Saudi Aramco is now the third-largest company by market capitalization, according to companiesmarketcap.com, a list of the world’s largest public companies by market capitalization that updates the rankings frequently.
The list places Aramco in third place with a market capitalization of $1.903 trillion, behind Microsoft with a market capitalization of $1.920 trillion and Apple with a market capitalization of $2.413 trillion. On December 21, 2022, Aramco ranks second on the companymarketcap.com list with a market cap of $1.81 trillion, behind Apple, which was listed at the time with a market cap of $2.10 trillion.
On May 13, 2022, the companymarketcap.com list ranked Aramco as the largest company by market capitalization, with a market capitalization of $2.38 trillion. The list at the time placed Apple in second place, with a market capitalization of $2.30 trillion.
In the latest companymarketcap.com list, Alphabet (Google) ranks fourth, with a market capitalization of $1.209 trillion, and Amazon ranks fifth, with a market capitalization of $996.03 billion. Tesla ranks seventh on the list, with a market cap of $659.11 billion, while the next oil and gas company on the list after Aramco, ExxonMobil, ranks 13th with a market cap of $454,240 millions of dollars.
Chevron ranks 25th on the list, with a market cap of $314.89 billion, while Shell ranks 43rd with a market cap of $216.36 billion, TotalEnergies ranks 72nd with a market cap of $154,130 million dollars, PetroChina is 88th with a market capitalization of $135 billion. ConocoPhillips ranks 99th with a market capitalization of $126.89 billion.
On February 2, Apple announced financial results for the first fiscal quarter of 2023 that ended on December 31, 2022. The company reported quarterly revenue of $117.2 billion, which it noted was down five percent year over year, and quarterly earnings per diluted share of $1.88.
On January 24, Microsoft Corp. announced its results for the quarter ended December 31, 2022. The company reported revenue of $52.7 billion and diluted earnings per share of $2.20 GAAP and $2.32 non-GAAP, which highlighted which marked a year-on-year decrease of 11 percent and six percent, respectively.
Aramco is currently scheduled to release its 2022 dividends and “key” financial results and its 2022 financial statements on March 12 and 13, respectively, the company’s website shows.
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