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.
| Type | Public | |
| Founded | 1933 | |
| HQ | Dhahran, SA | Map |
| Website | saudiaramco.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Key People/Management at Saudi Aramco
Amin H. Nasser
President and Chief Executive Officer, Director
Yasir Othman Al-Rumayyan
Chairman
Ahmad Al Khowaiter
Chief Technology Officer
Nabeel A. Al Mansour
Senior Vice President, General Counsel and Corporate Secretary
Mohammed Y. Al Qahtani
Senior Vice President, Downstream
Mohammad M. Al-Tuwaijri
Director
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
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
| SAR | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Revenue | 1.3t | 1.2t | 862.1b |
Cost of goods sold | (253.1b) | (290.7b) | (262.8b) |
Gross profit | 1.1t | 946.1b | 599.3b |
R&D expense | (2.2b) | (2.1b) | (2.8b) |
Quarterly
| SAR | Q1, 2019 | Q2, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|
Revenue | 614.6b | 916.6b | 225.6b | 164.1b | 228.6b | 272.1b | 378.0b | 405.4b |
Cost of goods sold | (130.4b) | (202.7b) | (69.9b) | (38.5b) | (80.8b) | (90.7b) | (101.5b) | (119.9b) |
Gross profit | 484.2b | 713.8b | 180.5b | 100.8b | 147.8b | 209.5b | 248.5b | 285.5b |
R&D expense | (951.0m) | (1.4b) | (415.0m) | (529.0m) | (841.0m) | (878.0m) | (860.0m) | (888.0m) |
Annual
| SAR | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Cash | 181.7b | 175.1b | 186.7b |
Accounts Receivable | 93.8b | 93.5b | 90.6b |
Prepaid Expenses | 3.0b | 1.4b | 3.4b |
Inventories | 43.6b | 42.6b | 52.0b |
Quarterly
| SAR | Q1, 2019 | Q2, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|
Cash | 148.2b | 171.8b | 235.4b | 206.6b | 197.6b | 203.0b | 253.6b | 282.2b |
Accounts Receivable | 100.2b | 89.0b | 60.0b | 66.1b | 84.4b | 108.7b | 125.3b | 135.2b |
Inventories | 45.2b | 42.3b | 32.9b | 54.7b | 51.4b | 58.9b | 63.9b | 69.9b |
Annual
| SAR | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Net Income | 797.9b | 666.7b | 372.4b |
Depreciation and Amortization | 41.3b | 50.3b | 76.2b |
Inventories | (6.5b) | 1.9b | 15.9b |
Accounts Payable | 5.3b | 3.4b |
Quarterly
| SAR | Q1, 2019 | Q2, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 346.8b | 512.1b | 127.7b | 177.6b | 270.3b | 151.4b | 330.1b | 542.2b |
Depreciation and Amortization | 24.3b | 37.3b | 15.0b | 31.6b | 52.1b | 20.3b | 41.2b | 63.3b |
Inventories | (1.6b) | 1.9b | 9.7b | 13.8b | 20.4b | (6.9b) | (11.9b) | (17.9b) |
| SAR | FY, 2018 |
|---|---|
Revenue/Employee | 29.2m |
Saudi Aramco Operating Metrics
| FY, 2018 | H1, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
|---|---|---|---|---|---|---|---|---|---|
Gasoline Produced, barrels per day | 203 k | 222 k | 201 k | ||||||
Hydrocarbon Production, barrels per day | 13.57 m | 13.2 m | 13.17 m | 12.7 m | 12.39 m | 11.5 m | 11.7 m | 12.9 m | |
Oil Production, barrels per day | 10.32 k | 10 k | 9.94 k | 9.8 k | 9.3 k | 9.24 k | 8.6 m | 8.6 m | 9.5 m |
Patents Issued | 524 | 683 |
Saudi Aramco Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| SABIC | March 27, 2019 | $6.1 b |
| ARLANXEO | August 08, 2018 | $1.6 b |
| Motiva | March 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. |
Saudi Aramco Cybersecurity Score
Saudi Aramco Environment, Social & Governance (ESG) Ratings
Saudi Aramco Online and Social Media Presence
2.6m Twitter followers
Saudi Aramco has 2.6m Twitter Followers. The number of followers has increased 0.9% month over month and increased 2.3% quarter over quarter
Saudi Aramco's Trends
Twitter Engagement Stats for @Saudi_Aramco
6.4k
Tweets
28
Following
2.6m
Followers
16
Tweets last 30 days
1.1k
Avg. likes per Tweet
100%
Tweets with engagement
Saudi Aramco Company Culture
Overall Culture
A+
78/100
CEO Rating
A
78/100
Compensation
A
79/100
Diversity
A-
75/100
Saudi Aramco News and Updates
May 11, 2022
Saudi Aramco Becomes World’s Most Valuable Stock as Apple Drops
Saudi Aramco overtook Apple Inc. as the world’s most valuable company.
March 21, 2022
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.
March 20, 2022
Saudi Aramco Hikes Spending, Issues Bonus Stock After Oil Surges
Saudi Aramco Raises Spending Target Following Oil’s Surge
March 18, 2022
Billionaire Adani Explores Partnerships With Saudi Aramco
Billionaire Adani Explores Partnerships With Saudi Aramco
March 09, 2022
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
March 07, 2022
Saudi Aramco lifts oil prices to record high
Saudi Aramco lifts oil prices to record high
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.
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