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| Rank | Company Name | Market Capital | Headquarters Country |
| 1 | Saudi Aramco | $2.208 T | Saudi Arabia |
| 2 | Exxon Mobil | $335.17 B | United States |
| 3 | Chevron | $291.58 B | United States |
| 4 | Shell | $205.20 B | Netherlands |
| 5 | PetroChina | $158.18 B | China |
| 6 | Nextera Energy | $151.99 B | United States |
| 7 | TotalEnergies | $129.20 B | France |
| 8 | ConocoPhillips | $126.00 B | United States |
| 9 | Equinor | $108.71 B | Norway |
| 10 | BP | $96.61 B | United Kingdom |
| 11 | Petrobras | $95.74 B | Brazil |
| 12 | Enbridge | $87.89 B | Canada |
| 13 | LG Energy Solution | $82.52 B | South Korea |
| 14 | Duke Energy | $76.80 B | United States |
| 15 | Sinopec | $75.98 B | China |
| 16 | Enel | $70.12 B | Italy |
| 17 | Southern Company | $67.96 B | United States |
| 18 | LONGi Green Energy Technology | $67.51 B | China |
| 19 | Iberdrola | $67.05 B | Spain |
| 20 | Canadian Natural Resources | $65.89 B | Canada |
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