Saudi Aramco Net Income

Net Income of Saudi Aramco 2017-2019

Amounts are in $ millions.

YearNet Income
2019 (9 months ended Sep 30)$68,190
2018 (full year)$111,071
2017 (full year)$75,898

Saudi Aramco or the Saudi Arabian Oil Company is the world's largest oil and gas company involved in hydrocarbon exploration, production, refining, distribution and shipping as well as crude oil marketing services. It accounts for the world's one eight daily oil production. The company went public on the Saudi exchange on Dec 11, 2019. In 2018, Saudi Aramco produced 13.6 million BPD (barrels per day) of oil equivalent. Net income of Saudi Aramco for the first nine months of fiscal 2019 was $68.2 billion. For the full year 2018, its net income remained $111.1 billion. As of 2017, Saudi Aramco employed 70,762 people (including wholly owned subsidiaries).