Aramco posts strong Q3 results despite lower oil prices: Nasser

05/11/2024 Argaam

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Amin Nasser,President CEO ofSaudi Aramco

Amin Nasser, President & CEO of Saudi Aramco

Saudi Aramco delivered robust net income and generated strong free cash flow in the third quarter of 2024, despite lower oil prices, said Amin Nasser, President & CEO.

 

Commenting on the third-quarter figures, Nasser added: “We also progressed our upstream developments, strengthened our downstream value chain, and advanced our new energies program as we continue to invest through cycles.”

 

Aramco’s recent $3 billion international sukuk issuance highlighted strong investor confidence in the company. Aramco can be proud of the significant strides it continues to make, all while sustaining its high levels of profitability, operational performance and reliability, he added.

 

Aramco posts SAR 97.62B net profit in Q3 2024

 

Aramco pays SAR 0.48/share dividend for Q3 2024

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