Saudi Aramco Keeps Huge Dividend Despite Lower Profit ...Middle East

OILPRICE - Economy
Saudi Aramco Keeps Huge Dividend Despite Lower Profit
source : OILPRICE ( Middle East ) () 61
Saudi Aramco, the world’s largest oil company by production and market value, reported on Tuesday a 15.4% annual decline in third-quarter earnings, due to lower oil prices and weaker refining margins, but maintained its $31.1 billion quarterly dividend, most of which goes to the Kingdom. Aramco, which is also the world’s top crude oil exporter, booked a net income of $27.564 billion for the third quarter, down from $32.583 billion for the same period last year. Despite the drop, the earnings beat a $26.89 billion average consensus estimate…

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Aramco Keeps Huge Dividend Despite Lower Profit )

Also on site :

Most viewed in Economy
Scout Surface Solutions LLC Acquires Kinetic Pressure Control Ltd., Expanding Global Capabilities and Technology Leadership in Pressure and Flow Control
PR Newswire - before 11 hour & 43 minute
Century Huatong's Digiloong GAIC Opens for Entries, Spotlighting AI in Game Development
PR Newswire - before 10 hours & minute
Casio to Release MR-G Inspired by the World's Largest Frog
PR Newswire - before 11 hour & 9 minute
Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline
OILPRICE - before 5 hours & 40 minute
Nomura to buy Macquarie's U.S. and European public asset management business for $1.8 billion
CNBC - before 11 hour & 46 minute
NopalCyber Hires New Head of Sales to Scale Impressive Growth in India
PR Newswire - before 7 hours & 52 minute
IEA Warns of Unresolved Global Energy Security Threats
OILPRICE - before 4 hours & 31 minute
BFSI Crisis Management Market to Reach $30.46 billion by 2027 in the short run $72.3 billion by 2033 Globally at 16.7% CAGR: Allied Market Research
PR Newswire - before 4 hours & 39 minute
Investors Worry Trump’s Tariffs Could Cause a ‘World of Hurt’ for Startups
WIRED - before 58 minute
From a flirting game to a chatbot that speaks in Gen Z slang: 6 unexpected uses for AI
Quartz - before 2 hours & 58 minute
India's Modi and U.S. Vice President Vance optimistic on New Delhi-Washington trade deal
CNBC - before 4 hours & 10 minute
India’s Oil Imports From OPEC Hit Record Low as Russian Flows Soar
OILPRICE - before 31 minute


Latest News

Meet Heathos: Powering the Next Generation of Individual Healthcare Insurance

before 4 minute

Zimbabwe: Business As Usual in Harare As Geza's Stay Away Is Ignored

before 10 minute

Zebra Technologies Selects Ruder Finn as Agency of Record for the Americas

before 22 minute

India’s Oil Imports From OPEC Hit Record Low as Russian Flows Soar

before 31 minute

Miri Technologies Wins Two Prestigious Awards for X510 Bonding Router

before 40 minute

Chobani Plans to Invest Over $1 Billion in New N.Y. Factory

before 49 minute

Investors Worry Trump’s Tariffs Could Cause a ‘World of Hurt’ for Startups

before 58 minute

Strategel Wealth Society Introduces Intelligent Tool Backed by Benjamin Caldwell

before hour & 28 minute

U.S. Court Approves Floor-Setting $3.7-Billion Bid for Citgo’s Parent

before hour & 37 minute

Canada’s Seaborne Oil Exports Surged in March

before 2 hours & 32 minute

What are bonds? Risks, rewards, when to buy and why they’re so important

before 2 hours & 58 minute

From a flirting game to a chatbot that speaks in Gen Z slang: 6 unexpected uses for AI

before 2 hours & 58 minute

After Trump Spares Apple, Other Businesses Want a Tariffs Break

before 3 hours & 6 minute

April 2025 payment dates for benefits and pensions

before 3 hours & 15 minute

Advance Relocation Systems Has Been Selected to Attend the 2025 AAM Annual Meeting & MuseumExpo

before 4 hours & 6 minute