admin In all nations of the world, Oil has become a very prominent source of energy that is needed daily for both domestic and industrial purposes.
While the United States of America dominate this list,companies based in Saudi Arabia, China,UK and France were able to feature on this prestigious list which is measured by Trailing 12 month ( TTM) revenue.
The companies are:
1: SAUDI ARAMCO: It is one of the largest companies in the world across all industries and the largest global oil producing company by revenue. Though it is not traded in the US, Saudi Aramco is the World’s largest integrated oil and gas company with facilities in targeted innovation hubs in the United states, Europe and Asia. It has a revenue ( TTM) : 590$.3 billion and a Net income ( TTM) : $156.5 billion.
2: China Petroleum & Chemical corporation (SNPMF)
With a revenue (TTM) of $486.8 billion and Net income of ( TTM) $10.5 billion, China Petroleum and Chemical is a producer and distributor of a variety of petrochemical and Petroleum products. The company’s variety of products include, gasoline, diesel,kerosene, synthetic rubbers and resins, jet fuel and chemical fertilizers among others .Also referred to as SINOPEC,China Petroleum and chemical is among the largest oil refining, gas and petrochemical companies in the world.
3: PetroChina co.Ltd( PCCYF)
Petrochina is a publicly listed unit of the state owned CHina National petroleum corporation. Petrochina is the largest oil and gas producer and distributor in China, contributing approximately 50% and 60% of China’s domestic oil and gas production volume. It has revenue ( TTM) : $486.4 billion and a Net income ( TTM) $20.9 billion.
4: EXXON MOBIL CORP.(XOM)
Exxon Mobil explores, produces,trades, transports, as well as sells oil and natural gas.Regarded as an Industry leader in the area of profitability in the energy and chemical manufacturing sector, Exxon Mobil operates facilities globally while exploring oil and natural gas on six continents.Using four main brands, Esso,Exxon,Mobil and Exxon mobil, the company markets fuels,lubricants and chemicals.It has a revenue ( TTM) $386.8billion and a Net income worth ( TTM) $51.9 billion.
5:SHELL PLC.
SHELL is an international energy company that has operational locations in 70 countries and is deeply involved in the exploration, production, refining and marketing of oil and natural gas,and the manufacturing and marketing of chemicals.it has an overall revenue ( TTM) of $365.3 billion and a Net income revenue ( TTM) of $43.4 billion.
6: TotalEnergies SE(TTE)
With a total revenue of ( TTM) $254.7 billion and a Net income ( TTM) $23.1 billion , TotalEnergies is headquartered in France and is involved in the exploration and production of crudeoil, natural gas and low carbon electricity.Total also refines and produces petrochemical products while it owns and operates gas stations throughout Europe, the United States of America and Africa.
7: CHEVRON Corp( CVX)
Chevron Corporation has a ( TTM) revenue of $227.1 billion and a Net income ( TTM) $34.2 billion.It is an integrated oil company with upstream and downstream operations.The upstream division is involved in the exploration and production of oil and natural gas, while downstream operations cover refining, marketing and transportation.
Chevron is also involved in chemical and mining operations as well as non-energy activities such as technology development.
8: BP PLC( BP).
British oil company is involved in oil and petrochemical exploration, production and supply.With a revenue ( TTM) $222.7 billion and a Net income ( TTM) $11 billion, the company refines and sells petroleum products, including chemicals such as acetic acid,ethlene, polyethylene and terephthalic acid.It uses a strategy which focused on producing resources to an integrated energy company focussed on producing resources to an integrated energy company focussed on delivering solutions for customers and investors with brands which include Castrol, Aral and Amoco.
9: Marathon Petroleum Corp( MPC)
The company has a Revenue ( TTM) $ 173 billion and a Net Income ( TTM) : $12 billion. With a focus on serving customers across the US, Marathon refines and ships petroleum products and is a leaseholder of thousands of miles of petroleum pipelines.The company’s main marketing system includes branded locations across the United States, including Marathon brand retail outlets.
10: Valero Energy corporation.( VLO)
With a revenue portfolio of ( TTM) $ 170 billion and a Net income ( TTM) of $9.4 billion,Valero ranks as the largest independent petroleum refiner in the world and the world’s second – largest renewable fuels producer.Valero hosts 15 refineries in the United states,Canada and the United Kingdom in addition to 33 wind turbines in the United states.
