5 Biggest Exploration and Production Companies in the World

1. Exxon Mobil Corporation (NYSE:XOM)

Market Capitalization as of November 17th, 2022: $466.8 billion

Exxon Mobil Corporation (NYSE:XOM) is an American integrated oil and gas company. The firm explores its products, and it also transports and sells them. It is headquartered in Irving, Texas, the United States.

Exxon Mobil Corporation (NYSE:XOM) is one of the fastest growing oil and gas production companies in the world. For instance, between 2017 and 2021, its production from the Permian Basin grew by a whopping 70% to sit at more than 500,000 barrels per day. As if this weren’t enough, Exxon Mobil Corporation (NYSE:XOM) also plans to further grow its production by 25% by the end of this year.

As of this year’s third quarter, 75 out of the 895 hedge funds polled by Insider Monkey had held a stake in Exxon Mobil Corporation (NYSE:XOM).

Rajiv Jain’s GQG Partners is Exxon Mobil Corporation (NYSE:XOM)’s largest shareholder through a $2.9 billion stake that comes via 33 million shares.

Disclosure: None. You can also take a look at 15 Largest Airlines in the World and 10 Best Safe Dividend Stocks for Retirement Portfolios.

Follow Insider Monkey on Twitter