Texas and Houston Maintain Their Leadership in Fortune 500 Headquarters

Texas has once again solidified its position as the leading state with the most Fortune 500 headquarters, while Houston continues to spearhead the largest concentration of these corporate powerhouses in the state.

With an impressive tally of 55 prominent companies choosing Texas as their home base, it is evident that the state’s business-friendly environment and thriving workforce have been instrumental in attracting and nurturing influential entities.

In addition, the greater Houston metro area stands as the third–largest hub of Fortune 500 headquarters in the nation, boasting a remarkable total of 25 corporate giants. Following closely behind Houston, the Dallas–Fort Worth–Arlington metro area secures the third position with 24 Fortune 500 headquarters.

“Texas is the headquarters of headquarters,” said Governor Greg Abbott. “With our strong and growing workforce and welcoming business climate, Texas is where businesses find the freedom to flourish and people find opportunities to prosper.”

The annual Fortune 500 list serves as a crucial benchmark for corporate success and economic influence, ranking the largest U.S. corporations based on their fiscal year revenue. Achieving the top spot on this prestigious list reaffirms Texas’ and Houston’s pivotal roles as key players in both the national and global economies.

Here is a list of Fortune 500 firms based in the Houston area, along with their respective rankings:

• 3 – ExxonMobil – Not on Fortune 500’s 2023 list, but HQ relocation to Spring, TX is expected to be completed in 2023.* 
• 17 – Phillips 66
• 49 – ConocoPhillips
• 56 – Sysco
• 72 – Enterprise Products Partners
• 74 – Plains GP Holdings
• 110 – Occidental Petroleum
• 122 – Cheniere Energy
• 130 – NRG Energy
• 143 – Hewlett Packard Enterprise
• 156 – EOG Resources
• 185 – Baker Hughes
• 188 – Targa Resources
• 197 – Halliburton
• 204 – Waste Management
• 214 – Kinder Morgan
• 244 – Quanta Services
• 252 – Group 1 Automotive
• 263 – Westlake
• 275 – Southwestern Energy
• 341 – APA
• 413 – CenterPoint Energy
• 431 – Coterra Energy
• 433 – Huntsman
• 464 – Marathon Oil
• 492 – Par Pacific Holdings

See the full 2023 Fortune 500 list.