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    2222   SA14TG012N13

SAUDI ARABIAN OIL COMPANY

(2222)
  Report
End-of-day quote. End-of-day quote Saudi Arabian Stock Exchange - 09/16
35.15 SAR   0.00%
09/16SAUDI ARABIAN OIL : Guyana grants Saudi Aramco unit one-year contract to market crude
RE
09/14DMEA : Saudis in South Sudan supply talks
AQ
09/14MEOG : Kuwait to expand drilling
AQ
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EIG Global Energy Partners, Samsung Asset Management Co., Ltd., Hassana Investment Company, Silk Road Fund, managed by The Silk Road Fund Co Ltd., Mubadala Investment Company PJSC, Abu Dhabi Sovereign Investor and ACWA Holding Company completed the acquisition of 49% stake in Aramco Oil Pipelines Company from Saudi Arabian Oil Company.

06/17/2021 EDT

EIG Global Energy Partners, Samsung Asset Management Co., Ltd., Hassana Investment Company, Silk Road Fund, managed by The Silk Road Fund Co Ltd., Mubadala Investment Company PJSC, Abu Dhabi Sovereign Investor and ACWA Holding Company signed an agreement to acquire 49% stake in Aramco Oil Pipelines Company from Saudi Arabian Oil Company (SASE:2222) for SAR 46.5 billion on April 9, 2021. The consideration shall be paid in cash. EIG led the investment. Immediately prior to completion of the transaction, Saudi Aramco will lease for a 25-year period the usage rights in its stabilized crude oil pipelines network to Aramco Oil Pipelines Company. Standard Chartered Bank has provided debt and worked as financial investor to Vision International Investment. Saudi Arabian Oil Company will continue to retain full ownership and operational control of its pipeline network. The transaction is subject to customary closing conditions, including any required merger control and related regulatory approvals. The proceeds from the sale will be used for general corporate purposes. HSBC Bank plc acted as financial advisor and Latham & Watkins LLP acted as legal advisor for EIG. Ashish Adya, Kamal Khullar, Nikhil Joshi, Mike Ryu, Dolly Meena, Jaymi Chung, Yousra Kandri Rodi and Beryl Xu of Standard Chartered Bank acted as financial advisor to ACWA Holding Company (also known as Vision International Investment Company). EIG Global Energy Partners, Samsung Asset Management Co., Ltd., Hassana Investment Company, Silk Road Fund, managed by The Silk Road Fund Co Ltd., Mubadala Investment Company PJSC, Abu Dhabi Sovereign Investor and ACWA Holding Company completed the acquisition of 49% stake in Aramco Oil Pipelines Company from Saudi Arabian Oil Company (SASE:2222) on June 17, 2021.


© S&P Capital IQ 2021
All news about SAUDI ARABIAN OIL COMPANY
09/16SAUDI ARABIAN OIL : Guyana grants Saudi Aramco unit one-year contract to market ..
RE
09/14DMEA : Saudis in South Sudan supply talks
AQ
09/14MEOG : Kuwait to expand drilling
AQ
09/14McDermott and Saudi Aramco Sign MOU for Feasibility Study of In-Kingdom Onsho..
CI
09/13Energy Stocks Rise as Crude Oil Climbs to Six-Week High, Natural Gas Soars
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09/13ABU DHABI NATIONAL OIL FOR DISTRIBUT : ADNOC Drilling IPO price implies equity v..
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09/12Sudan expects to reach oil products deal with Saudi Aramco
RE
09/10SAUDI ARABIAN OIL : Aramco and P1 Racing Fuels partner with the FIA World Rally ..
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09/09SAUDI ARABIAN OIL : Downstream Technology and Digital Excellence Award 2021
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09/09Baosteel in Talks to Build Steel Plate Factory in Saudi Arabia With Aramco; S..
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More news
Analyst Recommendations on SAUDI ARABIAN OIL COMPANY
More recommendations
Financials
Sales 2021 1 352 B 361 B 361 B
Net income 2021 367 B 97 949 M 97 949 M
Net Debt 2021 245 B 65 254 M 65 254 M
P/E ratio 2021 19,2x
Yield 2021 4,02%
Capitalization 7 026 B 1 874 B 1 874 B
EV / Sales 2021 5,38x
EV / Sales 2022 4,94x
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
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 35,15 SAR
Average target price 35,21 SAR
Spread / Average Target 0,17%
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 COMPANY0.43%1 873 518
PETROCHINA COMPANY LIMITED58.33%159 504
ROYAL DUTCH SHELL PLC18.38%156 487
TOTALENERGIES SE9.69%120 271
PUBLIC JOINT STOCK COMPANY GAZPROM59.58%110 526
EQUINOR ASA44.15%77 088