Saudi Aramco is one of the world’s largest integrated oil and gas companies; its upstream operations manages Saudi Arabia's unique hydrocarbon reserve base, optimizing production and maximizing long-term value.
It also operates a strategically integrated global downstream business.
Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs more than 73,000 people.
First-quarter 2024 highlights
Financial
SAR102.3bn
$27.3bn
Net income
SAR85.3bn
$22.8bn
Free cash flow*
SAR116.5bn
$31.1bn
Dividends paid
Operational
12.4mmboed
Hydrocarbon production
99.7%
Supply reliability
* Non-IFRS measure: Please refer to Non-IFRS measures reconciliations and definitions section of the Q1 2024 Interim Report for further details
August 6, 2024
H1 2024 results announcement
Full-year 2023 results
“Our strong results reflect our resilience and ability to adapt through market cycles. We continue to demonstrate our long-standing ability to meet the needs of customers around the world with high levels of reliability. For our shareholders, we intend to start distributing our first performance-linked dividend in the third quarter.”
Amin H. Nasser, President and Chief Executive Officer of Aramco
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CEO video remarks: Full-year 2023 results