News Column

The 500's Top Energy Companies

June Issue

Patricia Marroquin--HispanicBusiness.com

HB500, top companies, energy sector, hispanic business

Amid a recession and unsteady markets, HispanicBusiness' Top 10 Energy Companies have found ways to cope and thrive.

For the first time in the 27-year history of the HispanicBusiness 500 list of top Hispanic-owned companies, HispanicBusiness Magazine is highlighting a new sector: energy.

Like most other business sectors, energy as a whole has been hard-hit over the past year.

For the fourth quarter of 2008, the 12 major energy companies in the U.S. reported net income of $5.8 billion on revenues of $236.1 billion, according to statistics from the U.S. government's Energy Information Administration. This is a 78 percent decrease from the fourth quarter of 2007.

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