Global 500 rank: 2 (Previous rank: 1)
2006 Revenues (millions): $347,254
Headquarters: Irving, TX
Country: U.S.
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Though it's not No. 1 this year, the oil giant remains the most profitable company in the world, with $39.5 billion in 2006 earnings, thanks to record crude oil prices in 2006. Revenues are up 2% over last year. And profits jumped 9%. The outfit is a leader in energy exploration, with projects in Africa, Russia, and the Persian Gulf.
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2. Exxon Mobil
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Exxon Mobil leads our list of top earners this year. Which other companies are among the most profitable on the planet? (more)  Which automaker lost a whopping $12.6 billion last year? And just how far into the red are stalwarts like Goodyear and Tyson Foods? (more) |
