Petro Rabigh closes at highest level since January 2024

15/10/2025 Argaam Exclusive

Shares of Rabigh Refining and Petrochemical Co. (Petro Rabigh) rose today, Oct. 15, to SAR 9.31, closing at its highest price since January 2024.

 

The stock posted an intraday high of SAR 9.44/share.

Year High (SAR) Year Low (SAR)
9.44 6.26
Highest Since Debut (SAR) Lowest Since Debut (SAR)
45.20 4.90

With today's increase, the stock's gains reached nearly 14% year-to-date (YTD).

Market Data :

Open 10.60
Low 10.50
High 10.95
Previous Close 10.35
Change (3M) 56.30 %
Change (6M) 38.28 %
Market Value 23,731.49
Avg. Volume (3M) 4,568,911.03
Avg. Turnover (3M) 38,046,033.34
Avg. Transaction (3M) 3,970.71
Change(12M) 37.40 %
YTD 57.89 %

The company made several adjustments to its capital since listing in January 2008, as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2026 Reduction   16,710.00 (23.95%)
2025 Private Offering   21,973.65 31.50%
2022 Right Issue   16,710.00 90.75%
2022 Reduction   Cancelled 8,058.29 (8.01%)
2008 IPO   8,760.00 33.33%

Financial Performance :

Overview :

Established in Jeddah in 2005 with capital of SAR 750 million as a limited liability company, Rabigh Refining and Petrochemical Company (Petro Rabigh) was formed as a joint venture (JV) between Saudi Arabian Oil Co. (Saudi Aramco) and Sumitomo Chemical of Japan. The entity was converted into a joint-stock company in 2007 and subsequently listed on the Saudi Stock Exchange (Tadawul) in early 2008. The company’s operations, which commenced with refining in 2008 and petrochemical productio...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 23,731.51
Shares Outstanding ((M)) 2,197.36
EPS ( Riyal) (TTM) (2.16 )
Book Value (BV) ( Riyal) (Latest announcement) 5.93
Recurring P/E Neg
Price/book 1.82
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) (6.56 )
Return on Average Equity (%) (TTM) (34.15 )
Par Value ( Riyal) 6.85
Enterprise Value (EV) (M Riyal) 39,888.31
EV/adj EBITDA 74.61
EV/Revenues 1.13


Analyst Estimates :

7.12

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Underweight AlphaMena 7.54 7.12 (5.57 %)

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