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Source:
الوطن
Aramco profit hits 117bn
Saudi Aramco increased its adjusted net income by 9% year over year in the third quarter of 2026 to SAR 117 billion, despite hydrocarbon production falling to 11 million barrels of oil equivalent per day from 13.3 million a year earlier. A 36% rise in the average realized oil price to $95.2 per barrel and improved refining margins helped lift revenue by 26% to SAR 526.8 billion, while adjusted earnings in the refining, chemicals and marketing segment surged 234% to SAR 38.6 billion. Net income reached SAR 135.9 billion, supported by capital gains of SAR 25.9 billion. The company announced a base dividend of SAR 82.1 billion for the quarter.
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