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Saudi Aramco to delay launch of its initial public offering

Saudi Aramco, world’s largest IPO, gets delayed again—this time until December By @skleb1234 

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The trouble with Saudi Aramco’s off-again, on-again initial public offering has always been the valuation

The trouble with Saudi Aramco’s off-again, on-again initial public offering has always been the valuation

ANALYSIS: The main problem is that Saudi Arabia believes Aramco should trade at a premium to Big Oil. Many foreign investors disagree and argue the risks of investing in Saudimerit a discount (or at very best parity) to the likes of Exxon or Shell | #OOTT 

The trouble with Saudi Aramco’s off-again, on-again initial public offering has always been the valuation

Saudi Aramco, world’s largest IPO, gets delayed again—this time until December By @skleb1234 

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Environmental activists warn that Saudi Aramco's long-delayed IPO will enable it to raise billions of dollars that will be used to worsen the climate crisis

Saudi Aramco delays planned IPO until after earnings update: sources - Reuters - via @Reuters 

The latest delay in the Aramco IPO is a sign that the Saudi government is confident it can get a valuation closer to what it wants

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Yemen's Houthi rebels have claimed responsibility over the drones that struck two Saudi Aramco facilities, causing fires.

Drone attacks on two Saudi Aramco factories in Abqaiq and Khurais provinces sparked fires that the state oil company brought under control, the Saudi interior ministry spokesman said. More here:

BREAKING: Secretary of State Michael Pompeo blames Iran for attacks on a massive Saudi Aramco oil facility, saying there was no evidence the drones originated in Yemen .

Would very much appreciate Saudi Arabia doing their IPO of Aramco with the New York Stock Exchange. Important to the United States!

BREAKING VIDEO: Multiple explosions hit Saudi Aramco oil processing facility in Saudi Arabia - VOA

Saudi Aramco’s $111,100,000,000 profit in 2018 easily dwarfed all other businesses on the planet

Saudi Aramco generated a net income of $111 billion last year. That's bigger than the latest full-year income of Amazon, Apple and Exxon combined, making it the most profitable company on earth.

Most profitable companies, 2018. ($ billion) Saudi Aramco: 111.1 Apple: 59.5 Samsung: 39.9 JPMorgan Chase: 32.5 Alphabet: 30.7 Royal Dutch Shell: 23.4 ExxonMobil: 20.8 (Moody's Investors Service)

Most profitable companies, 2018. ($ billion) Saudi Aramco: 111.1 Apple: 59.5 Samsung: 39.9 JPMorgan Chase: 32.5 Alphabet: 30.7 Royal Dutch Shell: 23.4 ExxonMobil: 20.8 (Moody's Investors Service)

Most profitable companies, 2018. ($ billion) Saudi Aramco: 111.1 Apple: 59.5 Samsung: 39.9 JPMorgan Chase: 32.5 Alphabet: 30.7 Royal Dutch Shell: 23.4 ExxonMobil: 20.8 (Moody's Investors Service)

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