Saudi Aramco reports Q1 2025 net income of SAR97.5 billion, announces strategic investments

RIYADH, May 11 (Saudi Arabia Breaking News) – Saudi Aramco announced its financial results for the first quarter of 2025 on Saturday, posting a net income of SAR97.5 billion, down from SAR102.3 billion in the same period last year. The company cited continued global economic uncertainty and its impact on oil prices.

Cash flow from operating activities reached SAR118.9 billion, compared to SAR126 billion in Q1 2024, while free cash flow stood at SAR71.8 billion, down from SAR85.3 billion year-on-year. The company reported a gearing ratio of 5.3% as of March 31, 2025, compared to 4.5% at the end of 2024.

Aramco’s board of directors declared a Q1 2025 base dividend of SAR79.3 billion, a 4.2% increase year-on-year, along with a performance-linked dividend of SAR0.8 billion to be paid in Q2.

President and CEO Amin Nasser said Aramco’s strong financial results underscore its operational resilience and commitment to capital discipline. “In this context, Aramco’s robust financial performance once again demonstrated the company’s unique scale, its reliability and flexibility, the value of its low-cost operations, and its emphasis on efficiency and advanced technology,” he said.

Nasser added that the company is continuing to pursue long-term growth across upstream, downstream, and low-carbon energy sectors. This includes a 25% equity acquisition in Unioil Petroleum Philippines and the completed purchase of a 50% stake in Blue Hydrogen Industrial Gases Company.

Aramco also referenced the Ministry of Energy’s recent announcement of new oil and gas discoveries, which the company says reflects the sustainability of its exploration strategy.

The company stated it remains committed to advancing its gas production targets, expanding its global retail footprint, progressing in petrochemicals, and developing new energy solutions such as blue hydrogen and carbon capture technologies.