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ARAMCO NET PROFIT
Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...- Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
- Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to sh...
- Welspun Corp shares rally 5% as firm bags Rs 2,000 crore order from Saudi Aramco; stock up over 230% YTDWelspun Corp shares are in focus after its associate company EPIC secured a Rs 2,000 crore Saudi Aramco order for steel pipes. The stock ha...
- Welspun Corp shares jump 6% after Jefferies initiates coverage with Buy rating. Should you invest?Welspun Corp shares jumped nearly 6% after Jefferies initiated coverage with a Buy rating and a Rs 3,250 target price, implying 27% upside....
- War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...
- Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
- Saudi Aramco reports 12% drop in 2025 profit amid lower salesIn a surprising turn of events, Saudi Aramco, the leading oil exporter globally, revealed that its profits for 2025 have dipped by 12%. Wit...
- Saudi Aramco net profit drops broadly as expected, shares inch upNet profit fell to $32.6 billion for the quarter to Sept. 30, above the $31.8 billion expected by 12 analysts in a company-provided forecas...
- Saudi Aramco reports 46% jump in profits for 2022Aramco's facilities have in the past suffered drone and missile attacks claimed by Yemen's Iran-backed Huthi rebels, most recently about a ...
- High oil prices help Saudi Aramco earn $88 billion in first halfAramco's net profits were helped by strong second-quarter earnings ending in June that hit $48.4 billion - a figure higher than all of the ...
- Saudi Aramco unveils record $48.4 billion profit in Q2Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after ann...
- Saudi Arabia hikes oil investments as it profits from price surgeSaudi Aramco benefitted from a more than 50% surge in oil prices last year, as increased COVID-19 vaccination rates and loosening restricti...
- Saudi Aramco's 2021 profit more than doubles on higher oil pricesAnalysts had expected a net profit of $106 billion in 2021, according to the mean estimate of analysts in Refinitiv's Eikon.
- Saudi Aramco's quarterly profit surges on oil price, volumesAramco's net income jumped to $30.4 billion for the quarter to Sept. 30 from $11.8 billion a year earlier, it said in a bourse filing. That...
- Saudi Aramco beats quarterly profit forecast, maintains dividendEarnings by global energy companies such as Exxon Mobil have climbed on the back of rising crude prices, which are up by about a third this...
- Saudi Aramco says $12.4 billion raised from oil pipeline stake sale"Upon closing, Aramco will receive upfront proceeds of around $12.4 billion, further strengthening its balance sheet through one of the lar...
- Saudi Aramco 2020 net profit slumps 44.4% as COVID-19 bitesNet profit fell to 183.76 billion riyals ($49.00 billion) for the year that ended Dec 31, from 330.69 billion riyals a year earlier.
- Aramco to cut capital spending over coronavirus; 2019 profit plungesAramco posted a net profit of 330.69 billion Saudi riyal ($88.11 billion) after zakat and tax.
- Aramco tells IPO bankers it made $68 billion in 9 monthsThe company has pledged to pay a dividend of at least $75 billion next year.
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