Investor overview

Saudi Aramco

Summary of key financials and investor information.

Saudi Aramco is the world’s largest integrated oil and gas company; its upstream operations manages the Kingdom’s unique hydrocarbon reserve base, optimizing production and maximizing long-term value. It also operates a strategically integrated global downstream business. Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs more than 68,000 people.

First-quarter 2022 results

Saudi Aramco's Q1 2022 results announcement

May 15, 2022

Saudi Aramco published its Q1 2022 dividend & key financial results on May 15, and its Q1 interim report and full financial statements on May 16, 2022.

First-quarter 2022 highlights

Financial

  • Net income: SAR 148.0bn ($39.5bn)
  • Free cash flow: SAR 114.9bn ($30.6bn)*
  • Dividend paid: SAR 70.3bn ($18.8bn)
 

Operational

  • Hydrocarbon production: 13.0 mmboed
  • Reliability: 99.9%

* Download the non-IFRS measures reconciliation and definitions.


CEO video remarks: Full-year 2021 results

“Our strong results are a testament to our financial discipline, flexibility through evolving market conditions and steadfast focus on our long-term growth strategy, which targets value growth for our shareholders. Although economic conditions have improved considerably, the outlook remains uncertain due to various macro-economic and geopolitical factors. But our investment plan aims to tap into rising long-term demand for reliable, affordable and ever more secure and sustainable energy. We recognize that energy security is paramount for billions of people around the world, which is why we continue to make progress on increasing our crude oil production capacity, executing our gas expansion program and increasing our liquids to chemicals capacity. We are also investing in CCS, renewables and low-carbon hydrogen production - supporting the global energy transition and advancing our net-zero ambition.”

Amin H. Nasser, President and Chief Executive Officer of Aramco