Top Companies by Operating Income in Energy
Largest public companies ranked by operating income in Energy on a trailing twelve months basis. Compare top issuers, sector peers and historical context on…
How TTM operating income is measured
Trailing twelve months (TTM) operating income — also called operating profit or EBIT — is revenue minus cost of goods sold and minus operating expenses (SG&A, R&D, depreciation), summed across the most recent four fiscal quarters. It measures what the core business earns before interest and taxes, before any financing decisions distort the result.
Operating income sits between gross profit (which strips only direct costs) and net income (which subtracts interest and taxes too). Compared to EBITDA, it includes depreciation and amortization, so capex-heavy and asset-light businesses are not treated equally. Figures are sourced from the latest filed income statements and ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeEnergyChange sectorChange sector
Top companies by Operating Income — Energy
- Exxon Mobil
XOM
- Sector
- Energy
- Operating Income
- $33.94B
- As of
- Chevron
CVX
- Sector
- Energy
- Operating Income
- $16.67B
- As of
- Sector
- Energy
- Operating Income
- $11.49B
- As of
- Sector
- Energy
- Operating Income
- $9.44B
- As of
- Sector
- Energy
- Operating Income
- $7.93B
- As of
- Enbridge
ENB
- Sector
- Energy
- Operating Income
- $7.82B
- As of
- ONEOK
OKE
- Sector
- Energy
- Operating Income
- $6.97B
- As of
- Sector
- Energy
- Operating Income
- $5.77B
- As of
- SLB
SLB
- Sector
- Energy
- Operating Income
- $5.19B
- As of
- Sector
- Energy
- Operating Income
- $5.01B
- As of
- Sector
- Energy
- Operating Income
- $4.92B
- As of
- EQT
EQT
- Sector
- Energy
- Operating Income
- $4.69B
- As of
- Sector
- Energy
- Operating Income
- $4.40B
- As of
- Sector
- Energy
- Operating Income
- $4.08B
- As of
- Sector
- Energy
- Operating Income
- $4.08B
- As of
- Baker Hughes
BKR
- Sector
- Energy
- Operating Income
- $3.61B
- As of
- Targa Resources
TRGP
- Sector
- Energy
- Operating Income
- $3.45B
- As of
- Phillips 66
PSX
- Sector
- Energy
- Operating Income
- $3.32B
- As of
- Devon Energy
DVN
- Sector
- Energy
- Operating Income
- $3.29B
- As of
- Sector
- Energy
- Operating Income
- $3.18B
- As of
- APA
APA
- Sector
- Energy
- Operating Income
- $2.76B
- As of
- Halliburton
HAL
- Sector
- Energy
- Operating Income
- $2.51B
- As of
- Coterra Energy
CTRA
- Sector
- Energy
- Operating Income
- $2.16B
- As of
- First Solar
FSLR
- Sector
- Energy
- Operating Income
- $1.60B
- As of
- Sector
- Energy
- Operating Income
- $1.00B
- As of
- Sector
- Energy
- Operating Income
- $592.16M
- As of
- Enphase Energy
ENPH
- Sector
- Energy
- Operating Income
- $95.32M
- As of
- Sector
- Energy
- Operating Income
- -$10.92M
- As of
- Sunrun
RUN
- Sector
- Energy
- Operating Income
- -$128.23M
- As of
| # | Company | Sector | Operating Income | As of |
|---|---|---|---|---|
| 1 | Exxon Mobil (XOM) | Energy | $33.94B | |
| 2 | Chevron (CVX) | Energy | $16.67B | |
| 3 | ConocoPhillips (COP) | Energy | $11.49B | |
| 4 | Energy Transfer LP (ET) | Energy | $9.44B | |
| 5 | EOG Resources (EOG) | Energy | $7.93B | |
| 6 | Enbridge (ENB) | Energy | $7.82B | |
| 7 | ONEOK (OKE) | Energy | $6.97B | |
| 8 | Marathon Petroleum (MPC) | Energy | $5.77B | |
| 9 | SLB (SLB) | Energy | $5.19B | |
| 10 | Kinder Morgan (KMI) | Energy | $5.01B | |
| 11 | Diamondback Energy (FANG) | Energy | $4.92B | |
| 12 | EQT (EQT) | Energy | $4.69B | |
| 13 | Williams Companies (WMB) | Energy | $4.40B | |
| 14 | Occidental Petroleum (OXY) | Energy | $4.08B | |
| 15 | Expand Energy (EXE) | Energy | $4.08B | |
| 16 | Baker Hughes (BKR) | Energy | $3.61B | |
| 17 | Targa Resources (TRGP) | Energy | $3.45B | |
| 18 | Phillips 66 (PSX) | Energy | $3.32B | |
| 19 | Devon Energy (DVN) | Energy | $3.29B | |
| 20 | Valero Energy (VLO) | Energy | $3.18B | |
| 21 | APA (APA) | Energy | $2.76B | |
| 22 | Halliburton (HAL) | Energy | $2.51B | |
| 23 | Coterra Energy (CTRA) | Energy | $2.16B | |
| 24 | First Solar (FSLR) | Energy | $1.60B | |
| 25 | National Fuel Gas (NFG) | Energy | $1.00B | |
| 26 | Texas Pacific Land (TPL) | Energy | $592.16M | |
| 27 | Enphase Energy (ENPH) | Energy | $95.32M | |
| 28 | NACCO Industries (NC) | Energy | -$10.92M | |
| 29 | Sunrun (RUN) | Energy | -$128.23M |