Exxon Mobil Corp.

Published : November 24th, 2015

Big Oil: Which Are The Top 10 Biggest Oil Companies?

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Big Oil: Which Are The Top 10 Biggest Oil Companies?

Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. At least 37 oil and gas companies have filed for bankruptcy so far in 2015. Low oil prices have forced the entire industry to cut spending and scrap rigs, and the contraction of U.S. shale is finally starting to show up in the production data.

U.S. shale has been significant, but the bulk of global oil production comes from large oilfields that are run by the largest companies.

Rig Source, Inc., a drilling equipment company, published an excellent infographic in October that depicts details about the largest oil companies in the world, which astutely demonstrates their outsized importance on global oil markets. By gobbling up other producers over the years, these 10 companies morphed into the behemoths that they are today. (The data below is largely taken from that article, and the infographic is republished below, and can also be found here).

Related: Why OPEC Can’t Win The Oil Price War

According to Rig Source, the top 10 largest oil companies account for 40 million barrels of output per day. In other words, 10 oil companies account for just over 40 percent of the world’s entire oil production. Together, these firms took in $3.26 trillion in revenue last year, which is equivalent to more than the UK’s entire GDP.

Here are the top 10 largest oil companies by revenue, with revenue totals from 2014:

1. China Petroleum and Chemical Corp., or “Sinopec” ($455.06 billion) – the state-owned Chinese oil company Sinopec claims the mantle as the largest in the world. It has consolidated the Chinese oil industry, scooping up upstream and downstream players over the years. The Beijing-based company doesn’t produce as much oil as the other 9 companies on the list, however. Instead it specializes in downstream refined products. Sinopec produces 1.6 million barrels per day (mb/d), which, while significant, is less than other majors.

2. China National Petroleum Corp. ($432 billion) – CNPC is the second largest state-owned Chinese oil company, and also second largest in the world. CNPC is a bit smaller than Sinopec in terms of revenue, but its 4.4 mb/d in production is nearly three times that of its peer. Earlier this year, there was speculation that Sinopec would merge with CNPC subsidiary PetroChina, creating a truly massive state-owned company. The companies denied the rumors.

3. Royal Dutch Shell ($422 billion) – the Anglo-Dutch company tops the list in terms of private oil companies. Shell has a long and storied history, and has grown over time. Its latest acquisition was BG Group, a major LNG exporter. Shell has operations all over the world, and is going where others have not – including one of the deepest drilling platforms in the world in the Gulf of Mexico, as well as the world’s first floating LNG production vessel. The company is in the midst of transition, however, with high-profile failures in the Arctic, and disappointments in Canadian oil sands and U.S. shale. Shell is pivoting towards natural gas for its future, a move symbolized by its purchase of BG. Shell produces 3.9 mb/d.

Related: Poor Quarter for Canada’s Oilfield Services

4. ExxonMobil ($394 billion) – the Texas-based oil major is one of the most iconic oil companies, and it is the largest private company by production with 5.3 mb/d. When Exxon acquired Mobil in 1999 – both companies are descendants of John D. Rockefeller’s Standard Oil – it created the largest company on the planet. Today ExxonMobil has operations on every continent except Antarctica, with assets upstream, midstream, and downstream, in both oil and natural gas.

5. Saudi Aramco ($378 billion) – the state-owned Saudi Aramco is arguably the most important oil company in the world with its truly massive 12.5 mb/d of production. The Saudi firm is what gives Saudi Arabia and OPEC its enormous influence over oil markets. The company originally was a joint venture between the state and U.S.-based Aramco, but the Saudi government took over the entire company following the Yom Kippur War in 1973. Saudi Aramco’s assets are valued at $30 trillion, dwarfing any other oil company on the planet.

6. BP ($358.7 billion) – BP’s history stretches back more than a century, originally setup to extract oil in Iran. Over the years since, the company now known as BP has picked up assets along the way, with a string of more recent acquisitions in the United States. But BP has downsized substantially since the Deepwater Horizon disaster in 2010 in order to pay the enormous tab. BP produces 4.1 mb/d.

7. Total S.A. ($260 billion) – like many of the other companies on the list, the French oil giant Total is integrated up and downstream, with operations around the world. But it also acquired SunPower in 2011, a California-based solar company. Total is in the midst of cost-cutting campaign to right-size its operations during the current oil price downturn. Total produces 2.7 mb/d.

Related: Oil Prices Testing August Lows As Inventories Swell

8. Kuwait Petroleum Corp. ($252 billion) – Rig Source notes that the Kuwait Petroleum Corp. is unique in that it has never acquired another company, the only top 10 oil producer to have never grown through acquisition. While not nearly as large as Saudi Aramco, the Kuwaiti oil company is among a handful of other Gulf producers that form the backbone of OPEC. Kuwait Petroleum produces 3.2 mb/d.

9. Chevron Corp. ($192 billion) – the California-based oil major has grown significantly through acquisition. It acquired Gulf Oil in 1984, Texaco in 2000, and Unocal Corp. in 2005. Today, Chevron produces a significant volume of oil offshore, and in recent years has made a large bet on LNG. Chevron produces 3.5 mb/d.

10. Lukoil ($144 billion) – Lukoil is one of a few large private oil companies based in Russia. Lukoil acquired Getty Oil in 2000 and Scholtzmeyer Bros. in 2004. Today, Lukoil has major oil-producing assets in Russia, and also notable production from Basra in southern Iraq. Lukoil produces 2.2 mb/d.

See the Rig Source infographic below



(Click to enlarge)

By Nick Cunningham of Oilprice.com:

More Top Reads From Oilprice.com:

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Canada | China | Iran | Iraq | Mexico | Russia | Saudi Arabia | All
Gold and Silver Prices for these countries : Canada | China | Iran | Iraq | Mexico | Russia | Saudi Arabia | All

CODE :
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Exxon Mobil is a and oil producing company based in United states of america.

Exxon Mobil is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 488.0 billions as of today (€ 437.1 billions).

Its stock quote reached its lowest recent point on March 14, 1997 at US$ 100.12, and its highest recent level on September 20, 2024 at US$ 115.16.

Exxon Mobil has 4 237 270 016 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate news of
2/2/2016Stocks End Sharply Lower as Oil Falls
2/2/2016Business Highlights
2/2/2016Oil industry cutting jobs, investment to offset lower prices
2/2/2016Earnings Recap For February 2
2/2/2016Stocks sink, weighed down by another drop in price of oil
1/26/2016The 4 Stocks That Dominated the DJIA on Tuesday
1/26/2016Futures Magazing: Shake it off
1/26/2016ExxonMobil, Renewable Energy Group to Research Biodiesel Fro...
1/26/2016Oil Up 3% But Bearish News Is On The Way
1/26/2016ExxonMobil to Release Fourth Quarter 2015 Financial Results
1/19/2016NY comptroller seeks ExxonMobil analysis of Paris accord
1/19/2016Three Buys To Take Advantage Of This Market
1/19/2016ExxonMobil shareholder group urge more transparency on clima...
1/19/2016What Analysts Expect from Integrated Oil and Gas Companies
1/19/2016[$$] Church of England pushes ExxonMobil to disclose climate...
1/19/2016TABLE-Asian naphtha crackers' 2016 maintenance
1/18/2016Does Buffett See A Bottom In Oil Prices
1/12/2016The 4 Stocks That Boosted the Dow on Tuesday
1/4/2016The Zacks Analyst Blog Highlights: Chevron, Exxon Mobil, Roy...
1/4/2016Oil Will Spike, It's Just a Matter of When
12/31/2015Chevron vs. Exxon Mobil: Which Stock Did Better in 2015?
12/31/2015Dec. 31 Premarket Briefing: 10 Things You Should Know
12/30/2015The 4 Stocks That Sank the Dow on Wednesday
12/23/2015The 4 Stocks That Propelled the DJIA Higher on Wednesday
12/23/2015The 7 Worst Performing Dow Stocks of 2015
12/15/2015Exxon tees up refining executive for CEO, drawing from deep ...
12/14/2015The 4 Stocks That Gave the Dow a Lift on Monday
12/14/2015The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, E. ...
12/14/2015Production Mix: What Does It Tell Investors?
12/14/2015ExxonMobil Starts Banyu Urip Central Processing Facility in ...
12/13/20153:06 pm Exxon Mobil elects Darren W. Woods as President
11/25/2015Crude Oil Price Dips Then Rises After Inventory Increase
11/7/2015NY attorney general wields powerful weapon in Exxon climate ...
11/6/2015ExxonMobil's climate change statements under scrutiny
11/6/2015Dow 30 Stock Roundup: Chevron, Exxon, Disney Beat on Earning...
11/6/2015ExxonMobil Climate Change Statements Under Investigation
11/6/2015Hiring jumps; Shake Shack sizzling; Exxon probed on climate ...
11/6/2015PRESS DIGEST- Financial Times - Nov 6
11/6/2015Official: NY probes Exxon, Peabody climate statements
10/30/2015Chevron and ExxonMobil profits dive amid oil price rout
10/30/2015Business Highlights
10/30/2015How the Dow Jones industrial average fared on Friday
10/30/2015Stocks Slide into the Red Friday
10/30/2015Reality Setting In For The Oil Majors
10/30/2015Chevron cutting up to 7,000 jobs as oil profits shrink
10/30/2015Chinese Demand Is Weakening For These Key Commodities
10/30/2015Stocks Slip Lower Midday Friday
10/30/2015Exxon 3Q profit falls by nearly half amid low oil prices
10/30/2015Exxon beats 3Q profit forecasts
10/30/2015Q&A: A look at the pipeline project being pursued by Alaska
10/29/2015Business events scheduled for Friday
10/27/2015Will ExxonMobil (XOM) Pull a Surprise this Earnings Season?
10/27/2015Will a Reduction in Capex Help Improve Chevron’s Free Cash F...
10/26/2015ExxonMobil to Release Third Quarter 2015 Financial Results
10/20/2015Big Oil to Outperform Amid Signs of a Bottom
10/20/2015Big trader stays bullish on Exxon
10/19/2015ExxonMobil Introduces New Exceed™ Metallocene Polyethylene R...
10/19/2015The Turnaround Is Coming For These Dollar Losers
10/18/2015Legislature to convene special session on gas issues
10/16/2015How the Dow Jones industrial average fared on Friday
10/16/2015The 4 Stocks That Lifted the DJIA on Friday
10/16/2015Wall Street’s Forecasts for ExxonMobil before Its 3Q15 Earni...
10/15/2015State, feds won't pursue $92M more in '89 Exxon Valdez spill
10/9/2015Judge denies environmentalists' intervention in Exxon case
10/7/2015Will 'Negative' S&P Outlook Hurt Exxon, Chevron Stocks?
10/7/2015Why Venezuela’s Petro-Aggression In Guyana Is Being Largely ...
10/7/2015Environmental groups predict more appeals in Exxon case
10/7/20159:35 am Exxon Mobil gaps higher and probes its July low / br...
10/7/2015The Zacks Analyst Blog Highlights: BP, Suncor Energy, Exxon ...
10/6/2015A rally in energy stocks doesn't lift broader market
10/6/2015ExxonMobil's Balanced Operations Likely to Fuel Growth
10/2/2015Court upholds $236M verdict in Exxon Mobil pollution case
10/2/2015US pipeline agency fines Exxon subsidiary $2.6 million
10/1/2015U.S. fines Exxon $2.63 million for Arkansas oil pipeline lea...
10/1/2015Business events scheduled for Friday
10/1/2015A sluggish start for US stocks following a rough quarter
10/1/2015ExxonMobil to Sell its Torrance Plant to PBF Energy for $537...
10/1/2015What PBF Gets With Exxon’s Torrance Refinery
10/1/2015California could be PBF's biggest refinery challenge yet
9/30/2015Exxon Mobil to sell troubled Southern California refinery
9/30/2015PBF Energy buys Torrance refinery in bid for national footpr...
9/30/2015Damaged Torrance Exxon refinery sold; gas prices unlikely to...
9/25/2015Venezuela president says he'll meet with Guyana leader at UN
9/23/2015Long-term bullish wager on Exxon
9/23/2015Crude Oil Price Jumps on Lower Inventory, but Keep an Eye on...
9/23/2015Amazon, Exxon Mobil, Apple, Tesla Motors and Nissan Motor hi...
9/23/2015The Zacks Analyst Blog Highlights: Royal Dutch Shell, Exxon ...
9/23/2015Exxon Mobil scraps plans for temporary fix to damaged Torran...
9/22/2015Midweek Sector Update: Iran Holding Up Its End Of The Bargai...
9/22/2015Oil & Gas Stock Roundup: Crude Falls Post Fed Status Quo, Au...
9/11/2015Lower L.A. gas prices coming soon? Exxon Mobil is poised to ...
9/9/2015EOG Resources' CEO Forecasts Crude Price Increase in 2016
9/9/2015Oppenheimer On Exxon: 'We Don't See Any Near-Term Catalyst T...
9/9/2015How Is This Company Still Getting $77 A Barrel For Its Oil?
9/4/2015Dow 30 Stock Roundup: GE Announces Divestment of Fleet Busin...
9/4/2015CrestPoint Capital Management's Top Second Quarter Holdings
9/3/2015Exxon (XOM) Vs. Chevron (CVX): Which is the better Big Oil S...
9/2/2015Dutch court: gas producer NAM must compensate homeowners in ...
9/1/2015Regulators postpone hearing on Exxon Mobil refinery in Torra...
9/1/2015US stocks fall sharply on bleak Chinese manufacturing report
8/24/2015Crude Trickles Below $40: How Slippery Is Oil?
8/24/2015Oil has no reason to melt down: energy analyst
8/24/2015Apple back above $100; Alibaba below IPO price; Exxon & Chev...
8/24/2015Soldiers killed in clashes near Azerbaijan's breakaway Nagor...
8/24/2015Stocks poised for massive selloff; oil tumbles; tech punishe...
8/21/2015Barrel of US crude drops below $40
8/20/2015China worries weigh down US stocks in midday trading
8/20/2015Energy stocks "a good value" despite lower oil: S&P Capital ...
8/19/2015Crude Oil Price Plunges After Huge Inventory Increase
8/18/2015A Key Tool For Energy Investors
8/17/2015Bear Market: Crude Oil Prices Hit March 2009 Lows
8/16/2015Are Big Oil’s Dividends Sustainable?
8/14/2015Chevron’s 2Q15 Earnings Fall 90%
8/12/2015Judge OKs $5 million deal ending suit over Arkansas oil leak
8/12/2015Judge approves Exxon Mobil settlement over 2013 Arkansas spi...
8/12/2015Why Downstream Earnings Were ExxonMobil’s ‘Rainmaker’ in 2Q1...
8/12/2015Crude Oil Prices Fall More than 4% on Pessimistic Sentiments
8/12/2015What Factors Affected ExxonMobil’s Upstream Earnings in 2Q15...
8/11/2015Big Bottom For Big Oil?
8/11/2015S&P 500 Index Futures Give Back All Of Monday's Gains
8/11/2015Why Did ExxonMobil’s 2Q15 Earnings Fall Short of Expectation...
8/11/2015Did ExxonMobil’s 2Q15 Revenues and Earnings Provide Any Reli...
8/11/2015Oil & Gas Stock Roundup: Crude Extends Slide, Icahn Bets on ...
8/10/2015US stocks climb as oil rebounds; Precision Castparts jumps
8/10/2015ExxonMobil (XOM) to Boost Processing Capacity at Beaumont
8/6/2015ExxonMobil Signs Agreements to Increase Position in Permian ...
8/6/201511:01 am Exxon Mobil has executed two agreements to obtain h...
8/6/2015Are Commodity Producers a Bargain at These Valuations?
8/5/2015Who are the stock market heavyweights?
8/4/2015Exxon pipeline reversal moving Texas crude to Louisiana
7/9/2015Environmental groups, Lesniak to argue against Exxon deal
7/9/2015Stock Market News for July 09, 2015 - Market News
7/8/2015ExxonMobil Slips to 52-Week Low; Crude Prices Play Foul - An...
7/8/2015Crude Oil Price Dives After Inventory Posts Surprise Rise
7/8/2015Why You Should Short Public Oil Companies
7/7/2015Egypt signs energy import deals with Russia's Rosneft
7/7/2015Venezuela recalls ambassador to Guyana amid territory disput...
7/6/2015Is Russia Ready To Make A Comeback?
7/3/2015Offshore Rig Count Rises, Helped by Steady Crude Oil Prices
6/23/2015Oil & Gas Stock Roundup: Williams Snubs $48B Takeover Bid - ...
6/23/2015Offshore Rig Count Fell: Pressured by Weak Crude Oil Prices
6/22/2015S&P 500 Index Futures Trading Higher On Hopes Of Greek Bailo...
6/19/2015Venezuela sees 2016 ruling on bid to annul $1.6 bln award to...
6/19/2015ExxonMobil Inks Sale & Purchase Agreement with PBF Energy - ...
6/19/2015SandRidge’s Proved Reserves in 1Q15: More Than Meets the Eye
6/17/2015Jet Capital Investors Betting Against Exxon Mobil Corporatio...
6/2/2015Apple Stretches Lead Over Global Giants
5/22/2015Merrill Lynch Raises Energy Outlook: 4 Top Oil Stocks to Buy...
5/19/2015Federal CIOs Look to Reduce IT Costs with Help from Private ...
5/19/2015Bigger Than The Bakken - Energy Companies Setting Their Sigh...
5/15/20155 Big Oil Stocks to Buy for the Rest of 2015
5/1/2015Exxon edges out Apple as top S&P 500 dividend payer
4/23/2015AQR Capital Nearly Halves its Holdings in EOG Resources
4/23/2015BHP Billiton Delivers: Petroleum Production Up 6%
4/23/201523 Apr 2015 Cape awarded 5 year contract with ExxonMobil
4/23/2015US Offshore Rig Count Is 50% Off Record Highs
4/22/2015Exxon Mobil firms to pay nearly $5M for Arkansas oil spill
4/22/2015How The Majors Are Playing The Oil Price Slump
4/22/2015Exxon Urges U.S Congress To Soften LNG Export Laws
4/22/2015Oil Prices Won’t Recover Anytime Soon Says Exxon CEO
4/22/2015CERAWEEK-U.S. fracking costs falling fast, may keep fields i...
4/22/2015US Rig Count for Week Ended April 17: Lowest in Nearly Six Y...
4/18/2015Apple Is the Most Profitable Company of 2014
4/17/2015ExxonMobil and Employees Donate More Than $1.4 Million to Ca...
4/17/2015ExxonMobil and Employees Donate $857,000 to Colorado College...
4/17/2015ExxonMobil and Employees Donate $854,000 to Kansas Colleges ...
4/17/2015ExxonMobil and Employees Donate More Than $1.1 Million to Il...
4/17/2015ExxonMobil and Employees Donate $2.6 Million to Louisiana Co...
4/17/2015ExxonMobil and Employees Donate $1.1 Million to New Jersey C...
4/17/2015ExxonMobil and Employees Donate $909,000 to Ohio Colleges an...
4/17/2015ExxonMobil and Employees Donate $3.4 Million to New York Col...
4/17/2015ExxonMobil and Employees Donate more than $1.4 million to Ok...
4/17/2015ExxonMobil and Employees Donate $3.8 Million to Pennsylvania...
4/17/2015ExxonMobil and Employees Donate $10 million to Texas College...
4/17/2015ExxonMobil and Employees Donate More Than $1.3 Million to Vi...
4/13/2015Small Cap On Its Way To Be Argentinian Shales Great Success ...
4/13/20151 Exxon Chart To See Before Buying In
4/12/2015Saudi Arabia's Plan to Extend the Age of Oil
4/12/2015Shell Betting Its Future On LNG
4/8/2015ExxonMobil keen to join oil M&A party
4/8/2015The world's biggest oil companies might be getting even bigg...
4/8/2015Shell seeking to buy BG in first oil super-merger in over a ...
4/8/2015Shell in Talks to Buy BG Group -- At A Glance
4/7/20155 years after BP spill, industry touts ability to respond
4/7/2015Determining New Jersey Exxon cleanup costs could take years
4/7/2015How the Dow Jones industrial average fared Tuesday
4/7/2015The Zacks Analyst Blog Highlights: Exxon Mobil, Aircastle, V...
4/6/2015US stock indexes gain in quiet trading; oil price surges
4/1/2015The Zacks Analyst Blog Highlights: Exxon Mobil, Whiting Petr...
4/1/2015Bill passed limiting state entity in alternate gas plan
3/31/2015US STOCKS-Wall St drops but S&P, Nasdaq register quarterly g...
3/31/2015IBM to invest $3 billion in 'Internet of Things' unit
3/31/2015How the Dow Jones industrial average fared Tuesday
3/17/2015Exxon CEO to Visit Moscow: Is Big Oil Trying to Patch Up? - ...
3/17/2015Oil & Gas Stock Roundup: Chevron Targets $15B of Asset Sales...
3/17/2015Hedge Funds’ Favorite Dividend Aristocrats
3/17/2015Earnings Forecasts Take a Downturn
3/17/2015N.J. lawmakers urge judge to reject $225 million Exxon settl...
3/16/2015New Jersey Senate rejects $225M Exxon Mobil settlement
3/16/2015How the Dow Jones industrial average fared Monday
3/16/2015Are Exxon Mobil Shares Bottoming Out?
3/16/2015A Buying Opportunity in a Favored Dividend ETF
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
NYSE (XOM)LSE (EXX.L)
115.16-0.72%4,280.920
US$ 115.16
09/20 16:44 -0.840
-0.72%
Prev close Open
116.00 115.46
Low High
114.25 115.51
Year l/h YTD var.
96.80 -  122.20 12.50%
52 week l/h 52 week var.
96.80 -  122.20 -1.07%
Volume 1 month var.
10,592,141 0.506%
24hGold TrendPower© : 40
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202415.18%99.80100.42
2023-9.36%99.86100.13
202280.26%99.99100.18
202148.45%66.3841.00
2020-41.02%71.3731.11
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
error

 

 

THE REQUESTED URL IS UNCORRECT

Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !