Saudi Arabian Oil Company (TADAWUL: 2222)
Saudi Arabia
· Delayed Price · Currency is SAR | Market Cap | 6.56T |
| Revenue (ttm) | 1.86T |
| Net Income (ttm) | 435.92B |
| Shares Out | 241.95B |
| EPS (ttm) | 1.80 |
| PE Ratio | 15.04 |
| Forward PE | 15.56 |
| Dividend | 1.91 (7.06%) |
| Ex-Dividend Date | Aug 21, 2024 |
| Volume | 9,048,831 |
| Open | 27.15 |
| Previous Close | 27.00 |
| Day's Range | 27.05 - 27.25 |
| 52-Week Range | 26.80 - 35.15 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 5, 2024 |
About Saudi Arabian Oil Company
Saudi Arabian Oil Company operates as an integrated energy and chemical 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). The Downstream segment produces various chemicals, including olefins, methanol, MTBE, aromatics, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, pol... [Read more]
Financial Performance
In 2023, Saudi Arabian Oil Company's revenue was 1.86 trillion, a decrease of -18.09% compared to the previous year's 2.27 trillion. Earnings were 452.75 billion, a decrease of -24.19%.
Financial StatementsNews
Saudi Aramco fosters closer collaboration with key Chinese partners
The new agreements will enhance the companys continued contributions to Chinas long-term energy security and development
Saudi: Aramco, Accenture partner for AI-ready workforce
The partnership aims to empower Saudi Arabia to adopt and innovate with gen AI at scale, helping the Kingdom address the evolving digital talent requirement
Saudi Aramco Boosts Cooperation With Chinese Petrochemical Giants
The worlds biggest crude oil exporter and largest oil company, Saudi Aramco, has signed additional agreements with Chinas Rongsheng Petrochemical and Hengli Group to advance talks on cooperation in th...
Aramco signs deal with Chinas Rongsheng Petrochemical and Hengli Group
Agreements advance potential joint development of Jubail refinery as well as mutual acquisitions
Aramco fosters closer collaboration with key Chinese partners
Aramco announces new agreements with Rongsheng and Hengli
Aramco, Rongsheng move ahead with Saudi liquids-to-chemicals project expansion
The Saudi-listed oil major to advance talks on acquiring 10% stake in Hengli Petrochemical
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ICYMI - Saudi Aramco cut its Arab Light crude oil price to Asia, Europe and the US
Posting this as a bit of a catch-up, it seems to have gotten lost somewhere. Saudi Arabia’s state-run oil company Saudi Aramco cut prices to Asia, Europe and the US. October pricing for Arab Light cru...
Groq To Deploy AI In Saudi Arabia With Aramco, Aims To Match 2023 Microsoft-OpenAI Capacity By 2025
Nvidia Corp. (NASDAQ: NVDA) rival Groq announced on Tuesday that it will deploy AI in Saudi Arabia in 2024, in partnership with Aramco Digital , at the ongoing Global AI Summit (GAIN) in Riyadh, Saud...
Aramco unveils new initiatives to drive digital development
Collaborations aim to enable next-generation industrial capabilities
Saudi Arabia largest Emerging-Market dollar debt issuer in H1
Large dividend payments by Saudi Arabian Oil Company (Aramco) are used to temper sovereign financing needs: Fitch
Oil Majors and Traders Vye for Shells South African Assets
Oil trading giants and the national oil companies of some of the Middle East's biggest oil producers are in the race to buy Shell's South African service stations as they look to expand their access t...
Saudi Arabia Cuts Oil Prices
Saudi Arabias state-run oil company has cut its October pricing for its Arab Light crude oil for Asian buyers, according to a fresh price list released on Friday. Saudi Aramco has cut its Arab Light c...
Battle for Shell’s South African assets
Saudi Aramco, Abu Dhabi National Oil Company and commodities trader Trafigura are among the suitors competing to buy Shell’s service stations in South Africa.
Aramco, Trafigura Said to Compete for Shell South Africa Assets
Saudi Aramco, Abu Dhabi National Oil Co. and commodities trader Trafigura are among suitors competing to buy Shell Plc’s service stations in South Africa, according to people familiar with the matter.
Saudi Arabia: Saipem wins $1bln offshore contracts from Aramco
The fabrication related to the projects will be executed at Saipems Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators, aiming to increase and develop the capabilities of local industry
Saudi Aramco Continues to Pursue Downstream and LNG Deals
The worlds largest crude oil exporter, Saudi Aramco, continues to be on the lookout for acquisition opportunities in the downstream and LNG, a senior executive told Reuters in an interview. In recent ...
Saudi Aramco still pursuing deals while keeping Renault-Geely engine JV stake at 10%, executive says
"The 10% stake hits all of the boxes that we have for our financial and strategic objectives for this company," Yasser Mufti, Aramco's executive vice president for products and customers, said
Dar Delivers Detailed Design and Sustainability Strategy for New Aramco Stadium in Al Khobar
AL KHOBAR, Saudi Arabia — Aramco, one of the world’s leading integrated energy and chemicals companies, in collaboration with leading real estate company ROSHN has announced the commencement of constr...
Saudi Arabia Expected to Cut Its Oil Prices to Asia for October
Worsening refining margins in China and the wider Asian region and weaker Dubai benchmark prices could make the worlds top crude oil exporter, Saudi Arabia, reduce the price of its crude loading for A...
Energy Majors Say Oil is Here to Stay
While several international energy organisations and leading sectoral experts expect the global oil demand to begin decreasing by the end of the decade, some oil majors expect oil demand to remain hig...
Warren Buffett's Berkshire Hathaway Breaks $1 Trillion: Poll Suggests Big Pharma, Not Tech, Is Next Contender
Conglomerate Berkshire Hathaway Inc (NYSE: BRK) (NYSE: BRK) became the 10 th public company to surpass the $1 trillion market capitalization milestone on Wednesday, further reshaping the dynamic lea...
TASI rises 83 points to 12,187 despite decline of Saudi Aramco stock
The TASI registered the gains despite the energy sector's decline of about 1.5%, affected by a drop in the stocks of Saudi Aramco, the oil giant
NFPA, Aramco to boost fire safety measures in Saudi energy sector
Together, the two entities will create robust training programmes, implement certification processes, and explore cutting-edge fire prevention technologies
NFPA signs an MoU with Aramco to advance fire safety in the energy and petrochemicals industry of Saudi Arabia
The agreement underscores a shared commitment to minimizing fire and electrical-related risks and damages, while maximizing the exchange of critical fire data and information while aiming to establish...