據(jù)3月17日Petrol World報道，沙特阿拉伯石油公司（沙特阿美）發(fā)布了2019年財務(wù)業(yè)績。

盡管國際油價持續(xù)低迷，煉油和化工的盈利富有挑戰(zhàn)性，但該公司仍設(shè)法實現(xiàn)了可觀的利潤和股息。

該公司2019年全年凈收入為882億美元，而2018年為1,111億美元，凈收入同比降低的原因在于較低的原油價格和產(chǎn)量、煉油和化工利潤率下降以及與薩達拉化學(xué)公司相關(guān)的16億美元損失。與2018年的858億美元相比，2019年的自由現(xiàn)金流為783億美元，這主要是由于收入減少，但資本支出減少和良好的營運資本流動抵消了這一影響。該公司2019年底的資產(chǎn)負(fù)債表顯示，該公司財務(wù)框架穩(wěn)健，截至2019年底，負(fù)債率為-0.2%。

該公司的下游業(yè)務(wù)持續(xù)擴張，并從整個烴類價值鏈的戰(zhàn)略整合中獲取利潤，增強了產(chǎn)品組合，優(yōu)化了運營模式。去年，沙特阿美簽署了一份購股協(xié)議，以691億美元的價格收購了沙特公共投資基金（Public Investment Fund）在全球最大化工公司之一沙特基礎(chǔ)工業(yè)公司（SABIC）70%的股權(quán)，這將加速沙特阿美的下游戰(zhàn)略布局，從長遠來看也有助于其抓住石化產(chǎn)品不斷增長的需求。這筆交易預(yù)計將于2020年上半年完成，屆時該公司將成為全球最大的石油化工生產(chǎn)商之一。

該公司2019年股息支付總額為732億美元。其IPO招股說明書中披露，公司宣布在2019年12月5日至2019年12月31日期間派發(fā)39億美元的普通股息，是2019年第四季度134億美元普通股息的一部分。該公司計劃2020年申報750億美元的普通現(xiàn)金股利，每季度支付一次。與2018年的351億美元相比，2019年的資本支出為328億美元。鑒于當(dāng)前的市場狀況和近期的商品價格波動，公司預(yù)計2020年的資本支出在250億美元至300億美元之間。該公司較低的上游成本和較低的持續(xù)資本為其提供了顯著的靈活性和與其他同行的差異。

該公司2019年的平均總碳氫化合物產(chǎn)量為每天1320萬桶油當(dāng)量，仍然是世界上最大的原油和凝析油生產(chǎn)商之一。與2018年的2,569億桶相比，沙特阿美公司基于特許權(quán)協(xié)議的2019年油氣總產(chǎn)量為2,586億桶。在9月份兩座工廠遭受襲擊后，該公司在11天內(nèi)恢復(fù)了產(chǎn)能，這得益于其應(yīng)急響應(yīng)培訓(xùn)和程序，更驗證了其長期以來在可靠性方面的聲譽。

“對于沙特阿美而言，2019年是不平凡的一年。在各種情況下，世界對沙特阿美的靈活性和韌性有了前所未有的了解，其中有些是有計劃的，有些則不是。”沙特阿美總裁兼首席執(zhí)行官Amin H. Nasser說道。“我們獨特的規(guī)模、低成本和韌性共同實現(xiàn)了產(chǎn)量的增長，贏得了世界領(lǐng)先地位，同時還維持了世界上最可靠的能源公司之一的地位。這些優(yōu)勢，再加上強勁的資產(chǎn)負(fù)債表和靈活規(guī)范資本配置方式，使我們能夠保持自由現(xiàn)金流的持續(xù)增長，實現(xiàn)在市場持續(xù)波動的情況下向股東派發(fā)股息的目標(biāo)。”

舒曉玲 摘譯自 Petrol World

原文如下：

Saudi Aramco Posts $88.2b Net Income For 2019

The Saudi Arabian Oil Company (Saudi Aramco) has posted its 2019 financial results.

In spite of a lower price environment and challenging margins in refining and chemicals, the company has managed to deliver strong profits and dividends.

Net income stood at $88.2 billion for the full-year 2019, in comparison to $111.1 billion in 2018. 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 contributed to the decrease. Compared to $85.8 billion in 2018, free cash flow was $78.3 billion, which was primarily due to lower income, offset by lower capital expenditures and favorable working capital movements. The strong and prudent financial framework was demonstrated by the company’s balance sheet, which showed a gearing ratio of -0.2% at the end of 2019.

The Company’s downstream business continued expansion, enhancing its portfolio, optimizing operations and capturing value from strategic integration across the hydrocarbon value chain. Last year, the company signed a share purchase agreement to acquire the Public Investment Fund’s 70% equity interest in SABIC, one of the world’s largest chemicals companies, for $69.1 billion, which will accelerate Saudi Aramco’s downstream strategy and help capture rising demand for petrochemical products over the longer term. The SABIC transaction, which is anticipated to close in the first half of 2020, will make the Company one of the world’s largest petrochemical producers by production capacity.

Total dividend payments were $73.2 billion in 2019. Covering the period from December 5, 2019, through December 31, 2019, the Company has declared ordinary dividends of $3.9 billion, as disclosed in the IPO prospectus, which represent a proportion of the $13.4 billion total ordinary dividends declared for the fourth quarter 2019. The Company intends to declare aggregate ordinary cash dividends of at least $75.0 billion a year, paid quarterly, with respect to calendar year 2020.$32.8 billion was capital expenditure in 2019, compared to $35.1 billion in 2018. In light of current market conditions and recent commodity price volatility, the Company expects capital spending for 2020 to be between $25 billion and $30 billion. The Company’s low upstream costs and low sustaining capital provide significant flexibility and demonstrate differentiation to its peers.

With an average total hydrocarbon production of 13.2 million barrels per day of oil equivalent, the Company, in 2019 remained one of the world’s largest producers of crude oil and condensate. Compared to 256.9 billion boe in 2018, Saudi Aramco’s total 2019 hydrocarbon reserves under the Concession Agreement were 258.6 billion barrels of oil equivalent (boe).The Company restored production levels within 11 days, consequent to the attacks on two facilities in September, thanks to its emergency response training and procedures, demonstrating its long-standing reputation for reliability.

“2019 was an exceptional year for Saudi Aramco. Through a variety of circumstances – some planned and some not – the world was offered unprecedented insight into Saudi Aramco’s agility and resilience,” said Saudi Aramco President & CEO Amin H. Nasser. “Our unique scale, low costs, and resilience came together to deliver both growth and world-leading returns, while also maintaining our position as one of the world’s most reliable energy companies. These strengths, combined with a strong balance sheet and a disciplined and flexible approach to capital allocation, allow us to underpin our goal of sustainably growing free cash flow to support dividends to our shareholders despite continued volatility of markets.”