Top Energy Cash-Rich Stocks
Top energy companies ranked by cash & equivalents, latest annual filings.
What Cash Reserves Mean for Energy Companies
Cash and equivalents captures the liquid balances available for reinvestment, debt service, or capital return. In energy, the figure is strongly tied to the commodity cycle. Cash builds rapidly when oil and gas prices are elevated and drains through downcycles as realized pricing falls below break-even levels for higher-cost fields, so a balance read mid-cycle can be a poor guide to through-cycle financial flexibility.
Why Cash Isn't Always a Signal of Strength in Energy
Energy cash balances accumulate at commodity highs and are often deployed at the wrong time, funding buybacks and acquisitions near cycle peaks when share prices and asset valuations are elevated. Firms that preserve reserves through price spikes and deploy them during downturns have historically compounded per-share value more reliably. The absolute cash figure matters less than the capital-allocation discipline behind how it gets used.
What to Read Alongside
Pair cash reserves with [Long-term Debt](/financials/most-indebted-stocks/energy/) to derive the net cash position through commodity cycles, [Free Cash Flow](/financials/top-free-cash-flow-stocks/energy/) to judge generation capacity, and [CapEx](/financials/biggest-capex-stocks/energy/) to see reinvestment claims on accumulated balances.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | BP | BP p.l.c. | Energy | $36.56B | $101.28B |
| 2 | SHEL | Shell plc | Energy | $30.22B | $220.40B |
| 3 | TTE | TotalEnergies SE | Energy | $26.20B | $178.54B |
| 4 | XOM | Exxon Mobil Corporation | Energy | $10.68B | $579.17B |
| 5 | CVX | Chevron Corporation | Energy | $7.29B | $350.48B |
| 6 | COP | ConocoPhillips | Energy | $6.50B | $133.98B |
| 7 | PBR | Petróleo Brasileiro S.A. - Petrobras | Energy | $6.47B | $109.75B |
| 8 | WDS | Woodside Energy Group Ltd | Energy | $5.71B | $37.57B |
| 9 | EQNR | Equinor ASA | Energy | $5.04B | $81.29B |
| 10 | VLO | Valero Energy Corporation | Energy | $4.69B | $72.36B |
| 11 | BKR | Baker Hughes Company | Energy | $3.71B | $58.21B |
| 12 | MPC | Marathon Petroleum Corporation | Energy | $3.67B | $72.55B |
| 13 | EOG | EOG Resources, Inc. | Energy | $3.40B | $71.85B |
| 14 | SLB | SLB N.V. | Energy | $3.04B | $71.45B |
| 15 | HAL | Halliburton Company | Energy | $2.21B | $29.33B |
| 16 | MPLX | MPLX LP | Energy | $2.14B | $58.53B |
| 17 | OXY | Occidental Petroleum Corporation | Energy | $1.97B | $51.95B |
| 18 | LEU | Centrus Energy Corp. | Energy | $1.96B | $3.49B |
| 19 | NOV | NOV Inc. | Energy | $1.55B | $6.73B |
| 20 | IEP | Icahn Enterprises L.P. | Energy | $1.45B | $4.89B |
| 21 | DVN | Devon Energy Corporation | Energy | $1.38B | $50.05B |
| 22 | ET | Energy Transfer LP | Energy | $1.27B | $66.14B |
| 23 | GLNG | Golar LNG Limited | Energy | $1.15B | $5.21B |
| 24 | PSX | Phillips 66 | Energy | $1.12B | $68.30B |
| 25 | LNG | Cheniere Energy, Inc. | Energy | $1.10B | $49.08B |
| 26 | FTI | TechnipFMC plc | Energy | $1.03B | $26.37B |
| 27 | WFRD | Weatherford International plc | Energy | $0.99B | $6.43B |
| 28 | DINO | HF Sinclair Corporation | Energy | $0.98B | $11.84B |
| 29 | EPD | Enterprise Products Partners L.P. | Energy | $0.97B | $80.33B |
| 30 | TK | Teekay Corporation Ltd. | Energy | $0.94B | $1.08B |
| 31 | NBR | Nabors Industries Ltd. | Energy | $0.94B | $1.28B |
| 32 | YPF | YPF Sociedad Anónima | Energy | $0.93B | $18.84B |
| 33 | SUN | Sunoco LP | Energy | $0.89B | $12.29B |
| 34 | SUNC | SunocoCorp LLC | Energy | $0.89B | $3.36B |
| 35 | TNK | Teekay Tankers Ltd. | Energy | $0.83B | $2.74B |
| 36 | WES | Western Midstream Partners, LP | Energy | $0.82B | $17.98B |
| 37 | STNG | Scorpio Tankers Inc. | Energy | $0.75B | $4.07B |
| 38 | OII | Oceaneering International, Inc. | Energy | $0.69B | $3.62B |
| 39 | DK | Delek US Holdings, Inc. | Energy | $0.63B | $2.66B |
| 40 | RIG | Transocean Ltd. | Energy | $0.62B | $5.85B |
| 41 | EXE | Expand Energy Corporation | Energy | $0.62B | $21.23B |
| 42 | VAL | Valaris Limited | Energy | $0.60B | $5.44B |
| 43 | TDW | Tidewater Inc. | Energy | $0.58B | $3.30B |
| 44 | BTU | Peabody Energy Corporation | Energy | $0.58B | $2.95B |
| 45 | TS | Tenaris S.A. | Energy | $0.57B | $29.29B |
| 46 | SOBO | South Bow Corporation | Energy | $0.55B | $7.57B |
| 47 | VIST | Vista Energy, S.A.B. de C.V. | Energy | $0.54B | $7.43B |
| 48 | EE | Excelerate Energy, Inc. | Energy | $0.54B | $1.15B |
| 49 | PBF | PBF Energy Inc. | Energy | $0.53B | $4.81B |
| 50 | APA | APA Corporation | Energy | $0.52B | $12.10B |
| 51 | CVI | CVR Energy, Inc. | Energy | $0.51B | $2.73B |
| 52 | NE | Noble Corporation plc | Energy | $0.47B | $6.69B |
| 53 | UEC | Uranium Energy Corp. | Energy | $0.45B | $5.61B |
| 54 | FLNG | FLEX LNG Ltd. | Energy | $0.45B | $1.67B |
| 55 | HLX | Helix Energy Solutions Group, Inc. | Energy | $0.45B | $1.30B |
| 56 | CNR | Core Natural Resources, Inc. | Energy | $0.43B | $4.15B |
| 57 | PTEN | Patterson-UTI Energy, Inc. | Energy | $0.42B | $3.82B |
| 58 | BORR | Borr Drilling Limited | Energy | $0.38B | $1.31B |
| 59 | MUR | Murphy Oil Corporation | Energy | $0.38B | $5.16B |
| 60 | SM | SM Energy Company | Energy | $0.37B | $6.57B |
| 61 | TALO | Talos Energy Inc. | Energy | $0.36B | $2.33B |
| 62 | SEI | Solaris Energy Infrastructure, Inc. | Energy | $0.35B | $4.55B |
| 63 | SDRL | Seadrill Limited | Energy | $0.34B | $2.49B |
| 64 | PAGP | Plains GP Holdings, L.P. | Energy | $0.33B | $4.72B |
| 65 | PAA | Plains All American Pipeline, L.P. | Energy | $0.33B | $15.46B |
| 66 | LPG | Dorian LPG Ltd. | Energy | $0.33B | $1.74B |
| 67 | TEN | Tsakos Energy Navigation Limited | Energy | $0.29B | $1.24B |
| 68 | VTOL | Bristow Group Inc. | Energy | $0.29B | $1.26B |
| 69 | MGY | Magnolia Oil & Gas Corporation | Energy | $0.27B | $4.96B |
| 70 | FRO | Frontline plc | Energy | $0.25B | $9.55B |
| 71 | BKV | BKV Corporation | Energy | $0.25B | $2.79B |
| 72 | BWLP | BW LPG Limited | Energy | $0.24B | $2.90B |
| 73 | AR | Antero Resources Corporation | Energy | $0.21B | $10.70B |
| 74 | RES | RPC, Inc. | Energy | $0.21B | $1.43B |
| 75 | INVX | Innovex International, Inc. | Energy | $0.20B | $1.76B |
| 76 | HP | Helmerich & Payne, Inc. | Energy | $0.20B | $3.56B |
| 77 | XPRO | Expro Group Holdings N.V. | Energy | $0.20B | $1.52B |
| 78 | CHRD | Chord Energy Corporation | Energy | $0.19B | $7.01B |
| 79 | CQP | Cheniere Energy Partners, L.P. | Energy | $0.18B | $29.54B |
| 80 | AM | Antero Midstream Corporation | Energy | $0.18B | $10.55B |
| 81 | TRGP | Targa Resources Corp. | Energy | $0.17B | $57.68B |
| 82 | CLCO | Cool Company Ltd. | Energy | $0.17B | $0.51B |
| 83 | PARR | Par Pacific Holdings, Inc. | Energy | $0.16B | $2.54B |
| 84 | HPK | HighPeak Energy, Inc. | Energy | $0.16B | $0.91B |
| 85 | TRMD | TORM plc | Energy | $0.16B | $2.98B |
| 86 | NVGS | Navigator Holdings Ltd. | Energy | $0.15B | $1.38B |
| 87 | PR | Permian Resources Corporation | Energy | $0.15B | $16.06B |
| 88 | CMBT | Cmb.Tech NV | Energy | $0.15B | $4.63B |
| 89 | TPL | Texas Pacific Land Corporation | Energy | $0.14B | $25.51B |
| 90 | NEXT | NextDecade Corporation | Energy | $0.14B | $2.05B |
| 91 | CRC | California Resources Corporation | Energy | $0.13B | $4.70B |
| 92 | NESR | National Energy Services Reunited Corp. | Energy | $0.12B | $2.53B |
| 93 | URG | Ur-Energy Inc. | Energy | $0.12B | $0.56B |
| 94 | WHD | Cactus, Inc. | Energy | $0.12B | $3.67B |
| 95 | INSW | International Seaways, Inc. | Energy | $0.12B | $4.45B |
| 96 | CTRA | Coterra Energy Inc. | Energy | $0.11B | $24.72B |
| 97 | SD | SandRidge Energy, Inc. | Energy | $0.11B | $0.52B |
| 98 | EQT | EQT Corporation | Energy | $0.11B | $32.31B |
| 99 | FANG | Diamondback Energy, Inc. | Energy | $0.10B | $52.86B |
| 100 | GPRK | GeoPark Limited | Energy | $0.10B | $0.63B |
No companies match this search.
How this ranking is built
Companies are ranked by cash & equivalents as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.