As of January 2025 Saudi Aramco has a market cap of $1.795 Trillion USD. This makes Saudi Aramco the world's 6th most valuable company according to our data.
Nevertheless, Saudi Aramco went public with its IPO in 2019, raising a record $25.6 billion by selling three billion shares. This was only 1.5% of the company's value—significantly lower than firms like Apple, which has only about 0.10% of its shares in the hands of insiders.1213Limiting ...
Bitcoin hot on the heels of Google as market cap nears $2 trillion Nov 14, 2024 by Arijit Sarkar Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets. 14354 News AI talent crunch accelerates as countries scra...
Riyadh signaled to White House it would act if crude prices are too high to win goodwill in Congress By MarketWatch Published: Oct. 7, 2023 at 2:00 p.m. ET 4 Listen (4 min) Saudi Aramco’s Abqaiq oil processing plant on September 20, 2019. Photo: Fayez Nureldine...
Franklin Templeton has launched three new emerging market ETFs in Europe including a Saudi Arabian equities fund that undercuts all existing rivals on price.
“#Investment reaching 10.1 billion Saudi Riyals (2.69 billion US Dollars) for the #construction and upgrading of advanced stadiums”; “Targeted Stadiums and Seating Capacities”; and “Additional Training Fields: Construction of 30 training fields across various regions of the #Kingdom”. ...
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Dozens of cheap drones were deployed against Abqaiq and Khurais oil fields to cut Saudi Aramco's production by half, according to multiple media reports. Saudi and US officials have blamed Iran for the destructive hit. This is the first time that cheap drone swarms loaded with explosives have ...
But Aramco have carried out extensive research into modeling their fields and developing technologies such as maximum reservoir contact (MRC) on order to get the maximum amount of oil out of their fields. (And I’ll get around to that in a minute). But the KSA only produce a fraction of...
- By 1990, 25 percent of Berri's producing wells had totally watered out, choking off the oil flow and forcing Saudi Aramco to shut in the wells." "Reservoir and production experts working this once great field assume that large amounts of bypassed oil are present in the middle and lower...