cwerdna
Well-known member
I quickly searched and didn't find a thread covering this.
High oil prices help Saudi Aramco profits soar to $88 billion in first half of year
Aramco said the results set a quarterly earnings record for the company since it floated around 5% of the company on the Saudi stock market in late 2019.
https://www.nbcnews.com/business/business-news/high-oil-prices-help-saudi-aramco-profits-soar-88-billion-first-half-y-rcna43001
Saudi Aramco: Oil giant tops own record with $48.4bn quarterly profit
https://www.bbc.com/news/business-62539480
High oil prices help Saudi Aramco profits soar to $88 billion in first half of year
Aramco said the results set a quarterly earnings record for the company since it floated around 5% of the company on the Saudi stock market in late 2019.
https://www.nbcnews.com/business/business-news/high-oil-prices-help-saudi-aramco-profits-soar-88-billion-first-half-y-rcna43001
Aramco joins other oil majors that have reported strong results in recent weeks.
On July 29, Exxon Mobil Corp posted its biggest quarterly profit ever, a net income of $17.9 billion, an almost four-fold increase over the year earlier period.
Saudi Aramco: Oil giant tops own record with $48.4bn quarterly profit
https://www.bbc.com/news/business-62539480
According to Bloomberg, the Saudi oil giant's figure represents "the biggest quarterly adjusted profit of any listed company".