SEC annual filings · Electric, gas and sanitary services

Which companies in electric, gas and sanitary services have the most revenue in the SEC data we read?

In 2025, 101 companies in electric, gas and sanitary services that have had revenue of one billion dollars or more are ranked; Energy Transfer LP reported the most, $85.5 billion. The newest annual report in the data is for the fiscal year ended .

Revenue of the ten largest companies in electric, gas and sanitary services, 2025

The largest first, each bar from zeroAs filed with the SEC

Revenue in 2025 of the ten largest companies in electric, gas and sanitary services Energy Transfer LP: $85.5B; Enterprise Products Partners L.P.: $52.6B; ONEOK Inc: $33.6B; Duke Energy Corp: $32.2B; NRG Energy, Inc.: $30.7B; Southern Co: $29.6B; NextEra Energy Inc: $27.4B; Berkshire Hathaway Energy Co: $26.2B; Constellation Energy Corp: $25.5B; Waste Management Inc: $25.2B Energy Transfer LP $85.5B Enterprise Products Partners L.P. $52.6B ONEOK Inc $33.6B Duke Energy Corp $32.2B NRG Energy, Inc. $30.7B Southern Co $29.6B NextEra Energy Inc $27.4B Berkshire Hathaway Energy Co $26.2B Constellation Energy Corp $25.5B Waste Management Inc $25.2B Revenue in 2025 of the ten largest companies in electric, gas and sanitary services Energy Transfer LP: $85.5B; Enterprise Products Partners L.P.: $52.6B; ONEOK Inc: $33.6B; Duke Energy Corp: $32.2B; NRG Energy, Inc.: $30.7B; Southern Co: $29.6B; NextEra Energy Inc: $27.4B; Berkshire Hathaway Energy Co: $26.2B; Constellation Energy Corp: $25.5B; Waste Management Inc: $25.2B Energy Transfer LP $85.5B Enterprise Products Partners L.P. $52.6B ONEOK Inc $33.6B Duke Energy Corp $32.2B NRG Energy, Inc. $30.7B Southern Co $29.6B NextEra Energy Inc $27.4B Berkshire Hathaway Energy Co $26.2B Constellation Energy Corp $25.5B Waste Management Inc $25.2B

Each bar is the revenue of one company for its fiscal year in 2025, as it filed it. The whole ranking is under "The numbers behind the chart".

Observed .

Right now

Energy Transfer LP reported the most revenue in 2025, $85.5 billion.

101 companies in electric, gas and sanitary services are ranked for 2025.

See the ranked companies of the group

Share of revenueOurs

Together they reported $988.8 billion of revenue, 3.9% of the revenue of all $25.2 trillion reported by the ranked companies.

As filed

Facts as filed with the SEC, and our arithmetic on them. Not investment advice.

Total assets are the figure the SEC data holds for the fiscal year end; a dash can mean the data holds a balance of another date.

Understanding the ranking

Where it stands today

Energy Transfer LP reported $85.5 billion, the most in 2025.

How is the ranking made?

The ranking lists companies by the revenue they filed with the SEC for their fiscal year in 2025, the largest first.

Read more

A company is in the ranking when its latest annual report shows revenue of one billion dollars or more, and stays in it afterwards. A company that has stopped filing keeps its page and is not ranked.

The numbers behind the chart

Which companies in electric, gas and sanitary services reported the most revenue?101 companies
Companies by revenue in 2025, the largest first (dollars as filed)
CompanyRankSymbolRevenueProfit or lossTotal assets
Energy Transfer LP1ET$85.5B$4.43B$141B
Enterprise Products Partners L.P.2EPD$52.6B$5.81B$77.9B
ONEOK Inc3OKE$33.6B$3.39B$66.6B
Duke Energy Corp4DUK$32.2B$4.97B$196B
NRG Energy, Inc.5NRG$30.7B$864M$29.1B
Southern Co6SO$29.6B$4.34B$156B
NextEra Energy Inc7NEE$27.4B$6.83B$213B
Berkshire Hathaway Energy Co8–$26.2B$4.07B$148B
Constellation Energy Corp9CEG$25.5B$2.32B$57.2B
Waste Management Inc10WM$25.2B$2.71B$45.8B
PG&E Corp11PCG$24.9B–$142B
Exelon Corp12EXC$24.3B–$117B
American Electric Power Co Inc13AEP$21.9B–$114B
Cheniere Energy, Inc.14LNG$20.0B$6.79B$47.9B
Edison International15EIX$19.3B$4.46B$94.0B
Republic Services, Inc.16RSG$19.0B$2.14B$34.4B
Vistra Corp.17VST$17.7B$944M$41.5B
Consolidated Edison Inc18ED$17.0B–$74.6B
Targa Resources Corp.19TRGP$17.0B$1.92B$25.2B
Kinder Morgan, Inc.20KMI$16.9B$3.06B$72.7B
Dominion Energy, Inc21D$16.5B$3.00B$116B
DTE Energy Co22DTE$15.8B$1.46B$54.1B
FirstEnergy Corp23FE$15.1B$1.02B$55.9B
Williams Companies, Inc.24WMB$14.9B$2.62B$58.6B
Xcel Energy Inc25XEL$14.7B$2.02B$81.4B
Show 76 more rows
Companies by revenue in 2025, the largest first (dollars as filed) (continued)
CompanyRankSymbolRevenueProfit or lossTotal assets
Venture Global, Inc.26VG$13.8B–$53.4B
Sempra27SRE$13.7B$1.84B$111B
Tennessee Valley Authority28TVE$13.7B$1.36B–
Eversource Energy29ES$13.5B–$63.8B
Entergy Corp30ETR$12.9B–$71.9B
AES Corp31AES$12.2B$910M$51.8B
Public Service Enterprise Group Inc32PEG$12.2B$2.11B$57.6B
Cheniere Energy Partners, L.P.33CQP$10.8B$2.99B$17.4B
Sabine Pass Liquefaction, LLC34–$10.6B$2.53B$13.8B
WEC Energy Group, Inc.35WEC$9.80B–$51.5B
Waste Connections, Inc.36WCN$9.47B$1.08B$21.1B
CenterPoint Energy Inc37CNP$9.36B$1.05B$46.5B
PPL Corp38PPL$9.17B$1.18B$45.2B
Ameren Corp39AEE$8.80B–$48.5B
CMS Energy Corp40CMS$8.54B$1.07B$39.9B
UGI Corp41UGI$7.29B$678M–
Oncor Electric Delivery Co LLC42–$6.78B$1.07B$47.8B
NiSource Inc.43NI$6.52B$930M$35.9B
Cheniere Corpus Christi Holdings, LLC44–$6.50B$4.30B$24.3B
Northern States Power Co (MN)45–$6.31B$904M$31.0B
Clean Harbors Inc46CLH$6.03B$391M$7.62B
Evergy, Inc.47EVRG$5.96B$856M$33.9B
Public Service Co of Colorado48–$5.66B$678M$31.8B
Puget Energy Inc49–$5.42B$369M$20.9B
Pinnacle West Capital Corp50PNW$5.34B–$30.0B
American Water Works Company, Inc.51AWK$5.14B$1.11B$35.4B
Essential Utilities, Inc.51WTRG$5.14B$1.11B$19.5B
Atmos Energy Corp53ATO$4.70B$1.20B–
Wisconsin Electric Power Co54WELPP$4.49B–$19.7B
Alliant Energy Corp55LNT$4.36B$810M$25.0B
Western Midstream Partners, LP56WES$3.84B$1.18B$15.0B
Portland General Electric Co57POR$3.58B–$13.2B
OGE Energy Corp.58OGE$3.26B$471M$14.4B
NGL Energy Partners LP59NGL$3.16B−$142M–
Tampa Electric Co60–$3.12B$607M$14.1B
Hawaiian Electric Industries Inc61HE$3.09B$123M$8.92B
Centuri Holdings, Inc.62CTRI$2.98B$22.4M$2.41B
Jersey Central Power & Light Co63–$2.64B$306M$55.9B
Talen Energy Corp64TLN$2.58B−$219M$10.9B
Oglethorpe Power Corp65–$2.54B$55.4M$17.1B
Spire Inc66SR$2.48B$272M–
Algonquin Power & Utilities Corp.67AQN$2.43B$181M$14.1B
Black Hills Corp68BKH$2.31B$292M$10.9B
Boardwalk Pipeline Partners, LP69–$2.31B$595M$10.5B
National Fuel Gas Co70NFG$2.28B$519M–
TXNM Energy Inc71TXNM$2.17B$170M$12.1B
New Jersey Resources Corp72NJR$2.04B$336M–
Avista Corp73AVA$1.96B$193M$8.36B
Southwest Gas Holdings, Inc.74SWX$1.94B$440M$10.4B
IPALCO Enterprises, Inc.75–$1.93B$87.1M$7.76B
MDU Resources Group Inc76MDU$1.88B$190M$7.62B
Wisconsin Public Service Corp77–$1.84B$294M$8.05B
Casella Waste Systems Inc78CWST$1.84B$7.87M$3.30B
FirstEnergy Transmission, LLC79–$1.82B$502M$13.9B
Idacorp Inc80IDA$1.81B$323M–
ITC Holdings Corp.81–$1.79B$519M$14.8B
Kinetik Holdings Inc.82KNTK$1.76B$526M$7.10B
Tucson Electric Power Co83–$1.69B$283M$8.14B
NorthWestern Energy Group, Inc.84NWE$1.61B$181M$8.46B
Tri-State Generation & Transmission Association, Inc.85–$1.60B$20.1M$5.24B
New Fortress Energy Inc.86NFE$1.50B−$1.83B$10.6B
Archrock, Inc.87AROC$1.49B$322M$4.35B
Clearway Energy LLC88–$1.43B$384M$16.4B
Clearway Energy, Inc.88CWEN$1.43B$169M$16.7B
Old Dominion Electric Cooperative90–$1.33B$48.7M$2.38B
Cleco Corporate Holdings LLC91–$1.33B–$7.88B
Kodiak Gas Services, Inc.92KGS$1.31B$80.5M$4.32B
Otter Tail Corp93OTTR$1.30B$276M$3.96B
Northwest Natural Holding Co94NWN$1.29B$113M$6.17B
DT Midstream, Inc.95DTM$1.24B$441M$10.1B
Excelerate Energy, Inc.96EE$1.23B$167M$4.13B
Northern States Power Co (WI)97–$1.22B$158M$4.66B
Antero Midstream Corp98AM$1.19B$418M$5.88B
XPLR Infrastructure, LP99XIFR$1.19B−$28.0M$19.6B
DPL LLC100–$1.07B$21.0M$3.78B
Dayton Power & Light Co101–$1.06B$50.6M$3.73B

The table scrolls sideways; the first column stays in place.

What does the ranking leave out, and where is it from?Limits and source

What this number cannot tell you

  • Only companies with a revenue figure for the ranking year that passes our checks are ranked, the largest first; equal figures share a rank.
  • A company's figures are its own. A company that files together with a parent or a subsidiary is ranked on its own figure, so the same business can appear twice, and a sum of revenue counts it twice.
  • Total assets are shown only when the SEC data dates them within ten days of the fiscal year end, and profit only when its period ends within sixty days of it.
  • A dash is a gap. Either the company did not report that figure for that year, the figure failed one of our checks and is not shown, or the SEC data holds it for another date or period than the year asks for. The dash says which when it is pointed at.

Observed .

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