Aramco
Integrated oil, gas and chemicals · Saudi Arabia
Aramco is Saudi Arabia's state-controlled oil and gas company, producing crude oil and gas from the Kingdom's reserves and refining them, with chemicals and fuel retail through its own and affiliated plants.
What makes it different
It lifts a barrel of oil for about $3.51.
$3.51Upstream lifting cost per barrel of oil equivalentFY2025
The Kingdom's giant, easy-to-reach fields keep lifting costs low, which protects profit when oil prices fall.
How big it is
How big is Aramco?
$415.82BRevenueFY2025
12.9MOil and gas per dayFY2025
76,664EmployeesFY2025
How it makes money FY2025
Fuels and chemicals lead, crude close behind.
- Refined and chemical products50%$207.22B
- Crude oil45%$188.26B
- Natural gas and NGLs4%$17.36B
- Other revenue1%$2.98B
How the business works
Pump cheap, refine half, sell the rest.
- 1Low-cost crude oil and gas
- 2Half its crude in own plants
- 3Crude, fuels and chemicals worldwide
Its own refineries and chemical plants take about half of its crude, which locks in demand for the barrels it pumps.
Who owns it
- Government of Saudi Arabia81.48%
CEO: Amin H. Nasser
Who it competes with
Key moments
- 1933Concession Agreement signed with Standard Oil of California
- 1938Commercial production starts at the Prosperity Well
- 1980Saudi Government takes full ownership
- 1988Saudi Arabian Oil Company is established
- 1989Star Enterprises joint venture begins the downstream push
Sources
Every number on this page comes from Aramco's own reports.
Full profile
The rest of the story is in the app.
What Aramco tracks29 metrics
Total hydrocarbon production
Hydrocarbon reserves under the Concession
Maximum Sustainable Capacity
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
In-Kingdom
Out-of-Kingdom
The full timeline16 moments
1991
2024
2025
Aramco vs ExxonMobilside by side
Revenue
Profit
People
Point your phone at a logo.
See the company behind it.
The full story in 12 chapters · compare any two companies · 335 companies, and any other on request.
Download on the App Store
