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Saudi Aramco Profit Falls on Refining Weakness
Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.
Saudi Aramco's Quarterly 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.
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.
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.
Saudi Aramco’s profit dropped by 11% in nine months due to ‘lower crude oil prices’
Saudi Arabian Oil Company (Aramco) says its net income dropped by 11 percent to $83.9 billion in nine months, compared to $94.5 billion in the corresponding period.
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.
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, backing Vision 2030 and economic stability.
الشرق الأوسط
11h
Aramco Maintains $31 Billion in Dividends Despite Profit Decline
Saudi Aramco retained its position as the world’s top dividend distributor, maintaining its quarterly payouts at $31.05 ...
Zawya
1d
Saudi Aramco Q3 profit drops 15% over lower crude prices, weak refining margins
Saudi
Arabia’s state energy giant
Aramco
’s Q3 2024 net
profit
plummeted over 15% year-on-year (YoY) to $27.6 billion, ...
AFP on MSN
1d
Saudi Aramco says quarterly 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.
Gulfbusiness.com on MSN
1d
Saudi Aramco reports 15% drop in Q3 profit, maintains dividend
Saudi
oil giant
Aramco
on Tuesday reported a 15.4 per cent drop in third-quarter
profit
due to lower crude prices and ...
1d
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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