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Three Austin area companies featured in Fortune 500 after impressive showing across Texas

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Three Austin area companies featured in Fortune 500 after impressive showing across Texas


As Austin continues to rise to prominence on the national stage, so too does its presence on lists like Forbes’ Fortune 500. 

The last decade has seen the city’s tech environment continue to flourish, garnering the nickname “Silicon Valley of the South.” As a result, Austin now is home to three tech companies in the Fortune 500. 

Here are the three Austin-Area companies that featured on the list of revenue giants, plus a look at how other Texas metros performed on the 2024 edition of the Fortune 500.

Austin-Area features three tech titans in Fortune 500

Austin icon Dell Technologies, now headquartered in Round Rock, slotted in at 48 on the Fortune 500. In the last year, Dell posted a revenue of $88 billion.

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Perhaps the most notable Austin HQ’d company, Tesla, was also the highest-ranked company on the Fortune 500. The most valuable car company in the world produced a revenue of $96.7 billion in 2023, this is an 18.8% increase from the prior year. 

Lastly, computer software company, Oracle, placed 89th on the list after generating a revenue of $49.9 billion in 2023 — $7 more than the company earned in 2022. The Austin transplant, which moved to the city in 2020, has posted record number in almost every year since moving to Texas’ capital.

While Oracle is currently located in Austin, it announced in April that it plans to move its headquarters to Nashville.

Texas metros boast a strong showing in Fortune 500

This year Texas was dethroned as the top state on the list. The Lone Star state’s West Coast rival, California, was featured 57 times in the 2024 edition of the Fortune 500. This is the first time since 2014 that the Golden State has topped the list, according to Fortune. Texas and New York tie for second, both with 52 companies.

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Houston was a stand-out city for Texas as it featured the third most Fortune 500 companies on the list, with 21 entries, led by oil giants like Phillips 66 and ConocoPhillips. San Antonio was featured just twice on the list, but it contributed one of Texas’ highest-ranked companies — Valero Energy. 

The Dallas-Fort Worth area was a big winner on the list. Despite multiple years of rocky headlines related to mass flight cancelations, Southwest Airlines found itself in the top 200. In Fort Worth, another airline featured as American Airlines, one of the highest-rated airlines in the country, came in at 86. 

The DFW as a whole featured 10 total companies, nine of which Dallas contributed. 

Fortune 500: Top 20 Texas companies

Below are the top Texas companies that made the Fortune 500 list and their rank:

  • 7: Exxon Mobil
  • 9: McKesson
  • 26: Phillips 66
  • 29: Valero Energy
  • 32: AT&T
  • 40: Tesla
  • 48: Dell Technologies
  • 51: Energy Transfer
  • 54: Sysco
  • 59: Caterpillar
  • 68: ConocoPhillips
  • 86: American Airlines Group
  • 89: Oracle
  • 90: Enterprise Products Partners
  • 92: Plains GP Holdings
  • 103: USAA
  • 120: D.R. Hortom
  • 137: HF Sinclair
  • 138: CBRE Group
  • 147: Hewlett Packard Enterprise

Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. To share additional tips or insights with Salgado, email Bsalgado@gannett.com.



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Austin, TX

No. 2 national seed Texas blows early lead to UTSA, falls to losers’ bracket in Austin

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No. 2 national seed Texas blows early lead to UTSA, falls to losers’ bracket in Austin


AUSTIN, Texas (AP) — James Taussig went 4 for 4 with a double and two RBIs to help UTSA send No. 2 overall seed Texas to the losers’ bracket with a 9-7 come-from-behind victory at the Austin Regional on Saturday night.

Host Texas (43-13) will play No. 3 seed Kansas State in an elimination game Sunday. The winner would have to beat the Roadrunners (46-13) Sunday night and again on Monday to advance to the super regionals.

The Longhorns scored five runs in the third inning off UTSA starter Conor Myles and reliever Connor Kelley to take a 6-1 lead.

Nathan Hodge had a two-run single and Taussig doubled in the final of four runs in the fifth as the Roadrunners pulled within 6-5.

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Hodge and Mason Lytle had RBI singles before Garrett Gruell doubled in a run as UTSA scored three more times in the sixth to grab an 8-6 lead.

Rylan Galvan hit a solo homer in the seventh to get the Longhorns within a run, but Taussig delivered a ninth-inning insurance run with a two-out single after Lytle’s one-out double.

Kendall Dove (3-0) got the win with a scoreless fifth inning. Braylon Owens pitched the final four innings and allowed a run on a hit and four walks for his third save.

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Max Grubbs (6-2) was saddled with the loss after allowing two runs in 1 1/3 innings in relief of starter Luke Harrison, who yielded five runs — two earned — in 4 1/3.

Texas softball beats 4-time defending champions Oklahoma at Women’s College World Series

Oklahoma remains alive in the double-elimination format and will play Oregon in an elimination game on Sunday.

Texas Longhorns logo.
No. 2 Texas Longhorns ride big inning past Houston Christian for win in Austin Regional

The No. 2 national seed Longhorns plated five runs in the fifth inning to beat the Huskies.

Find more Texas coverage from The Dallas Morning News here.



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Who will Texas baseball play Saturday in NCAA Austin Regional? Opponent, schedule set

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Who will Texas baseball play Saturday in NCAA Austin Regional? Opponent, schedule set


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Texas baseball took an expected-but-necessary first step toward a College World Series appearance and a potential national championship Friday, knocking off Houston Christian 7-1 in the first game of the Austin Regional in the 2025 NCAA tournament.

Now, a new challenge awaits for coach Jim Schlossnagle’s team.

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The Longhorns, the No. 2 national seed, will take on in-state foe UTSA in the second game of the regional they’re hosting at UFCU Disch-Falk Field in Austin, Texas.

A win against the Roadrunners, who beat Kansas State 10-2 Friday, would be far from a guarantee. Texas and UTSA faced off on March 18 in Austin, with the Longhorns getting handed an 8-7 loss in 12 innings in Austin, one of only four losses they suffered outside of SEC play this season.

With another victory, Texas will further enhance its position to make the super regional round of the NCAA tournament for the fourth time in the past four years, as it would be the only team left in the double-elimination Austin Regional without a loss.

Watch Texas baseball in the Austin Regional live with ESPN+

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What channel is Texas baseball vs UTSA on?

Texas’ game against UTSA is not airing on traditional linear television. Instead, it’s being shown exclusively on ESPN+, ESPN’s subscription streaming platform.

Texas baseball vs UTSA start time

  • Date: Saturday, May 31
  • Time: 9 p.m. ET
  • Location: UFCU Disch-Falk Field (Austin, Texas)

The first pitch between Texas baseball and UTSA is scheduled for 9 p.m. ET on Saturday, May 31, though the start time could be pushed back if preceding NCAA tournament games go longer than scheduled.

NCAA baseball tournament schedule

  • Regionals: May 30-June 2
  • Super Regionals: June 6-9
  • College World Series: June 13-22/23

Texas baseball schedule 2025

Here’s a look at Texas’ past five results. To see the Longhorns’ full 2025 schedule, click here.

  • Thursday, May 15: Texas 7, Oklahoma 4
  • Friday, May 16: Oklahoma 8, Texas 6
  • Saturday, May 17: Texas 9, Oklahoma 1
  • Thursday, May 22: No. 21 Tennessee 7, Texas 5 (12 innings)*
  • Friday, May 30: Texas 7, Houston Christian 1**

* SEC tournament

** NCAA tournament



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Dierks Bentley at Moody Center in Austin, TX – Loud Hailer Magazine

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Dierks Bentley at Moody Center in Austin, TX – Loud Hailer Magazine


Country star Dierks Bentley lit up Austin’s Moody Center with high-energy charm and heartfelt hits on his Broken Branches North American Tour stop.

Dierks Bentley is an American country music singer and songwriter from Phoenix, Arizona. Since the early 2000s, Bentley has been releasing music. Both of his first studio albums released are certified Platinum in the U.S. and 27 of his singles have been on Hot Country Songs and Country Airplay charts; 18 of which have reached #1. Bentley’s last album was released in 2023, Gravel & Gold. He is set to release a new album, Broken Branches,  on June 13. The album will feature country artists such as Miranda Lambert and John Anderson. 

The first of two artists opening for Dierks Bentley was The Band Loula. The Band Loula is a duo from Georgia. Their style is described as “swampgrass,” combining bluegrass and modern country. The duo is made up of Malachi Mills and Logan Simmons, who have been lifelong friends. The two have toured with major stars, including Brothers Osborne, Ashley McBryde, and Elle King. In May, they released their latest single, “Can’t Please ‘Em All.” During their set, they performed haunting songs such as “Running Off The Angels” and an unreleased song speculated to be titled “Karma Is The Devil.”

After The Band Loula, growing country musician Zach Top took to the stage. Zach Top has flown up the charts with hits such as “I Never Lie” and “Sounds Like the Radio.” Originally from Washington, Top moved to Nashville to begin building a career in music, especially being interested in country and bluegrass genres. His first self-titled debut EP, released in 2022, contained more bluegrass-style tracks compared to his latest album. In April 2024, he released his album Cold Beer & Country Music.

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He opened his set with “Sounds Like the Radio” and “The Kinda Woman I Like.” Early in the show, while Top was introducing himself, he told the crowd that he would play a few songs he wrote and a few he didn’t. Mid-set, Top and his band performed an amazing cover of George Strait’s “Amarillo by Morning.” He closed his set with the title track from Cold Beer & Country Music.

At around 9 PM, Dierks Bentley and his band came onto the stage to open up the first show on The Broken Branches Tour. He opened his set with “Gold,” a 2022 single, also featured on his album Gravel & Gold (2023). During the opening, Bentley and his band walked to the edge of the short catwalk in the center of the stage to perform together. It was obvious the group was close-knit from the way they interacted and hyped each other up on stage. Afterward, they performed other hits such as “I Hold On” from Riser (2014) and “Burning Man” from The Mountain (2018) that originally featured Brothers Osborne.

As the set came to a close, he played a fan favorite, one of his first chart-topping songs, “What Was I Thinkin’” from his 2003 debut self-titled album. For his encore, he performed “Drunk on a Plane” and a few other songs to bring his set to an end. Dierks Bentley’s The Broken Branches Tour will continue through the end of August. 

DIERKS BENTLEY
Website  Facebook  X

ZACH TOP
Website  Facebook  X

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THE BAND LOULA
Website  Facebook   

MOODY CENTER
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