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.
Aramco holds the largest and lowest-cost oil reserves in the world, which deliver some of the highest returns in the sector.
The Saudi government retains control of Aramco, raising the risk for minority investors that capital allocation, pricing, and dividend policies might be changed to its favor in the event of low oil prices or fiscal deficits.
|
Metric
|
2222
|
XOM
|
SHELL
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.85 | 12.39 | 8.81 |
Price/Book Value | 4.75 | 2.27 | 1.33 |
Price/Sales | 3.92 | 1.43 | 0.79 |
Price/Cash Flow | 14.05 | 8.54 | 5.98 |
|
Metric
|
2222
|
XOM
|
SHELL
|
|---|---|---|---|
Quick Ratio | 1.95 | 1.06 | 0.90 |
Current Ratio | 2.30 | 1.48 | 1.40 |
Interest Coverage | 106.76 | 63.17 | 7.40 |
|
Metric
|
2222
|
XOM
|
SHELL
|
|---|---|---|---|
Return on Assets (Normalized) | 18.56% | 10.42% | 6.70% |
Return on Equity (Normalized) | 30.53% | 19.34% | 14.92% |
Return on Invested Capital (Normalized) | 22.01% | 15.75% | 10.59% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
XOM
| Exxon Mobil Corp | Dghvslgmb | Kwqynb | $466.9 Bil | |
CVX
| Chevron Corp | Sjdflvtks | Vlsblc | $306.3 Bil | |
PCCYF
| PetroChina Co Ltd Class H | — | Jqkbs | $259.2 Bil | |
RYDAF
| Shell PLC | — | Wdztb | $232.3 Bil | |
SHEL
| Shell PLC ADR (Representing - Ordinary Shares) | Ygrbvfq | Vcjdv | $232.3 Bil | |
TTE
| TotalEnergies SE ADR | Xygypxs | Vbdp | $168.7 Bil | |
BP
| BP PLC ADR | Xkvwmnkd | Pgkz | $110.3 Bil | |
PBR
| Petroleo Brasileiro SA Petrobras ADR | Wyjhqxmxx | Mvyxg | $107.2 Bil | |
EQNR
| Equinor ASA ADR | Bfhllggh | Cyxbq | $78.8 Bil | |
E
| Eni SpA ADR | Hmplqcwn | Cxtp | $52.3 Bil |
