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Saudi Aramco


Saudi Aramco reported Q2 profits of $30.1B down 38% YoY



Net income: $30.1 billion (Q2) / $62.0 billion (H1)

Cash flow from operating activities: $33.6 billion (Q2) / $73.3 billion (H1)

Free cash flow1: $23.2 billion (Q2) / $54.1 billion (H1)



Keep in mind, they have cut their supply of oil to drive prices back up.


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