Saudi Arabian Oil Company (TADAWUL: 2222)
Saudi Arabia
· Delayed Price · Currency is SAR | Market Cap | 6.68T |
| Revenue (ttm) | 1.83T |
| Net Income (ttm) | 410.00B |
| Shares Out | 241.95B |
| EPS (ttm) | 1.69 |
| PE Ratio | 16.31 |
| Forward PE | 16.96 |
| Dividend | 1.93 (6.98%) |
| Ex-Dividend Date | Nov 17, 2024 |
| Volume | 13,882,399 |
| Open | 27.60 |
| Previous Close | 27.60 |
| Day's Range | 27.50 - 27.75 |
| 52-Week Range | 26.80 - 33.75 |
| 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 and French companies to explore SAF manufacturing in Kingdom
Imperative to address aviation emissions through lower-carbon alternatives, says Aramco CEO Amin Nasser
'Unrealistic expectations' are greatest challenge to the energy transition: Aramco CEO
Aramco CEO Amin Nasser speaks at a panel moderated by CNBC's Dan Murphy during the Saudi Green Initiative Forum in Riyadh.
Aramco CEO: Expect demand to expand next year, driven by Asia
Aramco CEO Amin Nasser speaks at a panel moderated by CNBC's Dan Murphy during the Saudi Green Initiative Forum in Riyadh.
'Realistic' green policies good for the U.S., Aramco CEO says, with Trump to re-enter White House
Trump has pledged to "end Biden's delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production."
Aramco completes buying 10% stake in Horse Powertrain
The transaction builds on Aramcos efforts to develop new mobility solutions with the potential to reduce transport emissions
Saudi Aramco holds Dec LPG OSPs steady, Sonatrach cuts by 2-3%
Aramco's December OSP for propane was stable at $635 per metric ton while butane was $630 per ton
Najm partners with Saudi Aramco to raise awareness of off-job injuries
Highlighting its innovative solutions to enhance safety
Saudi Aramco unit in talks to invest $1bln in US software maker Mavenir, sources say
Mavenir is working with investment bank Evercore on its talks with Aramco Digital, the sources said
Saudi Aramco CFO Driven Off Stage by Climate Protestors in US
Climate protesters disrupted an MIT event with Saudi Arabian Oil Co. Chief Financial Officer Ziad Al-Murshed in a Boston suburb on Thursday, causing the executive to leave.
Saudi Aramco to take on more debt, focus on dividend growth, Bloomberg News reports
"You'll see us do a couple of things. One is, just take on more debt compared to use of equity. It's nothing to do with the dividend, it is optimising our capital structure so that we end up with a lo...
Borr announces temporary suspension of Arabia II rig in Saudi Arabia
Dubais Shelf Drilling receives suspension notice for rig from Saudi Aramco, says news report
Aramco to Borrow More and Focus on Dividend Growth, CFO Says
Saudi Arabian Oil Co. plans to take on more debt and will focus on “value and growth” for its dividend, the company’s finance chief said.
Aramco, Rongsheng Petrochemical sign agreement to drive SASREF expansion
The pact is to expand SASREF’s refining and petrochemical capabilities, while fostering international collaboration
Aramco, Sinopec break ground on Chinese petchem project
The project is expected to be fully operational by the end of 2030
Aramco and Rongsheng Petrochemical sign a framework agreement to advance SASREF expansion
Development Framework Agreement paves way for major petrochemicals project
Aramco signs tripartite agreement to advance SASREF expansion in Jubail
The project is currently in the Pre-FEED stage; subsidiary of China's Rongsheng Petrochemical Co is a signatory to the agreement
Bitcoin Topples Saudi Aramco To Become World's 7th Largest Asset By Market Cap
Bitcoin has passed oil behemoth Saudi Aramco to become the world's seventh-largest asset by market capitalization, marking another milestone in the journey of what was once an asset tainted by widespr...
Who is Yasir Al-Rumayyan, the 'mystery man' sitting beside Trump at UFC fight?
The man, termed as the 'mystery man' in some of the videos doing rounds on social media, was Yasir Al-Rumayyan, the head of Saudi Arabia's Public Investment Fund, Fox News reported. Al-Rumayyan also c...
Sinopec, Saudi Aramco start building petrochemical complex in China's Fujian
The project is slated to become operational in 2030
Bitcoin hot on the heels of Google as market cap nears $2 trillion
Bitcoins recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
OPEC Cuts 2024 Oil Demand Forecast For Fourth Straight Month Amid China's Economic Slowdown
The Organization of Petroleum Exporting Countries (OPEC) has once again revised its oil demand growth forecasts for 2024, marking the fourth consecutive month of downward adjustments. This move reflec...
Bitcoin Flips Silver, Challenges $90K Amid Optimism For Trump's Crypto Promises
Bitcoin is now more valuable than silver and is moving toward toppling KSA's Saudi Aramco in market cap – will the rally endure and send $BTC to $100,000 as Donald Trump prepares to re-enter the White...
ICYMI-Russia considering merging its oil companies into world’s 2nd-biggest crude producer
Wall Street Journal (gated) with the report. In brief: The plan under consideration would merge major Russian oil companies Rosneft, Gazprom Neft, and Lukoil into a single entity to strengthen control...
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.
The World's Largest Oil Producer Slips Into a Net Debt Position
1. Saudi Aramco Debt Becomes New Reality as Revenues Dip - Saudi Aramco reported a free cash flow of $21.99 billion in Q3 2024, suggesting that the worlds largest oil producer may have been pushed int...