Extractive Sector Companies Listed on Global Stock Exchanges
As countries develop rules requiring oil, gas and mining companies to disclose key financial data on a country by country basis, Revenue Watch has researched 35 global stock exchanges, to document the significance of these companies in global financial markets.
In many developing countries, natural resources account for the largest share of exports and revenue, but too often resource wealth also brings problems that actually hinder development. Oil and mining windfalls can slow the growth of other industries, and secrecy regarding company payments to governments can enable large-scale embezzlement and corruption.
In July 2010, the United States took an historic step toward addressing these issues by passing the Dodd-Frank Financial Reform Act. A provision of the law requires companies engaged in oil, gas and mining activities and registered with the U.S. Securities and Exchange Commission to publicly disclose any payments they make to governments, country by country and project by project. Recognizing the power of such regulations, other jurisdictions throughout the world are now developing similar or expanded legislative proposals.
Our research identified publicly traded oil, gas and mining companies worldwide. The findings provide a global snapshot of extractive sector public capital, showing the significance of the sector in these financial markets and which extractive companies will be covered by the SEC regulations.
The following charts show the number of companies and the extractive sector value represented on each exchange, and global shares of sector value by stock exchange.
Download the full RWI report above, or use our interactive global calculator to compare the value of oil, gas and mining companies on the largest stock exchanges and see the financial stakes of improved transparency rules.
|
|
||||
|---|---|---|---|---|
|
Exchange/Exchange Group
|
Total # of Listed Companies
|
Total # of Extractive Companies
|
Extractive Sector Market Cap (€)
|
% of World Extractive Sector Market Cap
|
| US Exchanges (3) |
5030
|
503
|
2,018,375,209,241
|
32.67
|
| Deutsche Börse - Frankfurt |
—
|
2,083
|
685,504,376,580
|
11.10
|
| TSX Toronto (TMX Group) |
3894
|
543
|
622,869,565,957
|
10.08
|
| London SE Group (London and Italy) |
2918
|
363
|
572,793,828,258
|
9.27
|
| Australian SE |
2019
|
1,041
|
306,247,953,498
|
4.96
|
| Shanghai SE |
921
|
86
|
298,392,538,544
|
4.83
|
| Johannesburg SE |
400
|
75
|
264,348,302,430
|
6.35
|
| National Stock Exchange India |
1615
|
153
|
259,610,594,442
|
4.20
|
| BM&FBOVESPA Brazil |
377
|
91
|
205,798,329,760
|
3.33
|
| NYSE Euronext (Amsterdam, Brussels, Lisbon, Paris) |
1133
|
88
|
168,325,990,704
|
2.72
|
| Hong Kong Exchanges |
1463
|
104
|
166,376,624,938
|
2.69
|
| Russian MICEX |
249
|
57
|
161,027,091,506
|
2.61
|
| Tokyo SE Group |
2281
|
84
|
129,961,802,585
|
2.10
|
| Shenzhen SE |
1352
|
79
|
105,353,392,128
|
1.71
|
| Oslo Børs |
241
|
69
|
94,923,890,659
|
1.54
|
| Korea Exchange |
1810
|
68
|
82,328,670,613
|
1.33
|
| NASDAQ OMX Nordic Exchanges (Copenhagen, Helsinki, Iceland, Stockholm, Tallinn, Riga, Vilnius) |
768
|
40
|
19,178,857,054
|
0.31
|
| SIX Swiss Exchange |
280
|
16
|
15,099,375,930
|
0.24
|
| Bombay SE |
5086
|
133
|
1,607,604,436
|
0.03
|
| BME Spanish Exchanges (Madrid, Bilbao, Barcelona, Valencia) |
3281
|
2
|
—
|
0.00
|
|
Sum of Non-U.S. Exchanges Extractive Sector Market Capitalization
|
€4,159,748,790,021
|
|||
|
Total Extractive Sector Market Capitalization
|
€6,178,123,999,262
|
|||
Source: World Federation of Exchanges, Bloomberg, exchange websites and Revenue Watch calculations.
Note: All report and calculator data were updated in October, 2011 based on financial data and exchange rates as of August 1, 2011, and on new calculations to account for the cross-listing of some companies across multiple exchanges.
LEARN MORE
- Dodd-Frank: The Facts About Disclosure Requirements
- Listing Rules: New G8 Commitment Opens Door for EU and G20 Action on Company Disclosure
- Breakthrough in UK Signals Important Step for Global Corporate Reporting Campaign
- U.S. Financial Reform Sets New Standard for Energy and Mining Industry Transparency
