OverviewSuggest Edit

Saudi Arabian Oil Company (Saudi Aramco) is an integrated energy and chemicals company. It specializes in the exploration, production, refining, distribution, shipping, and marketing of hydrocarbons. In addition, Saudi Aramco is engaged in the production of petrochemical products as well as the export of crude oil and natural gas liquids.
TypePublic
Founded1933
HQDhahran, SA
Websitesaudiaramco.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2021)79,800(+20%)
Job Openings4
Revenue (FY, 2020)﷼862.1 B(-30%)
Share Price (May 2022)﷼40.6(-10%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Saudi Aramco

Amin H. Nasser

Amin H. Nasser

President and Chief Executive Officer, Director
Yasir Othman Al-Rumayyan

Yasir Othman Al-Rumayyan

Chairman
Ahmad Al Khowaiter

Ahmad Al Khowaiter

Chief Technology Officer
Nabeel A. Al Mansour

Nabeel A. Al Mansour

Senior Vice President, General Counsel and Corporate Secretary
Mohammed Y. Al Qahtani

Mohammed Y. Al Qahtani

Senior Vice President, Downstream
Mohammad M. Al-Tuwaijri

Mohammad M. Al-Tuwaijri

Director
Show more

Saudi Aramco Office Locations

Saudi Aramco has offices in Dhahran, Houston, Bakı, Beijing and in 14 other locations
Dhahran, SA (HQ)
Corporate Communications Department, Saudi Aramco, North Admin Building
Bakı, AZ
90 A Nizami
Beijing, CN
43/F, 45/F20-26, China World Tower 3, No.1 Jianguomenwai Avenue
Shanghai, CN
Shanghai Branch No. 16T60, 16F – SWFC 100 Century Avenue
Xiamen, CN
15F, Paragon Center, No.1 Lianyue Road
Rueil-Malmaison, FR
232 Av. Napoléon Bonaparte
Show all (18)

Saudi Aramco Financials and Metrics

Saudi Aramco Revenue

Saudi Aramco's revenue was reported to be ﷼862.09 b in FY, 2020
SAR

Revenue (Q3, 2021)

405.4b

Gross profit (Q3, 2021)

285.5b

Net income (Q3, 2021)

114.1b

EBITDA (Q3, 2021)

234.8b

EBIT (Q3, 2021)

213.0b

Market capitalization (12-May-2022)

8.9t

Closing stock price (12-May-2022)

40.6

Cash (30-Sept-2021)

282.2b

EV

9.2t
Saudi Aramco's current market capitalization is ﷼8.9 t.
Annual
SARFY, 2018FY, 2019FY, 2020

Revenue

1.3t1.2t862.1b

Cost of goods sold

(253.1b)(290.7b)(262.8b)

Gross profit

1.1t946.1b599.3b

R&D expense

(2.2b)(2.1b)(2.8b)
Quarterly
SARQ1, 2019Q2, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

614.6b916.6b225.6b164.1b228.6b272.1b378.0b405.4b

Cost of goods sold

(130.4b)(202.7b)(69.9b)(38.5b)(80.8b)(90.7b)(101.5b)(119.9b)

Gross profit

484.2b713.8b180.5b100.8b147.8b209.5b248.5b285.5b

R&D expense

(951.0m)(1.4b)(415.0m)(529.0m)(841.0m)(878.0m)(860.0m)(888.0m)
Annual
SARFY, 2018FY, 2019FY, 2020

Cash

181.7b175.1b186.7b

Accounts Receivable

93.8b93.5b90.6b

Prepaid Expenses

3.0b1.4b3.4b

Inventories

43.6b42.6b52.0b
Quarterly
SARQ1, 2019Q2, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

148.2b171.8b235.4b206.6b197.6b203.0b253.6b282.2b

Accounts Receivable

100.2b89.0b60.0b66.1b84.4b108.7b125.3b135.2b

Inventories

45.2b42.3b32.9b54.7b51.4b58.9b63.9b69.9b
Annual
SARFY, 2018FY, 2019FY, 2020

Net Income

797.9b666.7b372.4b

Depreciation and Amortization

41.3b50.3b76.2b

Inventories

(6.5b)1.9b15.9b

Accounts Payable

5.3b3.4b
Quarterly
SARQ1, 2019Q2, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

346.8b512.1b127.7b177.6b270.3b151.4b330.1b542.2b

Depreciation and Amortization

24.3b37.3b15.0b31.6b52.1b20.3b41.2b63.3b

Inventories

(1.6b)1.9b9.7b13.8b20.4b(6.9b)(11.9b)(17.9b)
SARFY, 2018

Revenue/Employee

29.2m
Show all financial metrics

Saudi Aramco Operating Metrics

FY, 2018H1, 2019FY, 2019Q1, 2020Q2, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Gasoline Produced, barrels per day

203 k222 k201 k

Hydrocarbon Production, barrels per day

13.57 m13.2 m13.17 m12.7 m12.39 m11.5 m11.7 m12.9 m

Oil Production, barrels per day

10.32 k10 k9.94 k9.8 k9.3 k9.24 k8.6 m8.6 m9.5 m

Patents Issued

524683
Show all operating metrics

Saudi Aramco Acquisitions / Subsidiaries

Company NameDateDeal Size
SABICMarch 27, 2019$6.1 b
ARLANXEOAugust 08, 2018$1.6 b
MotivaMarch 18, 2016
4 Rivers Energy LLC
Arabian Petrochemical Company (“PETROKEMYA”)
Aramco Affiliated Services Company
Aramco Asia India Private Limited
Aramco Asia Japan K.K.
Aramco Asia Korea Ltd.
Aramco Asia Singapore Pte. Ltd.
Show more

Saudi Aramco Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Saudi Aramco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Saudi Aramco Online and Social Media Presence

Embed Graph

Saudi Aramco Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A

    78/100

  • Compensation

    A

    79/100

  • Diversity

    A-

    75/100

Learn more on Comparably

Saudi Aramco News and Updates

Saudi Aramco Becomes World’s Most Valuable Stock as Apple Drops

Saudi Aramco overtook Apple Inc. as the world’s most valuable company.

Why Saudi Aramco doubling profits is good news for energy prices

The Saudi Arabian state-controlled firm is targeting capital expenditure of between $40 billion and $50 billion this year, up from $32 billion in 2021.

Saudi Aramco Hikes Spending, Issues Bonus Stock After Oil Surges

Saudi Aramco Raises Spending Target Following Oil’s Surge

Billionaire Adani Explores Partnerships With Saudi Aramco

Billionaire Adani Explores Partnerships With Saudi Aramco

Saudi Aramco, Pasqal team up to develop quantum computing applications for the energy industry

Quantum computing can be used to address a wide range of upstream, midstream, and downstream challenges in the oil and gas industry including network optimisation and management, reaction network generation, and refinery linear programming

Saudi Aramco lifts oil prices to record high

Saudi Aramco lifts oil prices to record high
Show more

Saudi Aramco Frequently Asked Questions

  • When was Saudi Aramco founded?

    Saudi Aramco was founded in 1933.

  • Who are Saudi Aramco key executives?

    Saudi Aramco's key executives are Amin H. Nasser, Yasir Othman Al-Rumayyan and Ahmad Al Khowaiter.

  • How many employees does Saudi Aramco have?

    Saudi Aramco has 79,800 employees.

  • What is Saudi Aramco revenue?

    Latest Saudi Aramco annual revenue is ﷼862.1 b.

  • What is Saudi Aramco revenue per employee?

    Latest Saudi Aramco revenue per employee is ﷼10.8 m.

  • Who are Saudi Aramco competitors?

    Competitors of Saudi Aramco include ExxonMobil, Marathon Petroleum and Shell.

  • Where is Saudi Aramco headquarters?

    Saudi Aramco headquarters is located at Corporate Communications Department, Saudi Aramco, North Admin Building, Dhahran.

  • Where are Saudi Aramco offices?

    Saudi Aramco has offices in Dhahran, Houston, Bakı, Beijing and in 14 other locations.

  • How many offices does Saudi Aramco have?

    Saudi Aramco has 18 offices.