Saudi Aramco (hereinafter referred to as Saudi Aramco) is the national oil company of Saudi Arabia, established in 1933 and headquartered in dhahran, eastern Saudi Arabia. Mainly engaged in oil exploration, development, production, refining, transportation and sales, with the world's largest onshore oil fields and offshore oil fields.
On May 2, 2022 12, Saudi Aramco released the report for the first quarter of 2022. The report shows that Saudi Aramco's revenue in the first quarter of 2022 was 467 billion rials, a year-on-year increase of 72%; Operating profit was 2777. 1 100 million rials, up 83% year-on-year. The net profit (including minority equity) in the first quarter was 654.38+04.8 billion rials (about 39.47 billion US dollars), compared with 865.438+04.4 billion rials in the same period, up 82% year-on-year. In the first quarter of 2022, the dividend was $65.438 billion+08.8 billion, the asset-liability ratio was 8.0% at the end of the first quarter, and the free cash flow in the first quarter was $30.6 billion.
1933, American Mobil Oil Company of California signed an agreement with the Kingdom of Saudi Arabia to obtain the privilege of oil exploration, exploitation, processing, transportation and sales in eastern Saudi Arabia for 66 years. In the same year, California-Arab Mobil Oil Company was established.