- 1. Exxon Mobil Corporation - $264 billion
- 2. British Petroleum, plc. - $174.6 billion
- 3. Royal Dutch/Shell Group - $158.8 billion
- 4. TOTAL SA - $115.3 billion
- 5. ChevronTexaco Corp. - $90.5 billion
- 6. ENI SpA - $76.9 billion
- 7. OAO Gazprom - $50.6 billion
- 8. ConocoPhillips - $45.1 billion
- 9. Schlumberger Ltd. - $35.9 billion
- 10. Petroleo Brasileiro - $32.9 billion
In doing company research, one of the first sources to check for information is the company itself. Company web pages can be a wealth of information. In particular, the Investor Relations and Press Release/News sections. The Investor Relations section is a good source for all of the financial filings made to the government regulatory bodies. While these filings are usually located on the company web pages, this information can be obtained by accessing the filings through the Securities & Exchange Commission (SEC), specifically the SEC's EDGAR Database.
There are several filings to which one should pay particular attention.
The first is the 10K or annual filing. Along with all of the annual financial information, this filing also has sections that can provide information on the company operations and sometimes insight on the industry itself. Item 1 is the Business section, and it contains information on various business lines/segments as well as sometimes information on strategy, marketing, and competition. Item 7 is the Management Discussion & Analysis section and it contains specific notes to various things reported in the 10K. This section is often where more segment information as well as geographical segment information can be found.
The second filing is the 10Q which is a quarterly filing. It is not nearly as in-depth as the 10K and is primarily used to update the financial data.
Third is the Proxy statement which is usually published around the time as the 10K, and contains all of the executive and executive compensation issues.
The last is the Annual Report sent out to shareholders. Some company's annual reports and 10Ks contain roughly the same information but the annual report is presented in ways that people without technical expertise can understand.
There are also many other databases that contain company and industry data. Many of these databases require a subscription and can be quite expensive. Some of the many databases available include: Hoovers, Mergent, Standard & Poor's NetAdvantage, Gale's Business & Company Resource, and Dow Jones Factiva. Local public or university libraries are good places to access these and other resources. These and other resources included in this section, are intended to assist in researching this very complex, fascinating and critically important global industry.
International Petroleum Encyclopedia. Tulsa, OK: Pennwell Corporation, c2004. 332 p.
LC Call Number: Not available as of March 4, 2006
LC Catalog Record: 2005295063
Oil & Gas Financial Journal. Tulsa, OK: PennWell Corp.
Quarterly/Monthly. 2004 - present.
LC Call number: HD9560.1 .O335
LC Catalog Record: 2005214477
Oil & Gas Journal. Tulsa, OK: Petroleum Pub. Co. Monthly. 1910? - present.
LC Call Number: TN860 .O4
LC Catalog Record: ca 12000708
Oil Market Intelligence. New York: Petroleum & Energy
Intelligence Weekly, Inc. Monthly. April 1996 - present
LC Call Number: HD9560.1 .O43
LC Catalog Record: 96660637
Petroleum Economist. London: Petroleum Press Bureau. Monthly. January 1974 - present.
LC Call Number: HD9560.1 .P63
LC Catalog Record: 75640192
The Energy Intelligence top 100 : ranking the world’s oil companies Energy Intelligence Research. New York, NY : Energy Intelligence Group. 2003-
LC Call Number: HD9560.1 .R36
LC Catalog Record: 2005205007
Standard & Poor's Industry Surveys. Quarterly/Weekly. January 1973 to present. New York: Standard & Poor's Corp.
LC Call Number: HC106.6 .S74
LC Catalog Record: 77183941
ExxonMobil Corporation. ExxonMobil Collection. 1790-2004; (with most materials dating between the 1880s-1990s.)
Available at the Center for American History, The University of Texas at Austin.
Note: NOT IN THE COLLECTIONS OF THE LIBRARY OF CONGRESS.
Online guide to the collection: http://www.lib.utexas.edu/taro/utcah/00352/cah-00352.html#a0
Housed at the Center for American History at The University of Texas at Austin, this collection includes: Foundation and governance documents, legal agreements, correspondence and memoranda, publications, financial reports, press releases, speeches, news clippings, histories, advertising and graphics material, posters, ledgers and record books, drawings and blueprints, photographs, moving images, sound recordings, and artifacts and memorabilia that ocument the activities and functions of four major corporate entities - Standard Oil Company, Mobil Corporation, Exxon Corporation and Exxon Mobil Corporation - and their predecessors and subsidiaries.
- Part 1: Collection overview and Standard Oil Company material
- Part 2: Mobil Corporation: Series I. Subject Files: Affiliates through Histories
- Part 3: Mobil Corporation: Series I. Subject Files: Lindbergh, Charles A. through Travel Guides
- Part 4: Mobil Corporation: Series II. Publications and Series III. Office of the Corporate Secretary Records
- Part 5: Mobil Corporation: Series IV. Photographs and Series V. Moving Images
- Part 6: Exxon Corporation: Series I. Subject Files
- art 7 : Exxon Corporation: Series II. Publications and Series III. History of Standard Oil Company (New Jersey) Research Files
- Part 8: Exxon Corporation: Series IV. Photographs and Series V. Moving Images
- Part 9: Exxon Mobil Corporation: Series II. Publications
Public Company Research
U.S. Securities & Exchange Commission. (filings search)
Yahoo! Finance Industry Center.
China National Petroleum Co.
Additional works on oil and gas industry company resources in the Library of Congress may be identified by searching the Online Catalog under appropriate Library of Congress subject headings. Choose the topics you wish to search from the following list to link directly to the Catalog and automatically execute a search for the subject selected. Please be aware that during periods of heavy use you may encounter delays in accessing the catalog. Please see the individual sections of this guide for catalog searches relating to those topics. For assistance in locating other subject headings which may relate to this subject, please consult a reference librarian.
1. Standard & Poor's Industry Surveys. Oil & Gas: Production and Marketing Industry Survey. New York: Standard & Poor's Corp., October 20, 2005. p.10.
2. Ibid., p.10.