YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Aramco posts nearly 300% leap in Q2 profits

Posted online

Saudi state oil giant Aramco posted a 288% increase in second-quarter profits.

Net income of $25.5 billion also beat analysts' expectations of $24.7 billion.

"Our second-quarter results reflect a strong rebound in worldwide energy demand, and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum," Aramco President and CEO Amin Nasser said.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences