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Saudi Arabian Oil Co (SAU:2222) Accounts Payable & Accrued Expense for Financial Companies


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What is Saudi Arabian Oil Co Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Saudi Arabian Oil Co (SAU:2222) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Arabian Oil Co (SAU:2222) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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P.O. Box 5000, Dhahran, SAU, 31311
Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with production volume of 13.6 mmboe/d in 2022, including 11.5 mmboe/d of liquids. Its 4.1 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 56.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.