Saudi Aramco shares close at lowest level since 2020
Shares of Saudi Arabian Oil Co. (Saudi Aramco) dropped by 2% today, June 24, to close at the lowest level since 2020 at SAR 24.34.
The stock recorded an intraday low of SAR 24.22, in tandem with the recent steep decline in crude prices.
Year High (SAR) | Year Low (SAR) |
29.00 | 24.22 |
Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
39.41 | 22.32 |
Since listing in the Main Market (TASI) in 2019, the Saudi oil giant has implemented several capital adjustments.
Market Data :
Open | 24.70 |
Low | 24.22 |
High | 24.70 |
Previous Close | 24.74 |
Change (3M) | (6.20 %) |
Change (6M) | (13.84 %) |
Market Value | 5,890,280.00 |
Avg. Volume (3M) | 12,598,625.22 |
Avg. Turnover (3M) | 319,459,970.14 |
Avg. Transaction (3M) | 22,002.21 |
Change(12M) | (13.07 %) |
YTD | (13.23 %) |
Adjustments to the capital (M Riyal) :
Date | Type | Capital (M Riyal) | Change (%) |
2024 | Secondary Offering | 90,000.00 | 0.00% |
2023 | Split | 90,000.00 | 20.00% |
2022 | Split | 75,000.00 | 25.00% |
2019 | IPO | 60,000.00 | 0.00% |
Financial Performance :
Overview :
Saudi Aramco is the state-owned oil company of the Kingdom of Saudi Arabia, and the world's largest producer of oil and chemicals.
Over the past 80 years, the company has become a world leader in hydrocarbons exploration, production, refining, distribution and marketing.
In 1988, the company was incorporated by a royal decree, establishing a new company to take over the responsibilities of an oil concession initially signed in 1933 between the Saudi government and Standard Oil Company of C...
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Financial Ratios :
Financial Ratio | Current |
Market Cap (M Riyal) | 5,890,285.81 |
Shares Outstanding ((M)) | 242,000.00 |
EPS ( | ) (TTM)1.60 |
Book Value (BV) ( Riyal) (Latest announcement) | 6.09 |
Adjusted P/E (Last12) | 15.26 |
Price/book | 4.00 |
Dividend Yield (%) (Last Year) | 7.29 |
Return on Average Assets (%) (TTM) | 15.68 |
Return on Average Equity (%) (TTM) | 25.77 |
Par Value ( Riyal) | - |
Enterprise Value (EV) (M) | 6,124,619.81 |
No upcoming events available
Analyst Estimates :
29.58
Fair Average Price
8
Number of Recommendations
Rating | Research firm | Current Price | Target Price | Change | |
Neutral | Bernstein Research | 25.30 | 25.40 | 0.40 % | |
Hold | kepler cheuvreux | 24.82 | 27.00 | 8.78 % | |
Overweight | AlJazira Capital | 25.00 | 29.60 | 18.40 % | |
Overweight | AlJazira Capital | 25.75 | 29.60 | 14.95 % | |
Overweight | Al Rajhi Capital | 25.80 | 31.00 | 20.16 % | |
Neutral | Morgan Stanley International | 25.80 | 28.50 | 10.47 % | |
Buy | Bank of America | 25.95 | 34.50 | 32.95 % | |
Overweight | Al Rajhi Capital | 25.95 | 31.00 | 19.46 % |
Call Request
Comments Analysis: