Aramco’s profit rises as refining margins strengthen amid Iran war
Downstream earnings jumped more than threefold to a record $10.3 billion as higher oil prices lifted adjusted net income to $31.2 billion, Aramco said.
- On Tuesday, Aramco reported a 34 per cent annual increase in net income for the three months ended Sep 30, reaching $36.25 billion despite regional conflict.
- Higher revenue and refining operations drove strong financial performance, even as Iranian attacks on shipping in the Strait of Hormuz raised global supply concerns.
- Adjusted net income reached $31.2 billion, beating the median consensus of 12 analysts, as Aramco navigated disruptions from the US-Iran war.
- Increased earnings provide a critical financial cushion as Saudi Arabia faces pressure from Houthi attacks, supporting the kingdom's vast spending needs.
- Aramco president and chief executive Amin Nasser noted that geopolitical uncertainty continues to amplify the global supply crisis, with attacks targeting key energy facilities like the East-West pipeline.
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According to the results report released today by the Saudi company, the "improvement of results" was due to the rise in the prices of refined oil and chemicals, as well as to a higher volume of crude oil sales.
Saudi Aramco said on Tuesday that its third-quarter profit rose 34.6 percent from a year earlier. The Middle East conflict has kept crude prices high and Saudi Arabia's energy infrastructure under pressure. Yemen's Iran-backed Houthis have repeatedly attacked Saudi oil tankers, pipelines, storage facilities and refineries...
Aramco Reports 34.5% Q3 Net Profit Rise
Saudi Aramco’s third-quarter 2026 adjusted net income rose 9% year over year to $31.2 billion, while a separate reported net-income measure increased 34% to $36.25 billion. Cash flow and dividends also grew as the company maintained exports despite geopolitical disruption and attacks on energy facilities, and it reported stronger downstream earnings and progress on major projects. · 29 sources across the spectrum on IJR News.
Saudi Aramco’s adjusted net income rises 9% to SR117 billion in Q3 2026
DHAHRAN — Saudi Aramco’s adjusted net income increased by 9 percent year-on-year to SR117 billion in the third quarter of 2026, compared with SR107.2 billion during the same period in 2025. According to the company’s third-quarter financial results released on Tuesday, cash flow from operating activities reached SR145.2 billion, compared with SR135.4 billion in the third quarter of 2025, while free cash flow rose to SR105.8 billion from SR88.4 b…
Saudi Aramco ' s net profits rose 34.5% to $36.25 billion in the third quarter, supported by increased revenue and exit from a joint venture, while higher oil prices were offset by the fall in production caused by the war.
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