|2020-03-17 来源： 中国石化新闻网|
中国石化新闻网讯 据油气新闻网站3月15日消息 沙特阿美公布了2019年全年财务业绩，尽管价格环境较低，炼油和化工利润率也面临挑战，但仍实现了强劲的利润和股息。
王磊 摘译自 油气新闻
Saudi Aramco delivers strong 2019 profits; net income $88bn
The Saudi Arabian Oil Company (Saudi Aramco) has reported its full-year 2019 financial results, delivering strong profits and dividends despite a lower price environment and challenging margins in refining and chemicals.
Announcing the results for the period ended December 31, 2019, Saudi Aramco said its net income was $88.2 billion for the full-year 2019, compared to $111.1 billion in 2018. The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins, and a $1.6 billion impairment associated with Sadara Chemical Company.
Free cash flow was $78.3 billion, compared to $85.8 billion the previous year. This was primarily due to lower income, offset by lower capital expenditures and favorable working capital movements.
The balance sheet showed a gearing ratio of -0.2% at the end of 2019, demonstrating the company’s strong and prudent financial framework.
According to Saudi Aramco, the total dividend payments stood at $73.2 billion in 2019.
As disclosed in the IPO prospectus, the company has declared ordinary dividends of $3.9 billion, covering the period from December 5, 2019, the date IPO shares were allocated to investors, through December 31, 2019.
These ordinary dividends represent a proportion of the $13.4 billion total ordinary dividends declared for the fourth quarter 2019. The dividends of $3.9 billion will be paid on March 31, 2020 to registered shareholders as at March 18, 2020, it added.
With respect to calendar year 2020, and as described in the Company’s IPO prospectus, the company, subject to board approval, intends to declare aggregate ordinary cash dividends of at least $75.0 billion a year, paid quarterly.
First quarter 2020 dividends are anticipated to be announced along with Saudi Aramco’s first quarter 2020 financial results, which are expected to be published in May 2020.
Capital expenditure last year was $32.8 billion, compared to $35.1 billion in 2018. The company expects capital spending for 2020 to be between $25 billion and $30 billion in light of current market conditions and recent commodity price volatility. Capital expenditure for 2021 and beyond is currently under review.
Its low upstream costs and low sustaining capital provide significant flexibility and demonstrate differentiation to its peers.