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Saudi Aramco second-quarter profit dips amid lower production volumes

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Saudi Aramco second-quarter profit dips amid lower production volumes

A 3D printed natural gas pipeline on Feb. 8, 2022.

Dado Ruvic | Reuters

Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3.2% from the same ******* last year as production volumes remained low.

Aramco reaffirmed its second-quarter base dividend of $20.3 billion, and declared a performance-linked dividend of $10.8 billion to be paid in the third quarter.

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#Saudi #Aramco #secondquarter #profit #dips #production #volumes

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