Aramco to Announce First-Quarter Financial Results on May 11

Saudi Aramco announced today on its website that it will announce its results for the first quarter of 2025 on May 11.

Also, Al Rajhi Capital revealed its expectations for Saudi Aramco’s earnings (before minority interest) to increase by approximately 14% quarter-on-quarter to SAR 95 billion, supported by lower losses in the refining, processing, and marketing (RPM) sector, in addition to lower costs.

On an annual basis, profits are expected to decline by 7% due to the relatively lower crude oil prices, although the slight improvement in the performance of the refining, processing, and marketing sector will be somewhat offset by a slight improvement in the performance of the downstream sector. Revenues for the first quarter of 2025 are expected to be generally stable compared to the previous quarter, with a slight decline year-on-year.