Aramco Surges on Higher Oil Output & Prices

Aramco Surges on Higher Oil Output & Prices

Assessment

Interactive Video

Business

University

Hard

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The video discusses the performance of Amco's upstream and downstream arms, highlighting the impact of higher oil prices and production on earnings. The upstream arm performed well due to eased OPEC cuts and higher crude prices, while the downstream arm faced shrinking margins and supply chain issues. The video also covers CapEx plans and their potential market impact, as well as Amco's decision to focus on debt reduction over dividend increases, which may affect investor interest due to lower yield compared to competitors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main factor contributing to Amco's strong earnings?

Decreased operational costs

Higher downstream profits

Increased oil prices and production

Expansion into new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is the downstream arm of Amco facing?

Higher production costs

Decreasing oil prices

Supply chain issues

Increasing margins

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do higher energy prices affect Amco's operations?

They have no significant impact

They benefit both upstream and downstream arms

They negatively impact both upstream and downstream arms

They benefit the upstream arm but challenge the downstream unit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial strategy did Amco prioritize over increasing dividends?

Acquiring new companies

Investing in renewable energy

Paying down debt

Expanding production capacity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Amco's dividend yield compare to other major oil companies?

It is not publicly disclosed

It is lower than companies like BP and Shell

It is about the same

It is higher than most