Top Energy Stocks by Revenue
Top energy companies ranked by revenue, latest annual filings.
What Revenue Means for Energy Companies
Revenue in energy is largely the product of two variables a company does not fully control: volumes produced or refined, and the commodity prices realized on those barrels, cubic feet, or refined products. That makes the top line unusually volatile compared with most other sectors. Integrated majors, pure-play producers, midstream pipelines, and oilfield services all book revenue differently, and each stream responds to the commodity cycle on its own timing.
Why It Matters in Energy
Revenue reflects both operational scale and commodity exposure, and in strong price environments energy firms generate outsized cash flow that can fund exploration, dividends, and buybacks. Still, revenue moves with prices that firms cannot set, so a boom year often owes more to the cycle than to management skill. Reading revenue alongside production volumes and realized pricing separates genuine operational progress from the tailwind of higher benchmarks.
What to Read Alongside
Pair revenue with Free Cash Flow to gauge cycle resilience net of drilling spend, Capex for reinvestment intensity into reserves, and Debt since leverage behavior through the commodity cycle is what defines survival.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | XOM | ExxonMobil Holdings Corporation | Energy | $332.24B | $672.46B |
| 2 | SHEL | Shell plc | Energy | $266.89B | $269.99B |
| 3 | TTE | TotalEnergies SE | Energy | $201.20B | $200.62B |
| 4 | BP | BP p.l.c. | Energy | $192.55B | $114.81B |
| 5 | CVX | Chevron Corporation | Energy | $189.03B | $415.02B |
| 6 | MPC | Marathon Petroleum Corporation | Energy | $132.70B | $119.32B |
| 7 | PSX | Phillips 66 | Energy | $132.38B | $108.98B |
| 8 | VLO | Valero Energy Corporation | Energy | $122.69B | $118.99B |
| 9 | EQNR | Equinor ASA | Energy | $106.46B | $100.74B |
| 10 | PBR | Petróleo Brasileiro S.A. - Petrobras | Energy | $89.19B | $134.04B |
| 11 | ET | Energy Transfer LP | Energy | $85.54B | $72.79B |
| 12 | COP | ConocoPhillips | Energy | $58.94B | $158.37B |
| 13 | EPD | Enterprise Products Partners L.P. | Energy | $52.60B | $83.08B |
| 14 | PAA | Plains All American Pipeline, L.P. | Energy | $44.26B | $17.63B |
| 15 | PAGP | Plains GP Holdings, L.P. | Energy | $44.26B | $5.48B |
| 16 | SLB | SLB N.V. | Energy | $35.71B | $75.86B |
| 17 | OKE | ONEOK, Inc. | Energy | $33.63B | $58.92B |
| 18 | PBF | PBF Energy Inc. | Energy | $29.33B | $9.15B |
| 19 | BKR | Baker Hughes Company | Energy | $27.73B | $56.15B |
| 20 | DINO | HF Sinclair Corporation | Energy | $26.87B | $20.61B |
| 21 | SUN | Sunoco LP | Energy | $25.20B | $14.67B |
| 22 | SUNC | SunocoCorp LLC | Energy | $25.20B | $4.19B |
| 23 | EOG | EOG Resources, Inc. | Energy | $22.63B | $75.65B |
| 24 | HAL | Halliburton Company | Energy | $22.18B | $28.03B |
| 25 | OXY | Occidental Petroleum Corporation | Energy | $21.59B | $58.82B |
| 26 | LNG | Cheniere Energy, Inc. | Energy | $19.98B | $55.42B |
| 27 | GLP | Global Partners LP | Energy | $18.56B | $1.66B |
| 28 | YPF | YPF Sociedad Anónima | Energy | $18.45B | $21.55B |
| 29 | DVN | Devon Energy Corporation | Energy | $17.19B | $53.47B |
| 30 | TRGP | Targa Resources Corp. | Energy | $17.03B | $62.65B |
| 31 | KMI | Kinder Morgan, Inc. | Energy | $16.94B | $70.90B |
| 32 | FANG | Diamondback Energy, Inc. | Energy | $15.03B | $53.88B |
| 33 | VG | Venture Global, Inc. | Energy | $13.77B | $35.05B |
| 34 | MPLX | MPLX LP | Energy | $13.00B | $60.26B |
| 35 | WDS | Woodside Energy Group Ltd | Energy | $12.98B | $44.05B |
| 36 | EXE | Expand Energy Corporation | Energy | $12.12B | $20.25B |
| 37 | TS | Tenaris S.A. | Energy | $11.98B | $28.40B |
| 38 | WMB | The Williams Companies, Inc. | Energy | $11.95B | $88.13B |
| 39 | CQP | Cheniere Energy Partners, L.P. | Energy | $10.76B | $31.40B |
| 40 | DK | Delek US Holdings, Inc. | Energy | $10.72B | $4.78B |
| 41 | FTI | TechnipFMC plc | Energy | $9.93B | $28.24B |
| 42 | IEP | Icahn Enterprises L.P. | Energy | $9.66B | $4.96B |
| 43 | OVV | Ovintiv Inc. | Energy | $8.91B | $17.25B |
| 44 | NOV | NOV Inc. | Energy | $8.74B | $7.15B |
| 45 | EQT | EQT Corporation | Energy | $8.64B | $31.49B |
| 46 | CTRA | Coterra Energy Inc. | Energy | $7.64B | $24.72B |
| 47 | PARR | Par Pacific Holdings, Inc. | Energy | $7.46B | $4.23B |
| 48 | CVI | CVR Energy, Inc. | Energy | $7.16B | $5.40B |
| 49 | AR | Antero Resources Corporation | Energy | $5.28B | $10.72B |
| 50 | CIVI | Civitas Resources, Inc. | Energy | $5.21B | $2.34B |
| 51 | PR | Permian Resources Corporation | Energy | $5.07B | $19.06B |
| 52 | WFRD | Weatherford International plc | Energy | $4.92B | $5.87B |
| 53 | CHRD | Chord Energy Corporation | Energy | $4.88B | $7.90B |
| 54 | PTEN | Patterson-UTI Energy, Inc. | Energy | $4.83B | $4.49B |
| 55 | CNR | Core Natural Resources, Inc. | Energy | $4.16B | $4.52B |
| 56 | LBRT | Liberty Energy Inc. | Energy | $4.01B | $3.15B |
| 57 | RIG | Transocean Ltd. | Energy | $3.96B | $6.30B |
| 58 | BTU | Peabody Energy Corporation | Energy | $3.86B | $3.07B |
| 59 | WES | Western Midstream Partners, LP | Energy | $3.84B | $19.54B |
| 60 | HP | Helmerich & Payne, Inc. | Energy | $3.75B | $4.09B |
| 61 | MTDR | Matador Resources Company | Energy | $3.70B | $7.03B |
| 62 | CRC | California Resources Corporation | Energy | $3.67B | $4.80B |
| 63 | CAPL | CrossAmerica Partners LP | Energy | $3.66B | $0.84B |
| 64 | CRGY | Crescent Energy Company | Energy | $3.58B | $4.59B |
| 65 | NE | Noble Corporation plc | Energy | $3.29B | $7.07B |
| 66 | NBR | Nabors Industries Ltd. | Energy | $3.18B | $1.30B |
| 67 | NGL | NGL Energy Partners LP | Energy | $3.16B | $2.00B |
| 68 | SM | SM Energy Company | Energy | $3.15B | $8.79B |
| 69 | RRC | Range Resources Corporation | Energy | $3.12B | $8.98B |
| 70 | MRC | MRC Global Inc. | Energy | $3.01B | $1.17B |
| 71 | OII | Oceaneering International, Inc. | Energy | $2.78B | $4.61B |
| 72 | MUR | Murphy Oil Corporation | Energy | $2.72B | $5.36B |
| 73 | EFXT | Enerflex Ltd. | Energy | $2.57B | $2.78B |
| 74 | NOG | Northern Oil and Gas, Inc. | Energy | $2.48B | $2.67B |
| 75 | VIST | Vista Energy, S.A.B. de C.V. | Energy | $2.47B | $7.99B |
| 76 | VAL | Valaris Limited | Energy | $2.37B | $5.82B |
| 77 | NFG | National Fuel Gas Company | Energy | $2.28B | $7.69B |
| 78 | CNX | CNX Resources Corporation | Energy | $2.24B | $4.87B |
| 79 | CRK | Comstock Resources, Inc. | Energy | $2.22B | $3.77B |
| 80 | ARLP | Alliance Resource Partners, L.P. | Energy | $2.19B | $3.33B |
| 81 | SOBO | South Bow Corporation | Energy | $1.99B | $7.48B |
| 82 | FRO | Frontline plc | Energy | $1.97B | $11.45B |
| 83 | VTLE | Vital Energy, Inc. | Energy | $1.95B | $0.69B |
| 84 | ACDC | ProFrac Holding Corp. | Energy | $1.94B | $0.94B |
| 85 | DEC | Diversified Energy Company | Energy | $1.83B | $0.97B |
| 86 | TALO | Talos Energy Inc. | Energy | $1.78B | $2.84B |
| 87 | KNTK | Kinetik Holdings Inc. | Energy | $1.76B | $4.30B |
| 88 | CMBT | Cmb.Tech NV | Energy | $1.67B | $5.89B |
| 89 | GEL | Genesis Energy, L.P. | Energy | $1.63B | $1.79B |
| 90 | RES | RPC, Inc. | Energy | $1.63B | $1.30B |
| 91 | HESM | Hess Midstream LP | Energy | $1.62B | $5.15B |
| 92 | XPRO | Expro Ltd | Energy | $1.61B | $1.85B |
| 93 | VTOL | Bristow Group Inc. | Energy | $1.49B | $1.24B |
| 94 | AROC | Archrock, Inc. | Energy | $1.49B | $5.53B |
| 95 | SDRL | Seadrill Limited | Energy | $1.44B | $2.97B |
| 96 | GPOR | Gulfport Energy Corporation | Energy | $1.42B | $2.82B |
| 97 | WTTR | Select Water Solutions, Inc. | Energy | $1.41B | $2.68B |
| 98 | VNOM | Viper Energy, Inc. | Energy | $1.40B | $8.22B |
| 99 | TDW | Tidewater Inc. | Energy | $1.35B | $4.31B |
| 100 | TRMD | TORM plc | Energy | $1.34B | $3.92B |
No companies match this search.
How this ranking is built
Companies are ranked by revenue 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.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- 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.