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The Most Profitable Oil Companies of 2024


According to Forbes, the most profitable oil companies in 2024 are led by Saudi Aramco, which reported a net income of approximately $113 billion. Following closely are Exxon Mobil with about $50 billion, Chevron at $27 billion, and Shell with $31 billion. TotalEnergies also made a significant mark with a net income of around $36 billion. Other notable companies include BP with approximately $26 billion and Equinor with about $32 billion.

The ranking of the most profitable oil companies of 2024, along with their nationalities:


1. Saudi Aramco (Saudi Arabia)

   - Net Income:$113 billion

2. Exxon Mobil(United States)

   - Net Income:$50 billion

3. Shell(United Kingdom/Netherlands)

 - Net Income: $31 billion

4. Chevron(United States)

   - Net Income:$27 billion

5. TotalEnergies(France)

  - Net Income: $36 billion

6. BP (United Kingdom)

   - Net Income:$26 billion

7. Equinor(Norway)

   - Net Income:$32 billion

8. Eni (Italy)

   - Net Income:$10 billion


(Source: Forbes)



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