Saudi Aramco is oil and gas exploration, refinery and trading company. Saudi Aramco is the world’s largest integrated oil and gas company having both upstream and downstream operations, producing the energy and chemicals. Headquarters is in Saudi Arabia.
Net income of Saudi Aramco for year ending Dec-2021 was 110.0 billion USD.
Aramco’s net income increased by 124% to 110.0 billion USD in 2021, compared to 49.0 billion USD in 2020.
In 2021, Aramco’s average hydrocarbon production was 12.3 million barrels of oil equivalent per day (mmboed), including 9.2 mmbpd of crude oil.
In 2019, Saudi Aramco average hydrocarbon production was 13.2 mmboed, including 9.9 mmbpd of crude oil.
In 2020, Aramco‘s average hydrocarbon production was 12.4 mmboed, including 9.2 mmbpd of crude oil.
As on Mar-2021, Saudi Aramco had 79,800 employees
As on December 31, 2019, Saudi Aramco’s reserves stood at 258.6 billion boe, including 201.9 billion barrels of crude oil and condensate, 25.7 billion barrels of NGLs and 190.6 tscf of natural gas.
As at December 31, 2020, based on the initial 40-year period and 20-year extension of the Concession, Aramco’s reserves stood at 255.2 billion boe, including 198.8 billion barrels of crude oil and condensate, 25.2 billion barrels of NGL and 191.6 tscf of natural gas
- Saudi Aramco had a gross refining capacity of 6.4 mmbpd and net refining capacity of 3.6 mmbpd as on December 31, 2019.
- As on December 31, 2020, Aramco had a gross refining capacity of 6.4 mmbpd and net chemicals production capacity of 53.1 million tonnes per year.
In 2020, Aramco completes its historic 69.1 billion USD acquisition of a 70% stake in SABIC, transforming Aramco into one of the major global petrochemicals players
Net income of Saudi Aramco for year 2021 was 110.0 billion USD.
Aramco’s net income increased by 124% to 110.0 billion USD in 2021, compared to 49.0 billion USD in 2021.
In 2021, Aramco’s average hydrocarbon production was 12.3 million barrels of oil equivalent per day (mmboed), including 9.2 mmbpd of crude oil.
Saudi Arabia Oil Company (ARAMCO) - Annual Results - Revenue, Net Income and Assets - in Billions SAR
| Annual Results | Revenue | Operating Income | Net Income | EPS (SAR) |
| Dec-2021 | 1,346 | 771.9 | 395.2 | |
| Dec-2020 | 862 | 383.3 | 184.93 | 0.85 |
| Dec-2019 | 1105 | 674.8 | 330.82 | 1.65 |
| Dec-2018 | 1182 | 798.4 | 416.19 | 2.08 |
| Dec-2017 | 840 | 582.9 | 283.19 | 1.42 |
Saudi Arabia Oil Company (ARAMCO) - Balance Sheet Summary - in Billion SAR
Total Assets as on Dec-2020 is 1,914.2 Billion SAR.
Total Liabilities as on Dec-2020 is 813.1 Billion SAR.
Total Equity as on Dec-2020 is 1,101.1 Billion SAR.
Balance Sheet Summary As on Sep-2021
Total Assets as on Sep-2021 is 2,112 Billion SAR.
Total Liabilities as on Sep-2021 is 881 Billion SAR.
Total Equity as on Sep-2021 is 1,231.4 Billion SAR.
Saudi Arabia Oil Company (ARAMCO) - Quarterly Financial Results - in Billion SAR
| Quarter | Revenue | Net Income |
| Sep-2022 | 613.9 | 156.0 |
| Jun-2022 | 648.3 | 173.7 |
| Mar-2022 | 467.0 | 142.0 |
| Dec-2021 | 291.4 | 116.6 |
| Sep-2021 | 405.3 | 114.1 |
| Jun-2021 | 312.3 | 90.90 |
| Mar-2021 | 272.0 | 78.59 |
| Dec-2020 | 243.7 | 51.74 |
| Sep-2020 | 228,5 | 44.20 |
| Jun-2020 | 123.2 | 25.37 |
| Mar-2020 | 250.3 | 62.47 |
| Dec-2019 | 291.5 | 75.01 |
| Sep-2019 | 263.3 | 79.78 |
| Jun-2019 | 283.9 | 92.79 |
| Mar-2019 | 307.4 | 104.46 |
Comments
70% share of SABIC is acquired by Aramco as on June-2020
Aramco completes its acquisition of a 70% stake in SABIC from the Public Investment Fund (PIF).
Saudi Aramco Q1-2020 Financial Highlights
Saudi Aramco Q1-2020 financial highlights for the period ending March-2020
Saudi Aramco Sep 2020 ending quarter Result highlights
Quarterly Revenues of Saudi Aramco
Saudi Aramco Revenues for Sep 2020 ending quarter is 228.59 Billion SAR.
Saudi Aramco Revenues for Sep 2019 ending quarter is 304.64 Billion SAR.
Quarterly Net Income of Saudi Aramco
Saudi Aramco Net Income for Sep 2020 ending quarter is 44.21 Billion SAR.
Saudi Aramco Net Income for Sep 2019 ending quarter is 79.84 Billion SAR.
Quarterly EPS of Saudi Aramco
Saudi Aramco EPS for Sep 2020 ending quarter is 0.22 SAR.
Saudi Aramco EPS for Sep 2019 ending quarter is 0.40 SAR.
March-2020 ending quarter result highlights of Saudi Aramco Company:
Quarterly Net Income:
Crude Oil Production Capacity :
Gross Refining Capaciy :