Saudi Arabian Oil Company

Saudi Stock Exchange 2222.SR

Saudi Arabian Oil Company Debt to Equity Ratio for the year ending December 31, 2023: 0.19

Saudi Arabian Oil Company Debt to Equity Ratio is 0.19 for the year ending December 31, 2023, a -30.32% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Saudi Arabian Oil Company Debt to Equity Ratio for the year ending December 31, 2022 was 0.27, a -40.88% change year over year.
  • Saudi Arabian Oil Company Debt to Equity Ratio for the year ending December 31, 2021 was 0.46, a -15.17% change year over year.
  • Saudi Arabian Oil Company Debt to Equity Ratio for the year ending December 31, 2020 was 0.54, a 218.93% change year over year.
  • Saudi Arabian Oil Company Debt to Equity Ratio for the year ending December 31, 2019 was 0.17, a 70.24% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Saudi Stock Exchange: 2222.SR

Saudi Arabian Oil Company

CEO Mr. Amin H. Nasser
IPO Date Dec. 11, 2019
Location Saudi Arabia
Headquarters PO Box 5000
Employees 67,947
Sector Energy
Industries
Description

Saudi Arabian Oil Company operates as an integrated oil and gas company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Upstream and Downstream. The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs). As of December 31, 2021, its reserves included 253.6 billion barrels of oil equivalent, including 196.9 billion barrels of crude oil and condensate; 25.2 billion barrels of NGLs; and 194.5 trillion standard cubic feet of natural gas, as well as 530 reservoirs within 137 fields distributed throughout the Kingdom and its territorial waters. The Downstream segment produces various chemicals, including olefins, methanol, MTBE, aromatics, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and engineering thermoplastics and their blends; and base oils, as well as in the refining and retail operations. It also supplies oil products; and trades in refined petroleum and liquid chemical products, and polymers. In addition, the company develops, manufactures, and markets high-performance rubber; and provides crude oil storage, investment, consulting, oil field, insurance, marketing and sales support, financing, and marine management and transportation services. Saudi Arabian Oil Company was founded in 1933 and is headquartered in Dhahran, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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