Luberef (Saudi Aramco Base Oil Company), SA15M1HH2NH5

Analysts lift target for Luberef stock from SAR 145.62 to SAR 150.82

Published on 10/19/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Luberef earned SAR 992.00 million in first-half net income, up 113.00 percent year over year. Results are due November 4, 2026.

Profit and reporting date

On October 4, 2026, analysts lifted Luberef's target from SAR 145.62 to SAR 150.82.
First-half net income reached SAR 992.00 million after rising 113.00 percent year over year.
Luberef is scheduled to report third-quarter 2026 results on November 4, 2026.
The company paid a SAR 4.00 per-share dividend on October 15, 2026.

Luberef (Saudi Aramco Base Oil Company), SA15M1HH2NH5, Illustration mit AI erstellt.

Luberef (Saudi Aramco Base Oil Company) (ISIN SA15M1HH2NH5) had its analyst target lifted from SAR 145.62 to SAR 150.82 on October 4, 2026, according to Simply Wall St. The higher valuation reference point arrives as the company prepares to report its third-quarter results.

Profit growth supports the case

Luberef reported first-half 2026 net income of SAR 992.00 million, an increase of 113.00 percent from the prior-year period, according to Investing.com. Second-quarter revenue reached SAR 3.42 billion, while the same report showed revenue of SAR 3.42 billion against a consensus estimate of SAR 3.62 billion.

The analyst revision therefore rests on a mixed operating picture: profit growth was strong, but quarterly revenue came in SAR 200.00 million below the cited consensus. The target increase from SAR 145.62 to SAR 150.82 represents a SAR 5.20 upward revision.

What does SAR 992 million mean?

The first-half result gives the stock a measurable earnings cushion before the next report. Luberef operates base-oil facilities in Yanbu and Jeddah with annual production capacity of approximately 1.30 million metric tons, according to the company's investor-relations page, which also describes sales across the Middle East, North Africa, India, Asia, the Americas and Europe.

Three dates shape the stock

On October 4, 2026, the target rose to SAR 150.82 from SAR 145.62. On October 15, 2026, Luberef paid SAR 4.00 per share for the first half of 2026, according to Simply Wall St. On October 19, 2026, the stock stood at SAR 117.40 on Tadawul at 11:38 a.m. AST.

November 4 reporting date

Simply Wall St lists November 4, 2026 as Luberef's next reporting date for third-quarter 2026 results. That release will show whether the first-half profit advance was sustained through the period.

Stock value and trading level

Luberef had a market capitalization of SAR 19.8 billion as of October 19, 2026, while its 52-week range was SAR 84.45 to SAR 143.00. The SAR 117.40 Tadawul price was 17.90 percent below the 52-week high, calculated from the same dated market snapshot.

The company is listed on Tadawul under ticker 2223 and operates in the Materials sector. Its business remains tied to base-oil demand, production reliability and feedstock access.