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Global Energy Company Rankings: Exxon Keeps Top Spot, BP Makes Huge Comeback

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Royal Dutch Shell, Chevron, and Gazprom round out the top five for 2012, according to Platts. Asian companies identified as fastest growing in the sector.

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MINYANVILLE ORIGINAL Exxon Mobil (NYSE:XOM) reigned supreme in the number one spot of the "2012 Top 250 Global Energy Company Rankings," by Platts, a division of McGraw-Hill (NYSE:MHP). These rankings were released today. The energy industry news provider ranked the companies based on their fiscal 2011 performance in four key areas: Asset value, revenues, profits, and return on invested capital.

Exxon has been at the top of the 11-year-old list for eight years. Anglo-Dutch energy major Royal Dutch Shell (LON:RDSA) moved up from sixth position to second, displacing US energy major Chevron (NYSE:CVX) to third place. Gazprom (MCX:GAZP) dropped to fifth place this year from third place. Statoil ascended, climbing from 11th place to sixth place.

One of the "standout movers" was BP (LON:BP), said Platts. The UK oil major took fourth position on this year's list, after having plummeted from second place in 2010 to 118th place last year after having more than $38 billion in losses from the Macondo oil spill in the Gulf of Mexico.

Other movers in the top 10 included Norway's Statoil (NYSE:STO), which moved to the sixth spot up from 11th place. French major Total (NYSE:TOT) fell to seventh place from fifth place, and ConocoPhillips (NYSE:COP) dropped one place from seventh to eighth. PetroChina (NYSE:PTR) fell to ninth from fourth, and Rosneft (ROSN.ME) moved down one spot to 10th place. Lukoil (LUKF.EX) and China Petroleum (NYSE:SNP) were knocked off the top 10 to 11th and 12th place, respectively.

China's energy dragon came out roaring with 23 companies on the 2012 roster, giving the country more companies in the Top 250 than any other nation except the United States. India also had a strong showing on the Top 250 list, with 12 companies representing six different energy sectors.

"Chinese and Indian companies' recent surge forward in the energy industry has been increasingly reflected in the Platts Top 250 roster," said Larry Neal, president of Platts. "The fact that these Asian companies are outperforming themselves year after year is a testament to the region's enormous growth and energy demand."

Most indicative of the Asia-Pacific region's growth was its dominance of the 50 Fastest Growing Companies list. Asia-Pacific companies accounted for 30 of the 50 companies listed, based on a three-year compound growth rate.

Here are the top 10 companies in the 2012 Top 250 Global Energy Companies.

1. Exxon Mobil
2. Royal Dutch Shell
3. Chevron
4. BP
5. Gazprom
6. Statoil
7. Total
8. ConocoPhilipps
9. PetroChina
10. Rosneft Oil
No positions in stocks mentioned.
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