SINGAPORE, Aug. 20, 2012 /PRNewswire/ -- Platts, a leading global provider of energy, petrochemicals and metals information, will announce its annual Top 250 Global Energy Company Rankings™ on October 23 at an awards dinner during Singapore International Energy Week, an annual week-long series of events addressing pertinent energy issues.
"Our Top 250 roster is a respected hallmark of financial performance in the energy sector," said Larry Neal, president of Platts. "Not only do energy companies hold it in high regard, looking to see where they rank year in and year out, but it has also become an important resource for the investment community."
The 2012 Platts Top 250 Global Energy Company Rankings will reflect the growth and changes in publicly held energy companies in fiscal year 2011, based on a combination of four financial factors: asset worth, revenues, profits and return on invested capital. The list also ranks companies by industry sector and names the 50 fastest-growing companies.
On the 2011 roster, China's leading oil and gas company Petrochina Company Limited became the first Asian company to move into a top-five slot. U.S. giant Exxon Mobil Corp. retained the number-one spot for the seventh consecutive year and BRIC (Brazil, Russia, India, China) companies showed rapid advancement within the ranks. Click here for the full 2011 Platts Top 250 Rankings.
"We're looking forward to celebrating this year's energy companies' achievements and honoring Asia's market movers at our seventh annual awards dinner in Singapore this October," said Patsy Wurster, director, Platts Strategic Media, and organizer of the event.
The Rankings, now in their 11th year, will be announced at the Platts Top 250 Asia Awards Dinner at the Marina Bay Sands-Singapore, and are expected to draw the attendance of more than 300 energy executives from the Asia-Pacific region. Recognition will highlight financial achievement, advancement within the industry ranks, and leadership in nine energy sectors: diversified utilities, electric utilities, gas utilities, independent power producers, coal and consumable fuels, integrated oil and gas, refining and marketing, exploration and production, and storage and transportation.
For more information on dinner sponsorship and table reservations, click here. Attendance is open to all companies with business interests in Asia and to energy companies worldwide. Accredited media may attend as guests with advanced registration. Television cameras are welcome.
About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals and metals information and a premier source of benchmark prices for the physical and futures markets. Platts news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help the markets operate with greater transparency and efficiency. Customers in more than 150 countries benefit from Platts' coverage of the carbon emissions, coal, electricity, oil, natural gas, metals, nuclear power, petrochemical, and shipping markets. A division of The McGraw-Hill Companies (NYSE: MHP), Platts is headquartered in New York with more than 900 employees in 15 offices worldwide. Additional information is available at http://www.platts.com.
About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.