In this article, we are going to look at the 5 largest energy companies by revenue. If you want to read more about the largest energy companies by revenue worldwide and check out our detailed analysis of the global oil and gas market, you can go to 25 Largest Energy Companies by Revenue.
5. Exxon Mobil Corporation (NYSE:XOM)
Revenue: $346.17 Billion
Exxon Mobil Corporation (NYSE:XOM) ranks among the 5 largest energy companies by revenue with a trailing twelve-month revenue of $346.17 billion as of September 30, 2023. Exxon Mobil Corporation (NYSE:XOM) has investments and operations in coal, nuclear fuels, mineral ores, chemicals, petroleum and natural gas.
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4. China Petrochemical Corporation
Revenue: $471.15 Billion
China Petrochemical Corporation, also known as Sinopec Group, is a state-owned oil refining, gas, and petrochemical conglomerate. In addition to exploration of natural gas and crude oil, the Chinese state-owned enterprise produces various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, chemical fertilizers, and synthetic fibers. As one of the biggest companies in the world by revenue, China Petrochemical Corporation generated a revenue of $471.15 billion in 2022.
3. China National Petroleum
Revenue: $483.02 Billion
China National Petroleum corporation is another Chinese state-owned oil and gas company in our list of largest energy companies by revenue. China National Petroleum is one of the world’s biggest integrated energy companies and it has businesses covering oil and gas operations, oilfield services, equipment manufacturing, petroleum engineering and construction, as well as new energy development. In 2022, China National Petroleum generated a revenue of $483.02 billion.
2. State Grid Corporation of China
Revenue: $530.01 Billion
State Grid Corporation of China (SGCC), or simply State Grid, is a Chinese state-owned electric utility corporation. As one of the largest utility companies in the world, State Grid generated a revenue of $530.01 billion in 2022.
1. Saudi Arabian Oil Company (TADAWUL:2222)
Revenue: $551.94 Billion
With a trailing twelve-month revenue of $551.94 billion, the Saudi Arabian Oil Company (TADAWUL:2222), also known as Saudi Aramco, tops our list of 25 largest energy companies by revenue. It is a Saudi state-owned public petroleum and natural gas company. Headquartered in Dhahran, the Saudi Arabian Oil Company (TADAWUL:2222) is directly owned and controlled by the Saudi government.
You can also take a look at 20 States That Produce Most Wind Energy and 12 Best Crude Oil Stocks To Buy As Tensions Rise.
