The Economics of Saudi Aramco: The Most Valuable Company in History?

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On December 11th, 2019, The Kingdom of Saudi Arabia launched its initial public offering of Saudia Aramco onto the Tadawul public stock exchange.

The companies initial offering actually went quite well after an unprecedented marketing campaign which before this event was pretty much unheard of.

On the second day of trading, the company hit a market cap of 2 trillion dollars, easily eclipsing Apple, Amazon, and Microsoft to go on and become the single most valuable company in history.

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📚 Want to learn more about Saudi Aramco? We recommend reading "Saudi, Inc.",

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[EconomicsExplained]

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[ThatGuyMagnum]

This is a seriously underrated channel. As an econ student I still find these really enjoyable!

[MyNameIsEarl]

"Midwestern second-hand Ford dealership"

Shows drone footage of scrapyard 🤣

[abdulazizalkunaydiri]

im a saudi that has actually invested in aramco and really appreciate how unbiased and useful the information you provided in this video are, one thing to note however, while initially the government planned to list %5 of aramco's shares, it ended up only listing %1.5 of the company.

[Dymm]

Last time I was this early I still thought I had a promising future.

[jacobayre]

You should make these into podcasts as well, I love listening to these whilst doing work

[huseinnashr]

Last time i was this early, the oil price is still positive.

[greymagic]

"the illness that must not be named"
Amazing.

[IHazSmellyFartz]

As an Alaskan I'd love to hear EE's thoughts on our state running our own oil company like the Saudis instead of the leasing to private companies for a small royalty.

[sm]

Australians be like: woof of wall street

[vectoredthrust]

Do the economics of Saudi Arabia as a whole next, as a “part 2” if you will to this video, since many have described aramco having Saudi Arabia rather than the other way around because of how significant the company is the country

[Lohoris]

I've seen an IPO ad on TV about 25 years ago! It was from ENEL, the Italian state owned energy company going public.

[armyman]

This is called "dumping on the suckers", or more elegantly "distribution"

[mariolis]

I learned about the existence of thid conpany because they are sponsoring F1...

I have been watching your videos for a while but, i only now noticed you made a video on this company

[abdolrhmanjehani]

The Saudi Exchange market isn't small. It's the same size as Germany's market. (the 7th biggest worldwide)

And the Saudi currency is linked to the US dollar, it never fluctuates, it has been stable for almost 70 years now.

[Alexapartments]

Great content, watching, learning and enjoying! Thnanks and keep it uP!

[MrKIMBO]

" Cat movie" . That is good joke.😆😂

[ABH]

wow amazing, i really like Saudi Aramco now

[makbulgani]

Very explained..Sir
Good to know about the company

[Monkechnology]

I'd like to add another fact: Saudi Aramco wasn't allowed to enter the big stock exchanges like NYSE, LSE or TYO because many analysts didn't like how the saudi royal family uses Saudi Aramco as their own piggy bank and their unwillingness to disclose certain public information. That's one of the reasons the IPO was made in Tadawul instead of a international stock exchange.