5 Biggest Oil Companies in the World

4. Exxon Mobil Corporation (NYSE:XOM)

Trailing twelve month revenue as of Q3 2022: $386 billion

Revenue during 2021: $276 billion

Exxon Mobil Corporation (NYSE:XOM) is the world’s largest non government oil and gas company in terms of revenue. It is based in Irving, Texas.

Exxon Mobil Corporation (NYSE:XOM) plans to spend as much as $17 billion in low carbon projects until 2027. Out of this, $2 billion will be allocated to reducing its current carbon emissions, and the firm is also investing in producing bio-diesel.

By the end of this year’s third quarter, 75 of the 920 hedge funds polled by Insider Monkey had bought Exxon Mobil Corporation (NYSE:XOM)’s shares.

Exxon Mobil Corporation (NYSE:XOM)’s largest investor is Rajiv Jain’s GQG Partners which owns 33 million shares that are worth $2.9 billion.

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