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Apr.23
10:38 AM ET
Wednesday, 23 Apr 2008
Biggest Companies: Gazprom On GE's Heels
With the run up in oil and General Electric's [GE
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] big miss in the first quarter, Russia's Gazprom could pass GE in the rankings of world's biggest companies by market cap. When it comes to size, China and Oil seem to lead the pack.
Here are the current rankings by market cap...
- Exxon Mobile - $502 billion
- Petro China - $383 billion
- China Mobile - $347 billion
- General Electric - $324 billion
- Gazprom - $320 billion
As the chart below shows, Gazprom and its ADR [OGZPY
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] have outperformed GE over the past year. While GE is down over 20% in the past 6 months, Gazprom is up 9%.
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