11:14 PM EDT, 09/27/2026 (MT Newswires) -- (Updates with Saudi Aramco's statement) State-owned Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, tapped Evercore as an adviser on its plan to spin off its gas operations, Bloomberg News reported Sept. 26, citing people familiar with the matter. A standalone gas division could be valued over $100 billion through fresh investment, an initial public offering, or a minority listing. Boston Consulting Group also advised Aramco on the planned restructuring as part of Project Gamma. Saudi Aramco declined to comment when reached by MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.