Executive Summary
Saudi Aramco is the world's largest oil company based on daily oil production with a reported crude oil output of 9.2 million barrels per day in 2020 which is more than double the amount extracted by its closest competitor. In 2020, Saudi Aramco completed its first full year as a public company with filing of its first post-IPO Annual Report, and holding earning calls and inaugural annual general meetings. Saudi Aramco has almost hit the net income of entire 2020 in just the first half of 2021, and this trend can continue in the second half as the global economy continues its recovery.
Company Report Series
Over the past decade, Marmore MENA Intelligence has published a wealth of economic and industry intelligence for research professionals interested in the MENA region. Our comprehensive reports have provided detailed analysis of growth opportunities, evolving trends, competitive landscape, regulatory developments and their effects on business organizations.As part of our latest offerings, Marmore is publishing a series of company reports that enables one to understand a company's business proposition and challenges. These reports are presented in a way that make them accessible for a broader audience who are looking to get a quick understanding of a company's business model and its risks. Our analysis goes beyond what is stated in the websites and annual/quarterly reports and provide a clear sense of what the businesses do, the challenges that they face in a format that is pleasing to read.
All reports in the Company Series follow the same outline as below:
- Business Description
- Geography of Operations
- Ownership Details
- What we like about their Business
- Key Risks
- Potential Future Outcome
- Financials and key ratios for past seven years
