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Live News EARNINGS ARTICLE M impact

Saudi Aramco Adjusted Net Income Rises to $31.2 Billion

Adjusted net income for the three months to September-end rose from $28.6 billion a year earlier and topped consensus of about $30.7 billion. Hydrocarbon production was 11.05 million barrels of oil equivalent per day, down from 13.27 million a year earlier and up from 9.46 million in the second quarter.

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Adjusted net income reached $31.2bn in the three months to September end, up from $28.6bn a year previously and ahead of consensus for around $30.7bn.Total hydrocarbon production was 11.05m barrels of oil equivalent per day, down on last year’s 13.27m but up on the second quarter’s 9.46m.Conflict i…

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