According to companiesmarketcap.com, a list of the world’s largest companies by market capitalization which excludes non-publicly traded companies and updates rankings daily, Saudi Aramco has become the largest company, overtaking Apple. The Saudi company is now in the number one spot with a market cap at $2.38 trillion and Apple is in second place with a market cap of $2.30 trillion. Microsoft is in third place with a market cap of $1.90 trillion, Alphabet (Google) is in fourth place with a market cap of $1.48 trillion, and Amazon is in fifth place with a market cap of $1.08 trillion, according to the ranking. The next ranked oil and gas company is ExxonMobil in 16th place with a market capitalization of $364.67 billion. Chevron is the third ranked oil and gas company, in 22nd place overall, with a market cap of $323.62 billion, according to the ranking.