Exxon Mobil was the leading oil and gas producing company worldwide by net income as of 12-month rolling data from August 2025. Many oil supermajors are among the most profitable oil and gas companies. Exxon Mobil's net income was highest in 2022, when it reached more than 50 billion U.S. dollars.
Oil and gas industry
The oil and gas industry is one of the largest industries worldwide. This sector is involved in exploration, extraction, refining, transport, and marketing of petroleum commodities. Many industries rely heavily on oil and gas products as fuels and feedstocks. It is no wonder then that oil and gas companies are regularly among the most profitable companies worldwide.
State-owned enterprises are largest producers
State-owned businesses are among the largest within the oil and gas industry. Saudi Arabia's Saudi Aramco is by far the leading oil company worldwide based on daily oil production, at over barrels per day. ExxonMobil was the largest non-state-owned oil producer, at *** barrels per day in 2024.
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Financial Times. (August 21, 2025). Leading oil and gas companies worldwide based on net income as of 2025 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/
Financial Times. "Leading oil and gas companies worldwide based on net income as of 2025 (in billion U.S. dollars)." Chart. August 21, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/
Financial Times. (2025). Leading oil and gas companies worldwide based on net income as of 2025 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/
Financial Times. "Leading Oil and Gas Companies Worldwide Based on Net Income as of 2025 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 21 Aug 2025, /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/
Financial Times, Leading oil and gas companies worldwide based on net income as of 2025 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/ (last visited August 05, 2026)
Leading oil and gas companies worldwide based on net income as of 2025 (in billion U.S. dollars) [Graph], Financial Times, August 21, 2025. [Online]. Available: /statistics/272711/top-global-oil-and-gas-companies-based-on-net-income/