{"id":18916,"date":"2026-03-01T04:21:26","date_gmt":"2026-03-01T04:21:26","guid":{"rendered":"https:\/\/www.quantumrun.com\/consulting\/?page_id=18916"},"modified":"2026-03-02T07:56:40","modified_gmt":"2026-03-02T07:56:40","slug":"saudi-aramco","status":"publish","type":"page","link":"https:\/\/www.quantumrun.com\/consulting\/company\/saudi-aramco\/","title":{"rendered":"Saudi Aramco"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"18916\" class=\"elementor elementor-18916\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-980e081 e-flex e-con-boxed e-con e-parent\" data-id=\"980e081\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-892a54c e-full_width e-n-menu-layout-horizontal e-n-menu-tablet elementor-widget elementor-widget-n-menu\" data-id=\"892a54c\" data-element_type=\"widget\" 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href=\"https:\/\/www.quantumrun.com\/consulting\/company\/saudi-aramco\/market-cap\/\">\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"e-n-menu-title-text\">\n\t\t\t\t\t\t\tMarket Cap\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"e-n-menu-item\">\n\t\t\t\t<div id=\"e-n-menu-title-1432\" class=\"e-n-menu-title\">\n\t\t\t\t\t<a class=\"e-n-menu-title-container e-focus e-link\" href=\"https:\/\/www.quantumrun.com\/consulting\/company\/saudi-aramco\/revenue\/\">\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"e-n-menu-title-text\">\n\t\t\t\t\t\t\tRevenue\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"e-n-menu-item\">\n\t\t\t\t<div id=\"e-n-menu-title-1433\" class=\"e-n-menu-title\">\n\t\t\t\t\t<a class=\"e-n-menu-title-container e-focus e-link\" href=\"https:\/\/www.quantumrun.com\/consulting\/company\/saudi-aramco\/earnings\">\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"e-n-menu-title-text\">\n\t\t\t\t\t\t\tEarnings\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"e-n-menu-item\">\n\t\t\t\t<div id=\"e-n-menu-title-1434\" class=\"e-n-menu-title\">\n\t\t\t\t\t<a class=\"e-n-menu-title-container e-focus e-link\" href=\"https:\/\/www.quantumrun.com\/consulting\/company\/saudi-aramco\/stock\">\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"e-n-menu-title-text\">\n\t\t\t\t\t\t\tStock\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44be056 elementor-widget elementor-widget-html\" data-id=\"44be056\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\n@import url('https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;700&display=swap');\n\n.sa-wrapper p {\n    font-size: 17px;\n    margin-bottom: 30px;\n    line-height: 1.7;\n}\n\n.sa-wrapper a {\n    color: #1a1a1a;\n    text-decoration: underline;\n}\n\n.sa-two-col {\n    display: flex;\n    gap: 24px;\n    margin-bottom: 30px;\n}\n\n.sa-two-col > div {\n    flex: 1;\n}\n\n.sa-box {\n    background: #ffffff;\n    border: 2px solid transparent;\n    border-image: linear-gradient(135deg, #fbbf24 0%, #f59e0b 100%) 1;\n    border-radius: 0px;\n    padding: 24px;\n    outline: 2px solid transparent;\n}\n\n.sa-box-rounded {\n    background: #ffffff;\n    padding: 24px;\n    position: relative;\n}\n\n.sa-box-rounded::before {\n    content: '';\n    position: absolute;\n    inset: 0;\n    border-radius: 8px;\n    padding: 2px;\n    background: linear-gradient(135deg, #fbbf24 0%, #f59e0b 100%);\n    -webkit-mask: linear-gradient(#fff 0 0) content-box, linear-gradient(#fff 0 0);\n    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60px;\n    color: #f59e0b;\n    font-weight: 700;\n    font-size: 17px;\n    padding-top: 12px;\n}\n\n.sa-timeline-content {\n    background: #ffffff;\n    border-left: 3px solid #fde68a;\n    padding: 12px 16px;\n    font-size: 17px;\n    line-height: 1.7;\n    color: #1a1a1a;\n    flex: 1;\n}\n\n.sa-faq {\n    margin: 20px 0;\n}\n\n.sa-faq details {\n    margin-bottom: 12px;\n    background: #ffffff;\n    border: 2px solid transparent;\n    border-image: linear-gradient(135deg, #fbbf24 0%, #f59e0b 100%) 1;\n    overflow: hidden;\n}\n\n.sa-faq summary {\n    padding: 14px 18px;\n    cursor: pointer;\n    font-size: 17px;\n    font-weight: 700;\n    color: #000000;\n    line-height: 1.7;\n    list-style: none;\n    display: flex;\n    justify-content: space-between;\n    align-items: center;\n}\n\n.sa-faq summary::-webkit-details-marker {\n    display: none;\n}\n\n.sa-faq summary::after {\n    content: '+';\n    font-size: 20px;\n    color: #f59e0b;\n    font-weight: 700;\n    transition: transform 0.3s ease;\n}\n\n.sa-faq details[open] summary::after {\n    content: '\u2212';\n}\n\n.sa-faq details .sa-faq-answer {\n    padding: 0 18px 14px 18px;\n    font-size: 17px;\n    line-height: 1.7;\n    color: #1a1a1a;\n}\n\n@media (max-width: 768px) {\n    .sa-wrapper {\n        font-size: 16px;\n        padding: 16px;\n    }\n    .sa-wrapper h2 {\n        font-size: 24px;\n    }\n    .sa-wrapper p {\n        font-size: 16px;\n    }\n    .sa-two-col {\n        flex-direction: column;\n    }\n    .sa-timeline-item {\n        flex-direction: column;\n        gap: 4px;\n    }\n    .sa-timeline-date {\n        padding-top: 0;\n    }\n}\n<\/style>\n\n<div class=\"sa-wrapper\">\n\n<p>Saudi Aramco, officially the Saudi Arabian Oil Company, was founded in 1933. It grew from one concession into the world's largest petroleum producer.<\/p>\n\n<p>The company produces 12.7 million barrels of oil equivalent daily and holds over 270 billion barrels of reserves.<\/p>\n\n<p>Headquartered in Dhahran, Saudi Arabia, Aramco is majority state-owned.<\/p>\n\n<div class=\"sa-two-col\">\n<div>\n<h2 style=\"margin-top: 20px;\">About Saudi Aramco<\/h2>\n<div class=\"sa-box-rounded\">\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Sector<\/span>\n    <span class=\"sa-info-value\">Energy<\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Industry<\/span>\n    <span class=\"sa-info-value\">Petroleum & Natural Gas<\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">CEO<\/span>\n    <span class=\"sa-info-value\">Amin H. Nasser<\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Website<\/span>\n    <span class=\"sa-info-value\"><a href=\"https:\/\/www.aramco.com\" rel=\"nofollow\" class=\"external\">aramco.com<\/a><\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Headquarters<\/span>\n    <span class=\"sa-info-value\">Dhahran, Saudi Arabia<\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Founded<\/span>\n    <span class=\"sa-info-value\">1933<\/span>\n<\/div>\n<div class=\"sa-info-row\">\n    <span class=\"sa-info-label\">Status<\/span>\n    <span class=\"sa-info-value\">Public (Tadawul)<\/span>\n<\/div>\n<\/div>\n<\/div>\n\n<div>\n<h2 style=\"margin-top: 20px;\">Saudi Aramco Founders<\/h2>\n<div class=\"sa-box-rounded\">\n<div class=\"sa-founder-item\">\n    <div class=\"sa-founder-name\">King Abdulaziz bin Abdulrahman Al Saud<\/div>\n    <div class=\"sa-founder-role\">Granted the original oil concession on behalf of Saudi Arabia<\/div>\n<\/div>\n<div class=\"sa-founder-item\">\n    <div class=\"sa-founder-name\">Standard Oil Company of California (SoCal)<\/div>\n    <div class=\"sa-founder-role\">American partner; formed CASOC subsidiary to manage operations<\/div>\n<\/div>\n<div class=\"sa-founder-item\">\n    <div class=\"sa-founder-name\">Lloyd Hamilton<\/div>\n    <div class=\"sa-founder-role\">SoCal attorney who negotiated the 1933 concession agreement<\/div>\n<\/div>\n<div class=\"sa-founder-item\">\n    <div class=\"sa-founder-name\">Max Steineke<\/div>\n    <div class=\"sa-founder-role\">Chief geologist who directed the drilling that struck oil in 1938<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<h2>Saudi Aramco History<\/h2>\n\n<p>Saudi Aramco went from a small American-Saudi partnership to the most profitable corporation on Earth within a few decades. Here are five turning points that shaped the company.<\/p>\n\n<div class=\"sa-timeline\">\n\n<div class=\"sa-timeline-item\">\n    <span class=\"sa-timeline-date\">1933<\/span>\n    <div class=\"sa-timeline-content\">Saudi Arabia signed a concession agreement with Standard Oil of California, creating the California-Arabian Standard Oil Company (CASOC).<\/div>\n<\/div>\n\n<div class=\"sa-timeline-item\">\n    <span class=\"sa-timeline-date\">1938<\/span>\n    <div class=\"sa-timeline-content\">Commercial oil production began at Dammam No. 7, Saudi Arabia's first successful well, known as the \"Prosperity Well.\"<\/div>\n<\/div>\n\n<div class=\"sa-timeline-item\">\n    <span class=\"sa-timeline-date\">1980<\/span>\n    <div class=\"sa-timeline-content\">The Saudi government acquired 100% ownership of Aramco, completing a gradual nationalization process that started in 1973.<\/div>\n<\/div>\n\n<div class=\"sa-timeline-item\">\n    <span class=\"sa-timeline-date\">1988<\/span>\n    <div class=\"sa-timeline-content\">A royal decree established the Saudi Arabian Oil Company (Saudi Aramco), replacing the former Aramco structure entirely.<\/div>\n<\/div>\n\n<div class=\"sa-timeline-item\">\n    <span class=\"sa-timeline-date\">2019<\/span>\n    <div class=\"sa-timeline-content\">Saudi Aramco listed on the Tadawul stock exchange, raising $25.6 billion in the largest initial public offering in history.<\/div>\n<\/div>\n\n<\/div>\n\n<h2>FAQs<\/h2>\n\n<div class=\"sa-faq\">\n\n<details>\n<summary>Who owns Saudi Aramco?<\/summary>\n<div class=\"sa-faq-answer\">The Saudi Arabian government owns approximately 98% of Saudi Aramco \u2014 about 81% directly and 16% through the Public Investment Fund. The remaining 2.4% trades publicly on the Saudi Exchange (Tadawul).<\/div>\n<\/details>\n\n<details>\n<summary>When did Saudi Aramco come out?<\/summary>\n<div class=\"sa-faq-answer\">The company originated in 1933 as the California-Arabian Standard Oil Company. It was officially renamed Saudi Aramco by royal decree in November 1988. Its shares began public trading on the Tadawul exchange on December 11, 2019.<\/div>\n<\/details>\n\n<details>\n<summary>Is Saudi Aramco an American company?<\/summary>\n<div class=\"sa-faq-answer\">No. Saudi Aramco is a Saudi state-owned company headquartered in Dhahran, Saudi Arabia. It originated from an American-Saudi partnership in 1933, but the Saudi government took full ownership in 1980 and has controlled it since.<\/div>\n<\/details>\n\n<details>\n<summary>Who made Saudi Aramco logo?<\/summary>\n<div class=\"sa-faq-answer\">Saudi Aramco's in-house branding team developed the current logo. It features a blue-to-green gradient square with a ten-pointed star pattern made of white dots, paired with bilingual Arabic and English text.<\/div>\n<\/details>\n\n<\/div>\n\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Cap Revenue Earnings Stock Saudi Aramco, officially the Saudi Arabian Oil Company, was founded in 1933. It grew from one concession into the world&#8217;s largest petroleum producer. The company produces 12.7 million barrels of oil equivalent daily and holds over 270 billion barrels of reserves. Headquartered in Dhahran, Saudi Arabia, Aramco is majority state-owned. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"class_list":["post-18916","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudi Aramco<\/title>\n<meta name=\"description\" content=\"Market Cap Revenue Earnings Stock Saudi Aramco, officially the Saudi Arabian Oil Company, was founded in 1933. 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