Could The Aramco IPO Kill OPEC?
By Cyril Widdershoven The global oil market could be entering unchartered waters in the coming weeks. After the US shale revolution, which threatened OPEC’s hold on and the stability of … Read more
aramco
Should You Buy the Saudi Aramco IPO?
by Frank Holmes, CEO, U.S. Global Investors Imagine waking up in your posh high-rise penthouse facing the Red Sea. Above the bustling city hangs a giant artificial moon that livestreams … Read more
Saudi Aramco publishes its IPO prospectus (658 pages!), but doesn’t disclose what % of shares the government is going to sell; neither the price range (theist of banks is spectacularly large)
Perhaps the biggest news is what’s missing: no % of shares; no price range (that we knew would come later). But more importantly: not independent geological assessment of the oil … Read more
Saudi Arabia Bullies Ultra-Rich Into Buying Aramco Stock
By Julianne Geiger Saudi Arabia is hitting up its wealthy citizens to buy stock in the Saudi Aramco IPO, Bloomberg sources with knowledge of the matter said on Thursday. The citizens Saudi … Read more
Saudi Aramco IPO Will Not Save Kingdom
by Tom Luongo via TomLuongo.me Saudi Crown Prince Mohammed bin Salman (MbS) has staked his country’s future on selling a 5% stake in Saudi Aramco, the most valuable asset it has. And it … Read more
Saudi Arabia is selling 5% of its giant $2 trillion oil company Aramco to China
Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $US2 trillion ($2.9 trillion) valuation ahead of an expected Sunday … Read more
The Shady Truth Behind The Aramco IPO
By Simon Watkins One thing that professional bank and fund traders know that others may not is to absolutely never trust the credit rating agencies in making trading decisions. The … Read more
Saudi Aramco aims to begin planned IPO on Nov. 3: sources
DUBAI/RIYADH (Reuters) – Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after … Read more
Is This The End Of The Aramco IPO?
By Cyril Widdershoven The Aramco IPO has become a headache for many investors having been delayed yet again this week. Banks are now worried that it will be delayed until … Read more
The Biggest Problem For The Aramco IPO
By Simon Watkins From almost the very moment in 2016 when Saudi Arabia first announced that it was to float its state-owned oil and gas behemoth, Saudi Aramco, in a … Read more
Aramco to Give Green Light for World’s Biggest IPO Next Week; IPO probably end of November. Current proposed timeline inside
by JealousEntrepreneur Upcoming key dates: Oct. 17 Board meets to make final decision on IPO Oct. 20 Announcement on intention to float Oct. 27 Prospectus for offering is published … Read more
New security fears jeopardize Saudi Aramco’s public stock offering
Whether Aramco moves forward with its IPO is a key question following strikes on its oil facility. Shareholders want to see volumes regardless of price, analysts told CNBC. The strikes … Read more
Aramco’s Oil Disruptions Could Last Months: Analyst
By Julianne Geiger Saudi Arabia’s disrupted oil production may last longer than originally thought, Amrita Sen, chief oil analyst at Energy Aspects Ltd., told Bloomberg on Monday, with full resumption of oil … Read more
Saudis Want Richest Families As Anchor Investors In Aramco IPO
By Tsvetana Paraskova Saudi officials have approached some of the richest families in Saudi Arabia about potentially becoming anchor investors in the initial public offering (IPO) of state oil giant … Read more
The No.1 Reason Why The Saudis Won’t Ditch The Aramco IPO
By Simon Watkins Last week Saudi Arabia announced that it is to launch its first Euro-denominated bonds shortly, following the recent bond issue from Saudi Aramco. At around the same … Read more
Explainer: how banks fed Aramco bond frenzy: Record orders of $100bn for debut oil bond shine a light on Wall Street tactics
by NineteenEighty9 www.ft.com/content/6c4d38c0-5ada-11e9-939a-341f5ada9d40 Saudi Aramco’s debut international bond sale drew $100bn of investor orders for the initial $10bn available to buy, smashing records for an emerging-market bond sale. How does … Read more