Saudi Aramco Quarterly Profit Down 15 Percent On Low Prices

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.
Saudi Aramco Keeps Huge Dividend Despite Lower Profit
Saudi Aramco reported a 15.4% decline in Q3 earnings due to lower oil prices, but maintained its $31.1 billion dividend payout to support Saudi Arabia's Vision 2030.
Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh
Saudi Arabia logged a budget deficit of $8bn (SAR30bn) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue. The kingdom’s total spending came to SAR339bn in the quarter as it continued to spend ...
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 weaker refining margins, but maintained its generous dividend at $31.1bn for the quarter.
Saudi Arabia posts $8 bln Q3 deficit as lower oil prices weigh
Saudi Arabia logged a budget deficit of 30 billion riyals ($8 billion) in the third quarter, a finance ministry statement showed on Monday, as lower oil prices weighed on revenue.
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.
Oil giant Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Aramco's shares are down about 17 per cent this year, trailing the performance of Western oil majors Exxon and Shell, but broadly in line with BP, which is down 18 per cent
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15 pct from 2023
Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into
Inquirer on MSN1d
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.
The Punch Newspapers1d
Saudi Aramco’s Q3 profit dips by 15%
Saudi Arabia, the world’s biggest crude exporter, is currently producing roughly nine million barrels per day (bpd), well below its capacity of 12 million bpd. This reflects a series of output ...
Zawya13h
Saudi Arabia is the largest global investor in tourism sector: minister
Saudi Tourism Authority Chief Executive and Board Member Fahd Hamidaddin said that Saudi Arabia is celebrating its tourism achievements and record-breaking growth at this major international ...
Aramco reports net income decline of 15.3 percent in Q3
Saudi Arabia's national oil company, Aramco, reported a net income decline of approximately 15.3 percent for the third quarter of 2024, in line with ...
Saudia Records 10% Growth in Guest Transportation for Q3 2024
Over 9 million guests transported on more than 49,500 flights Jeddah, Saudi Arabia--(Newsfile Corp. -) - Saudia, the national ...
Arabian Business8h
UAE’s debt capital markets notch up 13% growth in Q3: Fitch Ratings
The surge in the debt capital market places the UAE fourth globally in all currencies, after Malaysia, Saudi Arabia, and ...