Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Equity Bottom-Up

<ul>
<li>Aramco’s Q3 revenue is expected to fall 10.6% QoQ and 0.8% YoY, while its EPS is anticipated to drop 6.8% QoQ and 24.4% YoY.</li>
<li>Saudi Aramco is vulnerable to oil price declines due to stalled production expansion from OPEC quotas, facing pressure from lower upstream realisations and weaker refining margins.</li>
<li>Aramco plans to increase gas production by 60% by 2030 compared to 2021 levels. It aims to capture 11m tonnes of CO2 annually from its facilities by 2035.</li>
</ul>


Aramco’s Q3 revenue is expected to fall 10.6% QoQ and 0.8% YoY, while its EPS is anticipated to drop 6.8% QoQ and 24.4% YoY.
Saudi Aramco is vulnerable to oil price declines due to stalled production expansion from OPEC quotas, facing pressure from lower upstream realisations and weaker refining margins.
Aramco plans to increase gas production by 60% by 2030 compared to 2021 levels. It aims to capture 11m tonnes of CO2 annually from its facilities by 2035.


[Earnings Preview] Aramco Projected to Bleed in Q3 Amid Significant Drop in Crude Oil Prices