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With 2017 in the books, it is a good time to see where the chips fell for the
world’s largest public oil and gas companies.
Here are the world’s 28 largest publicly traded producing oil and gas
companies as of early 2018.
The companies and rankings originally took form in Forbes’ latest Global
2000 list. And like our previous story by the same title, compiled and
written in early 2016, we kept the focus on companies with significant E&P
operations.
In other words, Forbes uses the “oil and gas operations” category within its
Global 2000 largest companies (market cap) as a larger, more inclusive
multi-industry category. Oil & Gas 360® seeks a list of companies who are
strongly dependent on exploration and production. So we intentionally left
off companies whose revenues come largely from power generation,
midstream oil and gas transportation, refining or petrochemical operations
or marketing of refined products. When we refer to a company as an oil
company, it means the company spends significant time, effort and
resources finding and producing oil and gas – its principal line of its
business.
Quick facts
USA is home to 25% of the largest public oil companies, 18% of the
group’s total production and 32% of the group’s total enterprise value
Russia is home to 14% of the largest companies, 31% of production
and 10 % of enterprise value
China is home to 11% of the largest companies, 11% of production and
15% of enterprise value
Canada is home to 11% of the largest companies, 4% of production
and 5% of enterprise value
Other countries around the world make up the remaining 39% of the
largest oil and gas companies, 36% of production and 38% of
enterprise value
Methodology
The data used to compile this year’s largest public oil and gas company list
was sourced from the Bloomberg Terminal, Q4/2017 year-end company
reports, EnerCom Analytics, oil company presentations and Forbes’
ranking data.
Detailed graphs
NOTE: The data presented in the graphs below references most recently
reported average daily production and other statistics generated by the
companies ranked in the accompanying story. Data by country is a
reference to the companies’ headquarters locations. Clicking on the image
will open it in a new tab/window, showing the full resolution.
Sources: Bloomberg Terminal, EnerCom Analytics and company
presentations