Saudi Aramco shares hit lowest close since 2020
Shares of TASI-listed Saudi Arabian Oil Co. (Saudi Aramco) tumbled by 1% today, Aug. 20, reaching their lowest close since March 2020, at SAR 23.88.
The stock hit an intraday low of SAR 23.70.
Year High (SAR) | Year Low (SAR) |
29.00 | 23.70 |
Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
39.41 | 22.32 |
Market Data :
Open | 23.76 |
Low | 23.70 |
High | 23.82 |
Previous Close | 23.74 |
Change (3M) | (6.88 %) |
Change (6M) | (12.55 %) |
Market Value | 5,735,400.00 |
Avg. Volume (3M) | 12,770,645.79 |
Avg. Turnover (3M) | 312,216,833.02 |
Avg. Transaction (3M) | 21,488.34 |
Change(12M) | (14.59 %) |
YTD | (15.51 %) |
Since its listing on the Main Market (TASI), Saudi Aramco has made several capital adjustments, as shown in the table below:
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) | 5,735,405.81 |
Shares Outstanding ((M)) | 242,000.00 |
EPS ( | ) (TTM)1.51 |
Book Value (BV) ( Riyal) (Latest announcement) | 6.13 |
Recurring P/E | 15.54 |
Price/book | 3.87 |
Dividend Yield (%) (Last Year) | 7.49 |
Return on Average Assets (%) (TTM) | 14.87 |
Return on Average Equity (%) (TTM) | 24.45 |
Par Value ( Riyal) | - |
Enterprise Value (EV) (M Riyal) | 6,011,270.81 |
EV/adj EBITDA | 7.22 |
EV/Revenues | 3.47 |
Calendar :
-
28 August
Cash Dividend Distribution
-
Analyst Estimates :
28.63
Fair Average Price
10
Number of Recommendations
Rating | Research firm | Current Price | Target Price | Change | |
Buy | Arqaam Capital | 24.05 | 28.00 | 16.42 % | |
Buy | United Securities Company | 24.30 | 27.00 | 11.11 % | |
Buy | Jefferies | 24.34 | 30.00 | 23.25 % | |
Neutral | RBC Capital | 24.34 | 30.00 | 23.25 % | |
Hold | HSBC | 24.33 | 27.30 | 12.21 % | |
Overweight | Al Rajhi Capital | 24.11 | 31.00 | 28.58 % | |
Overweight | AlJazira Capital | 24.10 | 29.60 | 22.82 % | |
Neutral | Bernstein Research | 25.30 | 25.40 | 0.40 % | |
Hold | kepler cheuvreux | 24.82 | 27.00 | 8.78 % | |
Overweight | Barclays | 25.15 | 31.00 | 23.26 % |
Call Request
Comments Analysis: