Saudi Arabian Oil Co
SAU:2222
Saudi Arabian Oil Co
Common Shares Outstanding
Saudi Arabian Oil Co
Common Shares Outstanding Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Common Shares Outstanding | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Saudi Arabian Oil Co
SAU:2222
|
Common Shares Outstanding
ď·Ľ241.9B
|
CAGR 3-Years
0%
|
CAGR 5-Years
2%
|
CAGR 10-Years
N/A
|
Saudi Arabian Oil Co
Glance View
In the heart of the Arabian desert, among imposing dunes and sweeping horizons, Saudi Arabian Oil Co., commonly known as Saudi Aramco, has carved its place not just as an oil giant but as a pivotal player in the global energy narrative. Established in 1933 and primarily owned by the Kingdom of Saudi Arabia, Aramco's journey from its humble beginnings to becoming a juggernaut in the petroleum sector is a tale intertwined with the country's own transformation. It manages the vast oil reserves buried beneath the Saudi sands and boasts a sophisticated infrastructure of refineries, pipelines, and shipping routes that help transport its liquid gold to every corner of the globe. The company seamlessly integrates various stages of oil production, from exploration and extraction to refining and distribution, ensuring a smooth operational flow that maximizes efficiency and scale, which are critical to its profitability. Aramco's business model is rooted in its vast reserves of crude oil, the largest known in the world. Leveraging cutting-edge technology and an experienced workforce, the company engages in the upstream business of exploring and producing crude oil and gas and the downstream activities that include refining, distribution, and marketing of petrochemicals and derivatives. This vertical integration not only fuels the kingdom's economy but also provides Aramco with a buffer against volatility in oil prices through diversification. Beyond petroleum, the company is ambitiously investing in research on sustainable and alternative energy sources, recognizing the shifting currents towards greener solutions. This strategic vision positions Aramco at the forefront of both contemporary energy demands and future growth prospects, solidifying its status as a cornerstone of the global energy supply chain.
See Also
What is Saudi Arabian Oil Co's Common Shares Outstanding?
Common Shares Outstanding
241.9B
SAR
Based on the financial report for Dec 31, 2023, Saudi Arabian Oil Co's Common Shares Outstanding amounts to 241.9B SAR.
What is Saudi Arabian Oil Co's Common Shares Outstanding growth rate?
Common Shares Outstanding CAGR 5Y
2%
Over the last year, the Common Shares Outstanding growth was 0%.