Aramco Reports Q1 2026 Results: $33.6B Profit as East-West Pipeline Maxes Out
Eastern Avenue, Gharb Adh Dhahran, Dhahran, Dammam, Dammam Governorate, Eastern Province, 34464, Saudi ArabiaSaudi Aramco
CONFIRMED85% CONFIDENCEStated as firm: the release is datelined "DHAHRAN|MAY 10, 2026", and the Saudi Exchange[2] announcement "Saudi Arabian Oil Company (Saudi Aramco[1]) Announces its Interim Financial Results for the Period Ended 2026-03-31 (Three Months)" is stamped 10/05/2026 08:01:54 Riyadh time (05:01 UTC).
Aramco's first-quarter adjusted net income jumped to $33.6 billion from $26.6 billion as it ran the East-West Pipeline at its full 7 million barrels a day to export from the Red Sea while the Strait of Hormuz was choked off. The board held the base dividend at $21.9 billion, 3.5% up on a year earlier.
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