Last SR88.45 SAR
Change Today -1.79 / -1.98%
Volume 6.9M
SABIC On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 8:30 AM 12/25/14 All times are local (Market data is delayed by at least 15 minutes).

saudi basic industries corp (SABIC) Snapshot

Open
SR90.00
Previous Close
SR90.24
Day High
SR91.25
Day Low
SR88.00
52 Week High
09/21/14 - SR136.50
52 Week Low
12/16/14 - SR70.25
Market Cap
265.4B
Average Volume 10 Days
5.7M
EPS TTM
SR8.41
Shares Outstanding
3.0B
EX-Date
--
P/E TM
10.5x
Dividend
SR6.00
Dividend Yield
6.21%
Current Stock Chart for SAUDI BASIC INDUSTRIES CORP (SABIC)

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saudi basic industries corp (SABIC) Details

Saudi Basic Industries Corporation, together with its subsidiaries, manufactures, markets, and distributes chemicals, fertilizers, and metal products in the Kingdom of Saudi Arabia and internationally. The company operates through Chemicals, Fertilizers, and Metals segments. It provides various chemical products, including olefins comprising ethylene, propylene, butadiene, and butene-1 to manufacture various consumer products; oxygenates, such as methanol and methyl tertiary butyl ether; aromatics for the production of clothing, paints, and packaging; chemical intermediates, such as caustic soda, ethylene dichloride, and vinyl chloride monomer to make various materials for textiles, soaps, polyvinyl chloride (PVC), and other plastics; fiber intermediates to manufacture antifreeze, detergents, paints, and polyesters; industrial gases comprising nitrogen, argon, crude krypton/xenon, and hydrogen for industrial processes; and linear alpha olefins that form components of comonomers, alcohols, lubricants, surfactants, and other intermediate chemicals. The company also offers performance chemicals, such as base products, functional chemicals, and functional polymers; plastic products that include PVC and polyesters for consumer, commercial, and industrial products; polystyrene; and polyolefins polyethylene and polypropylene for use in various materials, industrial food packaging, and waterproof films. In addition, it provides fertilizer products, which comprise prilled and granular urea, ammonia, and phosphates; long steel products, including reinforcing bar, rebar-in-coil, wire rod coils, light sections, and steel billets; and flat steel products, such as hot rolled, cold rolled, hot dip galvanized, and pre painted coils. The company was founded in 1976 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

40,000 Employees
Last Reported Date: 02/25/14
Founded in 1976

saudi basic industries corp (SABIC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

saudi basic industries corp (SABIC) Key Developments

SABIC Appoints Yousef Al Benyan as its New CFO

SABIC has appointed the current executive vice president for chemicals Yousef Al Benyan as its new CFO. Al Benyan will replace Mutlaq Al Morished, who left SABIC to become CEO of National Industrialisation Co, as announced on 15 December 2014.

SABIC Reports Earnings Results for the Third Quarter and Nine Months Ended September 2014

SABIC reported earnings results for the third quarter and nine months ended September 2014. For the quarter, the company reported net profit of SAR 6.18 billion ($1.65 billion) against SAR 6.47 billion in the third quarter last year. The decrease in net income is attributable to lower quantities sold and other income, despite lower financial charges. Operating profit fell 7.6% over the same period to SAR 10.41 billion. For the nine months, the company reported net profit rise 0.05% to SAR 19.08 billion from SAR 19.07 billion in the same period last year. Operating profit was down 2.9% over the same period to SAR 31.35 billion.

Saudi Basic Industries Corporation Reports Earnings Results for the Second Quarter and Six Months of 2014

Saudi Basic Industries Corporation reported earnings results for the second quarter and six months of 2014. Net profit rose by 6.95% year on year to SAR 6.46 billion in the second quarter of 2014 on the back of higher output and sales volumes. Operating profit was up by 1% at SAR 10.1 billion. The rise in net profit was also due to improved ‘sales prices for certain products, income from associated companies and other income as well as lower financial charges’. For the first six months of 2014, the company's net profit rose by 2.3% year on year to SAR 12.9 billion, while its operational profit was down by 0.38% at SAR 20.9 billion.

 

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SABIC:AB SR88.45 SAR -1.79

SABIC Competitors

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Company Last Change
Akzo Nobel NV €57.07 EUR -0.35
BASF SE €70.77 EUR +0.326
EI du Pont de Nemours & Co $75.13 USD +0.34
LyondellBasell Industries NV $80.98 USD -0.33
Reliance Industries Ltd 888.85 INR 0.00
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Industry Analysis

SABIC

Industry Average

Valuation SABIC Industry Range
Price/Earnings 10.5x
Price/Sales 1.4x
Price/Book 1.7x
Price/Cash Flow 10.3x
TEV/Sales 0.3x
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