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Profile picture of Reuters
Reuters
Credibility A
 Aug 07 23
Aramco boosts dividend as Q2 profit drops 38% to $30.1 bln: Saudi state oil giant Aramco (2222.SE) on Monday announced an additional near $10 billion dividend ...
reuters.com/markets/commodities/aramco-q2-profit-down-38-30-bln-2023-08-07/
Aramco boosts dividend as Q2 profit drops 38% to $30.1 bln
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Profile picture of Calgary Herald
Calgary Herald
C+
 Aug 07 23
Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last year due to lower prices
nationalpost.com/pmn/news-pmn/saudi-arabian-oil-giant-aramco-reports-30b-in-q2-profits-down-nearly-40-from-last-year
Saudi oil giant Aramco reports $30B in profits, down nearly 40% from last ...
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Business Insider
B−
 Aug 07 23
Oil price outlook: Saudi Aramco says 38% Q2 profit drop due to falling prices: The state-run energy major reported about $30 billion in net profits last quarter ...
markets.businessinsider.com/news/commodities/oil-price-outlook-saudi-aramco-q2-earnings-crude-markets-energy-2023-8
Oil price outlook: Saudi Aramco says 38% Q2 profit drop due to falling ...
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Profile picture of CNBC
CNBC
B
 Aug 07 23
Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower prices bite
cnbc.com/2023/08/07/oil-giant-saudi-aramco-posts-sharp-drop-in-second-quarter-profit-as-lower-prices-bite.html
Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower ...
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english.alarabiya.net
C−
 Aug 07 23
Saudi Aramco says Q2 profits drop 38 pct on lower prices: Statement: Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter ...
english.alarabiya.net/business/energy/2023/08/07/Saudi-Aramco-says-Q2-profits-drop-38-pct-on-lower-prices-Statement
Saudi Aramco says Q2 profits drop 38 pct on lower prices: Statement
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Profile picture of The Guardian
The Guardian
B−
 Aug 07 23
Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in $30bn: Decline in crude oil prices and less refining income trims revenues inflated in ...
theguardian.com/business/2023/aug/07/saudi-aramcos-quarterly-profits-drop-nearly-40-but-it-still-rakes-in-30bn
Saudi Aramco’s quarterly profits drop nearly 40% but it still rakes in ...
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Profile picture of Bloomberg
Bloomberg
B+
 Aug 07 23
Aramco Boosts Payout to Government, Investors to $29 Billion: Saudi Aramco raised its payout to investors and Saudi Arabia’s government by more than half ...
bloomberg.com/news/articles/2023-08-07/aramco-boosts-dividend-to-29-4-billion-with-performance-payout
Aramco Boosts Payout to Government, Investors to $29 Billion
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Profile picture of The Jerusalem Post
The Jerusalem Post
B
 Oct 22
Saudi Aramco tells staff to evacuate Dhahran as clashes with Yemen's Houthis continue
jpost.com/middle-east/iran-news/article-912577
Saudi Aramco tells staff to evacuate Dhahran as clashes with Yemen's ...
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Inquirer.net Oct 18
Saudi Arabia executes five people on terrorism charges: This aerial view shows the city of Dhahran in eastern Saudi Arabia on October 14 ...
globalnation.inquirer.net/342481/saudi-arabia-executes-five-people-on-terrorism-charges
Saudi Arabia executes five people on terrorism charges
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Profile picture of Reuters
Reuters
A
 Oct 05
Saudi Arabia unexpectedly cuts oil prices to Asia: Saudi ​Arabia has unexpectedly cut November crude oil prices for Asia while it ‌raised those for northwest ...
reuters.com/business/energy/saudi-arabia-unexpectedly-cuts-oil-prices-asia-2026-10-04/
Saudi Arabia unexpectedly cuts oil prices to Asia
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Profile picture of manilastandard.net
manilastandard.net Feb 21 25
Aramco acquires 25% stake in Unioil Petroleum PH from Co family: Aramco (Arabian American Oil Company), one of the world’s leading integrated energy and ...
manilastandard.net/business/314560101/aramco-acquires-25-stake-in-unioil-petroleum-ph-from-co-family.html
Aramco acquires 25% stake in Unioil Petroleum PH from Co family
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Profile picture of Reuters
Reuters
A
 Nov 05 24
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 ...
reuters.com/business/energy/saudi-aramco-third-quarter-profit-drops-15-2024-11-05/
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
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Profile picture of Daily Sabah
Daily Sabah Aug 07 24
Saudi Aramco's profit slides as economic woes dampen energy prices: Saudi oil giant Aramco on Tuesday reported $56.3 billion in profits for the first half of the ...
dailysabah.com/business/energy/saudi-aramcos-profit-slides-as-economic-woes-dampen-energy-prices
Saudi Aramco's profit slides as economic woes dampen energy prices
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Profile picture of Saudi Gazette
Saudi Gazette May 07 24
Aramco reports $27.3 billion net income in Q1 2024: The net income for the first quarter of 2024 for Saudi Aramco, the world's leading energy company ...
saudigazette.com.sa/article/642691
Aramco reports $27.3 billion net income in Q1 2024
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Profile picture of Business Insider
Business Insider Apr 24 24
Aramco boss on China: That's why overproduction of solar cells is good: The West criticizes China's dumping prices on world markets. Saudi Aramco CEO Amin Nasser ...
businessinsider.de/wirtschaft/international-business/aramco-chef-zu-china-darum-ist-ueberproduktion-von-solarzellen-gut/
Aramco boss on China: That's why overproduction of solar cells is good
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Profile picture of PBS
PBS
A−
 Mar 10 24
Aramco announces $121 billion profit in 2023, Saudi oil giant's 2nd highest on record
pbs.org/newshour/economy/aramco-announces-121-billion-profit-in-2023-saudi-oil-giants-2nd-highest-on-record
Aramco announces $121 billion profit in 2023, Saudi oil giant's 2nd ...
Key FactsAramco Reports $121 Billion Profit in 2023
Mar 10, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: pbs.org
  • Saudi oil giant Aramco reports profit decrease due to lower energy prices.

  • Still the second-highest result in the company's history.

  • Lower results impact Saudi Arabia's development plans to reduce oil reliance.

  • Aramco plans to increase dividends for shareholders despite lower profits.
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Profile picture of Reuters
Reuters
A
 Mar 12 23
Saudi Aramco reports record profit of $161.1 billion in 2022: Saudi Arabian oil giant Aramco (2222.SE) on Sunday reported a record annual net profit of $161 ...
reuters.com/business/energy/saudi-aramco-reports-record-profit-1611-billion-2022-2023-03-12/
Saudi Aramco reports record profit of $161.1 billion in 2022
Key FactsSaudi Aramco announces record profits of £133.9 billion following an increase in oil prices.
Apr 10, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
  • Aramco, the Saudi Arabian oil giant, reported a record annual net profit of £133.7 billion ($161.1 billion) for 2022, up 46% from the previous year due to higher energy prices, increased volumes sold, and improved margins for refined products.

  • Aramco's capital expenditure increased 18% to $37.6 billion in 2022, and the company anticipates spending of $45 billion to $55 billion this year, including external investments.

  • Prices skyrocketed in March of last year as a result of Russia's invasion of Ukraine, with international benchmark Brent reaching $139.13 per barrel, its highest level since 2008.
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