Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (206026)	5/12/2025 7:42:22 AM
From: elmatador	of 206084

Saudi oil giant Aramco posts drop in full-year profit, slashes dividend Key Points Aramco said it expects total dividends for 2025 of $85.4 billion — a significant fall from 2024's total of $124.2 billion. Lower oil prices hit the company’s income last year, with net profit falling to $106.2 billion from $121.3 billion in 2023. Aramco’s dividend, the highest in the world, has played a key role in beefing up Saudi Arabia’s state coffers. The announced cut will hit the kingdom’s budget deficit. This comes as it cut its total payout for the fourth quarter. The oil giant said its base dividend for the final three months of the year would be increased to $21.1 billion, but its performance-linked payout would be just $200 million. This compares to a third-quarter base dividend of $20.3 billion and a performance-linked dividend of $10.8 billion. Low oil prices is good for the world economy. Oil price is a tax in every person in this planet. From the billionaire private jet to the poor African cooking with kerosene. It lowers inflation and increase GDP. Overall lower oil price is good for the world economy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next