Saudi Aramco Faces $31 Billion Dividend Dilemma

Saudi Aramco Faces $31 Billion Dividend Dilemma as Debt Jumps
Saudi Aramco will have a crucial decision to make early next year: Cut its $31 billion quarterly dividend and risk worsening the kingdom’s budget deficit, or keep borrowing to maintain the payout.
Saudi Aramco Profit Falls on Refining Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining margins but still maintained its generous dividend at $31.1 billion for the quarter.
Saudi Aramco's Quarterly Profit Drops 15% On Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Saudi Aramco’s profit dropped by 11% in nine months due to ‘lower crude oil prices’
Saudi Arabian Oil Company (Aramco) says its net income dropped by 11 percent to $83.9 billion in nine months, compared to $94.5 billion in the corresponding period.
Saudi Aramco third-quarter profit drops 15%, holds quarterly dividend at $31 bn
Aramco posted net income of 103.37 billion riyals ($27.52 billion) in the three months to Sept. 30, beating a company-provided median estimate of $26.9 billion
Saudi Aramco Says Q3 Profit Drops 15% On Low Oil Prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
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Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil ...
Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps
Saudi Arabia’s oil giant Aramco kept up its $31 billion dividend to help feed state coffers, despite rising debt.Most Read ...
Saudi Aramco Is Burning Cash – It Needs to Stop
If something cannot go on forever, it will stop. Saudi Aramco, the world’s largest oil company, isn’t an exception — despite ...
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices ...
Vietnam says Saudi Aramco wants to invest in oil refining, petrol distribution
Oil giant Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian ...
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Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil ...
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Wood secures engineering contract from Saudi Aramco
Energy industry consulting and engineering services provider Wood has secured an engineering services contract from Saudi ...
Saudi Arabia may cut December oil prices for Asia, sources say
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...