Saudi Arabian Oil Company (TADAWUL: 2222)
Market Cap | 6.70T |
Revenue (ttm) | 1.83T |
Net Income (ttm) | 410.00B |
Shares Out | 241.95B |
EPS (ttm) | 1.69 |
PE Ratio | 16.37 |
Forward PE | 17.03 |
Dividend | 1.93 (6.95%) |
Ex-Dividend Date | Nov 17, 2024 |
Volume | 5,564,384 |
Average Volume | 7,408,218 |
Open | 27.70 |
Previous Close | 27.70 |
Day's Range | 27.60 - 27.70 |
52-Week Range | 26.80 - 32.65 |
Beta | 0.17 |
RSI | 34.85 |
Earnings Date | Mar 4, 2025 |
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
Baker Hughes wins technology order for Aramco's Jafurah gas field expansion
Baker Hughes shares rose after raising dividend and securing significant contracts with Saudi Aramco and Venture Global LNG.
Saudi Arabia Set to Hike Oil Prices to Asia to 14-Month High
Refiners in Asia expect Saudi Arabia to hike its official selling prices (OSPs) to Asia for March to the highest against benchmarks since January 2024, a Reuters survey found on Monday, as Middle East...
Saudi Oil Giant Aramco Buys Its First U.S. WTI Midland Crude Cargo
The worlds biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the crude grade which is now part of the dated Brent benchmark, S&P Global Commodity Insights...
KBR secures contract to support sustainable production of energy resources in Saudi Arabia
KBR secures contract to support sustainable energy production in Saudi Arabia, contributing to Saudi Aramco's Master Expansion Program.
Saudi Aramco Projects Global Oil Demand Increase by 2025
Saudi Aramco Projects Global Oil Demand Increase by 2025
Oil Prices Slide – Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak?
Oil prices are sliding due to a stronger US Dollar and concerns about the impact of trade policies on global growth. Aramco Chief Nasser expects oil demand to grow by 1.3 million barrels per day in 20...
Global Oil Market Outlook: Aramco CEO Sees Steady Growth Amid Shifting Dynamics
Saudi Aramco’s chief executive, Amin Nasser, recently shared his perspective on the state of the oil market, expressing confidence in its overall health. He projected a rise in global oil demand by an...
Saudi Aramco Sees Oil Demand Growth at 1.3 Million Bpd in 2025
Saudi Aramco, the worlds largest oil exporter, expects global oil demand to grow by a steady 1.3 million barrels per day (bpd) this year compared to 2024, the chief executive of the biggest oil firm i...
Aramco CEO Nasser Sees ‘Good’ China Oil Demand Driving Growth
China is still driving growth in global oil demand, the head of Saudi Aramco said, dismissing concerns about peaking consumption in the world’s biggest energy user.
Bitcoin will trade at this price if it overtakes Gold
After overtaking silver and Saudi Aramco – once a strong contender for the world’s biggest company – in terms of … Continue reading The post Bitcoin will trade at this price if it overtakes Gold appea...
Wall Street Breakfast Podcast: Saudi Aramco Poised To Bet On Lithium
Saudi Aramco to boost lithium investments to build its own supply chain - report
Saudi Aramco plans to boost investments in lithium production, as Saudi Arabia aims to develop its own supply chain for the metal.
Saudi Aramco to expand investments in lithium as it diversifies from oil
World’s largest oil company in race to build supply chain for metal vital for batteries to power electric cars
Welspun Corp shares surge 4% after signing MOU with Saudi Aramco for LSAW Pipe Facility
Welspun Corp’s stock gained 4% after the company signed a Memorandum of Understanding (MOU) with Saudi Aramco at the IKTVA Forum & Exhibition 2025. The agreement aims to establish a cutting-edge Longi...
Welspun Corp signs MoU with Saudi Aramco to setup LSAW pipe facility in KSA
Welspun Corp Ltd. has signed a Memorandum of Understanding (MOU) with Saudi Aramco at the IKTVA Forum & Exhibition 2025 to establish a state-of-the-art LSAW (Longitudinal Submerged Arc Welded) line pi...
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
State oil firm Saudi Aramco will ship about 43.5mln barrels in February to China, a tally of allocations to Chinese refiners showed, down from January's 46mln barrels, a three-month high
Aramco’s Venture Arm Joins $30 Million Round for Saudi Startup
Saudi Aramco’s early-stage venture fund and Japanese conglomerate Sumitomo Corp. are backing Saudi consumer electronics startup Zension Technologies, defying a drop in fund-raising across the Middle E...
Ayesa wins major PMC contract with Aramco for landmark sports stadium
Aramco has chosen Ayesa to provide Project Management Consultancy services throughout the construction of the new Aramco Stadium in Al Khobar, The Kingdom of Saudi Arabia
Bawan rolls out $221.86mln supply deal with Saudi Aramco
The delivery schedule for the purchase order starts from October 2025 to August 2026
Who's Next To Join Tesla, Broadcom In $1 Trillion Club? Over 50% Say The World's Biggest Retailer
The list of companies that have market capitalizations greater than $1 trillion continues to grow with Broadcom Inc (NASDAQ: AVGO) recently joining the club after its quarterly financial results spar...
US Stocks Led By Apple, Nvidia, And Other Tech Giants Dominate Nearly Two-Thirds Of MSCI World Index, Drawing Parallels To 1980s Peak
The U.S. has the world’s largest companies by market capitalization and about two-thirds of the MSCI World Index is dominated by companies based out of America. What Happened: U.S.-based companies ran...
Kenya extends petroleum supply deal with Gulf firms
The deal with Saudi Aramco, Abu Dhabi National Oil Company and Emirates National Oil Company was initially agreed in March last year and was extended in September 2023 until this month
Citi advises Sell on LTIMindtree amid subdued margin prospects
CITI retains a Sell call on LTIMindtree with a target price of ₹5,710, highlighting subdued margin prospects. Management expects: A demand uptick in BFSI, Retail, Healthcare, and Manufacturing. Tech v...
Saudi January crude oil supply to China to rebound vs Dec, sources say
State oil firm Saudi Aramco will ship about 46mln barrels in January to China
ForexLive Asia-Pacific FX news wrap: USD ticks a little higher
Oil ICYMI - Saudi Aramco reduced January 2025 pricing for Arab Light crude oil for Asia Reserve Bank of Australia meeting on Tuesday, December 10, 2024 - Statement/Bullock focus Bank of England Deputy...