Petro Rabigh stock reports a 2026 profit rebound

Published on 10/07/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petro Rabigh stock was trading at SAR 17.18 on October 7, 2026, while second-quarter revenue reached SAR 20.366846 billion. Net income rose 81.5 percent sequentially.

Petro Rabigh, SA120GAH5617, Illustration mit AI erstellt.

Petro Rabigh (ISIN SA120GAH5617) was trading at SAR 17.18 on the Saudi Exchange on October 7, 2026, at 10:18 a.m. AST, up 0.35 percent from the prior close of SAR 17.12. The latest reported quarter gives the stock a stronger earnings backdrop, with attributable net income reaching SAR 2.660620 billion.

Second-quarter profit gains ground

Saudi Exchange reports second-quarter 2026 revenue of SAR 20.366846 billion and attributable net income of SAR 2.660620 billion for the period ended June 30, 2026. Revenue rose 37.1 percent from SAR 14.850063 billion in the first quarter, while net income increased 81.5 percent from SAR 1.466233 billion.

The comparison matters because Petro Rabigh had recorded attributable net losses of SAR 1.365922 billion in the year-earlier quarter. Second-quarter earnings per share reached SAR 1.59, compared with a loss per share of SAR 0.82 in the same quarter of 2025, according to the Saudi Exchange financial statement.

Analysts set target at SAR 20.40

Investing.com lists a Strong Buy consensus based on two analysts, with an average 12-month price target of SAR 20.40. The published target range runs from SAR 20.00 to SAR 20.80, placing the average target 18.74 percent above the October 7 price.

A separate Fintel report dated September 22, 2026, puts the aggregate analyst target at SAR 20.40, up 25.00 percent from SAR 16.32. Its recommendation count shows 2 strong buy, 5 buy and 1 hold views for the September 1, 2026 period.

Stock stays below yearly high

Petro Rabigh's October 7 intraday range was SAR 17.09 to SAR 17.23, with 202,864 shares traded by 10:18 a.m. AST. The 52-week range is SAR 6.36 to SAR 18.77, leaving the latest price SAR 1.59 below the yearly high.

The company operates an integrated refining and petrochemical complex in Saudi Arabia. Its investor-relations page says Petro Rabigh was established in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical, linking the company to both refining capacity and petrochemical products.

Petro Rabigh stock trades at SAR 17.18

Petro Rabigh stock was last at SAR 17.18 on the Saudi Exchange on October 7, 2026, at 10:18 a.m. AST. Its market capitalization was SAR 28.7 billion at that time.