Saudi Aramco
In December 2019, Saudi Aramco made its much-anticipated debut on the Saudi Stock Exchange, becoming the world’s largest initial public offering on record. It reached a market capitalization of $2 trillion just days after its listing. The company’s landmark IPO showcased what many have long suspected: Aramco, the most profitable company in the world, netted $88 billion in total profits last year. In 2020, the company has reckoned with an oil crash amid the pandemic, but rising demand in China and hopes of a limited second wave of the pandemic had Aramco Chief Executive Amin Nasser believing in June that “the worst" is behind the company.
Stanislav Krasilnikov—TASS/Getty Images
Company Information
As of 8/3/2022
Country
Saudi Arabia
Headquarters
Dhahran, Saudi Arabia
Industry
Mining, Crude-Oil Production
CEO
Amin H. Nasser
Website
Company Type
Public
Ticker
-
Revenues ($M)
$400,399.1
Profits ($M)
$105,369.1
Market Value ($M)
$2,269,100
Employees
68,493
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$400,399.1
74.3%
Profits ($M)
$105,369.1
113.8%
Assets ($M)
$576,133.5
-
Total Stockholder Equity ($M)
$296,568
-
Profit Ratios
Profit as % of Revenues
26.3%
Profits as % of Assets
18.3%
Profits as % of Stockholder Equity
35.5%
Lists ranking Saudi Aramco
Latest news for Saudi Aramco
The world’s biggest oil company just doubled its profits, and now it’s planning to produce even moreMarch 21, 2022, 9:37 PM UTC
BlackRock finds there’s room for a $15.5 billion Aramco gas pipeline in its climate pledgeDecember 7, 2021, 4:21 PM UTC- Newsletters
Global stocks waver, crypto rises as U.S. reopening and Pfizer pill make travel possible againNovember 8, 2021, 10:32 AM UTC
