The Top 25 Global Energy Companies by Platts

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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 Financial 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:

[TABLE=236]

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:

  1. The US oil giant ExxonMobil(XOM) retained the number one rank for 5th year in a row.
  2. Last year’s $100+ crude oil prices helped Integrated Oil and Gas (IOG) companies dominate the Top 13 of the 250 spots this year.
  3. IOGs also took 30 of the top 20 places.
  4. China’s PetroChina (PTR) and Brazil’s Petrobras (PBR) are in the Top 10 list underscoring the growing importance of Brazil and China.
  5. EnCana(ECA) of Canada made it to the top 25 list.
  6. More Latin American companies are in the Top 50 list with state-owned Colombia’s Ecopetrol (ECO) ranked at number 30. For more details on this Colombian ADR in NYSE go here.
  7. Brazil’s Petrobras(PBR) jumped to 6th from 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

Platts: Asia’s 20 Fastest Growing Energy Companies

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Platts, the highly respected energy consulting company, released its Platts Top 250 Global Energy Company Rankings for 2009 this week. One of the sub-sector of this ranking is the Fastest Growing Energy Companies in Asia.

The Top 20 Fastest Growing Energy Companies in Asia:

Fastest-Growing-Asia-Energy-Companies

Note:
IOG – Integrated Oil & Gas
DU – Diversified Utility
E&P – Exploration & Production
EU – Electric Utility
R &M – Refining & Marketing
C&CF – Coal and Consumable Fuels
GU – Gas Utility
ST – Storage & Transfer
IPP – Independent Power Producer

Source: Platts

Some of the large Asian oil companies in this list are China’s PetroChina (PTR) , S-Oil Corp of South Korea, CNOOC Ltd (CEO) of Hong Kong and Bharat Petroleum Corp of India.

The Platts report noted:

“Asian companies made up more than 20% of the 50 fastest growing companies list, and also took 30% of the top 10 places in the Refining & Marketing category. Reliance Industries and Indian Oil Corporation were first and second, with TonenGeneral Sekiyu of Japan third.”

In the Global Top 250 list, the presence of Asian companies has risen by about 15% in the last two years.

Knowledge is Power:World’s Top 100 Mining Stocks, China Property Bubble Edition

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Big property bubble forming in China, warns leading developer
A large bubble is forming in China’s property market as a result of Beijing’s credit-driven stimulus programme, one of the country’s most prominent real estate developers warned.

With the odd exceptions here (Japan, Korea) and there (Turkey, Ireland), most country stock markets are trading at or close to 12-month highs, as reflected in the buoyant levels of leading indices such as the MSCI world equities USD index, the Dow Jones Industrial, DJ Stoxx 600, and even China’s CSI 300, which experienced a sharp series of corrections just months ago. Look where the money’s going now – world’s top 100 mining stocks

TORONTO – Canadian Finance Minister Jim Flaherty on Friday vowed to resist big, new spending measures. Shaky Canada still needs stimulus, Flaherty says

Profits of China’s state-owned enterprises administered by the central government more than doubled in October from a year ago after months of declines, a senior official said in Beijing on Friday.Profits of China’s central SOEs more than doubled in Oct.

European Central Bank’s Jean-Claude Trichet warned that banks risk becoming addicted to cheap cash.Time for banks to wean themselves off cheap money, ECB president says

Sharemarket rally based on recovery that is not yet assured
A TRADING update that Brambles issued for the first four months of its June financial year this week went to the heart of the uncertainty about whether the stellar sharemarket rally since March this year is over, or poised for more gains: as Wall Street and sharemarkets around the world including Australia’s fell yesterday, the question, still, was whether investors have priced in a recovery in economic activity and earnings that was not yet assured.

The UK’s public sector net borrowing reached £11.42bn last month, official figures have shown.Rise in public sector borrowing

Lyon-Lighting

Source: Lyon’s Festival of Lights – Dazzling Orgy of Colors

Top 3 Singapore Banks by Assets

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The Top 3 Singapore banks based on Assets held as of Dec, 2008 are listed below:

[TABLE=235]

Source: BankScope

DBS Group Holdings (OTC:DBSDY) is the largest bank in Singapore by assets followed by United Overseas Bank (OTC:UOVEY). DBSDY has 3.84% dividend yield and UOVEY pays a 1.99% yield as of market close today.

Some of the other large banks in the country are Overseas Union Bank Limited,
Post Bank of Singapore and Keppel Bank of Singapore. As one of the world’s top financial centers many of the world’s top financial institutions have branches there as well.

32 U.S. Regional Banks from the Dividend Achievers Index

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The US Broad Dividend Achievers Index published by Mergent consists of 283 well established companies with consistent dividend payments in various sectors. Many of the financial stocks that performed poorly last year were eliminated from the index back in January during the annual reconstitution of the index. Currently 32 banks are represented in this index under the state commercial banks category.

Dividend Achievers share the following criteria:

  • Must have increased annual regular dividends for at least the last 10 consecutive years
  • Must meet specific liquidity screening criteria
  • Must have strong cash reserves, solid balance sheets and a proven record of
    consistent earnings growth
  • Must be listed on the NYSE, AMEX or NASDAQ

The 32 strong dividend-paying U.S. banks in the Broad Dividend Achievers Index are listed below with their current dividend yield:

[TABLE=234]

The highest dividend payer in the list is United Bankshares, Inc. (UBSI) with a 6.92% yield and the lowest dividend payer is State Street Corp.(STT) with 0.10%. Bank of Hawaii Corp (BOH) is a top regional bank and survived the credit crisis better than its peers.