In this article we are going to list the 5 biggest oil companies in USA. For a detailed coverage of this topic and a more comprehensive list please head on over to the 15 biggest oil companies in USA.
5. ConocoPhillips (NYSE:COP)
Total revenue of the company in 2019 (in millions of dollars): 36,670
Total profits of the company in 2019 (in millions of dollars): 7,189
Total assets of the company in 2019 (in millions of dollars): 70,514
Total employees of the company in 2019: 10,400
ConocoPhillips was founded 146 years ago back in 1875. It is currently, like many of the biggest oil companies in USA, headquartered in Texas, in the city of Houston. It is responsible for the biggest oil reserve discovery of 2020, with between 75.5 million to 201 million barrels of oil discovered. In 2019, the company was producing around 1,348 thousand barrels of oil daily and is also considered to be one of the biggest polluters in the world.
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4. Phillips 66 (NYSE:PSX)
Total revenue of the company in 2019 (in millions of dollars): 109,559
Total profits of the company in 2019 (in millions of dollars): 3,076
Total assets of the company in 2019 (in millions of dollars): 58,720
Total employees of the company in 2019: 14,500
Phillips 66 was founded 94 years ago in 1927 and is currently headquartered in Houston, Texas. The company has activities in at least 65 countries across the world, and is one of the few companies in the world to have revenues of more than $100 billion.
3. Marathon Petroleum (NYSE:MPC)
Total revenue of the company in 2019 (in millions of dollars): 124,813
Total profits of the company in 2019 (in millions of dollars): 2,637
Total assets of the company in 2019 (in millions of dollars): 98,556
Total employees of the company in 2019: 60,910
Marathon Petroleum used to be a subsidiary of Marathon Oil, before becoming a spin-off back in 2011. The company is currently headquartered in Ohio and has at least 6,900 retail outlets which are independently owned as well as 1,100 direct dealer locations.
2. Chevron (NYSE:CVX)
Total revenue of the company in 2019 (in millions of dollars): 146,516
Total profits of the company in 2019 (in millions of dollars): 2,924
Total assets of the company in 2019 (in millions of dollars): 237,428
Total employees of the company in 2019: 48,200
Founded 141 years ago, Chevron is currently 141 years old and one of the most recognizable oil companies in the world, maintaining a presence in more than 180 countries as well as being involved in every aspect of the oil industry.
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1. Exxon Mobil (NYSE:XOM)
Total revenue of the company in 2019 (in millions of dollars): 264,938
Total profits of the company in 2019 (in millions of dollars): 14,340
Total assets of the company in 2019 (in millions of dollars): 362,597
Total employees of the company in 2019: 74,900
The direct descendant of Standard Oil, the largest oil company in US history, Exxon Mobil currently easily tops the rank of the biggest oil companies in USA. Exxon Mobil is headquartered in the biggest oil producing state in America, Texas , and by revenue, is the second biggest company in the United States. The company is also responsible for one of the biggest oil spills in history because of the 1989 Exxon Valdez oil spill.
See also: 11 largest oil reserves by country in the world in 2021 and 12 Easiest Oilfield Jobs With No Experience
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