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Saudi Oil Giant Aramco’s decrease in profit, bushings dividend


Member of Multimedia Chat members before the start of the Aramco press conference, at the Dhahran Plaza Palace, Saudi Arabia, 3 November 2019.

Hamad I mohammed | Reuters

The Saudi State oil producer reported on Tuesday in 2024 at 1024 trillion decline in 106.2 billion 121.3 billion dollars in 2023.

The company has said a total of 85.4 million dollars in 2025 million – 2024 million important drop in 202.200 million.

It is because it reduces full payment in the fourth quarter. The giant oil said that dividend dividend distributed for the last three months of the year would rise to $ 21.1 million, but the payment associated with its performance will be just $ 200 million. This compares to a dividane on the third quarter of $ 20.3 million and a dividend of $ 10.8 billion.

The lower price of oil earned the net profit of the company last year as he increased and demanded crude production around the world. Future price prices of global references average $ 80 barrels in 2024According to the US Energy Information Administration, less than $ 2 for the average of 2023.

Aramco’s revenue in 2024, 436.6 billion fell to $ 440.8 billion compared to $ 440.8.

This news story is updating this story.

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