ARAMCO’s financial statements [closed]
What is Aramco net worth?
The Saudi Arabian public petroleum and natural gas company is believed to be the largest oil-producing company in the world and one of the world’s largest companies by revenue. Saudi Aramco was valued at $2.42 trillion yesterday, based on the price of its shares at the close of market, as per AFP news.
Is Aramco the biggest company in the world?
Aramco became the world’s biggest listed company when it floated on Saudi Arabia’s Tadawul stock exchange in December 2019, and would have been bigger than Exxon if it had been a public company a decade ago.
How much did Aramco make in 2021?
Saudi Aramco had a revenue of about 360 billion U.S. dollars in the year 2021. This was an increase from about 205 billion U.S. dollars in the previous year.
Who is the owner of Aramco?
Saudi Aramco
| Headquarters in Dhahran, Eastern Province, Saudi Arabia | |
|---|---|
| Net income | US$109.385 billion (2021) |
| Total assets | US$331.818 billion (2021) |
| Total equity | US$16 billion (2021) |
| Owner | Government of Saudi Arabia (98.5%) |
Is Apple bigger than Aramco?
The Saudi Arabian oil company’s market capitalization on Wednesday was $2.426 trillion, exceeding Apple’s $2.415 trillion by just over $10 billion. It is the first time that Saudi Aramco has regained the top spot since 2020 and follows a broader sell-off in technology stocks since the start of the year.
What is the salary of Aramco CEO?
Chief Executive Officer Amin Nasser collected no more than a $5 million package in 2016 as the company began preparing its protracted initial public offering, people familiar with the matter said.
Who is the richest oil company?
Saudi Aramco is one of the five companies in the trillion-dollar club as the world’s third-largest company by market cap.
Big Oil: The Largest Oil and Gas Companies by Market Cap.
| Rank | 1 |
|---|---|
| Company | Saudi Aramco |
| Market Cap* (US$, billions) | $1,979 |
| Country | Saudi Arabia |
Who owns the oil in Saudi Arabia?
Saudi Aramco is the world’s largest oil producer. Officially known as Saudi Arabian Oil Company, the company is primarily state-owned and is based in Dhahran, Saudi Arabia.
What is the richest company in the world?
Saudi Aramco has a $2.332 Trillion market cap as of May 2022. It is currently the world’s most valuable company based on market capitalization. This Saudi Arabian national petroleum or gas company operates globally as the second-largest proven crude oil company with 270 billion barrel reserves.
How rich is the Prince of Saudi Arabia?
In June 2015, Forbes listed businessman Prince Al-Waleed bin Talal, a grandson of Abdulaziz, the first king of Saudi Arabia, as the 34th-richest man in the world, with an estimated net worth of US$22.6 billion.
Does Aramco pay well?
The average estimated annual salary, including base and bonus, at Saudi Aramco is $129,083, or $62 per hour, while the estimated median salary is $128,862, or $61 per hour. At Saudi Aramco, the highest paid job is a Director of Sales at $232,632 annually and the lowest is a CS Rep at $45,644 annually.
Who named Saudi Arabia?
The Kingdom of Saudi Arabia was founded in 1932 by King Abdulaziz (known as Ibn Saud in the West). He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the Al Saud.
How safe is Saudi Arabia?
Overall the rate of crime in Saudi Arabia is low. Theft can occur, especially in crowded places and from vehicles. Carry only what you need. Leave other valuables in a secure place.
Who will be next King of Saudi Arabia?
On Wednesday, Saudi King Salman appointed his 31-year-old son Mohammed bin Salman as crown prince, replacing the king’s nephew, Mohammed bin Nayef, as first in line to the throne.
Who will rule Saudi Arabia after Salman?
Salman, the last of Abdulaziz’s 34 eligible sons, is monarch today. In 2017, he chose his own son, Mohammed bin Salman, as his heir.
How many Saudi princes are there?
Since 1932 when the first King of Saudi Arabia go the throne, there have been 7 Kings and 12 crown princes so far (list below).
How many wives does the Saudi prince have?
He had about 30 wives, and fathered 36 children. Munira bint Abdullah Al Sheikh was the mother of King Abdullah’s eldest living son, Prince Khaled.
Is Saudi Arabia a dictatorship?
Saudi Arabia is an absolute monarchy, although, according to the Basic Law of Saudi Arabia adopted by royal decree in 1992, the king must comply with Sharia (that is, Islamic law) and the Qur’an.
Who protects the Saudi royal family?
The Saudi Arabian Royal Guard (Arabic: الحرس الملكي السعودي Al-Ḥars al-Malakī as-Suʿūdī) is a unit in the Saudi military forces. Originally an independent military force, the Royal Guards were incorporated into the Armed Forces since its inception until 1953. It is not to be confused with the SANG.
Why Saudi Arabia is called an undemocratic country?
Answer: Saudi Arabia is called an undemocratic country because it has monarchy and people do not elect ygeir rulers and have no say in decision making.
Is Saudi Arabia friendly to the US?
For over seventy years, the United States and the Kingdom of Saudi Arabia have enjoyed a strong relationship based upon mutual respect and common interests. The U.S. Legation opened in Jeddah in 1942.
Who are the enemies of Saudi Arabia?
Iran and Saudi Arabia have long been regional rivals, but tensions between the two have recently soared.
- Iran and Saudi Arabia have long been regional rivals, but tensions between the two have recently soared.
- Each has its own powerful allies, and enemies, in the region.
Is Saudi Arabia an ally of Israel?
Saudi Arabia does not have official diplomatic relations with Israel.