Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

cnbc.com/2025/03/04/saudi-oil-giant-aramco-posts-drop-in-full-year-profit-slashes-dividend.html

Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023.
The company said its base dividend for the fourth quarter of 2024 would be $21.1 billion, but its performance-linked payout would be just $0.2 billion.…

This story appeared on cnbc.com, 2025-03-04 06:37:07.
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