The global energy consultancy PFC Energy has published the top 50 energy companies of the world for 2009 based on market cap. PetroChina (PTR), the integrated National Oil Company (NOC) of China is the highest ranked company with a market cap of $353 B. PetroChina beat last year’s winner of the top spot ExxonMobil(XOM) of the U.S.
Four emerging market firms made it to the top 10 ranking.These four firms are PetroChina & Sinopec of China, Gazprom of Russia and Petrobras of Brazil.
PFC Energry’s Top 50 Energy Companies for 2009:
[TABLE=359]
Note:
IOC – Integrated Oil Company
E&P – Exploration and Production
R&M – Refining and Marketing
Some of the key takeaways from the PFC Energy report are:
- The market caps of the 50 largest energy companies rose by 35% to $3.9T from $2.8T a year ago
- Petrobras and Rosneft more doubled their values from 2008
- The energy firms from worst hit countries in 2008 outperformed in 2009
- Russian giants Gazprom, Rosneft and Lukoil produced a combined 88% value gain
- Ecopetrol of Colombia is ranked at number 25
