Platts Top 250 Global Energy Company Rankings™ measures financial performance by examining each company’s assets, revenue, profits and return on invested capital. All ranked companies have assets greater than (US) $3 billion. The underlying data comes from Capital IQ, a Standard & Poor’s business (like Platts, a division of The McGraw-Hill Companies).
The 2010 rankings, which are based on financial reports from 2009, provide a relative picture of which energy industry sectors proved most resilient to the cataclysmic events of the past two to three years.
Reigning supreme at the top of the rankings for the sixth consecutive year is US major ExxonMobil. Despite being fifth in terms of asset value, ExxonMobil came second in terms of both revenues and profits. Platts rankings are based on a combination of assets, revenues, profits and return on capital invested for listed companies with over $2 billion in assets. While ExxonMobil’s European gas production declined, the coming on stream of its giant LNG production facilities in Qatar have helped it retain a strong grip on European markets.
Second in the running is the now troubled UK major BP, which improved its position from fourth in the rankings in 2008. This reflects a strong performance in 2009 relative to its peers.
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