{"id":287118,"date":"2019-08-13T06:05:17","date_gmt":"2019-08-13T06:05:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287118"},"modified":"2019-08-13T06:05:17","modified_gmt":"2019-08-13T06:05:17","slug":"saudi-aramcos-h1-2019-net-income-slips-to-46-9-bn-on-lower-oil-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramcos-h1-2019-net-income-slips-to-46-9-bn-on-lower-oil-prices\/","title":{"rendered":"Saudi Aramco&#8217;s H1 2019 net income slips to $46.9 bn on lower oil prices"},"content":{"rendered":"<p>Saudi state-owned energy giant Aramco said Monday its first half net income for 2019 had slipped to $46.9 billion, a first such disclosure for the secretive company ahead of its debut earnings call. <\/p>\n<p>&#8220;The company&#8217;s net income was $46.9 billion for the first half (of) 2019, compared to $53.0 billion for the same period last year,&#8221; the company said in a statement. <\/p>\n<p>The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing. <\/p>\n<p>&#8220;Despite lower oil prices during the first half of 2019, we continued to deliver solid earnings and strong free cash flow,&#8221; Aramco CEO Amin Nasser was quoted as saying in the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi state-owned energy giant Aramco said Monday its first half net income for 2019 had slipped to $46.9 billion, a first such disclosure for the secretive company ahead of its debut earnings call. &#8220;The company&#8217;s net income was $46.9 billion for the first half (of) 2019, compared to $53.0 billion for the same period last year,&#8221; the company said in a statement. The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing. &#8220;Despite lower oil prices during the first half of 2019, we continued to deliver solid [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-287118","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287118"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287118\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}