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Saudi Aramco Faces $31 Billion Dividend Dilemma

CNBC on MSN · 1d

Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices and weakening refining margins," but maintained a 31.05 billion dividend. Aramco's dividend includes a base payout of $20.

Hosted on MSN · 1d

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

DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues. Aramco, formally known as the Saudi Arabian Oil Co., had ...

MarketWatch on MSN · 1d

Saudi oil giant Aramco third-quarter profits fall 15% on lower oil prices, dividend unchanged

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

1d

Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps

Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening ...

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) ...

7d

Vietnam says Saudi Aramco wants to invest in oil refining, petrol distribution

Oil giant Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian ...

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 ...

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