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Plains All American Pipeline ranks No. 186 on FORTUNE's 2006 Global 500
(Fortune) -- Plains All American Pipeline (Charts) ranks no. 186 on FORTUNE's Global 500 this year, with $31.2 billion in revenues, up 48.6% from the previous year. The Houston, Texas-based company was ranked no. 275 on the 2005 list. Its 2005 profits were $0.2 billion, up 67.5% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP. In the Energy industry, profits were up 67.5% from the previous year. The world's biggest companies in the sector are: EON (Charts), ranked no. 64 on the Global 500 with $66.3 billion in revenues; Suez, ranked no. 96 on the Global 500 with $52.7 billion in revenues; Gazprom, ranked no. 102 on the Global 500 with $50.8 billion in revenues; and RWE (Charts), ranked no. 105 on the Global 500 with $50.3 billion in revenues. The Global 500 list is an annual ranking of the world's largest corporations by revenues. Next: Full list: 2006 Global 500 at http://money.cnn.com/global500 Plus: See Plains All American Pipeline's Global 500 details, including financial stats and contact information. Europe's top 50 Asia's top 50 |
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