5 Biggest Energy Companies in the US

4. ConocoPhillips (NYSE:COP)

Market Capitalization as of December 23, 2022: $145.8 billion

ConocoPhillips (NYSE:COP) is a diversified oil company that is involved in nearly every part of the supply chain, from exploration to production, transportation, and marketing. The firm is headquartered in Houston, Texas.

Taking advantage of the European energy crisis that has seen the continent shift away to non Russian gas and LNG, ConocoPhillips (NYSE:COP) announced in November 2022 that it had entered into a 15 year contract to provide Germany with LNG.

64 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought ConocoPhillips (NYSE:COP)’s shares.

ConocoPhillips (NYSE:COP)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 6.9 million shares that are worth $708 million.

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