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Asia Pulse: PLATTS GLOBAL TOP 250: THE WORLD’S TOP PERFORMING ENERGY COs

Published: Sep 14, 2007

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Platts Global Top 250: The World’s Top Performing Energy Companies

SINGAPORE, Sept 13 /PRNewswire-AsiaNet/ —

(Integrated Oil Companies Top Annual List Due To High Oil Prices; Asian Company Representation and Performance Steady to Rising)

Major oil and gas companies have consolidated their position as the world’s most effective energy businesses, dominating the rankings in the annual Platts Top 250 Global Energy Companies, announced Thursday night.

In an environment of continued high oil prices and climbing global demand, Exxon Mobil, BP and Royal Dutch Shell kept hold of the leadership spots, the definitive Platts rankings showed. Indeed, the only non-oil and gas companies to break into the top twenty positions were French super-utilities EDF Energy and Suez, placing 14th and 20th, respectively.

The Platts Top 250 scores the world’s top performing energy companies on a combination of assets, revenues, profits and return on invested capital.

Platts announced this year’s rankings at a gala dinner in Singapore to celebrate Asian winners in the Top 250, and Asia’s growing prominence in the list. The dinner was attended by almost 200 energy executives from around the world. Singapore Minister of State for Trade and Industry Mr. Lee Yi Shyan presented the evening’s keynote address on the challenges facing Asian energy companies.

Best performing Asian energy business was Petrochina, which placed sixth worldwide, and ahead of many long-established western energy companies. Petrochina’s oil output puts it on the same footing, in terms of scale, as medium-sized OPEC producers; and, measured on profits alone, it is the fourth most successful energy company in the world. Second, third, fourth and fifth in Asia were China Petroleum & Chemical Corp (Sinopec), India’s Oil & Natural Gas Corporation, Thailand’s PTT, and CNOOC from Hong Kong.

The best performers in Europe, Africa and the Middle East were BP, Shell, Total, Norway’s Statoil and Italy’s ENI, in that order. In the Americas, Exxon Mobil, Chevron, Brazil’s Petrobras, ConocoPhillips and Valero Energy topped the table.

“Platts is proud to be bringing the energy and investment communities its highly respected Top 250 Energy Company rankings for the sixth year in a row,” said Victoria Chu Pao, Platts president. “Under the current volatile and competitive market environment, this year’s rankings are more important than ever in highlighting the truly world class performers in the energy industry. We congratulate all those businesses that have made our Top 250 list.”

For the first time in the rankings’ history, Platts also scorecarded a Fastest-Growing Companies roster, an elite list of companies setting the pace in revenue growth terms. In particular, Asia’s standouts in growth were China Resources Power Holdings with a 3-year compounded growth rate (CGR) of 131 per cent, PT BUMI Resources of Indonesia at 65 per cent growth, and Inpex Holdings of Japan with 52 per cent growth.

The strongest performing utilities in the world were all from Europe. In addition to EDF and Suez, Germany’s E.ON, Gaz de France, Italy’s Enel, Belgium’s Electrabel and the UK’s BG Group all crowded into the top 30 of the Top 250.

All ranked companies have assets greater than (US) $2 billion and must be publicly listed companies. The underlying data come from the Compustat database, which is compiled and maintained by Standard & Poor’s (like Platts, a division of The McGraw-Hill Companies).

For the complete Platts Top 250 Global Energy Companies list, visit: http://www.platts.com/top250/ . There you will find the list, including details of the four factors that make up the Top 250 score with rankings by region and sector–as defined by Standard & Poor’s Global Industry Classification Standard (GICS) — and a company snapshot. Ranking recognition is also by growth rate by sector and region. Note: CCF _ coal and combustible fuels, S&T _ storage & transfer, R&M _ refining & marketing, IPP _ independent power producers, IOG _ integrated oil & gas, GU _ gas utilities, E&P _ exploration & production, EU _ electric utilities, DU _ diversified utilities, CGR _ compounded growth rate.

About Platts:

Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and metals information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, emissions, coal, petrochemical and metals markets. Platts’ real time news, pricing, analytical services, and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor’s, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com.

About Standard & Poor’s:

Standard & Poor’s, a division of The McGraw-Hill Companies (NYSE: MHP), is the world’s foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries. Standard & Poor’s is an essential part of the world’s financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

CONTACT: Asia: Casey Yew

+65 653 06552

Europe: Shiona Ramage

+44207 1766153

Kathleen Tanzy

212-904-2860

kathleen_tanzyplatts.com

Web site: http://www.platts.com/top250

http://www.platts.com

http://www.mcgraw-hill.com

http://www.standardandpoors.com

SOURCE: Platts

ASIA PULSE

 

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