Aramco targets 80 percent more gas sales: Saudi Aramco stock is valued at SAR 6.2 trillion
Published on 10/13/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Saudi Aramco targets an 80 percent increase in gas sales capacity by 2030.
- Adjusted net income reached SAR 251.9 billion in the first half of 2026, up 33 percent year over year.
- Saudi Aramco stock was last at SAR 25.82 on Tadawul on October 13, 2026.
- Third-quarter 2026 results are scheduled for November 3, 2026.
Saudi Aramco (ISIN SA14TG012N13) targeted an 80 percent increase in gas sales capacity by 2030, while its market value stood at SAR 6.2 trillion on October 13, 2026. Argaam reported the gas-capacity target on October 12, 2026, giving the stock a strategic growth angle ahead of its next results.
Three milestones shape the year
On May 11, 2026, Saudi Aramco reported first-quarter net income of SAR 120.1 billion. On August 4, 2026, first-half net income reached SAR 241.64 billion, an increase of 33 percent from the first half of 2025. On October 12, 2026, management targeted an 80 percent expansion in gas sales capacity by 2030. These figures link the near-term earnings story with a longer-term shift toward gas.
What does gas expansion add?
Saudi Aramco said its first-half 2026 operating profile included total hydrocarbon production of 11 million barrels of oil equivalent per day, liquids production of 9.1 million barrels per day and gas production of 10.2 billion standard cubic feet per day. The company also reported adjusted net income of SAR 251.9 billion and free cash flow excluding working capital of SAR 226 billion for the first half of 2026. For investors, the gas target matters because it adds a volume-growth measure to an earnings picture still shaped by oil and refining prices.
Results date sets the next test
Saudi Aramco scheduled its third-quarter 2026 results announcement for November 3, 2026. The company reported SAR 121.51 billion in second-quarter net income and revenue of SAR 450.77 billion, up 19 percent from SAR 378.83 billion in the second quarter of 2025, according to Al Arabiya on October 8, 2026. That comparison gives the November release a clear benchmark: whether higher prices and expanded gas activity can sustain the first-half improvement.
Saudi Aramco stock before results
Saudi Aramco was last at SAR 25.82 on Tadawul on October 13, 2026 at 10:37 a.m. AST. The quote places the company near the middle of its reported 52-week range of SAR 23.29 to SAR 27.96, while its market capitalization was SAR 6.2 trillion on the same date. The next material company-specific date is November 3, 2026, when third-quarter results will test whether the 33 percent first-half earnings increase can extend into the second half.
Saudi Aramco stock facts
- Company: Saudi Arabian Oil Company
- ISIN: SA14TG012N13
- Ticker: 2222
- Primary exchange: Tadawul
- Price on October 13, 2026 at 10:37 a.m. AST: SAR 25.82
- Market capitalization: SAR 6.2 trillion as of October 13, 2026
- 52-week range: SAR 23.29-SAR 27.96 as of October 13, 2026
- Sector / Industry: Energy / Oil and Gas Integrated
- Next earnings date: November 3, 2026
Market context: Latest market reports.
