Aramco’s Q3 earnings likely to decline despite record H1 performance: Al Rajhi Cap
- Date: 29-Aug-2022
- Source: Eye of Riyadh
- Sector:Oil & Gas
- Country:Saudi Arabia
Aramco’s Q3 earnings likely to decline despite record H1 performance: Al Rajhi Cap
Aramco is expected to see a drop in third-quarter earnings, following record performance in the first half of 2022, Al Rajhi Capital highlighted in a recent report.
“We expect Aramco to witness a slight decline in earnings in Q3. However, the medium to long-term outlook remains positive,” the investment firm noted.