Aramco’s Q3 results exceeded expectations, with the firm posting an adjusted net income of $27.98bn; its highest quarterly figure since 2Q 2024. This exceeded external analyst expectations of $26.5bn as the Saudi energy giant’s core crude oil operations benefitted from industry tailwinds.
“Today, we have announced very strong results for the third quarter, and we are also significantly increasing our guidance for longer term growth,” CEO Amin Nasser told Aramco’s earnings call on 4 November. (CONTINUED – 787 WORDS)
Read this article for free
Gain access to over 60-years of energy analysis and news
-
Delve into the details backed by data
-
Exclusive information from high-level officials
-
Assess future risks and opportunities
