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Saudi Arabian Oil CompanySASE:2222 Stock Report

Market Cap ر.س6.6t
Share Price
ر.س27.20
ر.س30.37
10.4% undervalued intrinsic discount
1Y9.5%
7D-2.0%
Portfolio Value
View

Saudi Arabian Oil Company

SASE:2222 Stock Report

Market Cap: ر.س6.6t

Saudi Arabian Oil (2222) Stock Overview

Operates as an integrated energy and chemical company in the Kingdom of Saudi Arabia and internationally. More details

2222 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends1/6

2222 Community Fair Values

Create Narrative

See what 194 others think this stock is worth. Follow their fair value or set your own to get alerts.

Saudi Arabian Oil Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Saudi Arabian Oil
Historical stock prices
Current Share Priceر.س27.20
52 Week Highر.س27.96
52 Week Lowر.س23.04
Beta0.0048
1 Month Change-1.16%
3 Month Change6.25%
1 Year Change9.50%
3 Year Change-19.17%
5 Year Change-8.07%
Change since IPO-6.50%

Recent News & Updates

Narrative Update Apr 30

2222: Higher Base Dividend And Buybacks Will Support Balanced Future Return Profile

Analysts have lifted their price target for Saudi Arabian Oil to SAR29.60 from SAR29.05, citing updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple. Together, these factors support a modestly higher fair value estimate.
New Narrative Apr 27

2222: The World's Most Profitable Oil Company—SAR 511 Billion in Cash Flow and a Dividend Machine Built for the Decade Ahead

The Kingdom's Crown Jewel and the World's Last Great Energy Moat Saudi Arabian Oil Company (SASE: 2222), universally known as Saudi Aramco, is the national petroleum and natural gas company of the Kingdom of Saudi Arabia, headquartered in Dhahran and operating as the world's largest oil producer, the world's fourth-largest refiner, and one of the top five global chemical companies through its majority-owned subsidiary SABIC. The company holds the exclusive right to explore for, produce, and refine Saudi Arabia's hydrocarbon resources—a mandate that gives it access to the largest and lowest-cost oil reserves on earth, encompassing 247.2 billion barrels of oil equivalent as of December 31, 2025.
Narrative Update Apr 16

2222: Dividend And Buyback Policy Will Shape Balanced Forward Return Profile

Narrative Update on Saudi Arabian Oil Price Target The updated analyst model for Saudi Arabian Oil now reflects a fair value price target of SAR29.05, up from SAR28.26, as analysts factor in a higher projected profit margin and a broadly unchanged forward P/E, while applying the same discount rate and revised revenue growth assumptions. What's in the News The Board of Directors authorized a share repurchase plan on March 10, 2026, with approval to buy back up to US$3,000m of shares over an 18‑month period (Key Developments).
Narrative Update Mar 17

2222: Dividend Reset And Capital Returns Will Frame Balanced Forward Outlook

Analysts now set their price target for Saudi Arabian Oil at SAR28.26, a slight uptick from SAR28.19. This reflects updated assumptions around modest revenue growth, a lower projected profit margin, and a slightly reduced future P/E multiple.

Recent updates

Narrative Update Apr 30

2222: Higher Base Dividend And Buybacks Will Support Balanced Future Return Profile

Analysts have lifted their price target for Saudi Arabian Oil to SAR29.60 from SAR29.05, citing updated assumptions around revenue growth, profit margins, and a slightly lower future P/E multiple. Together, these factors support a modestly higher fair value estimate.
New Narrative Apr 27

2222: The World's Most Profitable Oil Company—SAR 511 Billion in Cash Flow and a Dividend Machine Built for the Decade Ahead

The Kingdom's Crown Jewel and the World's Last Great Energy Moat Saudi Arabian Oil Company (SASE: 2222), universally known as Saudi Aramco, is the national petroleum and natural gas company of the Kingdom of Saudi Arabia, headquartered in Dhahran and operating as the world's largest oil producer, the world's fourth-largest refiner, and one of the top five global chemical companies through its majority-owned subsidiary SABIC. The company holds the exclusive right to explore for, produce, and refine Saudi Arabia's hydrocarbon resources—a mandate that gives it access to the largest and lowest-cost oil reserves on earth, encompassing 247.2 billion barrels of oil equivalent as of December 31, 2025.
Narrative Update Apr 16

2222: Dividend And Buyback Policy Will Shape Balanced Forward Return Profile

Narrative Update on Saudi Arabian Oil Price Target The updated analyst model for Saudi Arabian Oil now reflects a fair value price target of SAR29.05, up from SAR28.26, as analysts factor in a higher projected profit margin and a broadly unchanged forward P/E, while applying the same discount rate and revised revenue growth assumptions. What's in the News The Board of Directors authorized a share repurchase plan on March 10, 2026, with approval to buy back up to US$3,000m of shares over an 18‑month period (Key Developments).
Narrative Update Mar 17

2222: Dividend Reset And Capital Returns Will Frame Balanced Forward Outlook

Analysts now set their price target for Saudi Arabian Oil at SAR28.26, a slight uptick from SAR28.19. This reflects updated assumptions around modest revenue growth, a lower projected profit margin, and a slightly reduced future P/E multiple.
Narrative Update Mar 03

2222: Cybersecurity MoU And Jazan Base Oil Plan Will Guide Balanced Outlook

Analysts have trimmed their price target for Saudi Arabian Oil to SAR28.19 from SAR28.28, citing slightly softer revenue growth assumptions, a modestly lower profit margin outlook, and a marginally higher future P/E estimate. What's in the News CrowdStrike and Aramco signed an MoU in Saudi Arabia to explore long term collaboration in cybersecurity, with a focus on a unified, Kingdom wide security model and support for the country's AI transformation (Key Developments).
Narrative Update Feb 17

2222: Cybersecurity And Jazan Base Oil Plans Will Shape Balanced Outlook

Analysts have adjusted their price target on Saudi Arabian Oil slightly lower to SAR 28.28 from SAR 28.29, reflecting updated views on a modest revenue decline, a small improvement in profit margin and a slightly higher forward P/E assumption. What's in the News CrowdStrike and Aramco signed a memorandum of understanding in Saudi Arabia to explore long term collaboration on cybersecurity, including a unified security model for critical infrastructure and support for the country's AI transformation (Key Developments).
Narrative Update Feb 02

2222: Future Revenue And Jazan Integration Will Shape Balanced Outlook

Analysts have trimmed their fair value estimate for Saudi Arabian Oil from US$28.96 to US$28.29 per share, citing updated assumptions for revenue trends, profit margins and forward P/E. What's in the News Saudi Aramco Base Oil Company Luberef signed a Memorandum of Understanding with Saudi Arabian Oil Company to explore building a base oil plant within the Jazan Refinery and Petrochemical Complex, using Unconverted Crude Oil as feedstock from Saudi Aramco (Key Developments).
Analysis Article Jan 05

Under The Bonnet, Saudi Arabian Oil's (TADAWUL:2222) Returns Look Impressive

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Narrative Update Nov 06

2222: Future Revenue Strength Will Drive Upstream And Downstream Integration

Analysts have raised their price target for Saudi Arabian Oil by $0.32, citing slightly improved revenue growth forecasts and a modestly higher fair value estimate. Valuation Changes Fair Value Estimate has risen slightly from SAR 28.65 to SAR 28.96.
Analysis Article Sep 29

Saudi Arabian Oil (TADAWUL:2222) Is Reinvesting To Multiply In Value

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Narrative Update Sep 04

Global Energy Demand Will Expand Oil And Downstream Integration

With both the Future P/E and consensus revenue growth forecasts essentially unchanged, analysts have maintained their fair value estimate for Saudi Arabian Oil at SAR28.65. What's in the News BlackRock is in discussions with Saudi Aramco to potentially sell its stake in Aramco’s natural-gas pipeline network back to the company, with alternative options being considered if an agreement is not reached.
Analysis Article Jul 12

Saudi Arabian Oil Company's (TADAWUL:2222) Price Is Right But Growth Is Lacking

When close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 22x, you may consider...
Analysis Article May 15

Saudi Arabian Oil's (TADAWUL:2222) Dividend Will Be SAR0.3312

Saudi Arabian Oil Company ( TADAWUL:2222 ) has announced that it will pay a dividend of SAR0.3312 per share on the 29th...
New Narrative Mar 24

Saudi Aramco (SASE:2222): Not The Sexiest High Dividend Yield Stock, But One With Interesting 'Convertible-Like' Qualities

Dividend Yield as a Core Attraction: Saudi Aramco’s 7% dividend yield makes it a compelling income-generating asset, functioning like a “convertible bond” with steady payouts and long-term growth pote
User avatar
New Narrative Nov 07

Decisive Growth In LNG And Renewables To Propel Future Earnings And Optimize Margins

Strategic gas and LNG expansion plans, together with increased Downstream investments, are aimed at boosting revenue and capturing more value in the growing global gas market.

Shareholder Returns

2222SA Oil and GasSA Market
7D-2.0%-3.6%-1.7%
1Y9.5%20.8%4.5%

Return vs Industry: 2222 underperformed the SA Oil and Gas industry which returned 22.5% over the past year.

Return vs Market: 2222 exceeded the SA Market which returned 3.6% over the past year.

Price Volatility

Is 2222's price volatile compared to industry and market?
2222 volatility
2222 Average Weekly Movement2.7%
Oil and Gas Industry Average Movement6.7%
Market Average Movement5.1%
10% most volatile stocks in SA Market7.7%
10% least volatile stocks in SA Market2.9%

Stable Share Price: 2222 has not had significant price volatility in the past 3 months compared to the SA market.

Volatility Over Time: 2222's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1933n/aAmin Nasserwww.aramco.com

Saudi Arabian Oil Company operates as an integrated energy and chemical company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Upstream and Downstream. The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs).

Saudi Arabian Oil Company Fundamentals Summary

How do Saudi Arabian Oil's earnings and revenue compare to its market cap?
2222 fundamental statistics
Market capر.س6.57t
Earnings (TTM)ر.س348.04b
Revenue (TTM)ر.س1.67t
18.9x
P/E Ratio
3.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2222 income statement (TTM)
Revenueر.س1.67t
Cost of Revenueر.س739.79b
Gross Profitر.س931.42b
Other Expensesر.س583.38b
Earningsر.س348.04b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 10, 2026

Earnings per share (EPS)1.44
Gross Margin55.73%
Net Profit Margin20.83%
Debt/Equity Ratio17.4%

How did 2222 perform over the long term?

See historical performance and comparison

Dividends

4.9%
Current Dividend Yield
93%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 13:32
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Saudi Arabian Oil Company is covered by 25 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Madhu AppissaAl Rajhi Capital
Mazen Al-SudairiAl Rajhi Capital