- Saudi Aramco<\/strong> (2222.SE) $480.4 billion<\/li>
- PetroChina<\/strong> (0857.HK) $408.2 billion<\/li>
- Sinopec<\/strong> (0386.HK) $420.5 billion<\/li>
- ExxonMobil<\/strong> (XOM) $344.6 billion<\/li>
- Shell<\/strong> (SHEL) $289.0 billion<\/li>
- Total<\/strong> (TTE) $195.6 billion<\/li>
- BP<\/strong> (BP) $194.6 billion<\/li>
- Chevron<\/strong> (CVX) $202.8 billion<\/li><\/ul><\/div><\/article>
Share price for Saudi Aramco: 27.2
Why is Saudi Aramco so profitable?<\/h3><\/div>
![\"George](\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/3\/2022\/05\/georgesweeney_Finder_600x600.jpg\")
<\/p>Finder money expert George Sweeney<\/a> answers <\/em><\/div><\/div>Even as we attempt to transition to a greener future, oil and gas are still a global necessity. With a limited supply of these commodities<\/a>, the prices have remained fairly high over the past few years.Saudi Aramco controls the second-largest crude oil reserves, and has the largest daily production capacity for oil barrels worldwide. The fact that Saudi Aramco is still largely nationalised can work in its favour as the company can be more efficient with fewer checks and balances. There\u2019s only really one major shareholder to appease and this gives the firm a steady sense of direction.<\/p><\/div><\/div><\/div><\/article><\/p>
Pros and cons<\/h3>
\n\nPros<\/h4>\n
- \n
- One of the largest and most profitable companies in the world<\/li>\n
- More accessible to investors since the 2019 IPO<\/li>\n
- Fewer regulation measures for energy than in other countries<\/li>\n <\/ul>\n <\/div>\n \n \n
Cons<\/h4>\n
- \n
- Difficult to buy shares unless you're a Saudi national or have a high net worth<\/li>\n
- Alternative options like using CFDs is risky<\/li>\n
- There have been accusations of human rights violations<\/li>\n <\/ul>\n <\/div>\n <\/div>\n
Compare investment services<\/h3>
Table: sorted by promoted deals first<\/div>\n\n <\/div>\n\n\n
- PetroChina<\/strong> (0857.HK) $408.2 billion<\/li>