These 37 US Big Oil & Gas Corps generated 3Q 2012 Ongoing, Core Pretax Income of $56.1 bil, down 11% from the 3Q 2011.
The Big 2.....Exxon Mobil and Chevron.....comprise a hefty 49% of the Total Pretax Income in the 3Q 2012 of all 37 US Big Oil & Gas combined.
These Big 2 had their Total Pretax Income in the 3Q 2012 decline by 15% over the 3Q 2011.
The Remaining 35 US Big Oil & Gas Corps had their Total Ongoing, Core Pretax Income in the 3Q 2012 decline by 6%, much lower than the combined 15% decline of the Big 2.
There were substantially higher Asset Impairment Charges in the 3Q 2012 than in the 3Q 2011, with Natural Gas Impairments being the major component of these Asset Impairment Charges. These Asset Impairment Charges, as well as the large Non-Recurring Gains and Losses were excluded from Pretax Income in deriving Ongoing, Core Pretax Income below.
Below here is the Ongoing, Core Pretax Income for both the 3Q 2012 and the 3Q 2011 for each of these 37 US Big Oil & Gas Corps.
| PTI | PTI | ||||
| Pretax | Pretax | Increase | Increase | ||
| State | Income | Income | (Decrease) | (Decrease) | |
| HQs | 3Q 2012 | 3Q 2011 | Amount | % | |
| mils $s | mils $s | mils $s | |||
| US Big Oil and Gas | |||||
| Big 2 | |||||
| Exxon Mobil | TX | 17,320 | 18,680 | (1,360) | -7% |
| Chevron | CA | 9,932 | 13,340 | (3,408) | -26% |
| Total Big 2 | 27,252 | 32,020 | (4,768) | -15% | |
| Remaining 35 | |||||
| ConocoPhillips | TX | 3,638 | 3,865 | (227) | -6% |
| Phillips 66 | TX | 2,697 | 2,257 | 440 | 19% |
| Occidental Petroleum | CA | 2,144 | 2,739 | (595) | -22% |
| Schlumberger | TX | 1,857 | 1,687 | 170 | 10% |
| Marathon Oil | TX | 1,729 | 1,303 | 426 | 33% |
| Marathon Petroleum | OH | 1,695 | 1,744 | (49) | -3% |
| Apache | TX | 1,594 | 2,094 | (500) | -24% |
| Valero Energy | TX | 1,582 | 1,892 | (310) | -16% |
| HollyFrontier | TX | 960 | 836 | 124 | 15% |
| Hess | NY | 934 | 468 | 466 | 100% |
| Halliburton | TX | 877 | 1,261 | (384) | -30% |
| National Oilwell Varco | TX | 874 | 780 | 94 | 12% |
| Anakarko Petroleum | TX | 846 | 775 | 71 | 9% |
| EOG Resources | TX | 800 | 470 | 330 | 70% |
| Transocean Ltd | TX | 630 | 77 | 553 | 718% |
| Enterprise Products Partners | TX | 590 | 491 | 99 | 20% |
| Devon Energy | OK | 505 | 896 | (391) | -44% |
| Kinder Morgan Inc | TX | 446 | 262 | 184 | 70% |
| Tesoro | TX | 438 | 562 | (124) | -22% |
| Baker Hughes | TX | 413 | 747 | (334) | -45% |
| Murphy Oil | AR | 407 | 527 | (120) | -23% |
| Ensco Intl | TX | 390 | 248 | 142 | 57% |
| Williams Companies | OK | 277 | 354 | (77) | -22% |
| Spectra Energy | TX | 276 | 382 | (106) | -28% |
| Cameron International | TX | 270 | 198 | 72 | 36% |
| Noble Energy | TX | 253 | 377 | (124) | -33% |
| Continental Resources | OK | 252 | 199 | 53 | 27% |
| Helmerich & Payne | OK | 238 | 188 | 50 | 27% |
| Diamond Offshore | TX | 235 | 335 | (100) | -30% |
| Southwestern Energy | TX | 210 | 290 | (80) | -28% |
| OneOK | OK | 208 | 195 | 13 | 7% |
| Denbury Resources | TX | 201 | 233 | (32) | -14% |
| Plains All American Pipeline LP | TX | 186 | 294 | (108) | -37% |
| Chesapeake Energy | OK | 129 | 1,511 | (1,382) | -91% |
| Nabors Industries | TX | 73 | 212 | (139) | -66% |
| Total Remaining 35 | 28,854 | 30,749 | (1,895) | -6% | |
| Grand Total All 37 | 56,106 | 62,769 | (6,663) | -11% |
