Tag oil earning
Here are some of the top oil and gas companies by earnings:
Top 10 Oil and Gas Companies by Earnings (2020)
- ExxonMobil - $23.3 billion
- Royal Dutch Shell - $20.4 billion
- Chevron - $14.8 billion
- BP - $13.4 billion
- ConocoPhillips - $12.4 billion
- Total - $11.8 billion
- Eni - $10.4 billion
- Occidental Petroleum - $9.4 billion
- Valero Energy - $8.8 billion
- Marathon Petroleum - $8.4 billion
Note: These figures are based on the companies' annual reports and may not reflect the current market situation.
Other notable oil and gas companies by earnings:
- Sinopec - $8.2 billion
- China National Petroleum Corporation (CNPC) - $7.8 billion
- Lukoil - $7.4 billion
- Statoil - $6.8 billion
- Anadarko Petroleum - $6.4 billion
Earnings by Segment:
- Upstream (Exploration and Production): Companies like ExxonMobil, Royal Dutch Shell, and Chevron generate most of their earnings from upstream operations.
- Downstream (Refining and Marketing): Companies like Valero Energy, Marathon Petroleum, and Lukoil generate most of their earnings from downstream operations.
- Integrated: Companies like ExxonMobil, Royal Dutch Shell, and Total generate earnings from both upstream and downstream operations.
Please note that these figures are subject to change and may not reflect the current market situation.