5 Biggest Gas Companies in the World

3. Saudi Arabian Oil Company (TADAWUL:2222.SR)

Number of Hedge Fund Holders: N/A

Revenue By the end of 2021: $400 billion

Saudi Arabian Oil Company (TADAWUL:2222.SR) is the biggest Saudi oil company that is managed by the Saudi Arabian government. The firm is headquartered in Dhahran, the Kingdom of Saudi Arabia.

Saudi Arabian Oil Company (TADAWUL:2222.SR) has one of the largest gas reserves in the world, and the firm has access to more than 194 trillion cubic feet of natural gas reserves. Its 2021 revenue stood at $400 billion, which made it one of the largest companies in the world in terms of revenue. The firm also announced a $1.5 billion fund in October 2022, stressing that it will focus on alternative energy but that such a transition will take time. Saudi Arabian Oil Company (TADAWUL:2222.SR) is aiming to launch an initial public offering (IPO) of its oil trading unit, with the unit expected to be valued at more than $30 billion.