Overview
- Saudi Aramco posted a Q1 2025 net profit of $26 billion, down 5% from the previous year but surpassing analyst estimates of $25.36 billion.
- Free cash flow fell to $19.2 billion from $22.8 billion in Q1 2024, reflecting continued financial pressure on the company.
- The company raised its base dividend by 4.2% to $21.1 billion while maintaining a reduced performance-linked dividend of $200 million.
- Shares rose 0.64% following the earnings announcement but remain down 10.9% year-to-date, reflecting broader market challenges.
- CEO Amin H. Nasser highlighted global economic uncertainty and trade dynamics as significant factors weighing on oil prices and demand.