Saudi Aramco Delivers Strong First-Half 2026 Earnings, Declares SAR82. 1 Billion Dividend - Business Today Middle East
Saudi Aramcohas announced its financial results for the second quarter and first half of 2026, reporting strong profitability and reaffirming its ability to maintain reliable energy supplies to global markets. . .
Saudi Aramcohas announced its financial results for the second quarter and first half of 2026, reporting strong profitability and reaffirming its ability to maintain reliable energy supplies to global markets despite evolving market conditions. The energy giant postedadjusted net income of SAR125. 2 billion (US$33. 4 billion)during the second quarter, bringing itsfirst-half adjusted net income to SAR251. 9 billion (US$67. 2 billion). Free cash flow reachedSAR46. 0 billion (US$12. 3 billion)in the second quarter andSAR115. 9 billion (US$30. 9 billion)for the first six months of the year. As of 30 June 2026, the company’s gearing ratio stood at6. 2%, highlighting its strong financial position. Reflecting this performance, Aramco’s Board of Directors approved abase dividend of SAR82. 1 billion (US$21. 9 billion)for the second quarter, which will be distributed during the third quarter of 2026. Commenting on the results,Aramco President and CEOAmin H. Nassersaid the company’s first-half performance demonstrates the resilience of its operations and the dedication of its workforce. He noted that Aramco’s diversified asset portfolio and integrated infrastructure have enabled it to respond effectively to changing market dynamics while ensuring uninterrupted energy supplies. Nasser also emphasized the increasing importance of energy security alongside the transition to new energy solutions. He said Aramco remains well positioned to increase production capacity when required while continuing to invest in strategic projects and advanced technologies that support long-term growth and value creation.