saudi aramco profit news

Aramco, Saudi oil

Saudi Aramco Profit Falls on Refining Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

MarketWatch on MSN · 1d

Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenues.

Reuters · 1d

Saudi Aramco reports 15% drop in Q3 profit but maintains dividend

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.

1dOpinion

Saudi Aramco Is Burning Cash – It Needs to Stop

If something cannot go on forever, it will stop. Saudi Aramco, the world’s largest oil company, isn’t an exception — despite ...

Upstream1d

Saudi Aramco underperforms in revenues but fares better in net income

According to Aramco's statement, the company's total revenues dropped by 5% to 465 billion Saudi riyals ($123.9 billion) ...

Zawya13d

Saudi Aramco Q3 net profit seen 20% lower YoY – Citi

Saudi Aramco is expected to see a drop in net profit year-on-year (YoY) in Q3 2024 on “weaker upstream realisations, lower refining margins and expected inventory losses”, according to research ...

Saudi Aramco Says Q3 Profit Drops 15% On Low Oil Prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

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