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Aramco is a global producer of oil, gas, and chemicals, with a history of 90 years and a vision of sustainability. Learn about Aramco's partnerships, innovations, sustainability initiatives, and financial reports.
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en.wikipedia.org › wiki › Saudi_AramcoSaudi Aramco - Wikipedia

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Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than 270 billion barrels (43 billion cubic metres), and largest daily oil production of all oil-producing companies. Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System.
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- Saudi Arabia’s government to sell new stake in state oil giant Aramco that could raise $13 billion
  In the main part of the deal, Saudi Arabia could raise $12 billion by offering about 1.545 billion Aramco shares, equivalent to about 0.64 per cent of the ...
  The Telegraph
  7 hours ago
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www.investopedia.com › what-is-saudi-aramco-4682590What Is Saudi Aramco? Its History, IPO, and Financials

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May 19, 2024 · Learn about Saudi Aramco, the world's largest oil producer and the most profitable company. Find out how it was established, how it went public, and how it coped with the COVID-19 pandemic.
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Is Saudi Aramco a good company?
Saudi Aramco is the world's largest oil producer and the world's profitable company. The company was established in 1933 and began drilling in 1938. It is primarily state-owned but raised $29.4 billion in a 2019 IPO and a greenshoe option in 2020. Moody's rated the company an A1 because of its credit links to the Saudi government.

What Is Saudi Aramco? Its History, IPO, and Financials - Investopedia

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Who is the CEO of Saudi Aramco?
Amin H. Nasser is the lead executive of Saudi Aramco. He is the company's president and chief executive officer (CEO). He also sits on its board of directors, which is headed by Chairman Yasir Othman Al-Rumayyan. By 2017, the oil behemoth became the sole owner of North America’s largest single-site crude oil refinery at Port Arthur, Texas.

What Is Saudi Aramco? Its History, IPO, and Financials - Investopedia

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Is Saudi Aramco the world's most valuable company?
On 11 May 2022, Saudi Aramco became the largest (most valuable) company in the world by market cap, surpassing Apple Inc. In August 2022, Saudi Aramco announced that it would acquire Valvoline's petroleum unit for $2.65 billion.

Saudi Aramco - Wikipedia

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Did Saudi Aramco go public?
Saudi Aramco went public with an IPO in 2019, raising a record $25.6 billion by selling three billion shares. This amount was only 1.5% of the company's value—significantly lower than firms like Apple, which has more than 84% of its shares held by the public.

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www.aramco.com › en › news-mediaAramco announces record full-year 2022 results | Aramco

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Mar 12, 2023 · The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its full-year 2022 financial results, reporting a record net income of $161.1 billion — its highest annual profits as a listed company. Aramco also declared a fourth quarter dividend of $19.5 billion, to be paid in the first quarter of 2023.
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