Straight from the most trusted source of news & opinion in the investment world – oilprice.com.
Aramco's dividend basically entirely goes to the Saudi government, which owns 98.5% of the company. It is still comfortably the largest oil company in the world, and is investing hundreds of billions in operations over the next few years. Here's a much more objective status report on the company – https://www.bloomberg.com/news/articles/2021-07-07/saudi-ara....
Aramco's dividend basically entirely goes to the Saudi government, which owns 98.5% of the company. It is still comfortably the largest oil company in the world, and is investing hundreds of billions in operations over the next few years. Here's a much more objective status report on the company – https://www.bloomberg.com/news/articles/2021-07-07/saudi-ara....