The Saudi state oil giant reported a full‑year adjusted net income of $104.7 billion, which it described as “robust growth” despite a year of oil‑price volatility.
Fourth‑quarter adjusted profit came in at $25.1 billion, slightly above the median consensus estimate of $24.8 billion compiled by the company.
Free cash flow for the year reached $85.4 billion.
The company also declared a base dividend of $21.89 billion for the fourth quarter, up 3.5% from a year earlier, to be paid in the first quarter of 2026. The company remains one of the world’s biggest dividend payers and a crucial source of income for the Saudi state.
Total shareholder distributions for the year reached $85.5 billion, as the company continued to prioritize payouts despite easing crude prices in 2025.
Aramco also announced a share buyback program of up to $3 billion over 18 months.
Shares of Aramco have risen sharply in recent sessions as oil prices surged amid fears of supply disruptions in the Middle East.
Cash flow
Aramco generated $136.2 billion in operating cash flow last year, driven by what the company said was steady production and strong downstream results. Capital investments totaled $52.2 billion, in line with company guidance and slightly below 2024 levels.
“Our disciplined capital allocation, combined with lower‑cost and highly reliable operations, drove strong financial performance in a year marked by price volatility,” CEO Amin Nasser said in the earnings release.
Crude prices during 2025 fell to $69.2 per barrel, from $80.2 in 2024, reflecting a softer oil market and rising global supply. In recent days, though, crude spiked to nearly $120 per barrel as war in the Middle East escalated.
About the Author
Discover more from FRESH BLOG NEWS
Subscribe to get the latest posts sent to your email.
