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2222.SRTadawul·Energy

Saudi Aramco

Saudi Aramco is the world's largest oil and gas company by production and reserves. It manages the majority of Saudi Arabia's hydrocarbon resources and is the most profitable company in the world by net income in most years.

Dhahran, Saudi Arabia70,000 employeesFounded 1933Website

Key Financials

Figures based on most recently reported fiscal year and trailing twelve months. For reference only.

Market Cap

$1.8T

Annual Revenue

$441B

Net Income

$121B

P/E Ratio

14.9

Dividend Yield

4.2%

52-Week High

$9.14

52-Week Low

$6.88

Avg. Daily Volume

62.1M

About Saudi Aramco

Saudi Aramco's scale is difficult to comprehend in conventional corporate terms. The company produces roughly one in every ten barrels of oil consumed globally, manages proven crude reserves that dwarf those of any publicly listed competitor, and in peak years generates more profit than Apple, Microsoft, and Alphabet combined. Its 2019 IPO on the Tadawul exchange — the world's largest at the time — gave outside investors a window into a business that had operated as a state instrument for most of its existence. The company's financial structure reflects its dual role: it is simultaneously a commercial enterprise optimising for shareholder returns and a national asset managed in alignment with Saudi Arabia's Vision 2030 economic diversification programme. Aramco has invested heavily in downstream refining and petrochemicals, seeking to capture more value from each barrel it produces and to reduce its exposure to crude price volatility. The energy transition presents the company's most significant long-term strategic challenge: its core product faces structural demand headwinds in the transport sector even as petrochemical demand continues to grow.

Key Facts

Founded

May 29, 1933

Employees

~70,000 full-time

Headquarters

Dhahran, Saudi Arabia

Daily Production

~9.5 million barrels/day

Oil & GasOPECSaudi ArabiaDownstreamPetrochemicals

Leadership

Amin H. Nasser

President & Chief Executive Officer

Since 2015

Amin H. Nasser joined Saudi Aramco in 1982 as a petroleum engineer and spent his career rising through the company's technical and operational ranks. He became President and CEO in 2015, overseeing the company's landmark IPO in 2019 and its subsequent navigation of the 2020 oil price collapse. Nasser has been a consistent voice arguing that the energy transition will require sustained investment in oil and gas to avoid supply shortfalls, a position that puts him at odds with many in the climate policy community but reflects the commercial reality of a company whose reserves extend decades into the future.

52-Week Range

$6.88$9.14

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