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.
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 prices which have stayed low despite production cuts and war in the Middle East.Yet despite lower production,
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 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 quarterly profit down 15 percent on low prices: statement
RIYADH, Saudi Arabia, Nov 5, 2024 (BSS/AFP) - Energy giant Saudi Aramco announced a 15 percent year-on-year drop in profits for the third quarter on Tuesday as oil prices stayed low.
Saudi Oil Giant Aramco Posts Third-Quarter Profits of $27.5 Billion
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 had revenues of $111.1 billion over the quarter,
Saudi Aramco third-quarter profit drops 15%
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.
Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third ... and weakening refining margins", the firm ...
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 ...
Wall Street Journal1d
Saudi Aramco Base Oil Co.-Luberef
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...