Luberef (Saudi Aramco Base Oil Company), SA15M1HH2NH5

Analysts lifted target for Luberef stock to SAR 150.82

Published on 10/12/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net income rose 113 percent to SAR 992 million on August 11, 2026. Luberef stock pays SAR 4.00 per share on October 15, 2026.

Analysts lifted the consensus target for Luberef stock from SAR 145.62 to SAR 150.82 on October 4, 2026.
First-half net income reached SAR 992.0 million, up 113.00 percent year over year.
The October 12, 2026 Tadawul quote was SAR 129.50, while the 52-week range stood at SAR 84.45 to SAR 143.00.
Luberef secured a 10-year Jeddah supply agreement covering up to 24,500 barrels per day of feedstock.
A SAR 4.00 per-share dividend is scheduled for payment on October 15, 2026.

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

Analysts lifted the target for Luberef (Saudi Aramco Base Oil Company) stock from SAR 145.62 to SAR 150.82 in an update dated October 4, 2026, according to Simply Wall St. The revised SAR 150.82 target stood 16.46 percent above the SAR 129.50 Tadawul quote available on October 12, 2026.

Three dated operating signals

On August 11, 2026, Luberef reported first-half net income of SAR 992.0 million, up 113.00 percent from SAR 467.0 million a year earlier, according to Lubes'N'Greases. On September 1, 2026, the company announced a successor supply agreement for its Jeddah facility covering up to 24,500 barrels per day of feedstock and 16,500 barrels per day of return streams, as shown by the Saudi Exchange. The October 4 target revision was the latest dated valuation signal in this sequence.

What does the Jeddah deal secure?

The agreement gives the Jeddah facility a defined feedstock route for 10 years starting August 29, 2026. Simply Wall St reported that the arrangement supports continued Group I base oil production at the site, linking the contract to operating continuity rather than a short-term shipment.

The earnings comparison adds scale to that point: first-half net income was SAR 992.0 million versus SAR 467.0 million in the prior-year period. The result gives the valuation discussion a reported earnings anchor, while the supply agreement addresses the operating base behind the Jeddah facility.

Two dates on the calendar

Luberef has a SAR 4.00 per-share cash dividend scheduled for payment on October 15, 2026, after an eligibility date of October 1, 2026, according to the Saudi Exchange. TickerLandia lists November 2, 2026 as the next quarterly-results date for the company, giving investors a second scheduled reference point, according to TickerLandia.

Tadawul price sits below yearly high

The Tadawul quote was SAR 129.50 at 10:39 a.m. AST on October 12, 2026. The 52-week range was SAR 84.45 to SAR 143.00, leaving the quote 9.44 percent below the high, while market capitalization was SAR 21.8 billion on the same date.