Saudi Arabian Oil Co
2222: XSAU (SAU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.< | LOCK|cSK | LOCK|sVl@^? |
Saudi Aramco Earnings: Gearing Continues Rising as Dividend Exceeds Free Cash Flow
Saudi Aramco reported second-quarter net income of $23 billion, down 22% year on year and 13% sequentially, on lower oil prices. Gearing increased to 6.5% from 5.3% at the end of last quarter and negative 0.5% last year.
