In this article, we are going to look at the 5 most valuable oil companies in the world. If you want to read more about the top oil companies in the world and check out our detailed analysis of the oil sector, you can go to 25 Most Valuable Oil Companies in the World.
5. PetroChina Company Limited (SHA:601857)
Market Capitalization: $203.44 Billion
PetroChina Company Limited (SHA:601857) is a Chinese oil and gas company that ranks among the top 5 most valuable oil companies in the world. It is Asia’s largest oil and gas company. PetroChina Company Limited (SHA:601857) has a market capitalization of $203.44 billion as of February 9, 2024.
4. Shell plc (NYSE:SHEL)
Market Capitalization: $206.72 Billion
Shell plc (NYSE:SHEL) is a British multinational oil and gas company. Headquartered in London, the company specializes in the exploration, production, refining, and marketing of oil and natural gas. As of February 9, 2024, Shell plc (NYSE:SHEL) has a market capitalization of $206.72 billion. It is one of the most valuable oil companies in the world.
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3. Chevron Corporation (NYSE:CVX)
Market Capitalization: $279.57 Billion
Chevron Corporation (NYSE:CVX) is an American multinational energy corporation that mainly specializes in oil and gas. With a market capitalization of $279.57 billion as of February 9, 2024, it ranks among the top 3 on our list of the most valuable oil companies in the world. Chevron Corporation (NYSE:CVX) manufactures and offers a variety of high-quality refined products, including gasoline, diesel, premium base oil, marine and aviation fuels, finished lubricants, and fuel oil additives.
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2. Exxon Mobil Corporation (NYSE:XOM)
Market Capitalization: $404.13 Billion
Exxon Mobil Corporation (NYSE:XOM) is an American multinational oil and gas corporation that ranks second on our list of most valuable oil companies in the world in 2024. As one of the world’s largest oil and gas companies, it is vertically integrated across the entire oil and gas industry. As of February 9, 2024, Exxon Mobil Corporation (NYSE:XOM) has a market capitalization of $404.13 billion.
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1. Saudi Arabian Oil Company (TADAWUL:2222)
Market Capitalization: $1.98 Trillion
Saudi Arabian Oil Company (TADAWUL:2222), also known as Saudi Aramco, tops our list of the 25 most valuable oil companies in the world. It is a state-owned petroleum and natural gas company and the national oil company of Saudi Arabia. Saudi Arabian Oil Company (TADAWUL:2222) has a market capitalization of $1.98 trillion as of February 9, 2024.
You can also take a look at 20 Countries That Produce the Most Oil In The World and 15 Best Auto Insurance Companies Heading into 2024.
