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Saudi oil giant Aramco posts fall in full annual profits, dividend


Saudi Arabia, Saudi Arabia on November 3, 2019, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia Plaza Conference Center Aramco press conversations before the start of the Aramco press conference.

Hamad i Mohammed | Reuters

Saudi State Oil Manufacturer Aramco landed on Tuesday in 2024 for $ 106.2 billion in net profit $ 121.3 billion in 2023.

The company said that $ 2025 is $ 2025, the total increase in 2024 a total of $ 124.2 billion.

It comes as it reduces its total payment for the fourth quarter. The oil giant will increase the dividend to $ 21.1 billion for the last three months of the year and its performance will be only $ 200 million. It is compared to a $ 20.3 billion quarter base and a dividend related to a $ 10.8 billion performance.

Low oil prices have increased raw production around the world and slowed down the world’s net profit. Global Benchmark Brent Crude Customs the price of the futures $ 80 for a barrel in 2024According to the US Energy Information Office, less than $ 2 in 2023.

Aramco’s revenues fell to $ 446.6 billion in 2024 to $ 440.6 billion.

This broke news story is updated.



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