Saudi Aramco (Tadawul: 2222.SR)

Oil & Gas Integrated · Dhahran, Saudi Arabia · Founded 1933

$1800.0B

Market Cap

$490.0B

Revenue

70,000

Employees

$121.0B

Net Income

📊 Key Statistics for Saudi Aramco (2222.SR)

Market capitalization: $1800.0 billion
Annual revenue: $490.0 billion
Net income: $121.0 billion
Employees: 70,000
Sector: Energy
Headquarters: Dhahran, Saudi Arabia
Founded: 1933

Source: Statvoo company profile for Saudi Aramco. Browse all 500+ companies

📋 About Saudi Aramco

Saudi Aramco is the world's largest oil producer, pumping around 9 million barrels per day. It's also the most profitable company on Earth in most years, with net income regularly exceeding $100 billion. The Saudi government owns roughly 98% of the company. Aramco's proven reserves of ~260 billion barrels dwarf every other oil company combined.

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💰 How Saudi Aramco Makes Money

It's straightforward: extract oil and gas at the lowest production cost in the industry — under $10 per barrel — and sell it globally. Downstream refining and chemicals add diversification, but upstream crude is the cash machine. The Saudi government takes most of the profits through dividends, royalties, and taxes.

📜 Key Milestones

Originally founded as the California-Arabian Standard Oil Company in 1933 by Chevron's predecessor. Saudi Arabia completed nationalization by 1980. The December 2019 IPO on the Tadawul raised $25.6 billion, briefly making it the world's largest IPO ever. Aramco hit a $2 trillion valuation in 2022 when oil prices spiked after Russia invaded Ukraine.

📊 Financial Overview

Market Capitalization	$1800.0B
Annual Revenue	$490.0B
Net Income	$121.0B
Profit Margin	25%
Revenue per Employee	$7000000K
Stock Exchange	Tadawul
Ticker Symbol	2222.SR

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Aramco's Ghawar field is the largest conventional oil field ever discovered — it's produced over 75 billion barrels and still going. In September 2019, a drone and missile attack on Aramco facilities knocked out 5.7 million barrels per day of production overnight — roughly 5% of global supply. The company employs over 70,000 people but generates more profit per employee than almost any company in history.

📝 Analyst Take

Aramco prints money as long as oil matters, and oil's going to matter for decades yet. But the stock is essentially a leveraged bet on Saudi geopolitics and OPEC discipline — not exactly a sleep-well-at-night holding.

❓ Frequently Asked Questions