Petro Rabigh posts SAR 2.66 billion profit: Petro Rabigh stock sees 5.5 percent volatility

Published on 10/16/2026 at 11:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petro Rabigh stock had a SAR 28.8 billion market value on October 15, 2026. Its 52-week range was SAR 6.36 to SAR 18.77.

Profit recovery and market context

Hassan Al-Yami joined the GPCA board on September 25, 2026.
Second-quarter revenue reached SAR 20.4 billion after a 455.00 percent year-over-year increase.
Petro Rabigh had a SAR 28.8 billion market value on October 15, 2026.

Petro Rabigh, SA120GAH5617, Illustration mit AI erstellt.

Petro Rabigh (ISIN SA120GAH5617) reported SAR 2.66 billion in net income for the second quarter of 2026, while its weekly share-price volatility stood at 5.5 percent on October 15, 2026. The result followed the September 25, 2026 appointment of President and CEO Hassan H. Al-Yami to the GPCA Board, according to GPCA.

Profit recovery has scale

Second-quarter revenue reached SAR 20.4 billion, up 455.00 percent from the same period of 2025, while net income was SAR 2.66 billion. The profit margin was 13 percent, compared with a loss in the year-earlier quarter, according to Simply Wall St.

The improvement also accelerated sequentially. First-quarter net income was SAR 1.47 billion, so second-quarter profit was SAR 1.20 billion higher, an increase of 81.50 percent. The two profitable quarters mark a sharp change from the companys earlier loss-making periods.

What does the profit rebound change?

The earnings sequence gives investors a more concrete operating marker than the share price alone. Petro Rabigh reported SAR 14.9 billion of first-quarter revenue and SAR 20.4 billion in the second quarter, a sequential increase of SAR 5.5 billion, based on the financial figures compiled by Simply Wall St. The scale of the revenue increase matters because the company operates an integrated refining and petrochemical complex serving refined-products and petrochemical markets.

Three dated developments

On May 5, 2026, first-quarter results showed net income of SAR 1.47 billion, according to Simply Wall St. On July 31, 2026, second-quarter results showed SAR 20.4 billion in revenue and SAR 2.66 billion in net income, the same source reported. On September 25, 2026, GPCA appointed Al-Yami to its board after a career spanning more than 30 years in refining and petrochemicals, according to GPCA.

Stock stays below its yearly high

Petro Rabigh stock was last at SAR 17.24 on Tadawul on October 15, 2026 at 3:16 p.m. AST. Its 52-week range was SAR 6.36 to SAR 18.77, and market capitalization stood at SAR 28.8 billion on the same date. For investors, the next test is whether the earnings improvement can continue beyond the second quarter.