Natural gas is actually a fossil fuel that is produced through the decomposition of organic materials, particularly from ancient marine organisms that were deposited 550 million years ago. Natural gas is present inside the underground rocks and has been extracted vertically from the surface of the earth. The biggest producer of the world’s natural gas is the USA which has produced the highest volume of 34 trillion cubic feet of gas in the year 2019. Natural gas has been in use starting from the 19th century and was utilized mainly for lighting purposes. At present, natural gas is involved in a number of routine activities including cooking delicious food or baking or heating water in the winter season. This gas is also useful for vehicles as a fuel along with powering industrial furnaces. For this purpose, there are a number of the largest gas companies that are operating inside the USA to ensure a constant supply of natural gas. In this post, we will discuss the 15 largest gas companies in the US as mentioned by Insider Monkey.
Starting the list, the first and top most company in the gas industry is Royal Dutch Shell (NYSE: RDS.A) operating in the USA and offering its services and products in 70 different countries of the world. The company is involved in the production and marketing of natural gas and oil along with some other chemicals. The main headquarter of the company is in Houston and the total revenues of Shell are $311.6 billion. The second company reviewed and listed by Insider Monkey is BP Plc (NYSE: BP). BP was established in 1909 with its headquarters in Houston. The company is offering its products in Asia, Africa, Australia, Europe, South, and North America. Along with the exploration of gas and its production, BP is also involved in refining, retail, wholesale, and other investment activities. The total revenues of BP Plc are $271.6 billion.
Another largest gas company is ExxonMobil which is listed on the 3rd number. This is a multinational firm engaged in the production of gas and oil products. This giant firm was developed in 1911 with its headquarter in Irving and is offering refined products worldwide through 19,000 different gas stations in Australia, Asia, and Europe. Exxon Mobil is also supplying aromatics, polyolefins, and olefins which are the basis of different plastic products. The total revenues of the company are $256 billion. If you want to read about more companies then jump to 15 Largest Gas Companies In The US.