The Platts Top 250 Global Energy Company Rankings for 2009 was released by Platts this week. This is the eighth year that Platts has published the rankings.
The factors used to select these top energy performers are:
- Asset worth
- Revenues
- Profits
- Return on Invested Capital (ROIC)
Rankings are based are data from Standard & Poor’s Compustat.
The Top 25 Global Energy Companies for 2009 by Platts are:
| Rank | Company | Ticker | Country |
|---|---|---|---|
| 1 | Exxon Mobil Corp | XOM | US |
| 2 | Chevron Corp | CVX | US |
| 3 | Royal Dutch Shell | RDS.A,RDS.B | The Netherlands, UK |
| 4 | BP | BP | US |
| 5 | Total SA | TOT | France |
| 6 | Petrobras Brasileiro | PBR | Brazil |
| 7 | Rosneft Oil | Russia | |
| 8 | Gazprom Oao | OGZPY.PK | Russia |
| 9 | PetroChina Co | PTR | China |
| 10 | ENI Spa | E | Italy |
| 11 | Statoil Hydro | STO | Norway |
| 12 | Lukoil | LUKOY.PK | Russia |
| 13 | TNK-BP | Russia | |
| 14 | RWE AG | RWEOY.PK | Germany |
| 15 | Occidental Petroleum | OXY | US |
| 16 | EnCana Corp | ECA | Canada |
| 17 | BG Group plc | BRGXF.PK | UK |
| 18 | Electricite De France | ECIFF.PK | France |
| 19 | Enel Spa | EN | Italy |
| 20 | Marathon Oil | MRO | US |
| 21 | CNOOC Ltd | CEO | China |
| 22 | Repsol YPF | REP | Spain |
| 23 | China Petroleum | SNP | China |
| 24 | Gazprom Neft | GZPFY | Russia |
| 25 | Reliance Industries | India |
For the full listing of 250 companies, go here.
On the roller coaster oil prices, Platts noted:
“The past two years have been some of the most momentous in the history of the oil markets. A frantic commodities bubble redefined record oil prices and sent crude oil soaring to over $147 per barrel (/b) in July 2008. Oil products skyrocketed as well, boosted by unprecedented demand from China in the run-up to the Olympics. The oil price spikes were followed by freefall, caused by the global recession and a demand vacuum. Crude oil futures dipped below $40/b in December 2008 before rebounding from mid-February back up to over $70/b later in the year, despite continuing recession in the OECD countries.”
Some observations on this year’s global rankings:
- The US oil giant ExxonMobil (XOM) retained the number one ranking for the 5th year in a row.
- Last year’s $100+ crude oil prices helped Integrated Oil and Gas (IOG) companies dominate the top 13 of 250 spots this year.
- IOGs also took 3 of the top 20 places.
- China’s PetroChina (PTR) and Brazil’s Petrobras (PBR) are in the top 10 underscoring the growing importance of Brazil and China.
- EnCana (ECA) of Canada made it to the top 25.
- More Latin American companies are in the top 50 with state-owned Colombia’s Ecopetrol (ECO) ranked at number 30. For more details on this Colombian ADR on the NYSE, go here.
- Brazil’s Petrobras (PBR) jumped to 6th from the 12th rank in 2008 due to “additions to its reserves resulting from its giant pre-salt layer oil finds.”
Related post: The Top Ten Energy Companies of the World 2008
