Saudi Aramco First-Half 2019 Results August 12, 2019
H1 2019 46.9bn 92.5bn 13.2 mmboed2 10.0 mmbpd3 Net income EBIT1 Hydrocarbon Crude 12% 9% Production Production H1 2018: 53.0bn H1 2018: 101.3bn H1 2018: 13.2 H1 2018: 10.0 Flaring 38.0bn 14.5bn 10.2 0.009 184 Free cash flow1…
Our strategy Maintain position as a world-leading crude oil producer by production volume and the lowest cost producer, while providing reliable crude oil supply to customers Further diversify operations to capture value from…
Progress against strategy Upstream Development of Marjan and Berri increments Fadhili gas plant project on track for start up in 2019 Underpinned by: Exploration: discoveries and extensions in both oil and gas Efficient capital…
Environmental performance Leader in Upstream carbon intensity1 10.2 kg CO2/BOE Tree planting Flaring 1 million 1% by 2025 of gas production2 1. Kilograms of carbon dioxide (CO2) equivalent per barrel of oil equivalent;…
Sources and uses of cash H1 2018 H1 2019 ( billion) ( billion) 14.5 Capex 16.5 Capex Special 20.0 Net cash Net cash Dividends Special provided by 6.0 provided by 52.1 Dividends 52.5 operating operating activities…
Questions & Answers Khalid Al-Dabbagh CFO & Senior Vice President, Finance, Strategy & Development 8 Saudi Aramco: Confidential