Which company operates the Tadawul-listed oil producer Saudi Aramco?

Saudi Aramco is the Tadawul-listed oil producer headquartered in Dhahran, Saudi Arabia.

The company’s formal name is Saudi Arabian Oil Company, while Saudi Aramco is its widely used English name. It is one of the world’s largest integrated energy companies, with operations spanning exploration, production, refining, chemicals, and distribution.

Saudi Aramco’s initial public offering took place in 2019 on Saudi Arabia’s Tadawul stock exchange. The listing made a portion of the company publicly traded while the Saudi government retained majority ownership.

Its market capitalization is closely watched because the company controls enormous hydrocarbon reserves and produces at very large scale. It should not be confused with a fully privately owned international oil major such as Shell or BP.