Saudi Aramco Third-Quarter Adjusted Net Income Tops Views by About 2%
Barclays analyst Lydia Rainforth says resilient results were supported by strong downstream earnings, while production rebounded.
Saudi Aramco reports resilient third-quarter results despite the challenging backdrop, Barclays analyst Lydia Rainforth writes. The oil major's adjusted net income came in around 2% ahead of consensus expectations due to strong downstream earnings, she says. While production rebounded, upstream ear…