Revenue increased to $139.15 billion compared to $108.57 billion in…
Revenue increased to $139.15 billion compared to $108.57 billion in the second quarter of last year.
Consensus
- Saudi Aramco's net profit in Q2 2026 was $32.69 billion, a 44% increase from the same period last year.
- The average oil selling price in Q2 2026 reached $108.1 per barrel, up significantly from $66.7 per barrel in the same quarter of the previous year.
- Total hydrocarbon production by Saudi Aramco in Q2 2026 declined to 9.463 million barrels of oil equivalent per day, down from 12.78 million barrels per day in the same period of the previous year.
- Capital expenditures in Q2 2026 amounted to $13.17 billion, an increase from $12.31 billion in the same quarter of 2025.
- Saudi Aramco plans to allocate $21.9 billion for dividend payments in Q2 2026.
- The company cited its diversified asset base and strategic infrastructure as key to maintaining business continuity amid regional disruptions.
Points of divergence
- Free cash flow decreased by 20.9% year-on-year to $12.26 billion. — vedomosti
- On July 25, the Houthi movement claimed to have attacked Saudi Aramco facilities in Jizan and Yanbu, Saudi Arabia. — vedomosti
- Fars News Agency reported satellite images showing multiple large fire outbreaks at Saudi Aramco facilities in Jizan. — vedomosti
- Adjusted profit rose by 33% to $33.4 billion, surpassing Bloomberg analyst expectations of $31.1 billion. — interfax
- Revenue increased to $139.15 billion in Q2 2026 from $108.57 billion in the same period of the previous year. — interfax
Coverage (2 sources)
- Net profit of Saudi Aramco in the second quarter increased by 44% — Ведомости
- Saudi Aramco increased net profit in Q2 by 44% — Интерфакс