Top 12 Richest Company In Texas [2024]

Texas, the Lone Star State, is not just known for its vast landscapes and cowboy culture; it’s also home to some of the wealthiest and most influential companies in the world. As of 2024, the Texan business landscape continues to thrive, showcasing a diverse array of industries. Let’s delve into the top 12 richest companies that are making waves in Texas, contributing not only to the state’s economy but also to the global business scene.

Top 12 Richest Company In Texas [2024]

1. ExxonMobil Corporation:

Topping the list is ExxonMobil, a global energy giant headquartered in Irving, Texas. With a robust presence in the oil and gas industry, ExxonMobil continues to be a major player, influencing both national and international energy markets.

2. AT&T Inc.:

Based in Dallas, AT&T stands as a telecommunications giant, providing a wide range of services from mobile and internet to television. The company’s diversified portfolio and innovative approach have solidified its position as one of Texas’ wealthiest enterprises.

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3. Dell Technologies:

Founded by Michael Dell in Round Rock, Dell Technologies has been a trailblazer in the computer technology industry. Renowned for its innovation in personal computers, servers, and related products, Dell continues to be a key player in the tech sector.

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4. Phillips 66:

A leader in the energy sector, Phillips 66, headquartered in Houston, specializes in refining, marketing, and midstream operations. With a strong focus on sustainability and technological advancements, the company has secured its place among the wealthiest in Texas.

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5. Valero Energy Corporation:

Headquartered in San Antonio, Valero Energy is a powerhouse in the refining and marketing of petroleum products. As one of the largest independent petroleum refining companies globally, Valero plays a pivotal role in the Texan and global energy markets.

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6. ConocoPhillips:

With its headquarters in Houston, ConocoPhillips is a multinational energy corporation engaged in exploration, production, refining, and marketing. The company’s strategic operations have propelled it into the ranks of Texas’ wealthiest enterprises.

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7. Sysco Corporation:

Based in Houston, Sysco Corporation is a global leader in foodservice distribution. As a critical player in the food industry, Sysco’s vast network and logistical prowess have contributed to its financial success in the Texan business landscape.

8. American Airlines Group Inc.:

Situated in Fort Worth, American Airlines Group is a major player in the aviation industry. Operating one of the world’s largest airline fleets, the company’s global reach and continuous innovation have solidified its position among Texas’ wealthiest corporations.

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9. Enterprise Products Partners L.P.:

Headquartered in Houston, Enterprise Products Partners is a leading midstream energy company. Specializing in the processing, transportation, and storage of natural gas and petroleum, Enterprise has become a vital player in the Texan energy infrastructure.

10. Halliburton Company:

Based in Houston, Halliburton is a global provider of products and services to the energy industry. Renowned for its expertise in oilfield services, Halliburton continues to be a major contributor to Texas’ economic prosperity.

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11. Occidental Petroleum Corporation:

Headquartered in Houston, Occidental Petroleum is a multinational energy company engaged in oil and gas exploration and production. The company’s global operations and strategic investments have positioned it among the top wealth generators in Texas.

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12. Plains GP Holdings, L.P.:

Situated in Houston, Plains GP Holdings is a key player in the midstream energy sector. Specializing in the transportation, storage, and marketing of crude oil and natural gas, Plains GP Holdings rounds out the list of the top 12 richest companies in Texas.

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Best Company in Texas:

Determining the “best” company can be subjective, as it depends on various factors such as industry, revenue, and impact. However, some of the most prominent and respected companies in Texas include ExxonMobil, AT&T, and Dell Technologies, each excelling in their respective sectors.

Biggest Employer in Texas:

As of my last knowledge update in 2022, Walmart was the largest private employer in Texas. However, rankings can change, and it’s advisable to check the latest statistics for the most up-to-date information on the biggest employer in the state.

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Largest Private Company in Texas:

The title of the largest private company in Texas can change, but as of my last update, Dell Technologies, headquartered in Round Rock, is a notable example. Private company rankings can vary based on revenue, and it’s recommended to consult recent business reports for the latest information.

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Top 5 Richest Companies in Texas:

The top 5 richest companies in Texas typically include ExxonMobil, AT&T, Dell Technologies, Phillips 66, and Valero Energy Corporation. These companies have consistently demonstrated financial strength and influence in their respective industries.

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Richest Company in Texas Forbes:

Forbes regularly updates its list of the richest companies and individuals. For the most recent information on the richest company in Texas according to Forbes, please refer to their latest rankings and reports.

Name of Company in Texas:

Texas is home to a diverse range of companies across sectors. Some notable names include ExxonMobil, AT&T, Dell Technologies, and American Airlines Group Inc., to name a few.

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Largest Private Companies in Texas:

In addition to Dell Technologies, other significant private companies in Texas include HEB Grocery Company, Bechtel Corp., and Pilot Flying J. Rankings may vary, and it’s advisable to check recent reports for the latest information.

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Companies in Texas Dallas:

Dallas, a major economic hub in Texas, hosts several notable companies, including AT&T, Southwest Airlines, and Texas Instruments. The city’s diverse business landscape contributes significantly to the state’s economic vitality.

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List of Small Businesses in Texas:

Texas boasts a thriving ecosystem of small businesses across various industries. The list of small businesses is extensive and includes local restaurants, boutique shops, technology startups, and service providers. Local chambers of commerce or business directories are good resources to explore the rich tapestry of small businesses in Texas.

Companies Founded in Texas:

Texas has been the birthplace of numerous successful companies. Some notable examples include Whole Foods Market, founded in Austin, and GameStop, founded in Dallas. Exploring the history of Texas-based companies reveals a dynamic entrepreneurial spirit and diverse business landscape.

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Conclusion:

Texas’ economic landscape is teeming with thriving businesses across various industries. The top 12 richest companies in the state showcase the diversity and strength of the Texan economy, contributing significantly to both local and global markets. As these companies continue to innovate and expand, Texas remains a hub of economic prosperity and entrepreneurial success in 2024.

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