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    2222   SA14TG012N13

SAUDI ARABIAN OIL COMPANY

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Abu Dhabi's Mubadala joins EIG-led consortium buying Aramco pipeline stake

06/08/2021 | 11:55am EDT

DUBAI, June 8 (Reuters) - Abu Dhabi state investor Mubadala said on Tuesday it has joined a consortium led by U.S.-based EIG Global Energy Partners that had agreed to buy a 49% equity stake in Aramco Oil Pipelines Co.

Aramco in April agreed to sell a minority stake in its pipelines for $12.4 billion to a consortium led by EIG, the company's largest deal since its record $29.4 billion initial public offering in late 2019.

Aramco will keep 51% of the newly formed Aramco Oil Pipelines Co and rights to 25 years of tariff payments for oil carried on Aramco's pipelines. (Reporting by Saeed Azhar; Editing by Jan Harvey)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 1.04% 79.72 Delayed Quote.49.38%
SAUDI ARABIAN OIL COMPANY 0.43% 35.1 End-of-day quote.0.29%
WTI 0.72% 75.527 Delayed Quote.52.07%
All news about SAUDI ARABIAN OIL COMPANY
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Analyst Recommendations on SAUDI ARABIAN OIL COMPANY
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Financials
Sales 2021 1 352 B 360 B 360 B
Net income 2021 367 B 97 902 M 97 902 M
Net Debt 2021 245 B 65 223 M 65 223 M
P/E ratio 2021 19,1x
Yield 2021 4,02%
Capitalization 7 016 B 1 870 B 1 870 B
EV / Sales 2021 5,37x
EV / Sales 2022 4,93x
Nbr of Employees 79 000
Free-Float 1,76%
Chart SAUDI ARABIAN OIL COMPANY
Duration : Period :
Saudi Arabian Oil Company Technical Analysis Chart | 2222 | SA14TG012N13 | MarketScreener
Technical analysis trends SAUDI ARABIAN OIL COMPANY
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 35,10 SAR
Average target price 35,21 SAR
Spread / Average Target 0,31%
EPS Revisions
Managers and Directors
Amin bin Hasan Al-Nasser President, CEO & Executive Director
Khalid Hashim Al-Dabbagh Director, SVP-Finance, Strategy & Development
Yasir bin Othman Al-Rumayyan Chairman
Ahmad Abdul Rahman Al-Sa'adi Senior Vice President-Technical Services
Ziad Thamer Al-Murshed Vice President-International Operations
Sector and Competitors
1st jan.Capi. (M$)
SAUDI ARABIAN OIL COMPANY0.29%1 870 305
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