Saudi Arabian Oil Company

Saudi Stock Exchange 2222.SR

Saudi Arabian Oil Company Gross Profit Margin for the year ending December 31, 2023: 56.93%

Saudi Arabian Oil Company Gross Profit Margin is 56.93% for the year ending December 31, 2023, a 4.00% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Saudi Arabian Oil Company Gross Profit Margin for the year ending December 31, 2022 was 54.74%, a -2.43% change year over year.
  • Saudi Arabian Oil Company Gross Profit Margin for the year ending December 31, 2021 was 56.11%, a 9.81% change year over year.
  • Saudi Arabian Oil Company Gross Profit Margin for the year ending December 31, 2020 was 51.09%, a -12.35% change year over year.
  • Saudi Arabian Oil Company Gross Profit Margin for the year ending December 31, 2019 was 58.29%, a -7.35% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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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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