Texas dominates 2014 Fortune 500 list with 52 companies By Maria Halkias mhalkias@dallasnews 10:18 am on June 2, 2014 | Permalink 949 72 0 17 An ExxonMobil gas station in Dallas. (The Dallas Morning News file photo) Fortune magazine’s annual list of the top 500 U.S. companies is out this morning. Wal-Mart Stores Inc. is still the largest U.S. company with sales last year of $476.3 billion. Wal-Mart and Exxon Mobil often trade places on the Fortune 500, but not this year. Exxon Mobil’s revenue dropped by 9 percent last year to $407.7 billion. Austin-based Dell, which was ranked 51 last year, fell of the list that only includes public companies. J.C. Penney dropped a few notches again. And American Airlines moved up. Here’s a local company that just missed it: Irving-based Flowserve was at No. 501 with 2013 revenue of $4.95 billion. It’s moving up, ranked 508 a year ago. Texas continues to dominate the list with 52 companies in the top 500. So does California, but on next year’s list rival California will be losing No. 67 Safeway to the pending merger with Idaho-based Albertsons and No. 116 Occidental Petroleum is moving to Houston. The Dallas area has 18 companies making it on the prestigious list. Richardson-based MetroPCS was No. 481 on 2013 list, but it was bought by T-Mobile USA. Houston’s list is dominated by oil and gas companies. Not bashing Houston, but the Dallas list in more diversified. Texas companies in Fortune 500 and their U.S. rank: 2014/2013 2/2 Exxon Mobil 6/4 Phillips 66 10/9. Valero Energy 11/11. AT&T 47/45. ConocoPhillips 54/161 Energy Transfer Equity L.P. 56/64 Enterprise Products Partners L.P. 63/65 Sysco 70/ — Plains GP Holdings L.P. 75/95 Tesoro 103/106 Halliburton 109/110 Fluor 112/121 American Airlines Group 131/144 National Oilwell Varco 132/135 Baker Hughes 139/136 Kimberly-Clark 141/139 USAA 145/143 HollyFrontier 160/164 Southwest Airlines 179/167 Apache 188/174 Marathon Oil 202/207 Anadarko Petroleum 203/233 EOG Resources 206/265 Kinder Morgan 207/200 Waste Management 218/232 Whole Foods Market 227/218 Texas Instruments 229/269 Tenet Healthcare 235/215 J.C. Penney 266/ — CST Brands 281/283 Western Refining 285/217 Dean Foods 286/310 Cameron International 305/298 GameStop 307/343 Group 1 Automotive 333/344 CenterPoint Energy 360/334 KBR 368/417 FMC Technologies 370/335 Commercial Metals 395/435 Targa Resources 396/397 Quanta Services 399/396 Celanese 414/459 Calpine 418/545 D.R. Horton 419/407 CC Media Holdings 430/427 Dr Pepper Snapple 438/447 Energy Future Holdings 439/460 Susser Holdings 461/475 Spectra Energy 478/451 MRC Global 485/544 Buckeye Partners 491/535 Noble Energy SOURCE: Fortune On Twitter: @MariaHalkias From Around the Web How To Invest $100, $1,000, Or $10,000 (Business Insider) What the Volatility Index Is Seeing for Early October (CBOE) Learn How To Analyze Your Trading Performance (Charles Schwab) Retiring Soon? Hope You Dont Live in These 10 States (Bankrate) Recommended by More From the Web Investing the Soros Way (for Only $1,000K) Forbes CNN Money: How Young Millionaires Invest CNN Money Your 401(k) Isnt Growing As Fast As it Should - Heres Why Mint More From Dallasnews Update: Man charged with murder in connection with fatal shooting outside club in Oak Lawn Crime Blog Police arrest suspect in fatal Seagoville shooting Crime Blog Dallas-based Dave & Buster’s Entertainment Inc. hopes to raise up to $105.9 million in IPO Biz Beat Blog Recommended by TOP PICKS Guide GUIDE Festival of the Week: Bonnie and Clyde Days Food & Drink FOOD & DRINK Dine with your pup at one of these pet-friendly D-FW restaurants People PEOPLE Humans of the State Fair of Texas Pop Culture Blog POP CULTURE BLOG Blu-ray pick: Once Upon a Time in America is bigger, longer and less cut This entry was posted in Fortune 500 and tagged Fortune 500, Fortune magazine by Maria Halkias. Bookmark the permalink. Comments To post a comment, log into your chosen social network and then add your comment below. Your comments are subject to our Terms of Service and the privacy policy and terms of service of your social network. If you do not want to comment with a social network, please consider writing a letter to the editor. 17 Comments SortSubscribeRSS 129 days ago Sid Gonzales Who cares who has more this and that? How are California and Texas provide water for the growing populations? ReplyShare02 129 days ago Bo_garde Even with a casual glance down the list, its obvious that the oil companies dominate, most having been here for decades. That means Rick Perry takes credit for Spindletop. ReplyShare13 129 days ago John Fender What a joke this list has become. Im sorry any list that includes JC Penny needs to be taken with a very large grain of salt. ReplyShare2 replies14 129 days ago David Maloof So, the $13B in revenue JC Penney generated in 2013 should not count...why??? Frankly, your comment makes no sense. ReplyShare1 reply30 129 days ago Mike H David, these naysayers only want to whine about giving Tax breaks but I bet these naysayers clap and cheer when the commercials come on where New York promises 10 years with no taxes trying to increase business, some folks just dont understand that those businesses they whine about and complain about only create jobs and revenue for the state. wow ! what a horrible prospect, jobs, income and tax revenues, the horror of it all. ReplyShare20 129 days ago El Camino Ummm...Texans, yall are actually losing Fortune 500 companies. In 2006, you had 56 Fortune 500 companies. archive.fortune/magazines/fortune/fortune500/states/T.html#TX Facts are irksome things, arent they? While California had 52 Fortune 500 companies in 2006, they now have 54. Texas is losing Fortune 500 companies, and California is gaining them. Becasue California is creating businesses, while Texas is getting the crumbs. :) ReplyShare2 replies66 129 days ago Jay Cutcher Thats why CAs population and number of jobs has gone down, while TXs has gone up. ReplyShare1 reply40 129 days ago Nat Review Nope. California is gaining population faster than the national average: quickfacts.census.gov/qfd/states/06000.html And adding jobs faster than the national average: ppic.org/main/blog_detail.asp?i=1479 Oooh, that must sting, Jay! Hating on the Golden State and got slapped by facts. ReplyShare43 129 days ago Paul King Huh oh, this is going to make our local liberals very angry. Jim? Paula? B G W? Patrick? ReplyShare2 replies52 129 days ago Mike H Paul you are absolutely correct, you notice those people dont come on articles that talk about how great Texas is doing, its like vampires avoiding sunlight and holy water. LOL. This of course is great news for Texans. I love it when we see things like this because I know our state is trying to help everyone have a shot at making a good life for themselves, not just a hand out to get from week to week but a good life where you can prosper if you are willing to work hard and apply yourself. no hand outs but a great hand up. its how it should be in the rest of the country as well, sadly its not. ReplyShare32 129 days ago Mark dont forget Jacklynn Frost who will be on here praising Obama. ReplyShare41 129 days ago Mike H This is exactly why the liberals have no shot in Texas. Companies are flocking to Texas and leaving places like Calf. ( before anyone comes back and says uh huh, ask Toyota as a very recent example) The liberals would shut down Texas for growth and the majority of Texanss know this. The economy is good, jobs are available, houses can be bought for a reasonable price, we have good, common sense conservative leadership at the helm, why would anyone want to make a change other than just to give all this away. Now granted if the liberals have their way, we will be broke, jobless and looking like Detroit in just a few years, I dont think the majority of Texans are going to allow that to happen. ReplyShare2 replies44 129 days ago El Camino Mike, read and weep. Texas is losing Fortune 500 companies. You had more in 2006. archive.fortune/magazines/fortune/fortune500/states/T.html#TX ReplyShare1 reply34 129 days ago Mike H EL as long as we continue creating business friendly policies, our growth is only going to continue increasing, sorry if that makes you weep. deal with it. ReplyShare10 129 days ago Bela Valentine Actually California has 54 fortune 500 companies, not 52. ReplyShare2 replies23 129 days ago José not for long... some of them have a u-haul truck already parked up front.. ReplyShare1 reply52 129 days ago Richard Lewis You beat me to it. I was going to say the missing two are on their way to Texas, as we speak. ReplyShare41 Post navigation← Previous Next → ARCHIVES ABOUT THIS BLOG Daily breaking news alerts from the Business staff of The Dallas Morning News. VIDEO GENERAL BUSINESS STORIES With Alibaba’s big debut, 10 things to know Ted Strauss, hub of Dallas connections Business costs in 2015 CATEGORIES STAY CONNECTED Follow Dallas News on Instagram Follow Dallas News on Tumblr MOBILE Get dallasnews on your mobile device NEWSLETTERS Subscribe to a variety of newsletters
Posted on: Thu, 09 Oct 2014 11:25:10 +0000
Trending Topics
Recently Viewed Topics
© 2015