Analysis before buying or selling Saudi Aramco shares

First of all, keep an eye on the raw materials market and, more specifically, on the price of oil which the group’s activities largely depend on.

Carefully follow OPEC's declarations and all decisions concerning production quotas which will also have a direct impact on the price of this value.

You will naturally have to keep an eye on the competitors whose activities are linked to those of Saudi.

Also pay attention to all operations likely to modify the growth trends of this group such as partnerships, creation of joint ventures, takeovers or sales of subsidiaries and any other companies in the world.

You should also follow the official communications of this group for this fundamental analysis, in particular regarding its strategic growth plans and compare them with the results actually obtained by analysing the annual or quarterly financial results of the group.

Sinopec

Number two in this global ranking is Sinopec, also known as China Petroleum and Chemical Corporation which is a Chinese company based in Beijing. However, despite its large size, this company doesn't produce as much as the other companies in this ranking. It's also specialized in refined products such as fuels and produces an average of 1.6 million barrels each day.

China National Petroleum

Third place in the ranking goes to the China National Petroleum Corporation. It produces almost 4.4 million barrels each day.

Petrochina

In fourth place is the Petrochina group which is a Chinese oil and Gas Company and a subsidiary of the China National Petroleum Corporation.

Exxon Mobil 

Fifth place in the ranking goes to Exxon Mobil which is a company based in Texas and is also the largest private company in this sector. It operates on the majority of continents in these two business sectors.

Kuwait Petroleum Corporation

In sixth position is the Kuwait Petroleum Corporation, which is the only group to have made no acquisitions. It's one of the few producers in the Persian Gulf forming the backbone of OPEC.

Royal Dutch Shell 

In sixth place, the Anglo-Dutch company is one of the most important in the world and has activities all over the globe. The company has recently moved towards a diversification of its activities by developing its production of natural gas.

BP 

The British group BP is in seventh position in this ranking, particularly thanks to numerous acquisitions, many of which are in the United States and has been active in this sector for over a century.

TotalEnergy group 

In ninth place, the French giant TotalEnergies which operates throughout the oil life cycle with operations worldwide. This group bought Sunpower in 2011 and has therefore developed in the solar energy sector.

Lukoil

Finally, the tenth and last place in this ranking is occupied by Lukoil which is a Russian company bought by Getty Oil in 2000.  Most of its production is still carried out in Russia, but the group also has production sites in Iraq.

The Dow Chemical Company

In 2011, the Saudi Arabian Oil Company announced a strategic partnership with The Dow Chemical Company based on the creation of a joint venture in order to build and operate a chemical complex of international influence in the industrial city of Jubail in Saudi Arabia. This new joint venture was named Sadara Chemical Company and was the logical evolution of a comprehensive study on the feasibility of the project and the deployment of many engineering and design efforts that began in 2007.

TechnipFMC 

In 2019, it was with the TechnipFMC group that Saudi Aramco signed a new long-term partnership. This is a 6-year agreement for engineering, equipment supply, manufacturing, transportation and installation of offshore infrastructure to develop offshore projects for the Saudi Arabian oil company.

Total

Finally, the third and last partnership set up by Saudi Aramco to date is the one it signed with Total. Again, this is a joint venture between the two companies in the development, distribution and sale of petroleum products and related services in Saudi Arabia. The joint venture is owned equally by the two entities and provides for an investment of over one billion dollars on the Saudi market over the next 6 years. This joint venture will also offer motorists premium fuels and a wide range of related services.