Company

Aramco

Official Name: Saudi Arabian Oil Company

Headquarters: Dhahran, Saudi Arabia

CEO: Mr. Amin H. Nasser

Tadawul: 2222 -0.17%

Market Cap

SR7.996 Trillion

SAR as of Jan. 1, 2024

US$2.132 Trillion

Market Cap History

Company Description

Saudi Arabian Oil Company, or Saudi Aramco, is an integrated oil and gas firm operating globally. The company has two main segments: Upstream, dealing with exploration, development, production, and sales of crude oil and natural gas, and Downstream, focusing on the production of various chemicals, refining operations, and trading in refined petroleum and chemical products. It also provides services such as oil storage, consulting, and transportation.

Aramco market capitalization over time

Evolution of Saudi Arabian Oil Company market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Saudi Arabian Oil Company

Detailed Description

Saudi Arabian Oil Company operates as an integrated oil and gas company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Upstream and Downstream. The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs). As of December 31, 2021, its reserves included 253.6 billion barrels of oil equivalent, including 196.9 billion barrels of crude oil and condensate; 25.2 billion barrels of NGLs; and 194.5 trillion standard cubic feet of natural gas, as well as 530 reservoirs within 137 fields distributed throughout the Kingdom and its territorial waters. The Downstream segment produces various chemicals, including olefins, methanol, MTBE, aromatics, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and engineering thermoplastics and their blends; and base oils, as well as in the refining and retail operations. It also supplies oil products; and trades in refined petroleum and liquid chemical products, and polymers. In addition, the company develops, manufactures, and markets high-performance rubber; and provides crude oil storage, investment, consulting, oil field, insurance, marketing and sales support, financing, and marine management and transportation services. Saudi Arabian Oil Company was founded in 1933 and is headquartered in Dhahran, the Kingdom of Saudi Arabia.

Top 1-year algo backtest: +298.72%

$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Saudi Arabian Oil Company has the following listings and related stock indices.


Stock: Tadawul: 2222 wb_incandescent

Product & Services

Crude oil exploration and production, Natural gas exploration and production, Chemical production, Oil refining operations, Retail operations, Refined petroleum and chemical product trading, High-performance rubber development, Crude oil storage services, Consulting services, Marine management and transportation services.

Details

Headquarters:

PO Box 5000

Dhahran, 31311

Saudi Arabia

Phone: 80 12 2027 2675