Saudi Arabian Oil Company (2222.SR) vs GE Aerospace (GE)

Saudi Arabian Oil Company, commonly known as Saudi Aramco, is one of the world’s largest integrated energy companies. It explores for, produces, refines, transports, and markets crude oil, natural gas, petrochemicals, and related products. Aramco’s operations are centered in Saudi Arabia, where it controls some of the largest conventional oil reserves in the world. Its earnings are closely linked to global energy demand, production policy, refining margins, and long-term investment in oil, gas, and downstream chemical assets.

GE Aerospace (GE) is a global leader in the design, manufacturing, and servicing of commercial aircraft turbine engines, including through its CFM joint venture with Safran. Supported by a vast installed base of nearly 80,000 commercial and military engines worldwide, the company generates most of its profits from recurring service revenue tied to equipment that remains in operation for decades. GE Aerospace is now the core remaining business of the company founded in 1892, which has historical connections to American inventor Thomas Edison. General Electric evolved into a renowned conglomerate, reaching peak revenue of $130 billion in 2000, before spinning off its appliance, finance, healthcare, wind, and power businesses between 2016 and 2024.