Skip to navigationSkip to content

The oil and gas industry’s fall from grace, in charts

Exxon Mobil sign
Richard Drew/AP
ExxonMobil used to be one of the world’s most powerful companies.

Battered by successive price crashes, facing mounting public scrutiny, and shoved aside by ascendant tech companies like Facebook and Google parent Alphabet, the power wielded by oil companies in the US is rapidly waning. In 2007, 12 of the 100 largest companies in the S&P 500 by market capitalization were oil companies.

Today, there are just two.

Enrich your perspective. Embolden your work. Become a Quartz member.

Your membership supports a team of global Quartz journalists reporting on the forces shaping our world. We make sense of accelerating change and help you get ahead of it with business news for the next era, not just the next hour. Subscribe to Quartz today.

Membership includes:

Quartz Japanへの登録をご希望の方はこちらから。