.9 billion
- Market Cap: $40.3 billion
- 1-Year Trailing Total Return: -18.9%
- Exchange: OTC
The Russian oil and gas company Lukoil conducts exploration, production, refining, transportation, and marketing of petroleum products primarily in the Siberian region. Distributes oil and petroleum through an extensive pipeline system and by ship, serving customers in both Russia and the U.S.
Article source: Investopedia
You might also be interested in: