Welcome to the Chronicle 100
THE most challenging part of putting together the Chronicle 100 has been finding 100 companies in the Houston area that meet its criteria. The rankings, after all, are based on growth, and in a volatile economy we don’t always get it.
We tally total revenue, earnings-per-share growth, annual revenue growth and one-year total return to shareholders. We have S&P Global Market Intelligence crunch the data. And, well, we haven’t found 100 area companies since our 2015 report, which reflected results our region’s publicly traded oil companies achieved before the oil bust took its toll.
You’ve likely felt some of the pain directly, whether it was tumbling oil prices or Hurricane Harvey.
Things are getting better, though. The price of a barrel of oil has held steady in the mid- to upper $60s, and area companies continue benefiting from a strong national economy.
In 2017 — the year on which this report is based — we found 91 companies for the rankings. That’s up from 69 in 2016 and 81 in 2015.
We’re hoping that when we publish the next Chronicle 100 there will actually be 100 companies in the ranking.
Meantime, use this report as your guide to Houston’s biggest companies, both public and private. You’ll want to refer back to it during the next year as you generate sales leads, look for career opportunities or see how your competitors are doing.
And congratulations to the 91 companies that made the list.