turner's legacy

In final State of the City speech, Houston mayor addresses resiliency, energy transition efforts

"I am proud of the city that I shall pass forward." Photo courtesy of the city of Houston

For his eighth and final time, Mayor Sylvester Turner delivered the State of the City address last week, and he highlighted some of the gains within his tenure.

"We are greener, more compassionate, more united, and more forward-moving than we can ever imagine," says Mayor Turner. “What I can say to Houstonians is that I have given you my best, and I am proud of the city that I shall pass forward.”

At the event, which boasted a sold-out crowd of 1,500 Houstonians, Mayor turned announced some of the initiatives he's most proud of accomplishing and revealed release of “A Winning Legacy,” a book detailing his legacy.

“Together, we have faced many storms – seven federally declared disasters in eight years. From floods or a freeze, from a Super Bowl or the pandemic, we rose and met the challenges of our times,” says the mayor in his speech. “From inequities in neighborhoods investments to billions of dollars in pension unfunded liabilities, from One Safe Houston to One Clean Houston, we confronted each issue head on and set the city on firmer footing.”

Mayor Turner goes on to name the other storms that hit Houston during his tenure, and how resiliency and the energy transition became major themes of this office.

"We are the energy capital of the world," he says to the crowd. "We purchase more renewable energy than any other city in the United States. ... We lead the country in renewables."

In the address, Mayor Turner mentions his work on a project, announced last year, to convert a former landfill into a solar farm.

"The Sunnyside Solar Farm, which will be the largest urban solar farm in the country, will be operational by 2024," he says.

Mayor Turner wraps up his speech, which is available in its entirety on the city's YouTube page, with noting that he is leaving the next mayor — who will be decided in next month's election — with a $420 million surplus. When Mayor Turner was elected in 2015, the city had a $160 million deficit.

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A View From HETI

Twenty-six Houston-area companies landed on the latest Fortune 500 list. Photo via Getty Images

Houston maintained its No. 3 status this year among U.S. metro areas with the most Fortune 500 headquarters. Fortune magazine tallied 26 Fortune 500 headquarters in the Houston area, behind only the New York City area (62) and the Chicago area (30).

Last year, 23 Houston-area companies landed on the Fortune 500 list. Fortune bases the list on revenue that a public or private company earns during its 2024 budget year.

On the Fortune 500 list for 2025, Spring-based ExxonMobil remained the highest-ranked company based in the Houston area as well as in Texas, sitting at No. 8 nationally. That’s down one spot from its No. 7 perch on the 2024 list. During its 2024 budget year, ExxonMobil reported revenue of $349.6 billion, up from $344.6 billion the previous year.

Here are the rankings and 2024 revenue for the 25 other Houston-area companies that made this year’s Fortune 500:

  • No. 16 Chevron, $202.8 billion
  • No. 28 Phillips 66, $145.5 billion
  • No. 56 Sysco, $78.8 billion
  • No. 75 Conoco Phillips, $56.9 million
  • No. 78 Enterprise Products Partners, $56.2 billion
  • No. 92 Plains GP Holdings, $50 billion
  • No. 143 Hewlett-Packard Enterprise, $30.1 billion
  • No. 153 NRG Energy, $28.1 billion
  • No. 155 Baker Hughes, $27.8 billion
  • No. 159 Occidental Petroleum, $26.9 billion
  • No. 183 EOG Resources, $23.7 billion
  • No. 184 Quanta Services, $23.7 billion
  • No. 194 Halliburton, $23 billion
  • No. 197 Waste Management, $22.1 billion
  • No. 214 Group 1 Automotive, $19.9 billion
  • No. 224 Corebridge Financial, $18.8 billion
  • No. 256 Targa Resources, $16.4 billion
  • No. 275 Cheniere Energy, $15.7 billion
  • No. 289 Kinder Morgan, $15.1 billion
  • No. 345 Westlake Corp., $12.1 billion
  • No. 422 APA, $9.7 billion
  • No. 443 NOV, $8.9 billion
  • No. 450 CenterPoint Energy, $8.6 billion
  • No. 474 Par Pacific Holdings, $8 billion
  • No. 480 KBR Inc., $7.7 billion

Nationally, the top five Fortune 500 companies are:

  • Walmart
  • Amazon
  • UnitedHealth Group
  • Apple
  • CVS Health

“The Fortune 500 is a literal roadmap to the rise and fall of markets, a reliable playbook of the world's most important regions, services, and products, and an indispensable roster of those companies' dynamic leaders,” Anastasia Nyrkovskaya, CEO of Fortune Media, said in a news release.

Among the states, Texas ranks second for the number of Fortune 500 headquarters (54), preceded by California (58) and followed by New York (53).

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