biggest oil companies in usa 2020
But both segments are under pressure to become cleaner and move away from fossil fuels to more renewable sources. There are 100s of upstream and downstream oil and gas companies based in the United States varying from large international players such as ExxonMobil and Chevron Corp., right down to small, single-play, domestic focused companies. For more information on other leading American companies, check our other posts: The energy companies listed hereafter are ranked by market capitalization in United States Dollars, as of effective close on Friday, February 7, 2020. ", Financial Times, 2020 ranking of leading United States oil and gas companies based on market capitalization (in billion U.S. dollars) Statista, https://www.statista.com/statistics/241625/top-10-us-oil-and-gas-companies-based-on-market-value/ (last visited March 14, 2021), 2020 ranking of leading United States oil and gas companies based on market capitalization, Natural gas - proved reserves worldwide 2000-2019, Production of natural gas worldwide - by country 2019, Proved natural gas reserves in the U.S. 1991-2019, Shale gas reserves in the U.S. by basin 2019, Natural gas production - United States 1998-2019, Shale gas production in the U.S. by basin 2019, U.S. natural gas - gross withdrawals from gas wells 2005-2019, U.S. natural gas and condensate number of wells 2005-2019, Oil, natural gas and miscellaneous rotary rig count in U.S. 2011-2019, Natural gas imports into the U.S. 1955-2019, Energy prices: average U.S. Henry Hub natural gas price 2003 -2019, Weekly U.S. Henry Hub natural gas price 2019-2021, Value added by the oil and gas extraction industry 1998-2019, Oill and gas extraction industry gross output in the U.S. 1998-2019, Employment in the U.S. oil and gas extraction industry 1998-2019, 2020 ranking of oil and gas companies in the U.S. based on market capitalization, Natural gas industry: leading companies by proved U.S. gas reserves 2018, U.S. natural gas demand projection 2018-2021, Market capitalization of leading oil companies in Canada 2015, Leading U.S.-based oil and gas companies based on market capitalization 2016, Annual net profit of REINERTSEN 2011-2015, Average debt of bankrupt oil & gas companies in the U.S. 2015, Global GHG emissions share of oil and gas companies 2015, Employee number of Aibel 2018, by location, Total S.A.'s market capitalization at year end 2010-2016, Revenue of Equinor 2019 worldwide, by country and product, Global revenue of Equinor by product 2019, Top oil gas operators worldwide by deepwater pipeline installation 2011-2015, Capital expenditure (CAPEX) of Ophir Energy from 2013-2018, Top oil gas operators by subsea tree awards worldwide 2011-2015, Largest companies by market capitalization in Russia 2020, Manufacture of gas: number of enterprises in Croatia 2008-2016, Prumo Logística: net loss through NFX Combustíveis 2016-2017, Mobil Korea Lube Oil sales revenue 2012-2016, Manufacture of gas: number of enterprises in Denmark 2008-2016, 2020 ranking of leading United States oil and gas companies based on market capitalization (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. #2 PetroChina Co. … Founded in 1906 as the Oklahoma Natural Gas Company, it primarily operates in natural gas gathering, processing, storage, and transportation between production basins and markets in central and southern states. Update, Insights into the world's most important technology markets, Advertising & Media Outlook It was separated from ConocoPhilips in 2012. Sempra Energy is an electric and natural gas utility company. : $205.991 Billion – Stock symbol: CVX. For even more data on the largest US companies, download our Excel files on the Russell 1000 companies, Russell 2000 companies, or Russell 3000 companies. Here are the top 10 as of 2017 reporting. It transmits and delivers electricity and natural gas to approximately 3.7 million customers in Connecticut, Massachusetts, and New Hampshire. Financial Times. It also owns the Conoco, Phillips 66, and 76 stations retail outlets in the U.S. and jet filling stations in Europe, as well as pipeline, and a share in natural gas and chemical companies. The Williams Companies, Inc., is a company primarily involved in natural gas processing and transportation tracing its origins to 1908. Please create an employee account to be able to mark statistics as favorites. Dollars). The Appalachia region through Pennsylvania, Ohio, and West Virginia, which includes the Marcellus shale and Utica shale. Website: pseg.com – Market Cap. Note that if you are searching for information on these companies to invest in their stocks, make sure you know what you are doing as your investment will be subject to significant risks with the evolution of stock prices. However, the fact remains that the industry has produced some of the largest companies in known history. US O&G companies laid off about 14% of permanent employees in 2020, and our research shows that 70% of jobs lost during the pandemic may not come back by the end of 2021. Edison International is an electric power producer and distributor. Profit from additional features by authenticating your Admin account. Although the oil and gas sector is used to the highs and lows of economic and price cycles, this … Reliance Industries Revenue: $42.2 billion It operates in the production of petroleum, natural gas liquids, and natural gas in the United States, Canada, Trinidad and Tobago, and China, with more than 800,000 barrels of oil equivalent per day. ConocoPhillips is a company specialized in oil and gas exploration and production. ET Do they have too much economic power… and maybe political power too? Have a look at my top 10 best essential oil companies that will sell you a great essential oil.Their oils sold are pure, potent, and safe to use.You’re going to be very happy when your essential oils kit arrives in the mail. dollars)." The Eagle Ford that runs through south Texas. "2020 ranking of leading United States oil and gas companies based on market capitalization (in billion U.S. The company operates production facilities, promotes products worldwide, and explores oil and natural gas on six continents. facts. The biggest sector in the world in terms of dollar value, the oil and gas sector is a global powerhouse using hundreds of thousands of workers worldwide and generating hundreds of billions of dollars globally each year. The development of solar and wind power generation is accelerating, and many utility companies are pledging a larger portion of their investments in that direction. Website: firstenergycorp.com – Market Cap. A vital but often dirty power supply, the entire energy sector is engaged in a transition towards cleaner and more renewable sources and uses of power. Tracing its history to 1925, NextEra Energy is the world’s largest utility company, operating the world’s largest generator of wind and solar renewable energy, together with natural gas, nuclear energy, and oil power plants through its subsidiaries. The Oil & Gas segment is quite dominated by the two largest companies in the list, Chevron (#2) and ExxonMobil (#1) which are often considered as part of the major global petroleum companies. : $26.044 Billion – Stock symbol: PPL. Through its subsidiaries, Sempra Energy serves more than 35 million electric and natural gas customers in California, Texas, and Mexico. Last Updated on February 5, 2021 by Admin. Website: oneok.com – Market Cap. : $29.18 Billion – Stock symbol: PEG. Shell remains the world’s most valuable oil & gas brand, and despite an 11% dip in brand value to US$42.2 billion, has widened the gap ahead of second-ranked Saudi Aramco. Resources, tools and data for business, money, tech and finance. Website: ameren.com – Market Cap. Website: exeloncorp.com – Market Cap. Then you can access your favorite statistics via the star in the header. First on our list is Exxon and Mobil oil and gas, which sprung as a result of merging in... #2. It operates in the refining, marketing, and transportation of petroleum products, petrochemicals, and gasoline marketed notably in Marathon branded outlets, as well as in its retail subsidiary Speedway LLC. Below we look at the 10 biggest mining companies by 12-month trailing revenue. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Entergy Corporation is an energy company primarily operating in electric power production and retail distribution. The Phillips 66 Company is a petroleum refining company. Website: conocophillips.com – Market Cap. The downstream activities of ConocoPhillips were separated as Phillips 66 in 2012. Kinder Morgan, Inc. is an energy company specialized in oil and gas pipelines and terminals. However, many “utilities” companies are also engaged in the distribution of natural gas for heating and domestic power generation, and the very largest companies are involved in multiple activities of both sectors, and even further into associated engineering or industrial activities. : $20.568 Billion – Stock symbol: AEE, Sector: Energy – Sub-Industry: Oil & Gas Exploration & Production. LIST OF TOP 10 OIL AND GAS COMPANIES IN USA 2020 #1. The Anadarko in Oklahoma, which includes the STACK shale play. As a Premium user you get access to background information and details about the release of this statistic. The Oil & Gas segment is quite dominated by the two largest companies in the list, Chevron (#2) and ExxonMobil (#1) which are often considered as part of the major global petroleum companies. : $25.685 Billion – Stock symbol: DTE, Sector: Utilities – Sub-Industry: Electric Utilities. Required fields are marked *. ExxonMobil is also engaged in the manufacturing, transportation, and sale of petroleum products, markets commodity petrochemicals, and a range of specialty products. Your email address will not be published. : $131.745 Billion – Stock symbol: NEE, Sector: Energy – Sub-Industry: Integrated Oil & Gas. NextEra Energy, Inc. is an electric utility company particularly involved in renewable energies. Chart. The headquarter of Chevron Corporation is found … Saudi Arabia … EOG Resources has more than 3.3 billion barrels of oil equivalent of estimated proved reserves, predominantly located in the U.S. Website: eogresources.com – Market Cap. This feature is limited to our corporate solutions. : $36.031 Billion – Stock symbol: XEL. So the companies included hereafter do reflect this separation, even though many of them often have a foot on the other side of this demarcation. The Global Industry Classification Standard, which intends to define companies according to their activities, defines Oil & Gas companies as belonging to the “Energy” sector, while electricity producers and utility distributors are categorized in the “Utilities” sector. ExxonMobil ranked first among United States' top ten oil and gas producing companies based on market capitalization as of September 2020, at … Be sure to also check the Top 10 US energy companies’ summary after the list! Oil companies make up about 10% of the UK stock market, while US energy stocks also slumped on the S&P 500. EOG Resources, Inc. is a hydrocarbon exploration and extraction company. : $30.843 Billion – Stock symbol: ED. It is especially involved in oil extraction in the Permian Basin in Western Texas, together with natural gas liquids and natural gas. A paid subscription is required for full access. Please authenticate by going to "My account" → "Administration". The biggest fallers on the FTSE … : $71.712 Billion – Stock symbol: SO. Saudi Aramco is the world's largest oil company. It operates in electric power generation and the distribution of electricity and natural gas through a number of subsidiary companies. Company Name Revenue 2017 (US$ billion) Revenue 2018 (US$ billion) Saudi Arabia: Saudi … Established in 1823, it provides electric, gas, and steam energy services to more than 10 million customers in New York City, Westchester County, southeastern New York, and northern New Jersey. But there are differences in quality control standards, company reputation, selection and … Deutsch | Español | Français | Italiano | Português | 中文 | 日本語. Website: kindermorgan.com – Market Cap. To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 American energy companies. The United States will remain the global leader in oil production, forecasts the International Energy Agency. "2020 Ranking of Leading United States Oil and Gas Companies Based on Market Capitalization (in Billion U.S. The PPL Corporation is a utility company primarily engaged in the production and distribution of electricity. Website: pxd.com – Market Cap. Energy companies are a critical part of the American economy, powering individuals and businesses for the comfort and technologies they use on a day-to-day basis. Eversource also operates in water utility through its subsidiary Aquarion Water Company, acquired in 2017. Here are the 30 largest American energy companies. Through its participation in Diamond Green Diesel, Valero is also involved in the operation of the largest biomass-based diesel plant. Accessed March 14, 2021. https://www.statista.com/statistics/241625/top-10-us-oil-and-gas-companies-based-on-market-value/, Financial Times. ExxonMobil is also one the world’s largest companies by revenue, with revenues of $244.3bn. U.S. gas and oil industry annual revenue 2010-2018, Natural gas - countries with the largest reserves 2009-2019, Shale gas and tight oil plays production in the U.S. 1999-2050, Global gas exporting countries by type 2019. Website: corporate.exxonmobil.com – Market Cap. Website: entergy.com – Market Cap. and over 1 Mio. The other companies primarily involved Oil & Gas being significantly smaller than their two arch-rivals. We use cookies to ensure that we give you the best experience on our website. Here, oil is produced in 32 states and in US coastal waters – the majority of which is drilled in Texas (41%). As soon as this statistic is updated, you will immediately be notified via e-mail. To give you more perspective on the actors of the energy sector in the US, details about the thirty largest public companies that produce and deliver energy in America have been listed hereafter. Tracing its origins to 1896, WEC Energy Group produces more than 7,100 megawatts of electricity and provides services to 4.5 million customers in Wisconsin, Illinois, Michigan, and Minnesota. American Electric Power, also known by the acronym AEP, is an electric utility company. : $37.421 Billion – Stock symbol: OXY. : $31.13 Billion – Stock symbol: OKE. 2020 ranking of leading United States oil and gas companies based on market capitalization (in billion U.S. dollars) [Graph]. Tracing its origins to 1900, Duke Energy now manages a number of nuclear, coal-fired, hydroelectric, oil and gas-fired plants, solar and wind farms, with more than 51,000 megawatts of capacity, and distributes electricity to 7.7 million customers in Ohio, Kentucky, Indiana, North and South Carolina, Florida, Tennessee, and Puerto Rico. : $50.057 Billion – Stock symbol: AEP. Through its subsidiaries, it serves 9 million natural gas and electric utility customers in Alabama, Georgia, Illinois, Mississippi, Tennessee, and Virginia. The Bakken shale in North Dakota and Montana. Eversource Energy is a utility company. Pioneer Natural Resources Company, also more simply known as Pioneer, is a company engaged in hydrocarbon exploration and production. Marathon Oil operates 16 refineries throughout the United States with more than 3 million barrels of crude oil capacity per day. Website: williams.com – Market Cap. This statistic is not included in your account. Companies are not competing for the whole US market, but rather focusing on local distribution areas. To learn more about investing in the stock market and managing your portfolio, check our post on the best online courses on stock investing and trading. Corporate solution including all features. They also often operate under tight price regulation, which also cools competition and expansion. Marathon Petroleum Corporation is a petroleum refining company. You can only download this statistic as a Premium user. New, Figures and insights about the advertising and media world, Industry Outlook Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Website: duke-energy.com – Market Cap. Do they provide a valuable and convenient service? Through its subsidiaries, it generates hydroelectricity, nuclear and wind electricity, and manages natural gas operations. Tracing its origins to 1906, AEP now operates in power generation primarily with coal-fueled power plants, but also with natural gas and nuclear plants, and wind, hydro, pumped storage, and other sources. Statista. Download the S&P 500 companies Excel Download the Russell 3000 companies Excel. : $34.511 Billion – Stock symbol: VLO. As a Premium user you get access to the detailed source references and background information about this statistic. Duke Energy Corporation is an electric and natural gas utility company. The 5 Biggest Threats To Oil & Gas In 2020 By ... Big Oil and the national oil companies should follow Repsol’s lead in pledging carbon neutrality by 2050. Exxon Mobil Corporation, more commonly known as ExxonMobil, is the world’s largest energy company, operating in the exploration, production, transportation, and sale of crude oil and natural gas. : $26.27 Billion – Stock symbol: ETR. any “utilities” companies are also engaged in the distribution of natural gas for heating and domestic power generation, and the very largest companies are involved in multiple activities of both sectors, and even further into associated engineering or industrial activities. DTE also operates in non-utility energy businesses through subsidiaries in gas pipelines in the U.S. and Canada, gas storage, industrial projects, biomass renewable energy production, and energy marketing and trading. However, the US production in 2020 is projected to fall 470,000 barrels per day due to the coronavirus pandemic. Chevron operates in hydrocarbon exploration and production, hydrocarbon refining, marketing and transport, chemicals manufacturing and sales, and power generation. ONEOK also owns natural gas liquids systems since the acquisition of Koch Industries natural gas businesses in 2005. And companies involved in energy are often specialized either in the exploration, extraction (upstream), transportation, refining (midstream) and marketing and distribution (downstream) of hydrocarbons, or the generation of electricity in power plants, and the transmission and delivery of electricity. Each company is detailed with presentations of its sector, sub-industry, activities, market capitalization, a direct link to its website, logo, and stock symbol. Sector: Utilities – Sub-Industry: Multi-Utilities. In fact, every company on our 2018 list of the largest oil and gas companies in the world saw their revenue totals decrease compared to two years ago. Note that you can use this image to embed it on your website and other digital properties using the embed code below. : $27.612 Billion – Stock symbol: EIX. PSEG, which stands for the Public Service Enterprise Group, is a diversified energy utility company formed in 1903. Also known as Sinopec, China Petroleum & Chemical is among the very largest oil refining, gas, and petrochemical companies in the world. China’s Sinopec Group ranks first on the list of the world’s leading oil and gas companies of 2019 with revenues of more than US$430 billion, ahead of Shell and Saudi Aramco. In September 2018, the company reached a deal with the US and Brazilian authorities to … : $39.836 Billion – Stock symbol: PSX. It was founded in 1933 as the California-Arabian Standard Oil Company and renamed in 1988 as the Saudi Aramco. Website: coned.com – Market Cap. Exxon Mobil is one of the world's largest oil and gas companies, whose shares are freely traded on the open securities market. Your email address will not be published. Total S.A is Oil and Gas, Power Generation, Solar Power, Renewable Energy Company with headquarters in Paris, France.. With operations in more than 130 countries, Total is the fourth-largest international oil and gas major as well as a global leader in liquefied natural gas (LNG) and a … To give you a quick overview of the largest American energy companies in 2020, here is a synthesizing image regrouping the information of the top 10. ONEOK is a natural gas midstream service provider. Tracing its origins to 1917, Philips 66 now operates 13 oil refineries with a net crude oil capacity of 2.2 million barrels per day, producing natural gas, petrochemicals, aviation fuels, motor fuels, and lubricants. You need at least a Single Account to use this feature. 6) ExxonMobil – 2,294,701bbl/day. It develops and operates electric and natural gas infrastructure, electric distribution lines, liquefied natural gas facilities, and distribution networks. Learn more about how Statista can support your business. : $260.264 Billion – Stock symbol: XOM. It also serves more than 1.6 million natural gas customers in Ohio, Kentucky, Tennessee, and the Carolinas. Top 30 companies of Canada in the TSX index 2020, Top 30 companies of the UK in the FTSE index 2020, Top 35 companies of Spain in the IBEX index 2020, Top 20 largest US insurance companies 2020. : $27.68 Billion – Stock symbol: FE. It delivers electricity to more than 10 million customers in Illinois, Pennsylvania, Maryland, Delaware, New Jersey, and Washington, DC through local subsidiaries. The other companies primarily involved Oil & Gas being significantly smaller than their two arch-rivals. It owns and operates nuclear, natural gas, coal, oil, hydroelectric, and solar power plants with about 30,000 megawatts of electric generating capacity, and delivers electricity to 2.9 million customers in Arkansas, Louisiana, Mississippi, and Texas. Oil and gas companies know the clock is ticking to adapt to a low-carbon economy. Exelon Corporation is an electric utility company, engaged in the production and distribution of electricity. Do you think they are worth their market capitalization? Website: valero.com – Market Cap. Ameren also distributes electricity to 2.4 million customers and natural gas to 1 million customers. DTE Energy, which stands for the former name Detroit Edison, is involved in the production and distribution of energy. You need a Single Account for unlimited access. Valero Energy Corporation is a manufacturer and marketer of transportation fuels and petrochemical products. Website: marathonpetroleum.com – Market Cap. Website: southerncompany.com – Market Cap. Directly accessible data for 170 industries from 50 countries Through its subsidiaries, PSEG primarily operates nuclear and natural gas power plans and solar energy facilities, providing electricity to 2.3 million customers and gas to 1.9 million customers in New Jersey, as well as 1.1 million customers in Long Island. WEC Energy Group Inc. is an electricity and natural gas utilities company. Chevron Corporation. The largest energy companies of the United States primarily operate in two main areas: Oil & Gas and Utilities. September 18, 2020. Pumpjacks in Alberta, Canada. Website: phillips66.com – Market Cap. : $62.912 Billion – Stock symbol: COP. In the Utilities sector, since power generation and distribution network investments are very expensive, companies tend to have a distribution network spanning a few states. It operates 15 petroleum refineries in the United States, Canada, and the United Kingdom, producing about 3.2 million barrels per day, and 14 ethanol plants throughout the U.S., producing 1.7 billion gallons per year and sells its products wholesale throughout the Americas, the U.K. and Ireland. Consolidated Edison, Inc., more simply known as Con Edison, is an energy delivery company. Register in seconds and access exclusive features. Ranking compiled in September 2020 based on latest available data. : $47.926 Billion – Stock symbol: KMI. However, some are in a better spot than others to meet investors' demands to slash greenhouse gas emissions. Tracing its origins to 1886, it now primarily operates through two subsidiaries: Southern California Edison which produces energy, including renewable energy, and distributes it to about 15 million in Southern California, and Edison Energy which provides energy advisory and services to large energy users. Website: pplweb.com – Market Cap. Website: dteenergy.com – Market Cap. It is also involved in power transmission and delivery through local subsidiaries in Ohio, Texas, Tennessee, West Virginia, Indiana, Michigan, Kentucky, Oklahoma, Arkansas, and Louisiana. Chevron Corporation is a multinational energy company involved in every aspect of the oil, natural gas, and geothermal energy industries in more than 180 countries. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The Utilities segment seems to be more evenly represented. Website: edison.com – Market Cap. September 30, 2020, 6:00 PM EDT ... making listed oil and gas companies the biggest group of polluters in our ranking.) For Oil & Gas companies, the push for green energy turns the favors towards natural gas which has less nocive emissions, and new investments in technologies to reduce emissions and collect carbon dioxide. 10. (September 18, 2020). Website: nexteraenergy.com – Market Cap. It notably provides electric utilities to 2.2 million customers and natural gas utilities to 1.3 million customers in Michigan. Occidental Petroleum Corporation, more commonly known as Oxy, is a petroleum exploration and petroleum manufacturing company operating in the United States, the Middle East, Africa, and Latin America. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Website: aep.com – Market Cap. best online courses on stock investing and trading, Top 30 UK companies in the FTSE index 2021, Top 30 US companies in the S&P 500 index 2021, Top 30 largest US financial companies 2021, Top 30 US companies in the NASDAQ index 2021, 40+ best online courses for AI, Machine Learning and Data Science. United States: 19.51 million bpd. The US Department of Justice described the Car Wash scandal as “the largest foreign bribery case in history,” with $2.1bn siphoned from Petrobras in bribes and secret payments. : $31.465 Billion – Stock symbol: WEC, Sector: Energy – Sub-Industry: Oil & Gas Refining & Marketing. Largest oil producers. It distributes power to 5 million customers throughout the United States and Canada. For more information on the largest American companies, download our S&P 500 companies Excel file containing the complete list of the 500 largest publicly listed companies in the US, together with extensive business, market, financial, and digital information on each company.