WTI CRUDE OIL
The Saudi Arabian Oil Company (“Aramco”) today announced its full-year 2020 results,
demonstrating exceptional resilience despite the macroeconomic impact of COVID-19
and delivering on its intended dividend payments to shareholders.
:Net income: $49 billion
:Cash flow from operating activities: $76 billion
:Free cash flow*: $49 billion
:Full-year dividend of $75 billion declared
:2021 capex expected to be around $35 billion
:Progress on Downstream business strategy with ongoing integration of SABIC
demonstrating exceptional resilience despite the macroeconomic impact of COVID-19
and delivering on its intended dividend payments to shareholders.
:Net income: $49 billion
:Cash flow from operating activities: $76 billion
:Free cash flow*: $49 billion
:Full-year dividend of $75 billion declared
:2021 capex expected to be around $35 billion
:Progress on Downstream business strategy with ongoing integration of SABIC
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