Energy ranking
Top 25 largest US-listed oil and gas pipeline companies by revenue 2026
Energy Transfer is the largest US-listed company in this group, with revenue of USD 85.5 billion in its fiscal year ending 31 December 2025. The list ranks the 25 largest of 25 US-listed oil and gas pipeline companies by revenue reported for their latest full fiscal year.
Top 10 at a glance
The full list
| Rank | Company | Headquarters | Revenue, latest full fiscal year (USD million) |
|---|---|---|---|
| 1 | Energy Transfer | United States | 85,536 |
| 2 | Enterprise Products Partners | United States | 52,596 |
| 3 | Plains All American | United States | 44,262 |
| 4 | ONEOK | United States | 33,629 |
| 5 | HF Sinclair | United States | 26,869 |
| 6 | Targa Resources | United States | 17,028.3 |
| 7 | Kinder Morgan | United States | 16,937 |
| 8 | MPLX | United States | 12,998 |
| 9 | Williams Companies | United States | 11,950 |
| 10 | Western Midstream Partners | United States | 3,843.4 |
| 11 | Brookfield Infrastructure Corp | United States | 3,668 |
| 12 | NGL Energy Partners | United States | 3,156.2 |
| 13 | Centuri Holdings | United States | 2,982.8 |
| 14 | South Bow | Canada | 1,986 |
| 15 | Southwest Gas Holdings | United States | 1,940.4 |
| 16 | Kinetik Holdings | United States | 1,764.4 |
| 17 | Genesis Energy | United States | 1,630.4 |
| 18 | Archrock | United States | 1,489.8 |
| 19 | Kodiak Gas Services | United States | 1,308.1 |
| 20 | DT Midstream | United States | 1,243 |
| 21 | Antero Midstream | United States | 1,188.4 |
| 22 | Delek Logistics Partners | United States | 1,013.3 |
| 23 | Chesapeake Utilities | United States | 930 |
| 24 | Summit Midstream | United States | 562.1 |
| 25 | RGC Resources | United States | 95.3 |
How this list is built
Revenue is total revenue as reported in each company's annual financial statements for its latest full fiscal year filed by 9 November 2026, in US dollars; fiscal years differ, so each entry shows its fiscal year end. Companies are included if their shares trade on a US stock exchange and their primary Standard Industrial Classification code is 4610, 4612, 4613, 4619, 4922, 4923; companies that report in another currency, including IFRS reporters that do not report in US dollars, are not included, and each figure was checked against the prior year, other reported revenue lines and total assets. Where a listed parent and a listed subsidiary both qualify only the parent is ranked, two listed entities that report the same consolidated results are counted once, and ties share a rank.
Every position is set by the data alone, by the same rules for every company. Spotted something to update? Write to info@stratummarketresearch.com with the list and the line, and we correct it within two working days.
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Frequently asked questions
Who is number one in the oil and gas pipeline companies by revenue ranking?
Energy Transfer ranks first with 85,536 USD million (Latest full fiscal year reported by 9 November 2026 (fiscal years ending 30 September 2025 to 31 March 2026)).
How is this ranking calculated?
Revenue is total revenue as reported in each company's annual financial statements for its latest full fiscal year filed by 9 November 2026, in US dollars; fiscal years differ, so each entry shows its fiscal year end. Companies are included if their shares trade on a US stock exchange and their primary Standard Industrial Classification code is 4610, 4612, 4613, 4619, 4922, 4923; companies that report in another currency, including IFRS reporters that do not report in US dollars, are not included, and each figure was checked against the prior year, other reported revenue lines and total assets. Where a listed parent and a listed subsidiary both qualify only the parent is ranked, two listed entities that report the same consolidated results are counted once, and ties share a rank.
Can a company pay to rank higher?
Positions come only from the counts described above, and inclusion is free. Every company is ranked by the same rules.
How often is the ranking updated?
Every list is recomputed each quarter from the latest public records, and the update date is printed on the page.
Can a ranked company use the badge?
Yes. Every ranked company can use the free web badge on this page on its website, in press releases and on social media.
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