The Biggest Energy Companies in the World Ranked by Revenue per Second

The world is reliant on fossil fuels and renewable energy to function, which in turn makes the energy industry a very lucrative business worth billions of dollars. What we wanted to know was how much the largest energy companies earned in 2021, right down to the second. To find the answer, we (the Solar Power Guide team) analyzed the 300 biggest energy companies in the world to see which ones earned the most revenue for the year. We used the companies’ trailing 12 months (TTM) revenue, which includes the past 12 consecutive months of a company’s performance data and does not necessarily coincide with the fiscal year. Each company’s trailing 12 months revenue was divided by the number of seconds in a year, 31,536,000, to find the revenue that was earned every second. Read on to see the huge amounts of money that the world’s biggest energy companies earned in 2021.

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Which Energy Company Earned the Most Revenue per Second?

The energy company that earned the most revenue per second in 2021 was PetroChina, earning an impressive $11,888 every second. The company earned a total revenue (TTM) of $374.91 billion between the start and end of 2021, the most of all 300 of the largest energy companies. This oil giant shared that their profits rose nearly fivefold in 2021 as they saw their net income increase 395%. PetroChina is China’s largest oil and natural gas producer.

The 10 Energy Companies That Earned the Most Revenue per Second in 2021

  1. PetroChina: $11,888
  2. Sinopec: $11,187
  3. Saudi Aramco: $10,418
  4. ExxonMobil: $7,646
  5. Shell: $6,983
  6. Total Energies: $5,817
  7. BP: $4,819
  8. Chevron: $4,268
  9. Gazprom: $3,787
  10. Lukoil: $3,427

What Is the Biggest Energy Company in the World?

The biggest energy company in the world by market capitalization is Saudi Aramco, which is valued at $1.965 trillion. The total dollar market value of a company’s outstanding shares of stock is its market capitalization. This figure is used by the investment community to determine the size of a company, rather than its assets or sales for the year.

The 10 Largest Energy Companies by Market Cap

  1. Saudi Aramco: $1.965 trillion
  2. ExxonMobil: $316.2 billion
  3. Chevron: $258.02 billion
  4. Shell: $194.66 billion
  5. TotalEnergies: $150.75 billion
  6. Nextera Energy: $142.52 billion
  7. PetroChina: $142.42 billion
  8. ConocoPhillips: $116.52 billion
  9. BP: $103.88 billion
  10. Gazprom: $99.44 billion

How do the ten largest energy companies by market cap compare to the ten energy companies that earned the most revenue per second? Eight of the ten largest energy companies were also in the top ten when it came to revenue earned per second; Nextera Energies and ConocoPhillips were the only two of the ten biggest companies to not be in both top ten lists. Saudi Aramco may be the biggest energy company in the world, but they ranked third when it came to revenue. PetroChina is the seventh largest energy company but was found to have earned the highest revenue in 2021.

The 30 Energy Companies That Earned the Most Revenue per Second in 2021

 

 Company Country Revenue in 2021 (TTM) in Billions Revenue per Second in 2021

1

PetroChina

China

$374.91

$11,888

2

Sinopec

China

$352.80

$11,187

3

Saudi Aramco

Saudi Arabia

$328.53

$10,418

4

ExxonMobil

USA

$241.12

$7,646

5

Shell

Netherlands

$220.21

$6,983

6

Total Energies

France

$183.45

$5,817

7

BP

UK

$151.97

$4,819

8

Chevron

USA

$134.58

$4,268

9

Gazprom

Russia

$119.44

$3,787

10

Lukoil

Russia

$108.06

$3,427

11

Rosneft

Russia

$104.08

$3,300

12

Phillips 66

USA

$95.28

$3,021

13

Enel

Italy

$86.68

$2,749

14

ENEOS Holdings

Japan

$78.92

$2,503

15

E.ON

Germany

$74.47

$2,361

16

Petrobras

Brazil

$73.84

$2,341

17

Equinor

Norway

$69.41

$2,201

18

Indian Oil

India

$62.24

$1,974

19

Energy Transfer Partners

USA

$58.14

$1,844

20

Oil and Natural Gas Corporation

India

$51.63

$1,637

21

Korea Electric Power

South Korea

$49.82

$1,580

22

Repsol

Spain

$48.48

$1,537

23

Idemitsu Kosan

Japan

$47.27

$1,499

24

Iberdrola

Spain

$41.81

$1,326

25

Enterprise Products

USA

$36.48

$1,157

26

ConocoPhillips

USA

$36.19

$1,148

27

Hindustan Petroleum

India

$35.43

$1,123

28

Enbridge

Canada

$34.78

$1,103

29

SK Innovation

South Korea

$33.75

$1,070

30

Siemens Energy

Germany

$32.27

$1,023

 

Written and designed by Joe Robertson