Aramco Reports Strong Performance In Second Quarter And Half-Year Results For 2025

Saudi Aramco has announced its financial results for the second quarter and the first half of 2025, showcasing a robust performance despite market fluctuations. The company reported an adjusted net income of SAR92.0 billion in Q2 and a total income of SAR190.8 billion for H1. This demonstrates Aramco's ability to maintain strong financial health amid challenging conditions.

Aramco's cash flow from operating activities reached SAR103.3 billion in Q2, with a total of SAR222.2 billion for the first half of the year. Free cash flow was recorded at SAR57.1 billion in Q2 and SAR129.0 billion for H1, indicating solid liquidity management. The gearing ratio was 6.5% as of the end of June, compared to 5.3% previously.

The Board of Directors declared a base dividend of SAR79.3 billion for Q2, along with a performance-linked dividend of SAR0.8 billion, payable in the third quarter. Aramco also highlighted its 100% supply reliability during H1, reinforcing its reputation for stability and consistency in operations.

Progress on key projects such as the Berri, Marjan, and Zuluf crude oil increments was noted, with work on the Jafurah Gas Plant remaining on schedule. Additionally, phase one of the Dammam development project has been successfully brought onstream.

Aramco continued to expand globally by introducing premium fuel lines in Chile and Pakistan, reflecting strong retail momentum worldwide. The company also signed power purchase agreements to develop new renewable energy projects, leveraging Saudi Arabia’s solar and wind resources.

The issuance of bonds worth SAR18.8 billion received strong global demand, underscoring investor confidence in Aramco's financial strength and long-term strategy.

CEO's Insights on Market Outlook

Aramco President and CEO Amin Nasser commented: "Aramco’s resilience was proven once again in the first half of 2025 with robust profitability, consistent shareholder distributions, and disciplined capital allocation." He emphasized that despite geopolitical challenges, Aramco continues to supply energy reliably both domestically and internationally.

Nasser noted that oil demand is expected to rise by more than two million barrels per day in the second half compared to the first half of 2025. He reaffirmed Aramco's long-term strategy based on hydrocarbons' essential role in global energy markets.

Nasser also stated that Saudi Aramco "continues to invest in various initiatives, such as new energies and digital innovation with a focus on AI, aiming to leverage our scale, low cost, and technological advancements for long-term success."

With inputs from SPA