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.

Saudi Arabian Oil Company

aramco | 5,651,120 followers on LinkedIn. where energy is opportunity | We’re a leading producer of the energy and chemicals that drive global commerce and enhance the daily lives of people around the globe by continuing delivering an uninterrupted supply of energy to the world.

Our resilience and agility has built one of the world’s largest integrated energy and chemicals companies. And we are part of the global effort toward building a low carbon economy.

Venture Capitalist

Frank Andrasco

Ahmad Khawaja

Data Privacy and Protection | Data Governance | AI Governance | Program Management | FIP, CIPP/E, CIPM, CIPT, MSP, PMP, Prince2

Enrique Angulo

David KALIFE

aramco

To support our emission reduction efforts, we signed an agreement with Linde and SLB, to develop one of the largest Carbon Capture and Storage (CCS) hubs globally Learn more: https://lnkd.in/emh7CtaD #SGIForum #aramco

To address the growing demand for aviation fuel and contribute to global emission reduction efforts, we signed an agreement with TotalEnergies and SIRC to assess the potential development of a sustainable aviation fuels plant in the Kingdom https://lnkd.in/dpqyCsUy #aramco

As part of our R&D efforts in providing lower-carbon mobility solutions and emission reduction, we completed the acquisition of a 10% stake in Horse Powertrain Limited Learn more: https://lnkd.in/e5iHm3uM #aramco

Our divers play a leading role in maintaining and enhancing our offshore operations Meet one of our divers, whose passion had taken him to the depths of the sea 🌊 #aramco

Discover one of our marine vessels, a key pillar of our offshore operations 🌊 Our team utilizes technologically advanced ships to perform underwater tasks, maintaining our leadership as a reliable energy provider #aramco

Our team of marine experts, equipped with cutting-edge training and resources, harness energy from the ocean's depths to power the world #aramco

From logistical support to maintaining pipelines, discover how our marine operations help meet the world’s rising energy demands #aramco

We congratulate the winners of the Aramco Formula 1 in Schools World Finals 2024 🏆 and all participants in this remarkable competition that combines passion and innovation #aramco

Executive Vice President of Technology & Innovation, Ahmad Al Khowaiter, emphasizes our efforts to drive innovation in harnessing renewable energy sources, with the aim of developing sustainable solutions, during his participation at Chemindix2024 #ChemIndix2024 #aramco

We aim to empower young students by fostering STEM skills through our partnership with F1 in Schools program, enabling them to fulfill their passion for engineering excellence and innovation 🏁 🏎️ Learn more: https://bit.ly/3OoYWV1 F1 in Schools #aramco

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	504.60B -	990.66B 96.33%	1.33T 34.74%	1.24T 7.34%	862.09B 30.30%	1.50T 74.20%	2.27T 50.91%	1.86T 18.10%
cost of revenue	135.22B -	361.12B 167.07%	494.98B 37.07%	515.83B 4.21%	421.64B 18.26%	659.19B 56.34%	1.03T 55.61%	906.13B 11.66%
gross profit	369.38B -	629.54B 70.43%	839.80B 33.40%	720.96B 14.15%	440.45B 38.91%	842.57B 91.30%	1.24T 47.24%	950.03B 23.42%
selling and marketing expenses	37.05B -	30.99B 16.35%	31.25B 0.83%	36.65B 17.27%	46.97B 28.17%	59.50B 26.67%		76.89B -
general and administrative expenses	37.05B -	30.99B 16.35%	31.25B 0.83%	36.65B 17.27%	46.97B 28.17%	59.50B 26.67%	83.70B 40.68%
selling general and administrative expenses	37.05B -	30.99B 16.35%	31.25B 0.83%	36.65B 17.27%	46.97B 28.17%	59.50B 26.67%	83.70B 40.68%	76.89B 8.14%
research and development expenses	1.90B -	1.90B 0.26%	2.22B 16.56%	2.15B 3.02%	2.83B 31.63%	3.87B 36.86%	4.42B 14.10%	5.20B 17.61%
other expenses				7.29B -	7.29B 0.03%	7.29B 0.11%	8.45B 15.95%
cost and expenses	185.25B -	407.74B 120.10%	536.37B 31.55%	561.91B 4.76%	478.73B 14.80%	729.84B 52.45%	1.12T 53.77%	988.22B 11.95%
operating expenses	50.03B -	46.62B 6.82%	41.40B 11.21%	46.09B 11.34%	57.09B 23.88%	70.65B 23.75%	96.57B 36.67%	82.09B 14.99%
interest expense	1.35B -	2.09B 54.36%	2.96B 41.58%	6.03B 103.65%	10.56B 75.31%	12.06B 14.14%	8.88B 26.34%	15.88B 78.78%
ebitda	353.27B -	620.50B 75.64%	841.32B 35.59%	721.75B 14.21%	459.17B 36.38%	867.09B 88.84%	1.25T 44.56%	965.12B 23.00%
operating income	305.70B -	582.91B 90.68%	798.40B 36.97%	674.87B 15.47%	383.36B 43.20%	771.92B 101.36%	1.14T 48.21%	867.94B 24.14%
depreciation and amortization	33.62B -	37.17B 10.59%	41.33B 11.19%	46.88B 13.41%	75.81B 61.71%	95.17B 25.54%	109.39B 14.94%	97.17B 11.16%
total other income expenses net	-724M -	-1.48B 104.01%	-509M 65.54%	-8.13B 1,497.25%	-10.94B 34.51%	-2.40B 78.08%	8.88B 470.67%	23.91B 169.16%
income before tax	304.98B -	581.44B 90.65%	797.90B 37.23%	666.74B 16.44%	372.42B 44.14%	769.52B 106.62%	1.15T 49.83%	891.86B 22.65%
income tax expense	255.25B -	296.82B 16.28%	381.38B 28.49%	336.05B 11.89%	188.66B 43.86%	357.13B 89.29%	548.96B 53.72%	433.30B 21.07%
net income	48.35B -	283.20B 485.74%	416.20B 46.96%	330.82B 20.51%	184.93B 44.10%	395.20B 113.71%	597.22B 51.12%	452.75B 24.19%
weighted average shs out	266.20B -	266.20B 0%	266.20B 0%	241.99B 9.09%	241.86B 0.05%	241.89B 0.01%	241.86B 0.01%	241.93B 0.03%
weighted average shs out dil	266.20B -	266.20B 0%	266.20B 0%	241.99B 9.09%	241.86B 0.05%	241.89B 0.01%	241.86B 0.01%	241.93B 0.03%
eps	0.18 -	1.06 488.89%	1.56 47.17%	1.37 12.18%	0.76 44.53%	1.64 115.79%	2.47 50.61%	1.87 24.29%
epsdiluted	0.18 -	1.06 488.89%	1.56 47.17%	1.37 12.18%	0.76 44.53%	1.64 115.79%	2.47 50.61%	1.87 24.29%

2222

COM:ARAMCO

Saudi Arabian Oil Company (Saudi Aramco)

Last Close

28.05

25/11 09:25

Market Cap

6.80T

Beta: -

Volume Today

6.48M

Avg: -

Preview