Saudi Arabian Oil Co
2222: XSAU (SAU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SAR 78.50 | Jxly | Tbmfqrbh |
Saudi Aramco Is Investing in Growth Given Expectations of Continued Strong Oil Demand
Business Strategy and Outlook
Aramco’s size and cost position uniquely places it among all other publicly listed oil companies as the world’s largest oil producer. Its low operating and capital costs place its reserves at the bottom of the global cost curve and result in peer-leading returns on capital, leaving it as the sole oil producer to earn a wide moat.