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| Rank | Company Name | Market Capital | Headquarters Country |
| 1 | Saudi Aramco | $1.753 T | Saudi Arabia |
| 2 | Exxon Mobil | $532.82 B | United States |
| 3 | Chevron | $271.66 B | United States |
| 4 | PetroChina | $223.12 B | China |
| 5 | Shell | $206.77 B | United Kingdom |
| 6 | Nextera Energy | $175.25 B | United States |
| 7 | TotalEnergies | $149.78 B | France |
| 8 | CNOOC | $129.65 B | China |
| 9 | ConocoPhillips | $127.00 B | United States |
| 10 | China Shenhua Energy | $116.53 B | China |
| 11 | Sinopec | $110.54 B | China |
| 12 | Southern Company | $99.47 B | United States |
| 13 | Iberdrola | $98.06 B | Spain |
| 14 | ACWA POWER Company | $96.60 B | Saudi Arabia |
| 15 | Pretrobras | $89.83 B | Brazil |
| 16 | Duke Energy | $89.74 B | United States |
| 17 | Enbridge | $89.57 B | Canada |
| 18 | TAQA | $88.77 B | United Arab Emirates |
| 19 | BP | $85.10 B | United Kingdom |
| 20 | Constellation Energy | $83.05 B | United States |
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(updated on 2-Oct-2024)