1
XOM
ExxonMobil operates across the full oil and gas value chain, combining upstream exploration and production with downstream refining and marketing. The company explicitly manages segments for Upstream (hydrocarbon extraction) and Energy Products (refining and supply of gasoline, diesel, and jet fuel).
ExxonMobil Holdings
Integrated Oil and Gas
674.05 Bn
165.24
-2.48%
+45.36%
16.90
1.73
644.76 Bn
2
CVX
Chevron operates across the full oil and gas value chain, combining upstream exploration and production with downstream refining and marketing. The profile explicitly describes its integrated operations across Upstream, Downstream, and Chemicals segments, competing with other integrated majors like ExxonMobil and Shell.
Chevron
Integrated Oil and Gas
418.62 Bn
212.99
-1.85%
+39.52%
15.43
1.78
383.18 Bn
3
SHEL
Shell is explicitly described as a global integrated energy company that operates across the full value chain, including exploration, production, refining, marketing, and trading. It manages distinct Upstream, Downstream, and Integrated Gas segments, which is the defining characteristic of an integrated oil and gas major.
Shell
Integrated Oil and Gas
284.86 Bn
100.13
-1.69%
+34.20%
9.83
1.72
151.98 Bn
4
TTE
TotalEnergies SE explicitly operates an integrated business model that links upstream, midstream, and downstream activities. The company generates revenue from the full value chain, including the sale of fuels, lubricants, and petrochemical products.
TotalEnergies SE
Integrated Oil and Gas
195.90 Bn
88.78
-1.80%
+45.56%
17.14
1.66
63.86 Bn
5
NEE
2nd
The NEER segment explicitly engages in natural gas and oil production, generating revenue from the production of these hydrocarbons.
Nextera Energy
Oil and Gas Exploration and Production
185.08 Bn
88.26
-0.20%
+7.45%
15.61
6.30
168.35 Bn
6
E
Eni SpA is explicitly described as an integrated energy company that operates across the full value chain, including exploration and production of hydrocarbons, refining crude oil, and marketing fuels and chemicals. It competes directly with other integrated majors like ExxonMobil and Shell.
Eni Spa
Integrated Oil and Gas
175.27 Bn
55.70
-1.43%
+52.60%
20.89
1.61
107.19 Bn
7
COP
ConocoPhillips is described as an independent exploration and production company that generates revenue primarily by finding, producing, and selling crude oil, natural gas, natural gas liquids, and bitumen. Its operations across segments like Alaska, Lower 48, and Canada focus on extracting hydrocarbons from unconventional shale plays and conventional fields.
Conocophillips
Oil and Gas Exploration and Production
162.77 Bn
135.49
-1.09%
+54.49%
17.83
2.54
138.24 Bn
8
BP
Bp is explicitly described as an integrated energy company operating across the full value chain, including upstream extraction of crude oil and natural gas, downstream refining into gasoline and diesel, and marketing to retail and wholesale customers.
Bp
Integrated Oil and Gas
135.48 Bn
44.70
-1.97%
+25.28%
—
—
—
9
PBR
Petrobras is an integrated energy company operating across the full hydrocarbon value chain, including exploration and production, refining, transportation, and marketing. It generates revenue from crude oil and gas production as well as the sale of refined products like gasoline, diesel, and jet fuel.
Petrobras - Petroleo Brasileiro
Integrated Oil and Gas
121.15 Bn
18.80
-4.08%
+54.86%
—
—
—
10
EQNR
Equinor is described as an integrated energy company that operates across the full value chain, including exploration, development, production, transportation, refining, and marketing of petroleum products. It generates revenue from crude oil and natural gas production as well as the transportation and processing of hydrocarbons.
Equinor Asa
Integrated Oil and Gas
106.21 Bn
42.48
-0.75%
+78.41%
9.82
0.90
21.72 Bn
11
CNQ
Canadian Natural is a senior independent energy company whose primary revenue comes from the exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations span conventional resources, oil sands mining, and offshore assets in Canada, the North Sea, and Africa.
Canadian Natural Resources
Oil and Gas Exploration and Production
101.79 Bn
48.90
-1.41%
+53.39%
21.17
2.64
95.29 Bn
12
PSX
Phillips 66 operates across the full downstream value chain, combining midstream transportation and storage, refining of crude oil into gasoline and diesel, and marketing of refined products. The profile explicitly describes it as an integrated downstream energy provider that links midstream logistics, refining, chemicals, and marketing.
Phillips 66
Integrated Oil and Gas
96.33 Bn
246.95
-4.89%
+81.67%
7.75
0.56
81.24 Bn
13
SU
Suncor is explicitly described as an integrated energy company operating across the full value chain, including oil sands exploration and production, upgrading bitumen to synthetic crude oil, refining, and marketing fuels through its Petro Canada network.
Suncor Energy
Integrated Oil and Gas
82.41 Bn
69.05
-4.23%
+67.52%
5.12
2.82
64.46 Bn
14
EOG
EOG Resources is an independent exploration and production company that generates its primary revenue from the sale of crude oil, condensate, natural gas liquids, and natural gas produced from its operated properties.
Eog Resources
Oil and Gas Exploration and Production
75.08 Bn
144.80
-1.53%
+37.66%
9.35
2.58
58.65 Bn
15
ET
2nd
The 'All Other Segment' specifically includes revenue generated from oil and gas royalty earnings.
Energy Transfer
Oil and Gas Royalties
66.13 Bn
19.20
-1.59%
+13.54%
12.45
0.52
60.93 Bn
16
IMO
Imperial Oil is explicitly described as one of Canada's largest integrated oil companies, operating across the full value chain including exploration, production, refining, distribution, and marketing. It generates revenue from upstream production of crude and gas, downstream refining and marketing under Esso and Mobil brands, and a dedicated Chemical segment.
Imperial Oil
Integrated Oil and Gas
59.33 Bn
125.69
-1.54%
+41.26%
13.68
1.48
54.24 Bn
17
OXY
Occidental Petroleum is an integrated energy company that operates across the full value chain, combining upstream exploration and production in the Permian Basin with midstream gathering and transportation, and downstream chemical manufacturing via OxyChem.
Occidental Petroleum
Integrated Oil and Gas
56.32 Bn
56.34
-1.71%
+41.74%
8.57
2.60
44.24 Bn
18
CVE
Cenovus Energy is explicitly described as an integrated energy company that operates across the full value chain, combining upstream exploration and production (Oil Sands, Conventional, and Offshore segments) with downstream refining and marketing (Canadian and U.S. Refining segments). It generates revenue from the sale of crude oil, natural gas, and refined petroleum products like gasoline and diesel.
Cenovus Energy
Integrated Oil and Gas
51.91 Bn
27.56
-2.92%
+66.32%
9.64
1.07
39.63 Bn
19
FANG
Diamondback Energy is an independent oil and natural gas company that focuses on the exploration, development, and production of hydrocarbons in the Permian Basin. Its primary revenue is generated from the sale of oil, natural gas, and natural gas liquids produced from its operated wells.
Diamondback Energy
Oil and Gas Exploration and Production
50.15 Bn
179.58
-1.80%
+30.80%
24.43
2.69
48.82 Bn
20
FNV
2nd
The company has a dedicated Energy segment that holds working interests and royalty arrangements in oil, natural gas, and natural gas liquids properties, receiving revenue from hydrocarbon production without operating the wells.
Franco Nevada
Oil and Gas Royalties
48.34 Bn
250.72
+3.50%
+33.56%
33.74
21.19
46.45 Bn
21
DVN
Devon Energy is an independent exploration and production company that generates revenue primarily from the sale of oil, natural gas, and natural gas liquids produced from its onshore U.S. properties in the Delaware Basin, Rockies, Eagle Ford, and Anadarko Basin.
Devon Energy
Oil and Gas Exploration and Production
47.12 Bn
42.84
-2.86%
+32.47%
12.06
1.94
39.56 Bn
22
WDS
Woodside operates an integrated business model spanning the value chain from reservoir to customer, combining upstream exploration and production with the processing and marketing of LNG and crude oil. The company manages the full cycle from identifying hydrocarbon reserves to selling the final products to global utilities and industrial users.
Woodside Energy
Integrated Oil and Gas
40.74 Bn
21.43
-0.46%
+30.83%
—
—
20.21 Bn
23
EQT
EQT is described as a vertically integrated natural gas company that operates across the full value chain, including upstream exploration and production, midstream gathering and transmission, and marketing to end users. It manages its own reserves, operates gathering and transmission pipelines, and sells the resulting natural gas and NGLs.
Eqt
Integrated Oil and Gas
31.67 Bn
50.62
-3.80%
-9.59%
11.66
3.31
30.33 Bn
24
EXE
Expand Energy is a leading independent natural gas producer that focuses on the acquisition of leasehold interests, drilling horizontal wells, and the production of natural gas, oil, and natural gas liquids. Its primary revenue is derived from the sale of these hydrocarbons extracted from its owned properties in the Haynesville, Bossier, Marcellus, and Utica shales.
Expand Energy
Oil and Gas Exploration and Production
19.71 Bn
85.34
-2.26%
-22.45%
7.12
1.41
15.98 Bn
25
TPL
2nd
The company holds approximately 224,000 net royalty acres and generates a primary portion of its revenue from oil and gas royalties without funding the drilling or operations of the wells.
Texas Pacific Land
Oil and Gas Royalties
18.78 Bn
272.32
-5.39%
-11.11%
32.01
19.43
17.80 Bn