Twenty-one companies on the 2018 Fortune 500 list are headquartered in the Houston metro area, ranking Houston fourth in the country behind New York (74), Chicago (35) and Dallas-Ft. Worth (22). The Houston region is home to 44 companies on the Fortune 1000 list.
The biggest movers from 2017 to 2018 are Anadarko Petroleum which moved up from #344 ($7.8 billion) to #257 ($11.9 billion), EOG Resources up from #356 ($7.7 billion) to #270 ($11.2 billion), and Targa Resources up from #402 ($6.7 billion) to #334 ($8.8 billion).
Houston lost one contender from the list, Baker Hughes, GE company, due to insufficient data.
Houston added two companies to its Fortune 500 roster this year: Westlake Chemical and Cheniere Energy. Westlake Chemical moved from #507 ($5.1 billion) in ’17 to #352 ($8.0 billion) in ’18. Cheniere Energy entered the list for the first time at #489 ($5.6 billion).
Patrick Jankowski, CERP
Senior Vice President, Research
713-844-3616
pjankowski@houston.org
Nadia Valliani
Manager, Research
713-844-3654
nvalliani@houston.org
