5 Biggest Oil Companies in Texas

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1. Exxon Mobil Corp (NYSE:XOM)

Revenue in 2022: $413.68 billion
Number of Hedge Fund Holders: 79

Exxon Mobil Corp (NYSE:XOM) is one of the most valuable oil and gas companies, headquartered in Irving, Texas, and employs over 10,000 staff. Exxon Mobil Corp (NYSE:XOM) controls about 1.75 million Permian basin acreage with nearly 6 billion barrels of oil equivalent.

Production in the Permian basin accounts for more than 50% of the company’s US oil and gas output, with production expected to hit over 1 million barrels of oil a day by 2027.

Follow Exxon Mobil Corp (NYSE:XOM)

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