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.
As on Jul-30-2023, Saudi Aramco market cap was 2.08 Trillion USD and it is World Top 3rd company by Market Cap.
Saudi Aramco Annual Total Revenue for year ending Dec-2022 was 2,266 billion SAR and Annual Operating Income was 1,144 billion SAR and Net Income for year ending Dec-2022 was 604 billion SAR.
As on December-2022, Saudi Aramco had 70,496 employees.
Saudi Aramco Annual Total Revenue for year ending Dec-2021 was 1,346 million SAR and and Net Income for year ending Dec-2021 was 395.2 million SAR.
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.
As at December 31, 2022, Aramco’s reserves under the Concession agreement were 258.8 billion boe and in 2021 it was 253.6 billion boe.
In 2022, Aramco maintained an average total daily hydrocarbon production of 13.6 mmboed (2021: 12.3 mmboed).
In 2022, Saudi Aramco net income surged to 604 billion SAR whereas net income of 2021 was 395 billion SAR.
In 2022, Total liquids production was 11.5 mmbpd whereas it was 10.4 mmbpd in 2021.
In 2022, net refining capacity was 4.1 mmbpd whereas it was 4.0 mmbpd in 2021.
In 2022, Net chemicals capacity was 56.3 million tons per year whereas it was 54.2 million tons per yearin 2021.
Saudi Arabia Oil Company (ARAMCO) - Annual Results - Revenue, Net Income and Assets - in Billions SAR
| Annual Results | Revenue | Operating Income | Net Income |
| Dec-2022 | 2,266 | 1,144 | 604 |
| Dec-2021 | 1,346 | 771 | 395.2 |
| Dec-2020 | 862 | 383 | 184.93 |
| Dec-2019 | 1105 | 674 | 330.82 |
| Dec-2018 | 1182 | 798 | 416.19 |
| Dec-2017 | 840 | 583 | 283.19 |
Saudi Arabia Oil Company (ARAMCO) - Balance Sheet Summary - in Billion SAR
Balance Sheet Summary as on Dec-2022
Total Assets as on Dec-2022 is 2,493 Billion SAR.
Total Liabilities as on Dec-2022 is 826.7 Billion SAR.
Total Equity as on Dec-2022 is 1,666 Billion SAR.
Saudi Arabia Oil Company (ARAMCO) - Quarterly Financial Results - in Billion SAR
| Quarter | Revenue | Net Income |
| Jun-2023 | 444.3 | 108.8 |
| Mar-2023 | 459.8 | 117.4 |
| Dec-2022 | 487.1 | 125.3 |
| 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 :