5 Biggest Energy Companies in the US

2. Chevron Corporation (NYSE:CVX)

Market Capitalization as of December 23, 2022: $343 billion

Chevron Corporation (NYSE:CVX) is an American firm that is not only one of the largest oil companies in America but also in the world.

Chevron Corporation (NYSE:CVX) was able to capitalize on the high oil prices in the wake of Russia’s Ukraine invasion as it reported $11.2 billion in profits for its third fiscal quarter – which was almost double what the firm had raked in during the year ago quarter.

66 of the 920 hedge funds polled by Insider Monkey for 2022’s September quarter had bought Chevron Corporation (NYSE:CVX)’s shares.

Warren Buffett’s Berkshire Hathaway is Chevron Corporation (NYSE:CVX)’s largest shareholder. It owns 165 million shares that are worth $23 billion.

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