Top 5 Most Profitable Energy Companies in the World

In this piece, we will take a look at the top five most profitable energy companies in the world. For a detailed look at the energy industry, head on over to Top 20 Most Profitable Energy Companies in the World.

5. Equinor ASA (NYSE:EQNR)

Latest 12 Month Revenue Estimate: $28.7 billion

Equinor ASA (NYSE:EQNR) is a Norwegian oil and gas giant. A large portion of its ownership is held by the government. Equinor ASA (NYSE:EQNR) has operations in Brazil, the Gulf of Mexico, and Norway. It was set up in 1972 and is headquartered in Stavanger, Norway.

Insider Monkey’s survey covering 943 hedge funds for their March quarter of 2023 shareholdings found that 21 had held a stake in the firm. Equinor ASA (NYSE:EQNR)’s largest investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital with a $258 million stake.