CompaniesRanked

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

Most profitable energy companies

Net income is profit after tax and all expenses, as reported in the annual filing. Companies reporting a loss are excluded from this ranking. 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 101 · Fiscal year 2025 · Data as of September 25, 2026

Shell (SHEL) tops the list with $17.8B in net income for fiscal 2025, ahead of Totalenergies ($13.1B) and Chevron ($12.3B). The top 10 together report $83.7B in net income; the gap between #1 and #10 is ×4.05. 101 companies in Energy report net income, 4.9% of the 2058-filer universe. The last place on the list, Propetro Holding, comes in at $824,000.

Net income
#CompanyNet incomeYoY15-year trend
1ShellSHELGB$17.8B+10.8%
2TotalenergiesTTEFR$13.1B−16.7%
3ChevronCVXUS$12.3B−30.5%
4ConocoPhillipsCOPUS$8.0B−13.6%
5Canadian Natural ResourcesCNQCA$7.7B+73.7%
6EnbridgeENBCA$5.4B+34.9%
7EquinorEQNRNO$5.0B−42.7%
8Eog ResourcesEOGUS$5.0B−22.2%
9MPLXMPLXUS$5.0B+13.7%
10Phillips 66PSXUS$4.4B+108.0%
11Suncor EnergySUCA$4.2B−3.6%
12Marathon PetroleumMPCUS$4.0B+17.5%
13SLBSLBUS$3.4B−24.4%
14EniEIT$2.9B+3.8%
15Cenovus EnergyCVECA$2.8B+22.6%
16Woodside EnergyWDSAU$2.7B−23.9%
17Devon EnergyDVNUS$2.6B−8.7%
18Baker HughesBKRUS$2.6B−13.1%
19Occidental PetroleumOXYUS$2.4B−23.0%
20Valero EnergyVLOUS$2.3B−15.2%
21Imperial OilIMOCA$2.3B−33.1%
22EqtEQTUS$2.0B+784.4%
23Expand EnergyEXEUS$1.8B+$2.5B
24Plains All American PipelinePAAUS$1.8B+59.5%
25Diamondback EnergyFANGUS$1.5B−58.2%
26HalliburtonHALUS$1.3B−48.7%
27OvintivOVVUS$1.2B+10.4%
28Pembina PipelinePBACA$1.2B−10.9%
29ValarisVALBM$979M+13.0%
30TechnipfmcFTIGB$964M+14.4%
31Matador ResourcesMTDRUS$759M−14.2%
32Antero ResourcesARUS$675M+618.1%
33Range ResourcesRRCUS$658M+147.1%
34SM EnergySMUS$648M−15.8%
35CNX ResourcesCNXUS$633M+$724M
36HF SinclairDINOUS$579M+227.1%
37SunocoSUNUS$527M−39.1%
38South BowSOBOCA$433M+37.0%
39Weatherford InternationalWFRDUS$431M−14.8%
40Gulfport EnergyGPORUS$428M+$689M
41Comstock ResourcesCRKUS$396M+$625M
42SasolSSLZA$379M+$2.8B
43Par PacificPARRUS$369M+$403M
44California ResourcesCRCUS$363M−3.5%
45Oceaneering InternationalOIIUS$354M+139.9%
46Hess MidstreamHESMUS$353M+58.2%
47Diversified EnergyDECUS$341M+$445M
48Magnolia Oil & GasMGYUS$325M−11.1%
49Alliance Resource PartnersARLPUS$311M−13.8%
50Black Stone MineralsBSMUS$300M+10.5%
51Nabors IndustriesNBRBM$287M+$463M
52NobleNEUS$217M−51.7%
53ValvolineVVVUS$211M−0.4%
54BKVBKVUS$179M+$318M
55Delek Logistics PartnersDKLUS$176M+23.7%
56CactusWHDUS$166M−10.5%
57Riley Exploration PermianREPXUS$161M+80.9%
58Liberty EnergyLBRTUS$148M−53.2%
59NovNOVUS$145M−77.2%
60Mach Natural ResourcesMNRUS$143M−22.8%
61Crescent EnergyCRGYUS$133M+$248M
62Murphy OilMURUS$104M−74.4%
63Kimbell Royalty PartnersKRPUS$99.7M+800.2%
64Innovex InternationalINVXUS$83.3M−40.6%
65Sandridge EnergySDUS$70.2M+11.5%
66Phoenix Energy OnePHXE-PUS$66.1M+$90.9M
67Dorchester MineralsDMLPUS$57.4M−38.0%
68Warrior Met CoalHCCUS$57.0M−77.3%
69BPBPGB$55.0M−85.6%
70National Energy Services ReunitedNESRUS$51.1M−33.0%
71GeoparkGPRKCO$49.7M−48.5%
72Borr DrillingBORRBM$45.0M−45.2%
73Chord EnergyCHRDUS$44.5M−94.8%
74Amplify EnergyAMPYUS$44.0M+239.6%
75Flowco HoldingsFLOCUS$41.4M−48.4%
76Northern Oil & GasNOGUS$38.8M−92.6%
77Greenfire ResourcesGFRCA$34.0M−61.7%
78RPCRESUS$32.1M−64.9%
79Prairie OperatingPROPUS$32.1M+$73.0M
80Hornbeck Offshore ServicesHOSUS$30.8M−44.6%
81Solaris Energy InfrastructureSEIUS$30.2M+90.8%
82Core LaboratoriesCLBUS$29.7M−5.5%
83CVR EnergyCVIUS$27.0M+285.7%
84Primeenergy ResourcesPNRGUS$26.3M−52.5%
85Vitesse EnergyVTSUS$25.3M+20.0%
86Obsidian EnergyOBECA$25.2M+$173M
87Granite Ridge ResourcesGRNTUS$24.4M+29.8%
88North American ConstructionNOACA$24.2M−24.7%
89NCS MultistageNCSMUS$23.7M+260.2%
90Select Water SolutionsWTTRUS$21.2M−30.7%
91Natural Gas ServicesNGSUS$19.9M+15.7%
92Highpeak EnergyHPKUS$19.0M−80.1%
93Nacco IndustriesNCUS$17.6M−47.9%
94Infinity Natural ResourcesINRUS$13.8M+$13.8M
95Ranger Energy ServicesRNGRUS$12.3M−33.2%
96Battalion OilBATLUS$11.9M+$43.8M
97Tetra TechnologiesTTIUS$3.0M−97.2%
98Precision DrillingPDSCA$1.3M−98.4%
99Permian ResourcesPRUS$1.1M−12.1%
100Propetro HoldingPUMPUS$824,000+$139M

All figures from SEC filings · FY2025 · 100

see sources

Download this data as a CSV →

Embed this table

Free to use on any site. The table updates itself whenever the data is rebuilt — you paste it once. The only condition is that you keep the credit line below the table, so readers can reach the source.

<iframe src="https://companiesranked.com/embed/en/most-profitable-energy-companies" title="Most profitable energy companies" width="100%" height="478" loading="lazy" style="max-width:680px;border:1px solid #e5e2dc;border-radius:6px"></iframe>
<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/most-profitable-energy-companies">Most profitable energy companies</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

Open the embed on its own →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Most profitable energy companies |url=https://companiesranked.com/en/most-profitable-energy-companies |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Most profitable energy companies. CompaniesRanked. https://companiesranked.com/en/most-profitable-energy-companies

BibTeX

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

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

Most profitable companies →

By sector

By country