Report
Saudi Aramco's third-quarter profit rises 9% despite attacks on pipelines and refineries
Saudi Aramco's adjusted net income reached $31.2 billion, beating analysts' $28.7 billion estimate.
TLDR
Higher refinery earnings and oil prices driven up by the Iran war helped lift Aramco's adjusted net income from $28.6 billion a year earlier. The gain came despite damaging attacks on its pipelines and refineries. The company kept its base dividend at $21.9 billion quarter-on-quarter.
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