Gas-power firms dominate Energy 50 ranking in 2000

01/29/2001
The yearend 2000 ranking of the world's 50 largest energy firms is dominated by companies with new business models-the main focus of these firms is on business development rather than their capital assets. Also, the ranking is dominated largely by gas and power companies that performed as well-if not better-than traditional oil and gas firms. Click here to enlarge imageThe most recent Energy 50 ranking, which is a quarterly assessment based on the companies' market capitalization, was released earlier this month by Petroleum Finance Co. (PFC), Washington, DC (see table, p. 28). Total market capitalization of the 50 companies at yearend 2000 tallied $1.82 trillion, vs. $1.66 trill...
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