![]() In 2022, U.S.-based Chevron had a daily liquids production volume of roughly 1.7 million barrels. Five of the 10 most valuable oil and gas companies were supermajors. In June 2023, ExxonMobil was also considered the top oil and gas company based on market capitalization. ![]() dollars lower than ExxonMobil’s net profits that year. Shell’s net income rose back to over 42 billion U.S. Conglomerate Shell, which combined its separate Dutch and British shares in early 2022 and also changed its name from the previous Royal Dutch Shell, was the second-most profitable Big Oil entity. dollars in 2022 – the highest value since 2014. For example, the revenue of ExxonMobil rose to 413.7 billion U.S. ![]() All companies notably improved their financial performance in 20, as oil prices recovered from their pandemic-induced slump. dollars in the 2022 fiscal year, with U.S.-based ExxonMobil spearheading the group. Oil supermajors recover from 2020 pandemic lowīig Oil generated a combined revenue of over 1.68 trillion U.S.
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