Saudi oil giant Aramco reports $106 billion profit in 2024, down 12% on lower energy prices

La Presse

Lean Left

Factuality

Ownership

State-owned groups: larger CO2 emitters than private companies

Companies owned by states, such as Saudi Aramco, are more CO2 emitters than private groups such as Shell or ExxonMobil, says the InfluenceMap think tank, a finding he draws for oil producers, but also for gas, coal and cement.

The Media Line

Right

Factuality

Ownership

Saudi Arabia’s State-owned Oil Company Reports 12% Drop in Profits - The Media Line

Aramco, Saudi Arabia’s state-owned oil company, reported a […] The post Saudi Arabia’s State-owned Oil Company Reports 12% Drop in Profits appeared first on The Media Line.

Seeking Alpha

Lean Right

Factuality

Ownership

Saudi Aramco GAAP EPS of $0.43, revenue of $480.45B

Reuters

Dawn

Lean Left

View article

Reposted by

Dawn

Center

Factuality

Ownership

Aramco expects sharp drop in 2025 dividends as 2024 profit falls

Saudi oil giant Aramco said on Tuesday it expects to declare total dividends of $85.4 billion in 2025, a sharp drop from payouts in 2024.

CNBC

Upstract

View article

Reposted by

Upstract

Center

Factuality

Ownership

Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut.

Bloomberg

Energy Connects

View article

Reposted by

Energy Connects

Lean Left

Factuality

Ownership

Aramco Cuts World’s Biggest Dividend in Blow to Saudi Budget

Aramco cut the world’s biggest dividend in a blow for Saudi Arabia’s widening budget deficit, as the company seeks to relieve the stress on its own finances.