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

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.

Our horizon has never been clearer.

Mubadala

EIG Global Energy Partners(EIG)

aramco

We complete Esmax’s acquisition to commence downstream retail investment in South America as part of our strategic goal to strengthen our downstream value chain globally

Learn more 👇
https://bit.ly/3UXbyHl

#aramco

Senior Vice President of Human Resources, Faisal Al-Hajji, highlights our educational programs and initiatives that aim to upskill people’s abilities and provide them with opportunities for growth and development

#aramco

Executive Vice President of Human Resources & Corporate Services, Nabeel Al-Jama’, highlights how we continuously upskill our people and strengthen their abilities to drive excellence today and in the future 

#aramco

We continue to make progress on our gas expansion, and Jafurah is a key component in our strategy

Learn more👇
http://bit.ly/3OV2Oha 

#aramco

We signed procurement agreements worth 6 billion dollars, aiming to advance the localization program, strengthen domestic supply chain, and contribute to the development of the energy services sector in the Kingdom

Learn more 👇
https://bit.ly/3OWTh9k 

#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%	83.70B 40.68%	76.89B 8.14%
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%	241.90B 0.01%	241.93B 0.01%
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%	241.90B 0.01%	241.93B 0.01%
eps	0.18 -	1.06 488.89%	1.56 47.17%	1.37 12.18%	0.76 44.53%	1.63 114.47%	2.47 51.53%	1.87 24.29%
epsdiluted	0.18 -	1.06 488.89%	1.56 47.17%	1.37 12.18%	0.76 44.53%	1.63 114.47%	2.47 51.53%	1.87 24.29%

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COM:ARAMCO

Saudi Arabian Oil Company (Saudi Aramco)

Last Close

27.50

05/11 12:19

Market Cap

6.80T

Beta: -

Volume Today

20.29M

Avg: -

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