• Strong market conditions during second quarter drive up net income 22.7% from Q1 2022
  • Net income: $48.4 billion (Q2) / $87.9 billion (H1)
  • Cash flow from operating activities: $44.0 billion (Q2) / $82.2 billion (H1)
  • Free cash flow*: $34.6 billion (Q2) / $65.2 billion (H1)
  • Gearing ratio*: 7.9% (June 30) compared to 14.2% at end of 2021
  • Q1 dividend of $18.8 billion paid in the second quarter; Q2 dividend of $18.8 billion to be paid in the third quarter
  • Progress continues on oil and gas expansion, as well as development of lower-carbon energy solutions
  • Inaugural sustainability report outlines plans to achieve operational net-zero emissions ambition

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Saudi Aramco - Saudi Arabian Oil Company published this content on 14 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 August 2022 06:02:04 UTC.