Global 2019 ranking of oil equipment and oil services providers based on market cap

In 2019, the Canadian company Enbridge (#565767) held the largest market capitalization of global oil equipment and service providers, at 69.62 billion U.S. dollars. That year, the top ten ranking global companies were exclusively from North America, primarily based in the United States.

What is “market cap”?

As opposed to sales or assets, market capitalization is a metric used to determine a company’s size and worth on the stock market. For example, U.S. based Energy Transfer is roughly half the size of Enbridge, but outpaced Enbridge’s revenue in 2019, earning the most in its sector. The differing ratios exemplify how market capitalization is not a hard figure like revenue, but inflates and fluctuates according the perceived value of a company, influenced by less quantifiable factors.

Enbridge’s reach and services

Like Energy Transfer, Enbridge specializes in energy transportation and infrastructure, with a vast network of underground pipelines to deliver crude oil and liquids. The company is also the largest distributor of natural gas in Canada and extends its services into the United States and Gulf of Mexico.

2019 ranking of leading global oil equipment and oil services providers based on market capitalization

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

August 2019



Survey time period

August 2019

Supplementary notes

Ranking compiled in 2019 based on latest available revenue.

Open this statistic in...
Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Coal"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.