Below you can see our list of the 5 largest energy companies in the world. For a more comprehensive list please see this article.
5. Total SE (NYSE:TOT)
Market cap of the company (in billions of dollars): 144.7
Revenue of the company (in billions of dollars): 200.3
Assets of the company (in billions of dollars): 273.2
Profit of the company (in millions of dollars): 11,267
Total is a French petroleum giant, and is involved in the entire oil and gas chain, from oil and gas exploration to generating power, transport, marketing and trading. It has pledged to reach 0% emissions by 2050, though there are some doubts regarding the achievability of this pledge.
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4. PetroChina (NYSE:PTR)
Market cap of the company (in billions of dollars): 148.1
Revenue of the company (in billions of dollars): 364.1
Assets of the company (in billions of dollars): 392.3
Profit of the company (in millions of dollars): 6,600
PetroChina is the biggest Chinese energy company, and is one of the more recent companies in our list, having only been founded 21 years ago.
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3. Exxon Mobil
Market cap of the company (in billions of dollars): 298.5
Revenue of the company (in billions of dollars): 264.9
Assets of the company (in billions of dollars): 362.6
Profit of the company (in millions of dollars): 20,060
We talked about Exxon Mobil having the biggest merger in the history of the energy industry, and is one of the many oil and gas companies widely criticized for their poor environmental records, even though it has the second highest profits in the entire industry.
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2. Royal Dutch Shell (NYSE:RDS)
Market cap of the company (in billions of dollars): 237.1
Revenue of the company (in billions of dollars): 344.9
Assets of the company (in billions of dollars): 404.3
Profit of the company (in millions of dollars): 16,400
Shell has the highest revenues of any company in Europe, regardless of the industry, and has over $400 billion in assets, and is also one of the companies in our list to be included in every area of the oil and gas chain, though it has also branched out into the renewable energy industry.
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1. Aramco
Market cap of the company (in billions of dollars): 1,898.1
Revenue of the company (in billions of dollars): 329.8
Assets of the company (in billions of dollars): 398.4
Profit of the company (in millions of dollars): 88,200
Easily topping the list of 5 largest energy companies in the world is Aramco, and if considering market size or profits alone, is also the largest company in the entire world. Consider its massive profits of over $88 billion; the remaining 14 companies combined have a profit of $93 billion. The combined market cap of the remaining 14 companies is $1.58 trillion; Aramco’s market cap is $1.9 trillion. It achieved the highest IPO ever in the world in December 2019 and is the only company apart from Apple to have topped $2 trillion in market cap. Aramco is a Saudi company with the world’s second largest proven oil reserves and has the largest daily oil production of any oil companies. Unfortunately however, the company is also responsible for around 4.5% of the total global greenhouse gas emissions from 1988 to 2015, which is a very worrying statistic.
The interesting thing is, Aramco was actually a US company and a subsidiary of what is now Chevron, and discovered oil in Saudi Arabia at a time when the country was yet to become oil rich. The country later on forced the company to hand over 50% of its profits under threats of nationalization by the king and later on, was purchased by the kingdom and became a Saudi Arabian company.
See also 15 largest cement companies in the world and 15 largest beverage companies in the world
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