Saudi Aramco posts higher Q3 profit on increased production By Investing.com
Update: 2025-11-04
Description
Aramco, Saudi Arabia's oil giant, reported robust Q3 profits of nearly $27 billion, driven by increased oil production and rising crude oil prices. Despite a slight dip from last year, the company remains a high performer. Shareholders will receive a $21.1 billion dividend, with an additional $219 million performance-linked payout. Aramco also unveiled an ambitious plan to boost gas production by nearly 80% by 2030, signaling confidence in its future output.
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