Unveiling the Titans: World's Biggest Oil and Gas Companies

Unveiling the Titans: World's Biggest Oil and Gas Companies
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The companies that extract, process, and transport energy sources wield significant power in a world powered by oil and gas. Here, we present a curated list of the globe's most influential entities in the energy sector.

World's Biggest Oil and Gas Companies

Oil remains the primary energy source globally, with oil firms supplying billions of barrels of petroleum products daily, fueling industries and transportation networks worldwide. Despite increasing concerns about climate change, these behemoths continue to shape the energy landscape. Let's explore the top 10 World's Biggest Oil and Gas Companies:

  1. Saudi Arabian Oil Co. (Saudi Aramco)

    • Revenue (TTM): $590.3 billion
    • Net Income (TTM): $156.5 billion
    • Market Cap: $1.8 trillion
    • Exchange: Saudi Arabian Stock Exchange
  2. China Petroleum & Chemical Corp. (SNPMF)

    • Revenue (TTM): $486.8 billion
    • Net Income (TTM): $10.5 billion
    • Market Cap: $55.7 billion
    • Exchange: OTC Markets
  3. PetroChina Co. Ltd. (PCCYF)

    • Revenue (TTM): $486.4 billion
    • Net Income (TTM): $20.9 billion
    • Market Cap: $78.7 billion
    • Exchange: OTC Markets
  4. Exxon Mobil Corp. (XOM)

    • Revenue (TTM): $386.8 billion
    • Net Income (TTM): $51.9 billion
    • Market Cap: $445 billion
    • Exchange: New York Stock Exchange
  5. Shell PLC (SHEL)

    • Revenue (TTM): $365.3 billion
    • Net Income (TTM): $43.4 billion
    • Market Cap: $201.8 billion
    • Exchange: New York Stock Exchange
  6. TotalEnergies SE (TTE)

    • Revenue (TTM): $254.7 billion
    • Net Income (TTM): $23.1 billion
    • Market Cap: $157.1 billion
    • Exchange: New York Stock Exchange
  7. Chevron Corp. (CVX)

    • Revenue (TTM): $227.1 billion
    • Net Income (TTM): $34.2 billion
    • Market Cap: $337.8 billion
    • Exchange: New York Stock Exchange
  8. BP PLC (BP)

    • Revenue (TTM): $222.7 billion
    • Net Income (TTM): -$11 billion
    • Market Cap: $105.3 billion
    • Exchange: New York Stock Exchange
  9. Marathon Petroleum Corp. (MPC)

    • Revenue (TTM): $173 billion
    • Net Income (TTM): $12 billion
    • Market Cap: $57.1 billion
    • Exchange: New York Stock Exchange
  10. Valero Energy Corp. (VLO)

    • Revenue (TTM): $170.5 billion
    • Net Income (TTM): $9.4 billion
    • Market Cap: $47.3 billion
    • Exchange: New York Stock Exchange

The World's Biggest Oil and Gas Companies: Navigating a Changing Landscape

As concerns about climate change mount and the world shifts towards renewable energy sources, these energy titans face pivotal decisions. While they continue to dominate the global energy market, adapting their business models to accommodate a low-carbon future is imperative. Stay tuned as these giants navigate the evolving energy landscape to meet the world's energy demands sustainably.

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Kunle Adebayo
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