Enron, M&A deals shape yearend 2001 Energy 50 rankings

The yearend 2001 ranking of the world's 50 largest energy companies was shaped by some significant events:Beleaguered Enron Corp. dropped off the Energy 50 list, while other merchant energy firms competed for the Houston-based firm's lost market share.Russian majors posted high returns for 2001.Consolidations continued to reshape the energy industry, although few, if any, rivaled the scale of mergers and acquisitions activity seen in 2000 and years before.The most recent Energy 50 ranking-a quarterly assessment based on the companies' market capitalization-was released last month by Petroleum Finance Co. (PFC), Washington, DC (see table, p 34). Click here to view PFC's Ene...

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