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     Bloomberg L.P.

     Saudi Arabia Set to Launch $10 Billion Aramco Share Sale Sunday

     Saudi Arabia is preparing to formally launch a secondary offering of shares in oil giant Saudi Aramco as soon as Sunday that could raise more than $10 billion, according to people familiar with the matter.

     7 hours ago

   • 

     CNBC on MSN.com

     Saudi Aramco to reportedly sell $10 billion to $20 billion worth of shares in new offering

     16 hours ago

   • 

     The New York Times

     Saudi Arabia Eyes a Future Beyond Oil

     23 hours ago

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     Business Insider on MSN.com

     Aramco share sale planned for summer could net Saudi Arabia a welcome $10 billion amid its Neom project struggles

     3 days ago

   • Business Times

     Saudi Arabia set to launch US$10 billion Aramco share sale on Jun 2

     4 hours ago

   View all

2. www.aramco.comWhere energy is opportunity | Aramco

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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.

   • Careers

     At Aramco, we give our people the opportunity to do the work...

     Diversity and Inclusion

     · Investing in Our People

     · Saudi Applicants

     · Benefits

     · Global Presence

   • International Applicants

     Innovation is highly valued here at Saudi Aramco, and thesis...

   • Contact US

     Aramco’s operations span the Kingdom of Saudi Arabia and the...

   • Netscaler AAA

     SECURITY INFORMATION. Whenever you download a file over the...

   • Contracting Opportunities

     They source, qualify and place contractors on these General...

   • Overview

     Energy security for a more-sustainable world. We are one of...

   • E-Services Login

     JavaScript is not enabled, text in this section cannot be...

   • Our History

     From the late 1940s, we grew from strength to strength —...

3. en.wikipedia.org › wiki › Saudi_AramcoSaudi Aramco - Wikipedia

   en.wikipedia.org › wiki › Saudi_Aramco

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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.

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

   www.aramco.com › en › news-media

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   Mar 12, 2023 · Strong track record of reliability continues, with 99.9% supply reliability. 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.

5. 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.

   • Author: Shoshanna Delventhal

6. www.britannica.com › money › Saudi-AramcoSaudi Aramco | Company, History, & Facts - Britannica

   www.britannica.com › money › Saudi-Aramco

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   May 23, 2024 · Saudi Aramco, Oil company founded by the Standard Oil Co. of California (Chevron) in 1933, when the government of Saudi Arabia granted it a concession. Other U.S. companies joined after oil was found near Dhahran in 1938. In 1950 Aramco opened a pipeline from Saudi Arabia to the Mediterranean Sea.

7. www.bbc.com › news › world-middle-east-64931074Aramco: Saudi state-owned oil giant sees record profit of $161bn

   www.bbc.com › news › world-middle-east-64931074

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   Mar 12, 2023 · Saudi oil giant Aramco has announced a record profit of $161.1bn (£134bn) for 2022, helped by soaring energy prices and bigger volumes. It represents a 46.5% rise for the state-owned company,...

8. People also ask

   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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   Why did Saudi Aramco make $161 billion last year?

   • Oil giant Saudi Aramco said Sunday, March 12, 2023, it earned a $161 billion profit last year, attributing its earnings to higher crude oil prices. The world's biggest oil company Saudi Aramco has announced it made $161 billion in profits last year, a whopping figure for the corporation and its main shareholder, the Saudi government.

   Four takeaways as oil giant Saudi Aramco reports a huge $161 ... - NPR

   www.npr.org/2023/03/12/1162913165/four-takeaways-oil-giant-saudi-aramco-a-huge-161bn-profit

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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.

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

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