1
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
458.38 Bn
232.00
-0.53%
+49.41%
22.18
2.12
428.73 Bn
2
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
304.15 Bn
106.91
-1.16%
+41.58%
12.83
1.85
241.93 Bn
3
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
206.96 Bn
93.79
+1.06%
+50.38%
18.15
1.76
84.72 Bn
4
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
172.00 Bn
82.02
-0.11%
-4.66%
14.75
5.95
158.35 Bn
5
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
153.14 Bn
50.53
-1.54%
+45.33%
—
—
—
6
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
144.87 Bn
22.48
-14.07%
+89.54%
—
—
—
7
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
120.29 Bn
48.11
-1.43%
+97.50%
15.46
1.08
38.53 Bn
8
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
114.69 Bn
55.10
+0.05%
+74.92%
14.23
3.42
111.45 Bn
9
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
95.30 Bn
60.57
-2.43%
+63.44%
17.42
0.92
35.00 Bn
10
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
94.86 Bn
79.48
+0.16%
+98.50%
7.05
-26.79
82.19 Bn
11
ET
2nd
The 'All Other Segment' specifically includes revenue generated from oil and gas royalty earnings.
Energy Transfer
Oil and Gas Royalties
70.97 Bn
20.61
+0.83%
+21.88%
14.05
0.66
64.41 Bn
12
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
62.49 Bn
33.18
+1.00%
+93.81%
16.52
1.76
51.36 Bn
13
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
58.11 Bn
207.13
+0.67%
+43.44%
39.79
3.41
57.47 Bn
14
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
56.79 Bn
51.63
+0.49%
+56.79%
14.75
2.37
48.38 Bn
15
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
44.49 Bn
230.76
+0.90%
+25.43%
30.72
19.29
42.06 Bn
16
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
44.35 Bn
23.33
-1.35%
+44.73%
—
—
30.36 Bn
17
PR
Permian Resources is an independent exploration and production company that generates revenue from the sale of crude oil, natural gas liquids, and natural gas produced from its own wells in the Permian Basin. The profile explicitly describes its core business as the acquisition, optimization, and development of oil and natural gas properties.
Permian Resources
Oil and Gas Exploration and Production
21.58 Bn
25.76
+1.02%
+104.77%
17.56
3.78
21.12 Bn
18
YPF
YPF operates a fully integrated oil and gas chain, combining upstream exploration and production in Vaca Muerta with midstream transportation and downstream refining and marketing. Its revenue is diversified across crude oil and gas production, refined product sales, and LNG services.
Ypf Sociedad Anonima
Integrated Oil and Gas
19.37 Bn
49.24
-2.82%
+47.60%
0.01
0.00
13.02 Bn
19
APA
APA Corporation is an independent energy company that explores for, develops, and produces crude oil, natural gas, and natural gas liquids. Its revenue is generated primarily from the sale of these produced hydrocarbons to entities like the Egyptian General Petroleum Corporation (EGPC), refiners, and integrated oil companies.
Apa
Oil and Gas Exploration and Production
18.10 Bn
51.66
-0.46%
+121.34%
10.90
2.12
16.56 Bn
20
SSL
Sasol is an integrated energy and chemicals company that operates across the full value chain, including coal mining, natural gas production, synthetic fuel plants (Secunda), and the Natref refinery. It sells liquid fuels to wholesalers and retailers while simultaneously producing a wide array of chemicals.
Sasol
Integrated Oil and Gas
11.39 Bn
17.42
-3.33%
+171.76%
15.28
0.71
41.07 Mn
21
VIST
Vista Energy is an independent company focused on shale oil exploration and production in Argentina's Vaca Muerta formation. Its primary revenue is derived from the sale of produced crude oil, natural gas, and natural gas liquids.
Vista Energy, S.A.B. de C.V
Oil and Gas Exploration and Production
7.62 Bn
73.04
-2.39%
+53.77%
8.91
2.13
5.42 Bn
22
MTDR
Matador Resources is primarily an independent energy company focused on the exploration, development, and production of oil and natural gas in the Delaware Basin and Haynesville shale. Its core revenue is generated from the sale of produced crude oil, natural gas, and natural gas liquids.
Matador Resources
Oil and Gas Exploration and Production
7.45 Bn
60.12
+0.23%
+52.47%
10.36
1.92
7.41 Bn
23
MUR
Murphy Oil is a pure-play exploration and production company that generates revenue from the sale of crude oil, natural gas, and natural gas liquids. It operates onshore and offshore properties in the US, Canada, and internationally, focusing on extracting hydrocarbons from reserves such as the Eagle Ford Shale and deepwater fields.
Murphy Oil
Oil and Gas Exploration and Production
6.34 Bn
44.23
-0.27%
+54.17%
21.41
2.10
4.63 Bn
24
BTE
Baytex Energy is primarily engaged in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. Its revenue is generated from the sale of produced hydrocarbons, including heavy crude oil from the Peace River and Lloydminster segments and tight oil and gas from the Duvernay and Viking segments.
Baytex Energy
Oil and Gas Exploration and Production
4.23 Bn
5.53
+0.73%
+138.36%
-8.28
2.44
2.50 Bn
25
PAM
Pampa Energía is described as an integrated energy company that participates across the full gas value chain, including production, processing, and transportation. It generates revenue from natural gas production and transportation services delivered to industrial, commercial, and residential users.
Pampa Energy
Integrated Oil and Gas
4.16 Bn
76.54
-3.58%
-1.23%
6.56
0.07
-1.83 Tn