Poll: What to expect from Saudi Aramco’s Q1 2023 earnings?

05/05/2023 Argaam

Logo of Saudi Arabian Oil Co. (Saudi Aramco)

Saudi Arabian Oil Co. (Saudi Aramco) will report Q1 2023 financial results before the start of trade May 9.

 

Analysts expect the world’s largest oil exporter to post a 10% drop year-on-year in net profit to SAR 127.9 billion for the three-month period.

 

Brent crude prices averaged $82 per barrel in Q1 2023.

 

What are your expectations for Aramco’s results?

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