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Saudi Aramco priced its initial public offering Thursday at the high end of the targeted range to give the oil giant a total value of $1.7 trillion in the world’s biggest-ever IPO.
The Saudi Arabian Oil Company (Aramco) remains on track to pay out a dividend of $78 billion in 2023, compared to $75 billion in 2022 and an equal amount in 2021, the company said on its first ...
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion.
Saudi Arabia’s giant state-owned oil company, Saudi Aramco, on Thursday set the price of its initial public offering at a level that would raise $25.6 billion, a sum that is expected to make it ...
Aramco will sell the first tranche of shares in its long-awaited initial public offering at a price of 30-32 riyals, ... An icon in the shape of a calendar. Economic Earnings. Search markets.
Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, the latest international firm to benefit from high energy prices.
With the dust having settled on Saudi Aramco's (TADAWUL: 2222) mammoth $11.2 billion secondary share sale earlier this month, it seems the company has well and truly accomplished a key mission at ...
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Aramco’s Earnings Narrowly Beat ExpectationsSaudi Arabian Oil Co., known as Aramco, said Sunday that net profit fell to $26.01 billion from $27.27 billion a year prior. That beat the $25.745 billion expected by analysts in a Visible Alpha poll.
Saudi oil giant Aramco , a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude ...
Saudi Aramco aims to start operating by 2025 two demonstration plants to produce synthetic fuels that emit less carbon dioxide when burned.. The world’s biggest crude oil exporter will produce ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine the kingdom’s multi ...
Saudi oil giant Aramco , a longtime cash cow for the kingdom, expects oil demand to remain resilient this year and sees further upside if the U.S. and China successfully resolve their trade dispute.
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