Investor overview

Saudi Aramco

Summary of key financials and investor information.

Saudi Aramco is the world's largest integrated oil and gas company; its upstream operations manages the Kingdom's unique hydrocarbon reserve base, optimizing production and maximizing long-term value. It also operates a strategically integrated global downstream business. Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs more than 70,000 people.

Q3 2023 results announcement

Saudi Aramco's Q3 2023 results announcement

November 7, 2023

Saudi Aramco announced its Q3 2023 results and dividend on November 7, 2023.

Third-quarter 2023 highlights

Financial

  • Net income: $32.6bn (SAR 122.2bn)
  • Free cash flow: $20.3bn (SAR 76.3bn)*
  • Dividend paid: $29.4bn (SAR 110.2bn)
 

Operational

  • Hydrocarbon production: 12.8 mmboed
  • Supply reliability: 99.8%
 

* Non-IFRS measure: Please refer to Non-IFRS measures reconciliations and definitions section of the Q3 2023 Interim Report for further details.


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CEO video remarks: Half-year 2023 results

“Our strong results reflect our resilience and ability to adapt through market cycles. We continue to demonstrate our long-standing ability to meet the needs of customers around the world with high levels of reliability. For our shareholders, we intend to start distributing our first performance-linked dividend in the third quarter.”

Amin H. Nasser, President and Chief Executive Officer of Aramco