Foolish Trivia

Name That Company

I trace my roots back to 1933, when a Middle Eastern country permitted Standard Oil of California (Socal) to explore for oil. I started producing oil in 1938, and by the 1940s, I was known as the Arabian American Oil Co. By 1980, Texaco, Mobil, Exxon and Socal had sold their entire stakes in me to my local government. In 2019, I went public, selling shares of myself for the first time and becoming the world’s most valuable company, with a market value of almost $2 trillion. At that time, it was the largest initial public offering (IPO) ever. Who am I?