Saudi Aramco
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company, and the national oil company of Saudi Arabia. As of 2024, it is the fourth-largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's 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.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Business sectors
- petroleum industry; extraction of petroleum; extraction of crude petroleum and natural gas; oil refining [1]
- Company / filing name
- Saudi Aramco [2]
- Headquarters location
- Dhahran [1]
- Founded
- 1988-11-13; 1933; 1932; 1988 [1]
- Legal form
- joint-stock company; public company; state-owned enterprise [1]
- Leadership in background record
- Amin H. Al-Nasser [1]
- Official website
- www.aramco.com ↗ [1]
- Employees
- 79,000 · reported year 2019 [1]
- Annual revenue
- SAR 1,559,342,000,000 · reported year 2025 [1]
- ISIN (reported securities)
- SA14TG012N13 [1]
- Country in background record
- Saudi Arabia [1]
Company positioning and business
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company, is a majority state-owned petroleum and natural gas company, and the national oil company of Saudi Arabia. As of 2024, it is the fourth-largest company in the world by revenue and is headquartered in Dhahran. Saudi Aramco has both the world's 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. [3]
Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. In 2024, its oil production total was 12.7 million barrels of oil equivalent per day, and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves. Along the Eastern Province, Saudi Aramco most notably operates the Ghawar Field (the world's largest onshore oil field) and the Safaniya Field (the world's largest offshore oil field). [3]
On 11 December 2019, the company's shares commenced trading on the Saudi Exchange. The shares rose to 35.2 Saudi riyals, giving it a market capitalisation of about US$1.88 trillion, and surpassed the US$2 trillion mark on the second day of trading. As of November 2025 the stock trades at 25.8 SAR, giving it a market capitalisation of approximately US$1.66 trillion. This represents an US$800bn fall in value since 2022, one of the largest decreases in corporate history. [3]
Background text: Wikipedia contributors, Saudi Aramco. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Management and corporate governance
The Wikidata background record identifies Amin H. Al-Nasser in the chief-executive role. This background entry is not an official confirmation of the current board or executive roster. [1]
Understanding company scale
Employees: 79,000 · reported year 2019. [1]
Annual revenue: SAR 1,559,342,000,000 · reported year 2025. [1]
Financial year, securities and disclosures
Consult the company source for the reporting calendar, security classes and investor documents. [2]
Financial results and regulatory disclosures
No individual financial documents have been indexed yet. Open the source to consult company disclosures. [2]
Related entities and concepts
Frequently asked questions
When was Saudi Aramco founded?
Founded: 1988-11-13; 1933; 1932; 1988. The linked source provides the background record. [1]
Where is the headquarters of Saudi Aramco?
Headquarters location: Dhahran. The linked source provides the background record. [1]
Which business sectors are recorded for Saudi Aramco?
Business sectors: petroleum industry; extraction of petroleum; extraction of crude petroleum and natural gas; oil refining. The linked source provides the background record. [1]
Sources and review dates
- Wikidata — company background record (CC0) ↗
- Company identity and profile data ↗
- Wikipedia contributors — Saudi Aramco (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.