[ad_1]
A Saudi Aramco employee
Saudi newspaper Sabq confirmed that oil-producing company “Aramco” “significantly outperformed its peers, the world’s five largest oil companies, in the second quarter of this year.”
Read more
She previously said that Aramco’s profits alone (during that period) exceeded the net profits of the five companies combined by 52%.
She indicated that the five envisaged oil companies are: “ExxonMobil, Chevron (United States), Total (France), Shell (Great Britain and the Netherlands) and BP (Great Britain).
This was based on the financial statements of these companies, as Saudi Aramco’s net profit in the second quarter of this year was $ 25.5 billion, or 52% of the combined profits of the five companies, which amounted to $ 16.74 billion. according to the newspaper “Al-Iqtisadiah”.
While the profits of the five companies were split between $ 4.7 billion for ExxonMobil, $ 3.3 billion for Chevron, $ 2.2 billion for Total, $ 3.43 billion for Shell and $ 3.12 billion of dollars for BP, according to “Previously.”
Saudi Aramco has announced its financial results for the second quarter of 2021, where net profit stands at 95.5 billion Saudi riyals (25.5 billion US dollars), an increase of 288% from the second quarter of Last year.
She said the company’s net profit for the first half of the year was 176.9 billion Saudi riyals ($ 47.2 billion), an increase of 103 percent from the same period in 2020.
Saudi Aramco also announced the distribution of cash dividends to shareholders of 70.33 billion riyals ($ 18.76 billion) for the second quarter of 2021.
Source: “Previously” + “Al-Eqtisadiah”
[ad_2]
Source link
