Saudi Aramco's Global Expansion and Resilient Performance Amid Market Volatility

As of April 1, 2025, the current stock price of Saudi Aramco, listed under the symbol 2222.SR, stands at 26.75 Saudi Riyals. This represents a slight increase of 0.38 percent from the previous day's close of 26.65 Saudi Riyals. The trading volume for the day is approximately 9.76 million shares, which is relatively consistent with the average volume over the past three months, which is around 10.03 million shares.

In recent news, Saudi Aramco has been in talks to invest in two Indian refineries, a development that could potentially boost the company's global presence and revenue streams. Additionally, the company has set its propane and butane prices for April, maintaining stability in its pricing strategy despite fluctuations in global energy markets[1].

Major analyst updates have also been notable. Al Rajhi Capital has set a rating and target price for Saudi Aramco, indicating an overweight position, while United Securities Company has recommended a buy. Bank of America and HSBC have also provided positive recommendations, with Bank of America advising a buy and HSBC holding a more cautious stance[1][2].

The company's financial performance has been a subject of interest. In 2024, Saudi Aramco reported a net profit of 393.9 billion Saudi Riyals, a 13 percent dip from the previous year. The company has also set ambitious targets, aiming for a 41 percent increase in gas production by 2030[1][2].

Overall, Saudi Aramco's stock performance reflects the company's strategic efforts to diversify its investments and maintain its position as a major player in the global energy sector. The recent news and analyst updates suggest a positive outlook for the company, although the global energy market remains volatile. With a market capitalization of approximately 6.4735 billion Saudi Riyals, Saudi Aramco continues to be a significant player in the energy industry.

For more http://www.quietplease.ai

Stock up on these deals
https://amzn.to/3QFpYIX

Stay informed with the latest developments in the energy sector by tuning into "Saudi Aramco Industry News." This engaging podcast delivers up-to-date reports and expert insights on Saudi Aramco’s activities and the broader oil and gas industry. Perfect for energy professionals and enthusiasts, each episode covers key trends, strategic initiatives, and technological advancements shaping the future of the energy landscape. Listen now to stay ahead in the dynamic world of energy.

For more info go to
https://www.quietperiodplease....

Check out these deals https://amzn.to/48MZPjs


https://podcasts.apple.com/us/...

• No. of episodes: 84
• Latest episode: 2025-05-26
• News Business News

Where can you listen?