Saudi Aramco said adjusted net income rose to $33.6 billion in the first quarter of 2026, up from $26.6 billion a year earlier. Net income climbed to $32.5 billion, while free cash flow came in at $18.6 billion, slightly below last year\u2019s level due to a $15.8 billion working-capital build.<\/p>\n
The company declared<\/a> a $21.9 billion base dividend, up 3.5% year on year, payable in the second quarter. Capital spending reached $12.1 billion, supporting Aramco\u2019s growth program.<\/p>\n A major operational highlight was the sharp ramp-up of Saudi Arabia\u2019s East-West Pipeline, which reached its full capacity of 7 million barrels per day. Aramco said the pipeline helped sustain exports through the kingdom\u2019s west coast as shipping constraints affected the Strait of Hormuz.<\/p>\n The results underscore Aramco\u2019s role as both a major oil producer and a strategic energy-security asset for Saudi Arabia. The company\u2019s ability to reroute crude through domestic infrastructure is increasingly important as geopolitical risk in the Gulf raises concerns over supply reliability.<\/p>\n Aramco also benefited from stronger crude realizations, with the average realized crude oil price rising to $76.90 per barrel, compared with $76.30 in Q1 2025 and $64.10 in Q4 2025. Gearing rose to 4.8%, from 3.8% at the end of 2025, but remains low by industry standards.<\/p>\n By Charles Kennedy for Oilprice.com<\/p>\n More Top Reads From Oilprice.com<\/p>\n Oilprice Intelligence<\/a> brings you the signals before they become front-page news. This is the same expert analysis read by veteran traders and political advisors. Get it free, twice a week, and you’ll always know why the market is moving before everyone else.<\/p>\n You get the geopolitical intelligence, the hidden inventory data, and the market whispers that move billions – and we’ll send you $389 in premium energy intelligence, on us, just for subscribing. Join 400,000+ readers today. Get access immediately by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Saudi Aramco said adjusted net income rose to $33.6 billion in the first quarter of 2026, up from…\n","protected":false},"author":2,"featured_media":435612,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[11879,56544,42,43,78,51988,40,38,41,39],"class_list":["post-435611","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-crude-oil-price","tag-free-cash-flow","tag-headlines","tag-news","tag-saudi-arabia","tag-saudi-aramco","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/435611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=435611"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/435611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/435612"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=435611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=435611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=435611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}