The top 3 Petroleum companies in order are Dorchester Minerals, L.P., Black Stone Minerals, L.P., and Mexco Energy Corp.
Dorchester Minerals and Black Stone Minerals retain their 1st and 2nd spots, respectively, from 2023. Mexco Energy Corp. climbed 3 places into the 3rd spot.
The U.S. petroleum industry generates significant revenue, contributing around $1.7 trillion annually to the economy.
Major companies like ExxonMobil and Chevron reported near-record profits in 2023, despite a decline from 2022's highs.