Saudi Arabian Oil Co

2222: XSAU (SAU)

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Saudi Aramco Earnings: Dividend Exceeds Free Cash Flow but Remains Safe as Debt Creeps Up

Allen Good

May 12, 2025

Saudi Aramco reported first-quarter results ahead of market expectations. Net income fell to $26 billion, down 4.6% year on year, on lower oil prices and weaker refining margins. Gearing increased to 5.3% from 4.5% at year-end.

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Saudi Arabian Oil Co

Saudi Aramco Earnings: Dividend Exceeds Free Cash Flow but Remains Safe as Debt Creeps Up

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