Aramco, which is the world’s largest oil exporter, expects total dividends of $124.3 billion to be declared in 2024, it said.
Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported.
Still, the Saudi state oil giant will be delivering a total $31 billion dividend to the Saudi government and other shareholders. Aramco, which is the world's largest oil exporter, expects total dividends of $124.3 billion to be declared in 2024, it said.Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according toAramco announced its free cash flow for the quarter at $22.8 billion, down from $30.
Aramco, which is the world's largest oil exporter, expects total dividends of $124.3 billion to be declared in 2024, it said.Man confesses to killing hospitalized wife because he couldn't afford to care for her, police say Aramco President and CEO Amin Nasser was quoted as saying in the earnings release:"We also continue to execute our long-term strategy, and in the first quarter made significant progress on expanding our gas business and growing our globally-integrated downstream value chain, while maintaining our focus on consistently delivering value for our shareholders."
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