Fortune 500 Top 10 companies: Who’s the new No. 1?

Fortune has released its annual list of the largest corporations in the United States, and there were a few notable changes in this year’s group. Here are the Top 10.

3. Chevron

Ben Margot/AP/File
A Chevron flag flies over the Chevron refinery in Richmond, Calif.

Headquarters: San Ramon, Calif.

Revenue: $233.9 billion

Profit: $26.2 billion

2012 rank: 3

Chevron (once part of John Rockefeller's Standard Oil Co.) is the country’s second-largest oil company and one of the biggest operators of deep-water wells in the Gulf of Mexico. It has also become active in acquiring natural gas drilling rights in the Marcellus Shale formation in Pennsylvania. The company, maintains its No. 3 Fortune 500 ranking by a wide margin. Its profit margin, $26.2 billion, was the second-largest in company history. Chevron earned $26.9 billion in 2011. 

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Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

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