Saudi Aramco stock faces security risk after H1 cash flow

Published on 09/25/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi Aramco stock closed at SAR 25.78 on September 24, 2026, 7.80 percent below its 52-week high. H1 2026 adjusted net income reached SAR 251.9 billion.

Saudi Aramco, SA14TG012N13, Illustration mit AI erstellt.

Saudi Aramco stock (ISIN SA14TG012N13) closed at SAR 25.78 on Tadawul on September 24, 2026, 7.80 percent below its 52-week high of SAR 27.96. The immediate company-specific issue is security around the Red Sea export route and Yanbu facilities. Reuters reported on September 24, 2026, that Saudi Arabia intercepted six ballistic missiles and that Houthi forces claimed attacks on Aramco facilities in Yanbu.

Security risk meets export network

Yanbu is a key alternative route for Saudi oil exports when the Strait of Hormuz is disrupted. Reuters said the latest claim followed an improvement in prospects for exports from the terminal, while the East-West pipeline was rebuilding pumping volumes after its September 11 shutdown.

The operating risk is therefore tied to logistics as much as to production. A disruption at Yanbu can affect the route and timing of cargoes even when upstream capacity remains intact.

H1 cash flow cushions scale

Aramco's first-half 2026 adjusted net income was SAR 251.9 billion, while free cash flow excluding working capital reached SAR 226 billion, according to Saudi Aramco. The figures show the cash-generation base supporting the integrated energy business during a difficult operating period.

The second-quarter 2026 base dividend was SAR 82.1 billion and was scheduled for payment on August 27, 2026, up 3.5 percent from the prior year, the company said. Total hydrocarbon production stood at 11 million barrels of oil equivalent per day in the first half.

Valuation stays below yearly high

The September 24 close was SAR 25.78, up SAR 0.14 or 0.55 percent from the SAR 25.64 prior close. Trading volume was 9.24 million shares and market capitalization was SAR 6.50 trillion on the same date.

The 7.80 percent gap to the SAR 27.96 52-week high places the security below its yearly peak while its first-half cash figures remain substantial. For investors, the combination makes export continuity and infrastructure security the key operating variables alongside earnings.

The September 24 close matters

Saudi Aramco stock closed at SAR 25.78 on Tadawul on September 24, 2026, with a daily gain of 0.55 percent and a 52-week range of SAR 23.29 to SAR 27.96.