Zambian Commercial Services Energy Sector

Exxon Mobil

Market Cap: US$486.4b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, the United Kingdom, Singapore, France, and internationally.

Chevron

Market Cap: US$321.5b

Through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally.

ConocoPhillips

Market Cap: US$123.7b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Williams Companies

Market Cap: US$71.9b

Operates as an energy infrastructure company primarily in the United States.

EOG Resources

Market Cap: US$67.2b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Kinder Morgan

Market Cap: US$62.0b

Operates as an energy infrastructure company primarily in North America.

Marathon Petroleum

Market Cap: US$53.9b

Operates as an integrated downstream energy company in the United States.

Schlumberger

Market Cap: US$53.2b

Engages in the provision of technology for the energy industry worldwide.

ONEOK

Market Cap: US$52.5b

Operates as a midstream service provider of gathering, processing, fractionation, transportation, storage, and marine export services in the United States.

Cheniere Energy

Market Cap: US$52.1b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.

Phillips 66

Market Cap: US$51.9b

Operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally.

Baker Hughes

Market Cap: US$45.1b

Provides a portfolio of technologies and services to energy and industrial value chain worldwide.

Valero Energy

Market Cap: US$45.0b

Manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally.

Occidental Petroleum

Market Cap: US$44.7b

Engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally.

Diamondback Energy

Market Cap: US$44.6b

An independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

Venture Global

Market Cap: US$37.9b

Engages in the development, construction, and production of natural gas liquefaction and export projects near the U.S.

Targa Resources

Market Cap: US$36.8b

Together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America.

EQT

Market Cap: US$33.1b

Engages in the production, gathering, and transmission of natural gas.

Expand Energy

Market Cap: US$23.6b

Operates as an independent natural gas production company in the United States.

Texas Pacific Land

Market Cap: US$22.8b

Engages in the land and resource management, and water services and operations businesses.

Devon Energy

Market Cap: US$22.0b

An independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Halliburton

Market Cap: US$19.7b

Provides products and services to the energy industry worldwide.

Coterra Energy

Market Cap: US$18.5b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

TechnipFMC

Market Cap: US$15.4b

Engages in the energy projects, technologies, systems, and services businesses in Europe, Central Asia, North America, Latin America, the Asia Pacific, Africa, the Middle East, and internationally.

Permian Resources

Market Cap: US$11.5b

An independent oil and natural gas company, focuses on the development of crude oil and associated liquids-rich natural gas reserves in the United States.

Ovintiv

Market Cap: US$11.0b

Explores, develops, produces, and markets natural gas, oil, and natural gas liquids in North America.

Viper Energy

Market Cap: US$10.9b

Owns and acquires mineral and royalty interests in oil and natural gas properties in the Permian Basin, North America.

Antero Resources

Market Cap: US$10.5b

An independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States.

DT Midstream

Market Cap: US$10.2b

Provides integrated natural gas services in the United States.

Range Resources

Market Cap: US$8.7b

Operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States.

Hess Midstream

Market Cap: US$8.7b

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States.

HF Sinclair

Market Cap: US$8.5b

Operates as an independent energy company in the United States.

Antero Midstream

Market Cap: US$8.1b

Owns, operates, and develops midstream energy assets in the Appalachian Basin.

APA

Market Cap: US$7.1b

An independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

Kinetik Holdings

Market Cap: US$6.8b

Through its subsidiaries, operates as a midstream company in the Texas Delaware Basin.

Chord Energy

Market Cap: US$6.6b

Operates as an independent exploration and production company in the United States.