Top 10 Best Oil Companies to work for | oil price

Oil remains a dominant energy source in the world, fueled by giant oil companies that fuel billions of barrels of petroleum products daily into energy-hungry economies. All this despite growing public concerns about climate change and measures to reduce the use of carbon-based fuels such as petroleum. True, oil prices have suffered from extreme volatility due to the COVID-19 pandemic and heightened trade tensions. But many of the world's major oil companies still generated significant revenues. Below we take a look at the top 10 oil companies in terms of 12-month rolling revenue (TTM). While Chinese and American companies make up half of the 10 companies, the main players are also from Saudi Arabia, Europe, and Russia. This list is limited to companies listed on the stock exchange in the United States or Canada, either directly or through ADR. Some foreign companies may produce semi-annual reports and therefore may have longer deadlines.

China Petroleum & Chemical Corp. (SNP)

1 China Petroleum & Chemical Corp. (SNP)

• Revenue (TTM): $ 355.8 billion
• Net Profit (TTM): $ 486.6 million
• Market capitalization: $ 53.9 billion
• Total rolling return over one year: -19.9%
• Stock Exchange: New York Stock Exchange

China Petroleum & Chemical is a producer and distributor of a variety of petrochemical and petroleum products. The company's products include gasoline, diesel, kerosene, synthetic rubbers and resins, jet fuel, and chemical fertilizers, among other related offerings. Also known as Sinopec, China Petroleum & Chemical is one of the largest oil, gas, and petrochemical refining companies in the world.

PetroChina Co. Ltd. (PTR)

2 PetroChina Co. Ltd. (PTR)

• Revenue (TTM): $ 320.0 billion
• Net Profit (TTM): - $ 1.8 billion
• Market capitalization: $ 59.5 billion
• Total rolling return over one year: -33.0%
• Stock Exchange: New York Stock Exchange

Oil and gas company PetroChina is engaged in the exploration, development, production, and sale of petroleum products. The company's main products include crude oil, petrochemicals, and their derivatives. PetroChina is the publicly traded subsidiary of Chinese state-owned China National Petroleum Corporation and is one of the largest oil and gas producers in operation today.

Saudi Arabian Oil Co. (Saudi Aramco)

3 Saudi Arabian Oil Co. (Saudi Aramco)

• Revenue (TTM): $ 286.9 billion
• Net Income (TTM): $ 64.5 billion
• Market capitalization: $ 1.9 trillion
• Total rolling return over one year: 1.4%
• Exchange: Tadawul

Saudi Aramco, which went public in 2019, is one of the world's largest companies across all industries, as well as one of the world's largest oil companies by revenue. This company is unusual in this list in that its shares do not trade in the United States. While Investopedia wouldn't normally include unlisted shares in the United States, Saudi Aramco is such a big player in the oil industry that a list of the biggest oil companies doesn't make sense without including it.

Royal Dutch Shell PLC (RDS.A)

4 Royal Dutch Shell PLC (RDS.A)

• Revenue (TTM): $ 263.1 billion
• Net income (TTM): - $ 11.3 billion
• Market capitalization: $ 109.4 billion
• Total rolling return over one year: -46.8%
• Stock Exchange: New York Stock Exchange

Based in the Netherlands, Royal Dutch Shell explores, produces, and refines oil through its subsidiaries. In addition to operating gas stations around the world, Shell produces and sells fuels, lubricants, and other chemicals. 

BP PLC (BP)

5 BP PLC (BP)

• Revenue (TTM): $ 230.7 billion
• Net Profit (TTM): - $ 21.9 billion
• Market capitalization: $ 68.1 billion
• Total rolling return over one year: -42.2%
• Stock Exchange: New York Stock Exchange

British oil company BP is involved in the exploration, production, and supply of petroleum and petrochemicals. The company refines and sells petroleum products, including chemicals such as acetic acid, ethylene, polyethylene, and terephthalic acid. BP also produces solar power for sale.

Exxon Mobil Corp. (XOM)

6 Exxon Mobil Corp. (XOM)

• Revenue (TTM): $ 213.9 billion
• Net Income (TTM): $ 7.2 billion
• Market capitalization: $ 161.4 billion
• Total rolling return over one year: -42.5%
• Stock Exchange: New York Stock Exchange

Exxon Mobil is a global petroleum and petrochemicals company. The company explores, produces, trades, transports, and sells oil and natural gas. It is also involved in the production of electricity through coal and mineral operations. Among the many products sold by Exxon Mobil are fuels, lubricants, and other chemicals derived from petroleum. After Saudi Aramco, Exxon Mobil is the second-largest oil company in the world by market value even though Exxon Mobil is more than 10 times smaller than the Saudi company.

Total SE (TOT)

7 Total SE (TOT)

• Revenue (TTM): $ 146.1 billion
• Net Profit (TTM): $ 2.9 billion
• Market capitalization: $ 99.9 billion
• Total rolling return over one year: -19.5%
• Stock Exchange: New York Stock Exchange

Total, headquartered in France, explores and produces crude oil, natural gas, and low-carbon electricity. Total also refines and manufactures petrochemicals. The company owns and operates gas stations throughout Europe, the United States, and Africa. Like most of its major competitors, Total is an integrated energy company that engages in all aspects of the oil and gas business, from exploration to sale. 

Chevron Corp. (CLC)

8 Chevron Corp. (CLC)

• Revenue (TTM): $ 115.0 billion
• Net Profit (TTM): - $ 8.7 billion
• Market capitalization: $ 147.5 billion
• Total rolling return over one year: -29.8%
• Stock Exchange: New York Stock Exchange

Chevron is an integrated oil company whose primary business activities are both upstream and downstream. The upstream division is involved in the exploration and production of petroleum and natural gas, while the downstream operations cover refining, transportation and marketing. Chevron is also involved in chemical and mining operations as well as non-energy activities such as technology development.

Marathon Petroleum Corp. (MPC)

9 Marathon Petroleum Corp. (MPC)

• Revenue (TTM): $ 102.4 billion
• Net Profit (TTM): - $ 7.7 billion
• Market capitalization: $ 21.0 billion
• Total rolling return over one year: -35.2%
• Stock Exchange: New York Stock Exchange

Marathon is a crude oil refining company. Serving customers across the United States, the company refines, supplies, transports and sells petroleum products. Marathon is the tenant or owner of thousands of kilometers of oil pipelines and has owned the Speedway chain of gas stations. In early August, Marathon agreed to sell Speedway and its 4,000 outlets to Japanese Seven & I Holdings, for $ 21 billion. The Japanese retailer owns 7 Eleven.

PJSC Lukoil (LUKOY)

10 PJSC Lukoil (LUKOY)

• Revenue (TTM): $ 99.1 billion
• Net Income (TTM): $ 3.9 billion
• Market capitalization: $ 40.3 billion
• Total rolling return over one year: -18.9%
• Exchange: OTC

Russian oil and gas company Lukoil conducts exploration, production, refining, transportation, and marketing of petroleum products primarily in the Siberian region. The company distributes petroleum and petroleum through an extensive network of pipelines and by ship, serving customers in Russia and the United States.