5 Biggest Natural Resources Companies in the World

2. Exxon Mobil Corporation (NYSE:XOM)

Market Capitalization: $455B

The importance and influence of Exxon Mobil Corporation (NYSE:XOM) could be gauged from the fact that the company accounts for 2% of the world’s energy and 3% of the planet’s oil demands. Earlier this month, Exxon Mobil Corporation (NYSE:XOM) warned investors that it expected to post weak profits in Q4 as lower energy prices dented its business. Exxon Mobil Corporation (NYSE:XOM) said it expects that the total impact of lower natural gas prices would be between $2 billion to $2.3 billion. Exxon Mobil Corporation (NYSE:XOM), however, said the losses because of the lower crude oil prices were partially offset by $1.3 billion-$1.5 billion in upstream mark-to-market derivative gains.

Oil and gas companies are currently feeling some pressure amid warmer-than-expected winters, which are keeping energy demand lower than expected.