Friday 8 January 2016

Too Big to Value: Why Saudi Aramco Is in a League of Its Own - Bloomberg Business

Too Big to Value: Why Saudi Aramco Is in a League of Its Own - Bloomberg Business:

"By any measure, Saudi Arabian Oil Co. is in a league of its own.
Take its oil reserves -- roughly 260 billion barrels, nearly 10 times those of the global ultra-major Exxon Mobil Corp. Or its daily production -- 10 million barrels, more than the domestic output of every U.S. oil company combined.
 
Which is why the mere suggestion that this state-owned oil giant might go public seems so outlandish. Would the Kingdom of Oil really place its crown jewel in the hands of fickle investors?"



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