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Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge

News | 2026/08/04 14:04

Saudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices Surge

Aramco reports $33.385 billion profit for the second quarter

Saudi Aramco reported an adjusted net income of $33.385 billion for the second quarter, marking a 33% increase from the $25.19 billion reported for the same period in 2025. The surge in oil prices and the company's ability to reroute most crude exports contributed to this growth.

The average realized crude oil price for Aramco in the second quarter was $108.1 per barrel, significantly higher than the $76.9 per barrel in the first quarter.

Aramco maintained its base dividend of $21.9 billion, which will be paid in the third quarter.

President and CEO Amin Nasser noted that the company managed to sustain production and exports despite regional challenges, thanks to its diverse asset base and strategic infrastructure.

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