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Oil & Energy Industry Description

The oil and energy industry in the United States is a crucial sector that plays a significant role in the country's economy and global energy landscape. It encompasses various activities related to the exploration, production, refining, distribution, and consumption of oil, natural gas, and other energy sources. This industry has a profound impact on multiple sectors, including transportation, manufacturing, and power generation. Exploration and production (E&P) companies are responsible for locating and extracting oil and natural gas reserves from underground reservoirs. The United States has been a leading producer of oil and natural gas, thanks to advancements in drilling technologies such as hydraulic fracturing (fracking) and horizontal drilling. Major oil-producing regions include the Permian Basin in Texas and New Mexico, the Bakken Formation in North Dakota, and the Eagle Ford Shale in Texas. Refining is a crucial step in the oil and energy industry, where crude oil is pro...

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11,391

COMPANIES

710 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Oil & Energy

$90,529

AVG SALARY

top companies

List of Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Oil & Energy

United States, Texas

1 Billion and Over

501-1000

About ExxonMobil

ExxonMobil, officially known as the Exxon Mobil Corporation, is an American multinational oil and gas corporation headquartered in Irving, Texas. Formed on November 30, 1999, by the merger of Exxon and Mobil, both direct descendants of John D. Rockefeller's Standard Oil, it is the largest direct descendant of Standard Oil. ExxonMobil is one of the world's largest publicly traded oil and gas companies, involved in oil and natural gas exploration, production, supply, transportation, and marketing around the globe. The company operates with three major divisions: Upstream (oil exploration, extraction, shipping, and wholesale operations), Downstream (marketing, refining, and retail operations), and Chemical (petrochemical manufacturing and marketing). ExxonMobil is also involved in the power generation sector, primarily through natural gas. Did You Know? ExxonMobil has a significant research and development operation, investing in new energy technologies including algae biofuels, li...

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Oil & Energy

United States, California

1 Billion and Over

10001+

About Chevron

Chevron Corporation is an American multinational energy corporation, one of the successor companies of Standard Oil, founded by John D. Rockefeller. Established in 1879 in California, Chevron has grown to become one of the world's leading integrated energy companies, engaging in every aspect of the oil, natural gas, and geothermal energy industries, including exploration, production, refining, marketing, and transportation. Headquartered in San Ramon, California, Chevron operates in more than 180 countries and is involved in virtually every facet of the energy industry. The company's portfolio includes petrochemicals, power generation, and energy services in addition to its upstream and downstream operations. Chevron is also noted for its commitment to sustainability, investing in renewable energy sources and technologies to reduce carbon emissions. Did You Know? Chevron was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s until the 1970s....

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Oil & Energy

United States, Texas

1 Billion and Over

10001+

About ConocoPhillips

ConocoPhillips, headquartered in Houston, Texas, stands as a titan in the global energy sector, primarily focusing on the exploration and production of oil and natural gas. Founded in 1917 through the merger of Conoco Inc. and Phillips Petroleum Co. in 2002, the company has grown to become the largest independent exploration and production (E&P) company in the world based on production and proved reserves. With operations in more than 30 countries, ConocoPhillips is dedicated to the dual challenge of meeting the world's energy needs while simultaneously addressing the risks of climate change. The company's approach to sustainability includes reducing greenhouse gas emissions and water usage in their operations. Did You Know? ConocoPhillips was one of the first major energy companies to advocate for the importance of climate change mitigation. In an industry often criticized for its environmental impact, ConocoPhillips has taken steps to invest in carbon capture and storage techn...

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Oil & Energy

United States, Texas

1 Billion and Over

10001+

About Energy Transfer

Energy Transfer LP is a prominent American company specializing in the natural gas and propane pipeline transport sector. Founded in 1995 by Kelcy Warren and Ray Davis, the company has its headquarters in Dallas, Texas. Energy Transfer operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint that includes approximately 90,000 miles of pipelines and associated facilities. The company plays a critical role in the energy infrastructure of North America, facilitating the movement and management of natural gas, crude oil, NGLs (natural gas liquids), and refined products. Energy Transfer's operations are not just limited to pipeline transportation; they also encompass storage, terminalling, and acquisition and marketing services, making it a key player in the energy supply chain. Did You Know? Energy Transfer is involved in the controversial Dakota Access Pipeline (DAPL), which has been the subject of significant env...

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Oil & Energy

United States, Ohio

1 Billion and Over

10001+

About Marathon Petroleum Corporation

Marathon Petroleum Corporation, headquartered in Findlay, Ohio, is a leading American petroleum refining, marketing, and transportation company. Established in 2009 through the spin-off of Marathon Oil's downstream operations, Marathon Petroleum has grown to become one of the largest petroleum refiners in the United States. The company operates an extensive refining network with a significant capacity, capable of processing over three million barrels of crude oil per day across its facilities. Marathon Petroleum's operations are not limited to refining; the company also has a widespread retail and marketing presence. It owns and operates thousands of gas stations across the U.S., many under the Speedway brand, which it acquired in 2018 in a landmark deal that significantly expanded its retail footprint. In 2020, Marathon Petroleum further solidified its position in the industry by selling its Speedway gas stations to 7-Eleven, Inc., in a transaction valued at $21 billion. Did You ...

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Oil & Energy

United States, Texas

1 Billion and Over

10001+

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company with a rich history dating back to its founding in 1917. Headquartered in Houston, Texas, Phillips 66 operates in more than 65 countries, employing over 14,000 people worldwide. The company's operations are segmented into four primary areas: Midstream, Chemicals, Refining, and Marketing and Specialties. Phillips 66's refining operations are among its most significant activities, with 13 refineries in the United States and Europe, having a net crude oil capacity of 2.2 million barrels per day. This makes it one of the largest refiners in the world. The company also has a notable presence in the petrochemical sector through its joint venture Chevron Phillips Chemical Company, which is one of the world's top producers of olefins and polyolefins. In the realm of innovation and sustainability, Phillips 66 is actively involved in developing advanced technologies and energy solutions. This includes investments in ren...

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medal Oxy

Oil & Energy

United States, Texas

1 Billion and Over

10001+

About Oxy

Occidental Petroleum Corporation, often abbreviated as Oxy, is a leading American company engaged in hydrocarbon exploration in the United States, the Middle East, and Latin America. Headquartered in Houston, Texas, it was founded in 1920 by Armand Hammer. As of my last update, Occidental is one of the largest oil producers in the U.S., with significant operations in the Permian Basin, one of the country's most prolific oil production areas. The company has a diversified portfolio, including chemical manufacturing through its subsidiary, OxyChem, which is a major North American chemical manufacturer. Occidental has also been involved in various high-profile acquisitions, including the purchase of Anadarko Petroleum in 2019, which significantly expanded its assets and operations. Did You Know? Occidental Petroleum has a notable commitment to sustainability and carbon reduction. It is pioneering in the field of carbon capture, utilization, and storage (CCUS) technology, aiming to ...

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Oil & Energy

United States, New York

1 Billion and Over

1001-5000

About Hess Corporation

Hess Corporation is an American global independent energy company engaged in the exploration and production of crude oil and natural gas. Founded in 1933 by Leon Hess, the company started as a small fuel oil delivery service in Asbury Park, New Jersey. Over the decades, Hess Corporation has grown into a leading global energy producer, with operations spanning from the United States to Denmark, Malaysia, and Guyana. The company's commitment to sustainability and responsible energy production is evident in its comprehensive approach to reducing carbon emissions and its investments in carbon capture and storage technologies. Hess Corporation is also known for its innovative use of technology in the energy sector, employing advanced seismic imaging and enhanced oil recovery techniques to maximize production efficiency. Did You Know? Hess Corporation was once famous for its collectible toy trucks, which became a cherished holiday tradition for many American families. First introduced...

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Oil & Energy

United States, Oklahoma

1 Billion and Over

1001-5000

About Devon Energy

Devon Energy Corporation, an American energy company established in 1971, is headquartered in Oklahoma City, Oklahoma. It is primarily involved in hydrocarbon exploration and is one of the leaders in the energy sector, particularly in the production of natural gas, natural gas liquids, and petroleum. The company's operations are mainly focused in the United States, with significant activities in the Delaware Basin, the Eagle Ford Group, and the Anadarko Basin, among others. Devon Energy has been recognized for its innovative approaches in the energy industry, particularly in hydraulic fracturing and horizontal drilling, which have significantly increased the efficiency and reduced the environmental impact of fossil fuel extraction. The company is also involved in various sustainability and environmental stewardship initiatives, aiming to reduce its carbon footprint and water usage in its operations. Did You Know? Devon Energy was one of the first companies to voluntarily report ...

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Oil & Energy

United States, Texas

1 Billion and Over

1001-5000

About EOG Resources

EOG Resources, Inc., headquartered in Houston, Texas, is a premier American company in the exploration and production of petroleum and natural gas. Founded in 1999 as a result of the spin-off from Enron Corporation, EOG Resources has grown to become one of the largest independent (non-integrated) crude oil and natural gas companies in the United States, with a significant presence in major oil and gas producing basins in the United States, Canada, Trinidad and Tobago, and other areas. EOG Resources is renowned for its innovative approach to drilling and extracting oil and gas, particularly its early adoption and extensive use of horizontal drilling and hydraulic fracturing technologies. These techniques have allowed EOG to unlock vast reserves of oil and gas from shale formations, positioning the company as a leader in the shale revolution that has reshaped global energy markets. Did You Know? EOG Resources stands for Enron Oil & Gas Company, reflecting its origins as part of th...

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Industry Overview

The manufacturing and industrial sector in the United States is a crucial component of the country's economy. It encompasses a wide range of industries involved in the production of goods, including machinery, automobiles, electronics, chemicals, textiles, and more. This sector plays a significant role in driving economic growth, creating jobs, and fostering innovation. The United States has a long history of being a global leader in manufacturing and industrial production. It has a diverse and highly advanced manufacturing base, supported by a skilled workforce, technological advancements, and robust infrastructure. The sector has undergone significant transformations over the years, adapting to changing market dynamics, technological advancements, and global competition. One of the key factors contributing to the success of the manufacturing and industrial sector in the USA is its emphasis on innovation and research and development (R&D). The country has a strong focus on develo...

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FAQ

FAQs

The top Oil & Energy companies in the US are ExxonMobil, Chevron and ConocoPhillips. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 11435 of Oil & Energy companies in the US according to the latest CIENCE data.

The median revenue for Oil & Energy companies in the US is 7500000.

The average revenue for Oil & Energy companies is 62462571.

You can find job opportunities in the Oil & Energy through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The Oil & Energy companies are located across United States.

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