Profits At Saudi Aramco Collapse 73% To ‘Just’ $6.6 Billion. Dividend Plan Unchanged
Unlike BP and Shell, Saudi Aramco isn’t cutting its dividend despite one of the most challenging years for the globalContinue Reading
Category: saudi aramco
Saudi Stocks Plunge Third Most In 11 Years After Finance Minister Warns Of ‘Painful’ Adjustments
“The kingdom hasn’t witnessed a crisis of this severity over the past decades.”
Saudis Insult Putin For Lying About Oil Price Collapse, Jeopardizing Crucial OPEC+ Meeting
So, he’s lying, but what else is new?
Trump Says Mohammed Bin Salman, Putin To Announce Giant Production Cut, Sparking Insane Oil Rally
“I expect and hope that they will be cutting back approximately 10 Million Barrels”.
Mideast Shares Dive, Egypt Plunges 9%, Aramco Slashes Capex 24%
Central banks in the region are spending nearly $50 billion in the virus fight.
(Price) War Is Hell.
“Welcome to the free market”.
Saudi Aramco Falls To Lowest Since IPO As Regional Shares Sink
The mood is sour, to say the least.
Oil Plunges, Saudi Shares In Rout As Kingdom Says Don’t Panic About Deadly Mystery Virus
“Psychological factors and extremely negative expectations”.
Time To Lock People In The Riyadh Ritz! Saudi Aramco Rides Four-Day Losing Streak
The world’s most profitable company has now nearly reversed half of the IPO rally.
Get The Swords, Saudi Aramco Falls For First Time Since IPO
It’s an “exceptional company”.
Aramco Touches A ‘Princely’ $2 Trillion Valuation, But Skeptics Abound
Ultimately, there’s no escaping the fact that the behemoth is a money printing machine.