1. Saudi Arabia Stocks

  2. •

    Energy minerals

  3. •

    Oil refining/Marketing
Rabigh Refining & Petrochemical Co. Class A

Rabigh Refining & Petrochemical Co. Class A

TTADAWUL:2380
16.05
SAR
-0.40
(-2.43%)
1.37EPS
8.94P/E
26.85BMarket Cap
Nov 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
46.91
50.42
23.77
23.31
31.72
38.01
31.58
20.28
28.15
39.83
26.69
23.14
20.95
32.95
Basic EPS, GAAP
0.33
0.63
-0.71
0.03
1.32
0.62
-0.5
-3.51
1.26
-0.79
-2.81
-2.72
-2.33
1.37
Free Cash Flow per Basic Share
-1.15
3.44
-14.58
-1.94
0.45
0.94
-1.49
-1.3
2.99
2.61
-1.59
1.98
-0.98
5.36
Dividend per Share
- -
- -
0.41
- -
- -
0.41
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.13
7.64
6.68
6.71
8.06
8.43
8.03
4.96
6.64
9.13
6.31
5.87
5.93
7.8
Tangible Book Value per Share
6.96
7.5
6.56
6.6
7.97
8.34
7.63
4.62
6.34
8.95
6.18
5.78
5.89
7.77
Basic Weighted Avg Shares
1,079
1,076
1,073
1,079
1,079
1,079
1,079
1,079
1,621
1,405
1,671
1,671
1,671
1,671
Sales/Revenue/Turnover
50,598
54,237
25,514
25,146
34,211
40,998
34,062
21,870
45,638
55,952
44,604
38,662
35,008
55,064
Operating Margin (%)
-0.55
1.52
-2.49
0.56
4.88
2.34
1.13
-11.32
6.87
-0.08
-5.89
-6.72
-7.28
6.78
Depreciation Expense
2,197
2,281
2,175
2,420
2,441
2,433
2,392
3,194
3,185
3,039
3,221
3,192
3,160
3,227
Net Income, GAAP
359
681
-759
35
1,423
669
-544
-3,781
2,037
-1,115
-4,693
-4,545
-3,899
2,285
Effective Tax Rate (%)
- -
- -
- -
53.7
6.11
21.63
- -
- -
11.42
- -
- -
- -
- -
13.28
Profit Margin (%)
0.71
1.26
-2.97
0.14
4.16
1.63
-1.6
-17.29
4.46
-1.99
-10.52
-11.75
-11.14
4.15
Working Capital
460
1,300
-2,139
-1,738
-1,127
-10,253
-16,426
-10,679
-15,906
-14,670
-10,817
-10,667
-13,731
-8,900
LT Debt
20,871
19,067
34,924
38,154
37,271
28,126
35,389
43,527
30,475
22,673
29,082
27,834
21,558
21,119
Total Equity
8,917
9,556
8,356
8,396
10,086
10,542
10,041
6,203
8,306
15,255
10,551
9,803
13,030
17,150
Return on Invested Capital (%)
-0.97
2.34
- -
0.15
3.16
1.53
- -
- -
4.66
- -
- -
- -
- -
8.43
Return on Capital (%)
2.03
3.04
- -
0.45
3.61
2
- -
- -
5.01
- -
- -
- -
- -
8.63
Return on Common Equity (%)
4.11
7.38
-8.47
0.42
15.4
6.48
-5.29
-46.55
28.07
-9.46
-36.37
-44.65
-34.15
17.07

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,645
3,433
1,077
LT Borrowings
13,949
13,783
13,811
LT Finance Leases
7,609
7,461
7,308
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,197
2,197
2,197
Market Capitalization
15,030
23,138
26,852

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,294
13,868
21,222
Cash, Cash Equivalents & STI
550
1,293
8,197
Accounts Receivable, Net
3,049
7,061
7,827
Inventories
3,911
4,055
3,825
Total Current Liabilities
23,025
25,860
30,122
Payables & Accruals
- -
- -
- -
ST Debt
3,645
3,433
1,077
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.47%
22.51%
32.91%
Free Cash Flow
-138.99%
-203.06%
-149.33%
Net Income, GAAP
424.19%
-1.01%
-14.21%
Sales/Revenue/Turnover
9%
17.65%
-9.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,984
10,011
9,772
11,397
38,662
2025
11,214
3,947
9,195
10,653
35,008
2026
14,850
20,367
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.82
-0.66
-0.78
-0.47
-2.72
2025
-0.41
-0.82
-0.74
-0.36
-2.33
2026
0.88
1.59
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hassan Al Yami
Full Time Employees
3,500
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
PO Box 101 Rabigh MC Saudi Arabia 21911
IPO Date
Jan 5, 2008
Website
petrorabigh.com
Similar Companies
Reliance Industries Limited (NSE:RELIANCE)
Tupras Turkiye Petrol Rafinerileri A.S. (BIST:TUPRS)
LUKOIL (MOEX:LKOH)
Valero Energy Corporation (NYSE:VLO)
Bharat Petroleum Corporation Limited (NSE:BPCL)
Koc Holding A.S. (BIST:KCHOL)
Business
Rabigh Refining and Petrochemical Company (Petro Rabigh) (2380.SR) operates an integrated refining and petrochemical complex in Rabigh, Saudi Arabia. Founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical Company, the company is headquartered in Rabigh and produces refined products including gasoline, naphtha, jet fuel/kerosene, diesel, fuel oil and liquefied petroleum gas (LPG); polymers such as high-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), homopolymer polypropylene (PP), impact copolymer polypropylene, ethylene vinyl acetate (EVA), ethylene propylene rubber (EPR/EPDM), thermoplastic olefin (TPO), poly methyl methacrylate (PMMA) and polyamide 6; and monomers including mono ethylene glycol (MEG), propylene oxide (PO), methyl methacrylate (MMA), phenol, acetone, para-xylene (PX) and benzene. Petro Rabigh serves markets in Asia, the Middle East and Europe across the transportation, packaging, construction, medical and consumer goods industries. In 2025, Saudi Aramco completed the acquisition of an additional 22.5% stake from Sumitomo Chemical for $702 million, increasing its ownership to approximately 60% and becoming the largest shareholder, while Sumitomo retains 15%; Aramco and Sumitomo also injected $1.4 billion via Class B shares to prepay debt and waived $1.5 billion in shareholder loans (phased in August 2024 and January 2025) to strengthen the balance sheet, support a transformation program with targeted asset upgrades for higher-margin product yields, improved plant reliability and optimized operations.