Saudi Aramco: The Most Profitable Company Ever Built When Does The World Cup Start [3R9z9vQYrkY]
Tag: #When Does The World Cup Start, #saskpower, #cramlington, #christopher harborne
Saudi Aramco made $161.1 billion in profit in a single year more than Apple, Microsoft, Google, and Amazon combined. This is the full story of the most profitable company in human history.
In 2022, one company's profit exceeded the GDP of Hungary. It pumps 12% of all global oil and its production decisions change the cost of living for 8 billion people. This is how Saudi Aramco actually works.
TIMESTAMPS:
0:00 The $161 Billion Year
1:00 The Empty Desert: Saudi Arabia in 1932
1:38 The Moment Everything Changed (Dammam Well No. 7)
2:18 How Saudi Arabia Got Aramco Back
3:30 The Reserves: 297.5 Billion Barrels
4:41 Ghawar: The Largest Oil Field on Earth
5:00 Abqaiq: The World's Most Important Factory
5:30 The 2019 Attack That Shook Global Markets
6:00 Ras Tanura and the Pipeline That Bypasses History
7:00 The IPO: Largest in Human History
7:18 Who Actually Owns Aramco
9:30 How Aramco Built a Nation
10:04 The Ripple Effect: 8 Billion People
10:49 dream vs wings Vision 2030: The $3 Trillion Pivot
12:00 Five Mind-Blowing Fast Facts
13:00 The Closing Thought
KEY FACTS FROM THIS VIDEO:
Saudi Aramco 2022 net profit: $161.1 billion
Saudi Arabia's proven oil reserves: 297.5 fever vs wings billion barrels (17% of global total)
Ghawar oil field output: 3.8 million barrels per day still producing after 75 years
Abqaiq plant: processes 7 million barrels of crude per day
Average Saudi production cost: $2.80/barrel vs. global average of $30$40
Aramco 2019 IPO: raised $29.4 billion largest IPO in history at that north carolina courage vs orlando pride time
Quarterly dividend: $19.5 billion paid every quarter regardless of oil prices
Saudi Arabia still owns 98.5% of the company
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