[Earnings Review] Saudi Aramco Maintains Dividend Despite Decline in Net Profit in Q3
Aramco shifted to a net debt position as dividend payouts surpassed cash flow. Profit dropped 15.4% YoY on weaker oil prices and refining margins,...
321 Views
[Earnings Preview] Aramco Projected to Bleed in Q3 Amid Significant Drop in Crude Oil Prices
Aramco's revenue and profit are projected to decline QoQ and YoY due to weak crude oil prices. OPEC supply quotas restrict output increases, making...
170 Views
[Earnings Review] Saudi Aramco’s Earnings Dip as Lower Output and Refining Margins Bite
Aramco's Q2 revenue rose 5% YoY but earnings fell 3.4% due to lower production and refining margins. Dividends were declared at USD 31.1 billion...
232 Views
Saudi Aramco and China’s Rongsheng Plan Closer Tie-up
Saudi Aramco and its Chinese partner Rongsheng Petrochemical Co. Ltd. have agreed to deepen their tie-up further by taking a stake in each other’s...
435 Views
Global O&G Firms' Credit Quality Improves on Tighter Oil Markets
Oil spot prices have gained at a relatively stable pace since the start of 2024, with crude prices rising close to 19% year to date. Robust demand...
230 Views