Source: https://openai.com/dall-e-2/
RealRate’s 2023 ranking for the U.S. Petroleum industry has just burst forth from the earth. The results, which are sorted by financial strength, are below.
The Top 10 Petroleum companies are as follows:
Source: https://realrate.ai/rankings/
The top 3 companies in order are Dorchester Minerals L.P., Black Stone Minerals L.P., and Abraxas Petroleum Corporation.
They had Economic Capital Ratio figures of 355%, 273%, and 263%, and did well due to Net Income, Other Revenues, and Liabilities scores; both respectively.
Dorchester Minerals L.P. holds onto its first place from 2021 and 2022, so congratulations to them. Black Stone moved up from 6th place in 2022, and Abraxas Petroleum is a newcomer this year, so great going to achieve the 3rd place it did.
From a total of 88 companies, 22 received our ‘Top Rated’ award.
Source: https://realrate.ai/rankings/
Source: https://realrate.ai/rankings/
The next 12 companies are as follows:
Source: https://realrate.ai/rankings/
The U.S. produces the most oil of any country, producing 760 million metric tons in 2022.
U.S. company ExxonMobil is the largest oil and gas company in the world, with a market capitalization of $366.83 billion.
Last year a colossal 92.36 million barrels per day were produced.
The incredible thing we do here at RealRate is to deliver fair and independent ratings, bringing together expert knowledge with innovative artificial intelligence.
It is our AI model that computes the all-important Economic Capital Ratio figure. This is completely unbiased and uses only audited public data.
We are fair and explainable, avoiding any conflicts of interest.
We are revolutionizing the ratings industry one ranking at a time.
