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2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Largest energy companies by total assets

Total assets is everything the company owns at the balance-sheet date. Banks and insurers dominate this measure because customer deposits and policy reserves sit on their balance sheets. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 136 · Fiscal year 2025 · Data as of September 25, 2026

Shell (SHEL) tops the list with $370B in total assets for fiscal 2025, ahead of Chevron ($324B) and Totalenergies ($291B). The top 10 together report $2.01T in total assets; the gap between #1 and #10 is ×4.41. 136 companies in Energy report total assets, 4.8% of the 2836-filer universe. The last place on the list, Gran Tierra Energy, comes in at $1.6B.

Total assets
#CompanyTotal assetsYoY15-year trend
1ShellSHELGB$370B−4.5%
2ChevronCVXUS$324B+26.1%
3TotalenergiesTTEFR$291B+2.0%
4BPBPGB$279B−1.3%
5EniEIT$161B+5.5%
6EnbridgeENBCA$160B+4.8%
7EquinorEQNRNO$132B+0.4%
8ConocoPhillipsCOPUS$122B−0.7%
9Occidental PetroleumOXYUS$84.2B−1.5%
10Marathon PetroleumMPCUS$84.0B+6.5%
11Phillips 66PSXUS$73.7B+1.5%
12Diamondback EnergyFANGUS$71.1B+5.6%
13Canadian Natural ResourcesCNQCA$67.1B+13.1%
14Woodside EnergyWDSAU$66.5B+8.5%
15Suncor EnergySUCA$65.7B+5.2%
16Valero EnergyVLOUS$58.0B−3.6%
17SLBSLBUS$54.9B+12.1%
18Eog ResourcesEOGUS$51.8B+9.8%
19Cenovus EnergyCVECA$46.3B+17.9%
20MPLXMPLXUS$43.0B+14.6%
21EqtEQTUS$41.8B+4.9%
22Baker HughesBKRUS$40.9B+6.6%
23Devon EnergyDVNUS$31.6B+3.6%
24Imperial OilIMOCA$30.9B+3.5%
25Plains All American PipelinePAAUS$30.2B+13.6%
26Ypf Sociedad AnonimaYPFAR$29.4B+0.2%
27SunocoSUNUS$28.4B+97.3%
28Expand EnergyEXEUS$28.3B+1.4%
29SasolSSLZA$27.1B−21.8%
30Pembina PipelinePBACA$26.0B+3.9%
31HalliburtonHALUS$25.0B−2.3%
32OvintivOVVUS$20.4B+5.9%
33Permian ResourcesPRUS$17.9B+6.0%
34HF SinclairDINOUS$16.5B−0.8%
35TransoceanRIGCH$15.6B−19.3%
36Icahn EnterprisesIEPUS$14.2B−12.7%
37Antero ResourcesARUS$13.2B+1.8%
38Chord EnergyCHRDUS$13.1B+0.3%
39PBF EnergyPBFUS$13.0B+2.5%
40Viper EnergyVNOMUS$12.7B+150.0%
41Crescent EnergyCRGYUS$12.4B+35.8%
42Matador ResourcesMTDRUS$11.7B+7.9%
43NovNOVUS$11.3B−0.6%
44South BowSOBOCA$11.2B−1.2%
45TechnipfmcFTIGB$10.1B+2.5%
46Murphy OilMURUS$9.8B+1.7%
47SM EnergySMUS$9.3B+7.9%
48CNX ResourcesCNXUS$9.1B+6.8%
49NobleNEUS$7.5B−5.5%
50Range ResourcesRRCUS$7.4B+1.0%
51California ResourcesCRCUS$7.4B+3.8%
52Comstock ResourcesCRKUS$7.0B+9.8%
53Delek USDKUS$6.8B+2.7%
54Helmerich & PayneHPUS$6.5B+11.0%
55Diversified EnergyDECUS$6.2B+55.9%
56Core Natural ResourcesCNRUS$6.1B+112.9%
57Peabody EnergyBTUUS$5.8B−2.5%
58Patterson Uti EnergyPTENUS$5.6B−4.5%
59Talos EnergyTALOUS$5.6B−10.3%
60Northern Oil & GasNOGUS$5.4B−3.5%
61ValarisVALBM$5.3B+20.0%
62Weatherford InternationalWFRDUS$5.2B+0.7%
63Genesis EnergyGELUS$4.9B−30.9%
64Nabors IndustriesNBRBM$4.8B+6.3%
65Kosmos EnergyKOSUS$4.7B−11.5%
66Hess MidstreamHESMUS$4.4B+5.7%
67Vermilion EnergyVETCA$4.3B−9.7%
68SeadrillSDRLUS$3.9B−5.0%
69BKVBKVUS$3.9B+27.1%
70DnowDNOWUS$3.9B+142.1%
71Par PacificPARRUS$3.8B+0.1%
72Mach Natural ResourcesMNRUS$3.8B+61.5%
73CVR EnergyCVIUS$3.7B−13.1%
74Waterbridge InfrastructureWBIUS$3.7B+174.0%
75Borr DrillingBORRBM$3.6B+6.0%
76Liberty EnergyLBRTUS$3.6B+7.9%
77ValvolineVVVUS$3.4B+44.8%
78Highpeak EnergyHPKUS$3.2B+4.9%
79Gulfport EnergyGPORUS$3.0B+5.7%
80Magnolia Oil & GasMGYUS$2.9B+2.9%
81Alliance Resource PartnersARLPUS$2.9B−2.1%
82Quaker ChemicalKWRUS$2.8B+7.2%
83Warrior Met CoalHCCUS$2.8B+7.4%
84Delek Logistics PartnersDKLUS$2.8B+36.1%
85CalumetCLMTUS$2.7B−2.5%
86Oceaneering InternationalOIIUS$2.7B+14.2%
87Coronado Global ResourcesCODQLAU$2.6B+4.3%
88Hornbeck Offshore ServicesHOSUS$2.6B+0.7%
89Profrac HoldingACDCUS$2.6B−13.9%
90Baytex EnergyBTECA$2.4B−54.7%
91Alpha Metallurgical ResourcesAMRUS$2.3B−6.5%
92Atlas Energy SolutionsAESIUS$2.2B+13.0%
93Solaris Energy InfrastructureSEIUS$2.1B+89.6%
94Precision DrillingPDSCA$2.0B−3.1%
95CactusWHDUS$1.9B+7.6%
96National Energy Services ReunitedNESRUS$1.9B+4.4%
97Phoenix Energy OnePHXE-PUS$1.8B+75.6%
98Flowco HoldingsFLOCUS$1.6B+3.6%
99Select Water SolutionsWTTRUS$1.6B+16.8%
100Gran Tierra EnergyGTECA$1.6B−4.2%

All figures from SEC filings · FY2025 · 100

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-energy-companies-by-total-assets">Largest energy companies by total assets</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

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{{cite web |title=Largest energy companies by total assets |url=https://companiesranked.com/en/largest-energy-companies-by-total-assets |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest energy companies by total assets. CompaniesRanked. https://companiesranked.com/en/largest-energy-companies-by-total-assets

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@misc{companiesranked-en-largest-energy-companies-by-total-assets-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest energy companies by total assets}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-energy-companies-by-total-assets}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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