Saudi Aramco Says It’s ‘Ready’ for I.P.O. as It Reports Half-Year Earnings

Aug 12, 2019 · 2 comments
Kam Eftekhar (Chicago)
Given the explosive environment in the Persian Gulf, I would think this would be a risky investment driving down price.
robinhood377 (nyc)
This could be quite fascinating to watch unfold, as the deep allure of their desert landscape! Between what seems like incredibly high "special" dividends to its Kingdom holders to assuring their investment in Reliance is secured as a customer, to supply/demand still going up, while inflation remains anemically low relative to depth/breadth of global usage/economy, seems like a seismic shift in ARamco and its new investors remaining as a power player in this industry...along with Asia's roaring tiger demand to grow its middle class domestic consumption, albeit at a highly pollutive cost. I think the most worrying, is the $58/barrel for Brent, with supply not going down and renewables still moving at a fairly glacial pace of growth.