- Saudi Arabian Oil Company (TADAWUL:2222)
Market Capitalization: $1.98 Trillion
Saudi Arabian Oil Company (TADAWUL:2222), also known as Saudi Aramco, tops our list of the 25 most valuable oil companies in the world. It is a state-owned petroleum and natural gas company and the national oil company of Saudi Arabia. Saudi Arabian Oil Company (TADAWUL:2222) has a market capitalization of $1.98 trillion as of February 9, 2024.
- Exxon Mobil Corporation (NYSE:XOM)
Market Capitalization: $404.13 Billion
Exxon Mobil Corporation (NYSE:XOM) is an American multinational oil and gas corporation that ranks second on our list of most valuable oil companies in the world in 2024. As one of the world’s largest oil and gas companies, it is vertically integrated across the entire oil and gas industry. As of February 9, 2024, Exxon Mobil Corporation (NYSE:XOM) has a market capitalization of $404.13 billion.
Oil & Gas Operator List
- Chevron Corporation (NYSE:CVX)
Market Capitalization: $279.57 Billion
Chevron Corporation (NYSE:CVX) is an American multinational energy corporation that mainly specializes in oil and gas. With a market capitalization of $279.57 billion as of February 9, 2024, it ranks among the top 3 on our list of the most valuable oil companies in the world. Chevron Corporation (NYSE:CVX) manufactures and offers a variety of high-quality refined products, including gasoline, diesel, premium base oil, marine and aviation fuels, finished lubricants, and fuel oil additives.
- Shell plc (NYSE:SHEL)
Market Capitalization: $206.72 Billion
Shell plc (NYSE:SHEL) is a British multinational oil and gas company. Headquartered in London, the company specializes in the exploration, production, refining, and marketing of oil and natural gas. As of February 9, 2024, Shell plc (NYSE:SHEL) has a market capitalization of $206.72 billion. It is one of the most valuable oil companies in the world.
- PetroChina Company Limited (SHA:601857)
Market Capitalization: $203.44 Billion
PetroChina Company Limited (SHA:601857) is a Chinese oil and gas company that ranks among the top 5 most valuable oil companies in the world. It is Asia’s largest oil and gas company. PetroChina Company Limited (SHA:601857) has a market capitalization of $203.44 billion as of February 9, 2024.
- TotalEnergies SE (NYSE:TTE)
Market Capitalization: $150.47 Billion
TotalEnergies SE (NYSE:TTE) is a French multinational integrated energy and petroleum company. It is one of the world’s biggest oil companies and it ranks 6th on our list of the most valuable oil companies in the world. TotalEnergies SE (NYSE:TTE) has a market capitalization of $150.47 billion as of February 9, 2024.
- ConocoPhillips (NYSE:COP)
Market Capitalization: $130.96 Billion
ConocoPhillips (NYSE:COP) is an American multinational oil and gas corporation. The company is primarily engaged in the exploration and production of oil and gas. As of February 9, 2024, ConocoPhillips (NYSE:COP) has a market capitalization of $130.96 billion.
- Pemex
Revenue: $118.54 Billion
Pemex, also known as Petróleos Mexicanos, is a Mexican state-owned petroleum company. It also ranks among the largest energy companies by revenue. Pemex is managed and operated by the Mexican government. In 2022, the state-owned petroleum company generated a revenue of $118.54 billion.
- Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)
Market Capitalization: $111.67 Billion
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is a state-owned Brazilian multinational petroleum corporation. The corporation operates in an integrated and specialized manner in the oil, natural gas, and energy industry. As of February 9, 2024, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has a market capitalization of $111.67 billion.
- BP plc (NYSE:BP)
Market Capitalization: $103.37 Billion
BP plc (NYSE:BP) is a British multinational oil and gas company. Headquartered in London, England, it is an integrated energy company with a presence in 70 countries around the world. As one of the world’s biggest oil and gas corporations, BP plc (NYSE:BP) has a market capitalization of $103.37 billion as of February 9, 2024. It ranks among the top 10 on our list of the most valuable oil companies in the world.
- Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Market Capitalization: $96.44 Billion
Abu Dhabi National Energy Company PJSC (ADX:TAQA) is a government-controlled energy holding company of Abu Dhabi, United Arab Emirates. It focuses on oil and gas exploration and production, pipelines, underground gas storage, power generation, and water desalination. As of February 9, 2024, Abu Dhabi National Energy Company PJSC (ADX:TAQA) has a market capitalization of $96.44 billion.
Oil & Gas Contact Lists
- CNOOC Limited (HKG:0883)
Market Capitalization: $92.91 Billion
CNOOC Limited (HKG:0883) is China’s offshore crude oil and natural gas company. It is primarily engaged in the exploration, development, production, and sale of crude oil and natural gas. CNOOC Limited (HKG:0883) has a market capitalization of $92.91 billion as of February 9, 2024. It ranks 12th on our list of the most valuable oil companies in the world.
- China Petroleum & Chemical Corporation (SHA:600028)
Market Capitalization: $92.8 Billion
China Petroleum & Chemical Corporation (SHA:600028), also known as Sinopec, is a Chinese oil and gas company. It has a market capitalization of $92.8 billion as of February 9, 2024. As a vertically integrated energy and chemical company, China Petroleum & Chemical Corporation (SHA:600028) is engaged in oil and gas exploration and production.
- Petronas
Revenue: $85.36 Billion
Petronas, also known as National Petroleum Limited, is a Malaysian multinational oil and gas company. As one of the top oil and gas companies in the world, it has a presence in more than 100 countries. In 2022, Petronas generated $85.36 Billion.
- PT Pertamina (Persero)
Revenue: $84.88 Billion
PT Pertamina (Persero) is an Indonesian state-owned oil and natural gas company that ranks among the top 15 on our list of the most valuable oil companies in the world. The corporation is a major crude oil producer in Indonesia. In 2022, PT Pertamina (Persero) generated a revenue of $84.88 billion.
- Equinor ASA (NYSE:EQNR)
Market Capitalization: $77.1 Billion
Equinor ASA (NYSE:EQNR) is a Norwegian state-owned multinational energy company. It is engaged in the exploration, development, and production of oil and gas. The company also invests in renewable energy. Equinor ASA (NYSE:EQNR) has a market capitalization of $77.1 billion as of February 9, 2024.
- Enbridge Inc. (NYSE:ENB)
Market Capitalization: $72.75 Billion
Enbridge Inc. (NYSE:ENB) is a Canadian multinational pipeline and energy company. Operating one of the world’s longest and most complex crude oil and liquids transportation systems, it owns and operates pipelines throughout Canada and the US. As one of the top most valuable oil companies in the world, Enbridge Inc. (NYSE:ENB) has a market capitalization of $72.75 billion as of February 9, 2024.
- Public Joint Stock Company Rosneft Oil Company (MCX:ROSN)
Market Capitalization: $68.74 Billion
Public Joint Stock Company Rosneft Oil Company (MCX:ROSN) is a Russian integrated energy company. As one of Russia’s largest oil refining companies, it specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. Public Joint Stock Company Rosneft Oil Company (MCX:ROSN) has a market capitalization of $68.74 billion as of February 9, 2024.
- Schlumberger Limited (NYSE:SLB)
Market Capitalization: $67.18 Billion
Schlumberger Limited (NYSE:SLB) is an oilfield services company. It is one of the world’s largest offshore drilling companies. Schlumberger Limited (NYSE:SLB) provides technology for reservoir characterization, production, drilling, and processing to the global oil and gas industry. As one of the top oil companies in the world, it has a market capitalization of $67.18 billion as of February 9, 2024.
- Canadian Natural Resources Limited (NYSE:CNQ)
Market Capitalization: $66.13 Billion
Canadian Natural Resources Limited (NYSE:CNQ) is a Canadian oil and natural gas company. It is one of the world’s largest independent crude oil and natural gas producers. With a market capitalization of $66.13 billion as of February 9, 2024, Canadian Natural Resources Limited (NYSE:CNQ) ranks among the top 20 on our list of the most valuable oil companies in the world.
- EOG Resources Inc. (NYSE:EOG)
Market Capitalization: $64.75 Billion
EOG Resources Inc. (NYSE:EOG) is an American energy company. It engages in the exploration, development, production, and marketing of crude oil and natural gas. As one of the most valuable oil companies in the world, EOG Resources Inc. (NYSE:EOG) has a market capitalization of $64.75 billion as of February 9, 2024.
- Phillips 66 (NYSE:PSX)
Market Capitalization: $62.63 Billion
Phillips 66 (NYSE:PSX) is an American multinational oil and gas company. It is a diversified energy manufacturing and logistics company that is engaged in oil refining, marketing, and transportation, as well as chemical manufacturing and power generation. As of February 9, 2024, Phillips 66 (NYSE:PSX) has a market capitalization of $62.63 billion.
- Marathon Petroleum Corporation (NYSE:MPC)
Market Capitalization: $62.54 Billion
Marathon Petroleum Corporation (NYSE:MPC) is an American petroleum refining, marketing, and transportation company that ranks among the top 25 most valuable oil companies in the world. With a system of 13 refineries in the US, Marathon Petroleum Corporation (NYSE:MPC) is one of the nation’s largest refiners. The company has a market capitalization of $62.54 billion as of February 9, 2024.
- Enterprise Products Partners L.P. (NYSE:EPD)
Market Capitalization: $56.96 Billion
Enterprise Products Partners L.P. (NYSE:EPD) is an American midstream natural gas and crude oil pipeline company. It is a major provider of midstream energy services to producers and consumers of crude oil, natural gas, natural gas liquids (NGLs), refined products, and petrochemicals. As of February 9, 2024, Enterprise Products Partners L.P. (NYSE:EPD) has a market capitalization of $56.96 billion.
- Pioneer Natural Resources Company (NYSE:PXD)
Market Capitalization: $53.08 Billion
Pioneer Natural Resources Company (NYSE:PXD) is an oil and natural gas exploration and production company. It ranks among the top 25 most valuable oil companies in the world. Pioneer Natural Resources Company (NYSE:PXD) has a market capitalization of $53.08 billion as of February 9, 2024.
