The Saudi Aramco IPO is going to be the world's largest public offering ever, with valuations estimated as high as $2 trillion…
And we want Money Morning readers to be prepared for the biggest IPO of all time, which is why we've created this complete Saudi Aramco stock and IPO guide.
The Saudi Aramco IPO news dominates headlines because of the company's massive valuation.
The Aramco valuation is claimed to be an enormous $2 trillion dollars.
The Aramco IPO value is reported to be over $2 trillion, but that eye-popping number might not be the most accurate valuation.
Those massive numbers have caught investors' attentions, and they have a lot of people hoping to get a slice of the Saudi Arabia oil company.
Investors hoping to own shares of Aramco stock are anxious to learn what the Saudi Aramco IPO price will be.
With a potential valuation of over $2 trillion, investors across the world know Aramco is a hugely valuable company.
There's a major discrepancy over the value of Saudi Arabia's state-owned oil company, and that could have a big effect on the Saudi Aramco IPO price.
Saudi officials now say the $2 trillion Aramco IPO valuation could be off by more than $500 billion.
Energy investors wrote off Canada's tar sands after oil prices plummeted 50% since 2014.
But that's a mistake, because this oil sands company has found a way to make a profit from the 300 billion barrels of oil there thanks to this tech breakthrough.
Here's the Canadian oil sands stock set for 70% gains this year...
Aramco controls 20% of the world's proven oil reserves, or 267 billion barrels of oil, and that has investors eager to buy Saudi Aramco stock.
They'll get their chance soon.
But potential investors need to pay careful attention to what's going on...
With a potential 315 billion barrels of oil, the Canadian oil sands are the third-largest oil reserves in the world.
While the oil sands, also called tar sands, have vast stores of oil, that oil has been notoriously expensive to extract.
Investing in oil is going to be hugely profitable in 2017, but don't get tricked into buying some of the most popular stocks on the market.
While they might be the most recognizable names in the oil industry, Big Oil stocks are some of the worst stocks you can own.
U.S. oil production is up 3% since OPEC struck a deal to cut its oil output on Nov. 30. But some observers doubt U.S. production growth can continue.
They are wrong…
