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Schlumberger is the leading provider of oil and gas service, equipment, and distribution in the United States, based on a market capitalization. Its outstanding stock shares were valued at billion U.S. dollars on April 14, 2022. Oilfield services range from maintenance and repair work, the lending of necessary equipment such as jack-ups, and transportation via pipelines and tankers.

What is market cap?

Unlike net income, market cap and revenue do not take into account factors such as outstanding debt or the cost of goods sold. While revenue is a hard figure for the quantity of the money generated over a certain period, market cap depends on more fluid categories such as public perception and a company’s reputation. It reflects the value attributed to all outstanding company shares on the stock market at any given time. The majority of the world's leading oil equipment and service providers based on market cap are based in the U.S.

Enterprise Products Partners' ranking worldwide

Apart from being considered the most valuable U.S. oilfield service provider, Enterprise Products Partners also had one of the highest net incomes of top oil equipment and oil service providers worldwide in the 2020/2021 fiscal year. As with most its competitors, Enterprise Products Partners' revenue was lowest in times of oil crisis. When the oil market took a hit during the coronavirus pandemic, so did the oil equipment and service industry. Enterprise Products Partners saw its revenue decrease to **** billion U.S. dollars in 2020.