Saudi Arabian Oil Co
2222: XSAU (SAU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SAR 47.50 | Lhmy | Mrvblrg |
Aramco Curtails Growth Plans, Saving Capex While Maintaining Low-Cost Position
Business Strategy and Outlook
Aramco’s size and cost position give the company a unique place among all other publicly listed oil companies as the world’s largest oil producer. 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 Aramco as the sole oil producer to earn a wide moat rating.