Aramco - About the company
Aramco is a public company based in Dhahran (Saudi Arabia), founded in 1993. It operates as a Provider of exploration and production services for oil and gas sector. Aramco has raised an undisclosed amount in funding. The company has 615 active competitors, including 76 funded and 191 that have exited. Its top competitors include companies like Devon Energy, Antero Resources and Hess.
Company Details
Provider of exploration and production services for oil and gas sector. It provides energy and chemicals, and it is involved in various global initiatives, partnerships, and technological developments. In 2022, the company recorded annual revenues of $589.47B and a net profit of $156.36B.
- Website
- aramco.com
Key Metrics
Founded Year
1993
Location
Dhahran, Saudi Arabia
Stage
Public
Latest Funding Round
Investors
Ranked
5th among 615 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
168,220 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Aramco
Aramco is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Saudi Arabian Oil Company CIN: 2052101150 , Saudi Arabia, Active | Nov 13, 1988 | $1B+ (As on Dec 31, 2025) | - | - |
ARAMCO OVERSEAS COMPANY BV CIN: 915518362 , Norway, Active | Dec 17, 1989 | - | 2512 (As on Dec 31, 2022) | |
SAUDI ARABIAN OIL COMPANY SAUDI ARAMCO CIN: 980105730 , United States, Active | - | 2540 (As on Dec 31, 2018) | - |
Aramco's IPO details
Aramco got listed on Dec 11, 2019.
Click here to take a look at Aramco's IPO in detail
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Aramco's funding and investors
Aramco has raised funding over 4 rounds. Its first funding round was on Jul 01, 2019. Its latest funding round was a Post IPO round on Feb 13, 2022 for $*****. 1 investor participated in its latest round. Aramco has 7 institutional investors.
Here is the list of recent funding rounds of Aramco:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 13, 2022 | 8496334 | Post IPO | 1164130 | 5083823 | 1353734 | 2746673 |
Apr 12, 2021 | 4607782 | Post IPO | 7333768 | 7274289 | 5853651 | |
Mar 01, 2020 | 5824276 | Grant (prize money) | 1038233 | 3007210 | 3726135 |
View details of Aramco's funding rounds and investors
Aramco's founders and board of directors
Founder? Claim ProfileAramco's employee count trend
Aramco has 168,220 employees as of Sep 26. Here is Aramco's employee count trend over the years:
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Aramco's Competitors and alternates
Top competitors of Aramco include Devon Energy, Antero Resources and Hess. Here is the list of Top 10 competitors of Aramco, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Devon Energy 1971, Oklahoma City (United States), Public | Exploration and Production company | $3.78B | 69/100 | |
2nd | Antero Resources 2002, Denver (United States), Public | Independent oil and gas exploration and production company | $71.8M | 69/100 | |
3rd | Hess 1919, New York City (United States), Acquired | Exploration and production of crude oil and natural gas | - | 69/100 | |
4th | Chessapeake 1989, Oklahoma City (United States), Public | Exploration and production of unconventional oil and gas | $460M | 68/100 | |
5th | Aramco 1993, Dhahran (Saudi Arabia), Public | Provider of exploration and production services for oil and gas sector | - | 67/100 | |
6th | BKV 2015, Denver (United States), Public | Producer of net-zero natural gas, pursuing carbon-neutral energy solutions. This company focuses on making natural gas production carbon-neutral, addressing the need for a rapid transition to net-zero energy. They are actively involved in carbon capture projects and are committed to sustainable energy practices. The company's operations emphasize operational excellence, employing advanced technologies and prioritizing carbon-negative initiatives. They also prioritize community engagement and responsible stakeholder relationships. | $250M | 65/100 | |
7th | Matador Resources 2003, Dallas (United States), Public | Provider of oil & gas exploration and production services | $49.1M | - | 65/100 |
8th | Ascent Resources 2014, Oklahoma City (United States), Public | Private equity-backed natural gas exploration and production company | - | 61/100 | |
9th | ConocoPhillips 1875, Houston (United States), Public | Provider of integrated energy services | - | 61/100 | |
10th | Kosmos Energy 2003, Dallas (United States), Public | Provider of exploration and production services to oil and gas sector | $1.05B | 61/100 |
Looking for more details on Aramco's competitors? Click here to see the top ones
Aramco's Investments and acquisitions
Aramco has made 18 investments in companies including Deep Intelligent Control and Huadehydrogen. Aramco has also acquired 5 companies including Esmax and Motiva.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 08, 2026 | Investments | 2018 | Nanjing (China) | |
Jun 24, 2026 | Investments | - | ||
Mar 24, 2025 | Investments | 2024 | Jubail (Saudi Arabia) |
See all investments and acquisitions by Aramco
News related to Aramco
Media has covered Aramco for a total of 220 events in the last 1 year, 120 of them have been about company updates and 33 about partnerships.
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Saudi Aramco Q3 net profit rises 34.5% as higher oil prices offset lower volumesThe Business Times•Nov 03, 2026•Aramco
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Aramco Invests $2.6 Billion in Saudi AI Company Humain to Drive Regional GrowthGulf News•Nov 01, 2026•Aramco, HUMAIN
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Saudi Arabia to Store Oil in Singapore's Jurong Rock Caverns to Boost Asia Supply SecurityInternational Finance•Oct 28, 2026•Aramco, com.sg
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Hikvision and Aramco Sign MoU to Explore AI-Driven Environmental Solutions1st Academy of Security Science Education•Oct 27, 2026•Aramco, Hikvision
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UAE contractor NMDC Energy wins three Saudi Aramco offshore jobs worth $763mPortNews•Oct 26, 2026•Aramco
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Saudi Steel Pipe Company Secures $46.4 Million Contract from Aramco for Steel Pipe SupplyMEConstructionNews.com•Oct 14, 2026•Aramco, Saudi Steel Pipe
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JPMorgan and Goldman Sachs Push $5B Volta AI Loan Amid Rising YieldsCryptocurrency•Oct 13, 2026•Goldman Sachs, J P Morgan, DigiPower X, Asian Development Bank and 1 other
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Houthis threaten to attack Aramco as Saudi-led coalition orders evacuation of Yemen oil facilitySeeking Alpha•Oct 13, 2026•Aramco
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OrbitronAI and Aramco Digital Partner to Develop Industrial AI Solutions in Saudi ArabiaMiningstockeducation•Oct 08, 2026•Aramco, OrbitronAI
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