Saudi Aramco stock falls 1.08 percent as exports rebound

Published on 09/28/2026 at 14:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi Aramco stock delivered SAR 121.51 billion in second-quarter net income, up 41.90 percent year over year. The average target is SAR 30.23.

Saudi Aramco, SA14TG012N13, Illustration mit AI erstellt.

Saudi Aramco stock (ISIN SA14TG012N13) traded at SAR 25.54 on Tadawul on September 28, 2026, down 1.08 percent from the prior close. The immediate market story is an export rebound: Reuters reported on September 28, 2026, that Saudi crude shipments were recovering after exports were rerouted from the Red Sea port of Yanbu.

Export routes shape the catalyst

The operational development matters because the East-West pipeline and Yanbu terminals are central to Aramco's ability to move crude away from the Strait of Hormuz. Reuters connected the September rebound with stronger flows through the strait and higher Saudi shipments, giving the stock a concrete operating variable beyond oil-price headlines.

Second-quarter profit rose 41.90 percent

Saudi Aramco reported second-quarter net income attributable to shareholders of SAR 121.51 billion, compared with SAR 85.63 billion a year earlier, a 41.90 percent increase. Borsatalkhaleej.com reported on September 17, 2026, that the figure came from the Saudi Exchange filing for the quarter ended June 30, 2026.

The company also highlighted adjusted first-half 2026 net income of SAR 251.9 billion and free cash flow excluding working capital of SAR 226.0 billion. Saudi Aramco said on its investor page that the second-quarter base dividend was SAR 82.1 billion, payable on August 27, 2026, and up 3.5 percent year over year.

SAR 30.23 target leaves a measurable gap

The average 12-month analyst target is SAR 30.23, versus the September 28 reference price of SAR 25.54. Investing.com lists 18 analysts, with 10 Buy ratings and 8 Hold ratings; the target stands 18.36 percent above the reference price.

Stock stays below the yearly high

Saudi Aramco stock was last at SAR 25.54 on Tadawul at 3:16 p.m. AST on September 28, 2026. Its 52-week range is SAR 23.29 to SAR 27.96, while market capitalization is SAR 6.2 trillion and trading volume reached 13,620,005 shares.