Exxon Mobil’s still big, but not the biggest

Exxon Mobil Corp. is the big dog when it comes to oil and gas, but it’s fallen behind three banks and an energy-based conglomerate on Forbes’ latest list of the world’s biggest public companies.

Irving, Texas-based Exxon Mobil was No. 1 last year.

Forbes bases the rankings on a composite score based on  sales, profit, assets and market value. Three of the Top 5 companies are American, two are Chinese:

1. Industrial & Commercial Bank of China

2. China Construction Bank

3. JPMorgan Chase

4. General Electric

5. Exxon Mobil Corp.

You can see Forbes’ full list here.

 

 

 

 

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About The Author

Don Mason is an assistant business editor at the Houston Chronicle, responsible primarily for supervising energy industry coverage.