Saudi Arabian Oil Co
2222: XSAU (SAU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.wX | LOCK|%QV | LOCK|k?nBCk |
Saudi Aramco Earnings: Concerns Over Payout Cut Materialize, Reducing Attractiveness
Saudi Aramco reported 2024 net income fell 12% from last year, due to lower realizations, volumes, and negative downstream results. It will increase the base dividend 4.2% to $84.6 billion but is reducing performance-linked dividends to $0.9 billion in 2025 from $43.1 billion in 2024.
