In this article we discuss the 5 most valuable gas companies in the world. If you want to read our detailed analysis of the natural gas sector, go directly to the 15 Most Valuable Gas Companies in the World.
5. BP p.l.c. (NYSE: BP)
Market Cap: $127.377 billion
BP p.l.c. (NYSE: BP) is a London-based oil and gas company that has operations in over 80 countries globally. It operates in all major segments of the energy industry including exploration, production, refining, marketing, distribution, and trading. The company also has operations in renewable energy areas such as solar energy, wind energy, and biofuels.
BP p.l.c. (NYSE: BP)’s largest division is in the US. The company reported total revenue of $183.5 billion in 2020. It holds 42.5 billion cubic feet of natural gas reserves. The company produced 7.9 billion cubic feet of natural gas per day in 2020. With a market cap of $127.377 billion, BP p.l.c. (NYSE: BP) ranks 5th in the list of the 15 most valuable gas companies in the world.
4. Royal Dutch Shell plc (NYSE: RDS)
Market Cap: $158.569 billion
Royal Dutch Shell plc (NYSE: RDS) is a British-Dutch energy and petrochemical company that has operations worldwide. Based in the Hague, Netherlands, the company is involved in the exploration of crude oil, natural gas, and natural gas liquids. Commonly known as Shell, the company is one of the energy supermajors in terms of revenue and production. Royal Dutch Shell plc (NYSE: RDS) has become one of the largest gas-producing firms in the US with annual sales of over $300 billion in over 70 countries. The company reported total revenue of $180.54 in FY 2020 and has a market cap of $158.569 billion. Royal Dutch Shell plc (NYSE: RDS) ranks 4th amongst the 15 most valuable gas companies in the world.
3. Chevron Corporation (NYSE: CVX)
Market Cap: $196.296 billion
Chevron Corporation (NYSE: CVX) is the third-largest oil and gas company in the US. Headquartered in San Ramon, California, the company has operations in over 180 countries worldwide. Chevron Corporation (NYSE: CVX) is involved in every aspect of the energy industry including oil and gas exploration, hydrocarbon production, marketing, transport, and power generation. As of March 2020, it ranked 15th in the Fortune 500 with annual revenue of $146.5 billion and a market cap of over $136 billion. Its oil and gas activities are conducted primarily in the US, Angola, Kazakhstan, Nigeria, Australia, and Mexico. The company produces over 1.6 billion cubic feet of natural gas per day in 2020 and manages major natural gas fields in Asia, Africa, Europe, and the Americas. As of 1st August 2021, the company’s market cap has increased to over $196 billion, making it one of the most valuable gas companies in the world.
2. Exxon Mobil Corporation (NYSE: XOM)
Market Cap: $238.094 billion
Exxon Mobil Corporation (NYSE: XOM) is an oil and gas giant that is based in Irving Texas. The company is involved in the exploration and production of oil and natural gas within the US and internationally. Exxon established a subsidiary, Mobil European Gas, which manages its natural gas operations in Europe. The company has major gas developments in Shale, Utica Shale, Barnett Shale, Fayetteville Shale, and Marcellus Shale.
In 2018, Exxon Mobil Corporation (NYSE: XOM) produced over 9.97 billion cubic feet of natural gas in a day. The company is making huge investments in natural gas and recently acquired one of the largest independent natural gas producers in the US called XTO Energy. The company’s total revenue for FY 2020 was reported to be $178.6 billion. With a market cap of $238.094 billion, Exxon Mobil Corporation (NYSE: XOM) ranks 2nd in the list of the 15 most valuable gas companies in the world.
1. Saudi Arabian Oil Company (TADAWUL: 2222.SR)
Market Cap: $493.3 billion
The Saudi Arabian Oil Company was established in 1933 and is based in Dhahran. Also known as Saudi Aramco, the company is one of the largest oil and gas companies in the world according to revenue and market cap. The company not only has the world’s second-largest proven crude oil reserves, but it also operated the largest single hydrocarbon network in the world known as the Master Gas system. More than a hundred oil and gas fields in Saudi Arabia are managed by the company which includes 288.4 trillion standard cubic feet of natural gas reserves. The Saudi Arabian Oil Company also ranked as the fifth-largest public company in the world by Forbes Global in 2020. Aramco reported a net income of $49 billion for FY 2020, which is one of the highest earnings amongst all public companies worldwide.
Furthermore, the company plans to become a major producer of liquified natural gas and recently sold its first cargo to Singapore. This oil and gas giant is involved in several partnerships and joint ventures to expand into the LNG market and develop new technologies to combat climate change. The Saudi Arabian Oil company is showing no signs of slowing down and has earned the number 1 spot in the list of the 15 most valuable gas companies in the world.
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