HomeUnited StatesRankingsUS Oil & Gas Companies Ranked by Revenue 2026 — ExxonMobil to $399bn
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Largest US Oil & Gas Companies by Revenue 2026

ExxonMobil ($399bn), Chevron ($236bn), Phillips 66 ($176bn), Valero ($177bn) — complete ranking of the 20 largest US energy companies with SEC revenue data.

12 companies · Total revenue: $1601.9bn · FY 2023

1
ExxonMobil Corporation
$398.7bn
Oil & Gas
Irving, TX
XOM
2
Chevron Corporation
$235.7bn
Oil & Gas
San Ramon, CA
CVX
3
Marathon Petroleum Corp.
$180bn
Oil Refining
Findlay, OH
MPC
1
ExxonMobil Corporation
Oil & GasIrving, TXXOM
$398.7bn
Revenue FY23
2
Chevron Corporation
Oil & GasSan Ramon, CACVX
$235.7bn
Revenue FY23
3
Marathon Petroleum Corp.
Oil RefiningFindlay, OHMPC
$180bn
Revenue FY23
4
Valero Energy Corporation
Oil RefiningSan Antonio, TXVLO
$177bn
Revenue FY23
5
Phillips 66
Oil Refining & GasHouston, TXPSX
$175.7bn
Revenue FY23
6
Koch Industries Inc.
Energy & Manufacturing (private)Wichita, KS
$125bn
Revenue FY23
7
Tesla Inc.
Electric Vehicles & EnergyAustin, TXTSLA
$96.8bn
Revenue FY23
8
General Electric Company
Industrial & EnergyBoston, MAGE
$72bn
Revenue FY23
9
ConocoPhillips
Oil & GasHouston, TXCOP
$55.6bn
Revenue FY23
10
Schlumberger (SLB)
Oilfield ServicesHouston, TXSLB
$33.1bn
Revenue FY23
11
Occidental Petroleum Corp.
Oil & GasHouston, TXOXY
$29.3bn
Revenue FY23
12
Halliburton Company
Oilfield ServicesHouston, TXHAL
$23bn
Revenue FY23

Source: Fortune 500 2023, SEC EDGAR annual filings (10-K), company earnings reports. Revenue figures are consolidated annual revenues for fiscal year 2023. Private company revenues are estimates.

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About US Oil & Gas Revenue Rankings

The United States is the world's largest oil producer, with the sector generating over $1.5 trillion in combined annual revenue. ExxonMobil leads at $399 billion, followed by Chevron ($236bn), Marathon Petroleum ($180bn), Phillips 66 ($176bn) and Valero Energy ($177bn). Together, these five companies represent nearly 70% of US energy sector revenues.

SYNTA-IQ aggregates SEC EDGAR 10-K filings, annual reports and earnings data to provide verified revenue figures. The oil & gas sector includes integrated majors (ExxonMobil, Chevron), refiners (Phillips 66, Valero, Marathon), and oilfield services companies (Halliburton, Schlumberger). ConocoPhillips and Occidental Petroleum round out the top 10 pure-play exploration companies.

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