Top 5 Integrated Oil & Gas Companies in North America in 2021 by Reserves
Exxon Mobil Corp, Chevron Corp, Petroleos Mexicanos, Cenovus Energy Inc, and Suncor Energy Inc are the top 5 integrated oil & gas companies in North America in 2021 by reserves. Collectively, the top 5 integrated oil & gas companies in North America had reserves of 42,288 MMboe, where Exxon Mobil Corp was the highest (15,212 MMboe) while Suncor Energy Inc stood lowest (4,317 MMboe). In aggregate, they generated revenue of $544,901 million with average revenue growth of 116.1%. In terms of the geographical split, 2 out of 5 top integrated oil & gas companies are based in the United States of America, while 2 are based in Canada and 1 company is based in Mexico. They employed a total of 252,354 people in 2021. The United States of America-based Exxon Mobil Corp is the leading integrated oil & gas company in North America by reserves. The company reported revenues of $276,692 million for the fiscal year ended December 2021 (FY2021), an increase of 54.9% over FY2020, due to strong packaging demand, disruptions in industry supply, and higher production volumes. The company is an integrated oil and gas company that discovers, explores, develops, and produces crude oil, natural gas, and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades, and sells petroleum products; and manufactures lube base stocks and finished lubricants. The company employs 63,000 people. Petroleos Mexicanos (PEMEX) is another leading integrated oil & gas company in North America by reserves. PEMEX, is an integrated energy company, with operations in oil and gas exploration and production, refining, petrochemicals, distribution, and retail marketing. It exports approximately 50% of its crude production to various countries. The company operates through eight reportable business segments, Exploration and Production, Industrial Transformation, Drilling and Services, Logistics, Ethylene, International Trading, and Corporate and Other Subsidiaries. As of FY2021, the company had more than 25 subsidiaries.