Luberef (Saudi Aramco Base Oil Company), SA15M1HH2NH5

Analysts lift target for Luberef stock to SAR 150.82

Published on 10/14/2026 at 14:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target rose from SAR 145.62 to SAR 150.82 on October 4, 2026. Luberef stock traded at SAR 127.30 on October 14, 2026.

Luberef valuation and operating dates

Analysts raised the target from SAR 145.62 to SAR 150.82 on October 4, 2026.
First-half 2026 net income reached SAR 992.0 million, up 113.00 percent year over year.
Luberef stock traded at SAR 127.30 on October 14, 2026, below its SAR 143.00 52-week high.

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

Luberef's target rose from SAR 145.62 to SAR 150.82 on October 4, 2026, according to Simply Wall St. Luberef stock traded at SAR 127.30 on Tadawul on October 14, 2026 at 3:15 p.m. AST, placing it 10.98 percent below the SAR 143.00 52-week high.

Three dated operating developments

On August 2, 2026, Saudi Aramco Base Oil Company reported second-quarter 2026 revenue of SAR 3.42 billion and net income attributable to shareholders of SAR 734.10 million, according to the Saudi Exchange.

On September 1, 2026, Luberef announced a successor feedstock and return-streams agreement for its Jeddah facility. The agreement covers up to 24,500 barrels per day of feedstock and 16,500 barrels per day of return streams, according to the Saudi Exchange.

On October 4, 2026, the analyst target increased to SAR 150.82 from SAR 145.62. The new target is 18.08 percent above the October 14 Tadawul price of SAR 127.30, using the same SAR currency.

What supports the valuation?

The first-half 2026 result provides the main operating comparison: net income reached SAR 992.00 million, up 113.00 percent from SAR 467.00 million in the first half of 2025, according to Lubes N Greases. The increase gives the target revision a quantified earnings backdrop, while the Jeddah agreement adds a separate supply-security factor.

The company operates two production facilities in Yanbu and Jeddah and has annual production capacity of 1.3 million metric tons, according to Luberef's Luberef investor overview. Its product portfolio includes Group I and Group II base oils, asphalt, marine heavy fuel oil, slack wax, sulfur and white products.

Upcoming dividend and results date

Luberef's first-half 2026 dividend is SAR 4.00 per share, with distribution scheduled for October 15, 2026, according to the Saudi Exchange. The next quarterly results are scheduled for November 4, 2026, according to Simply Wall St.

Tadawul price and valuation

At 3:15 p.m. AST on October 14, 2026, Luberef traded at SAR 127.30 on Tadawul. The share price stood 10.98 percent below its SAR 143.00 52-week high and above the SAR 84.45 52-week low; market capitalization was SAR 21.4 billion on the same date.

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