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Arak logo, officially Saudi Arabian Oil Group, Saudi Oil and Natural Gas Campaign, noticed on the second day of the 24th Oil Congress in the Great 4 in the Stempeda Park, September 18, 2023 in Calgary, Canada.
Arthur Vidak | Nurphoto | Gets the image
On Tuesday, Saudi Aramka published a drop in revenue in the second quarter, citing lower crude oil and exquisite chemical prices that were only partially offset by higher trading.
The world’s largest oil company has announced an adjusted net profit of 92.04 billion Saudi Riali (24.5 billion dollars) three months before the end of June. The result is compared to the forecast of the adjusted net income of $ 23.7 billion, according to the assessment of analysts delivered by the company.
Revenues in the second quarter decreased to 378.83 billion Saudi Riali from 425.71 billion Saudi Arabia during the previous year.
“The fundamentals of the market remain strong, and we believe that the demand for oil in the second half of 2025 is more than two million barrels a day higher than in the first half,” said Aramco CEO Amin Nasser on Tuesday, which accompanies the results.
Capital costs have gained a little up to 46.2 billion Saudi Arabia in June, compared to 45.5 billion Saudi Arabia over the same period of the year.
During the year, the prices remained in depression, banning the short expansion of the second quarter caused by Israeli-Iranian tension. Futures were under pressure from uncertain demand for demand since April as a result of dispersal Wide tariffs in Washington. Protective trade measures a picture for growth in the world’s largest economy and the future of the US dollar, which denotes most goods – including crude oil.
Aramk’s profits should see the increase from greater products after Saudi Arabia and seven other OPEC partners and not OPEC- Complete unwinding 2.2 million barrels a day of voluntary cuts through the last tranche in September. Saudi Arabia recently produced 9.356 million barrels a day in June, according to independent analysts drawn up on a monthly OPEC report.
Aramco is increasingly starting to the debt markets at Selling three parts bonds $ 5 billion this year. The company’s transmission ratio rose to 6.5% as of June 30, 2025, compared to 5.3% as of March 31, 2025.
Before the mind for investors is a dividend policy in Aramco, which is in March Cut off returns of the investor In 2025 to $ 85.4 billion, it decreased sharply compared to $ 124.2 billion in 2024-after a decrease in net income in the first quarter. Aramko announced a $ 21.1 billion basic dividend and a dividend related to $ 0.2 billion in the third quarter.
Company’s yield on 5.5% as of Monday, still ahead of American peers Exxon Mobil‘S 3.6% and Chevron‘S 4.5%, according to Factset data.
Aramco’s payments sharply sharply into the budget of Saudi Arabia, which exposes the diversification of its economy from the oil standings at the Crown of Prince Mohammed Bin Salman “Signing Vision 2030”. The gross domestic product of Saudi Arabia In the second quarter expanded by 3.9%It is enhanced by activity that has no nod.
