Source: S&P Global | September 25, 2017
SINGAPORE (September 25, 2017) – The results of the 2017 S&P Global Platts Top 250 Global Energy Company Rankings® , now in its 16th year, show a two-pronged changing of the guard, the most profound in the Rankings history. First, Russia’s Gazprom snagged the number 1 spot, ending U.S. oil and gas giant ExxonMobil’s 12-year reign at the top of the list (ExxonMobil holding within the lead ten at 9th place).
And, second, integrated oil and gas (IOG) companies are not the biggest movers up, even as they continue to make a strong showing as they have since the Rankings were first published in 2002. Rather, utilities and pipeline companies were among the biggest gainers. In the coveted top 10, Asia-Pacific and Europe, Middle East and Africa (EMEA) tied, both with 4 representations each, while the Americas has only two of the elite spots.
The annual Top 250, published by S&P Global Platts, ranks companies based on financial performance using four key metrics: asset worth, revenues, profits, and return on invested capital. All companies on the list have assets greater than $5.5 billion.
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