Petro Rabigh stock: Cantor favors Petro Rabigh stock. Second-quarter profit reaches SAR 2.66 billion

Published on 10/24/2026 at 00:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached SAR 20.37 billion on June 30, 2026. A SAR 26.8 billion market value frames Petro Rabigh stock.

Cantor view and reporting date

Cantor favored Petro Rabigh on October 22, 2026.
The October 7, 2026 outlook put fiscal-year 2026 revenue at SAR 69.1 billion.
Petro Rabigh is scheduled to report on November 10, 2026.
Market capitalization stood at SAR 26.8 billion on October 22, 2026.

Petro Rabigh, SA120GAH5617, Illustration mit AI erstellt.

Petro Rabigh (ISIN SA120GAH5617) drew a favorable view from Cantor on October 22, 2026, while second-quarter net income reached SAR 2.66 billion. Zonebourse carried the dated analyst item.

Profit recovery sets the backdrop

For the second quarter of 2026, Petro Rabigh generated SAR 20.37 billion in revenue and SAR 2.66 billion in net income. Revenue was 37.15 percent higher than in the first quarter, when it stood at SAR 14.85 billion, according to TradingView.

The profit figure also marked a sharp change from the prior quarter's SAR 1.47 billion, giving the latest results a stronger earnings base than the first quarter. Petro Rabigh operates an integrated refining and petrochemical complex serving refined-products and petrochemical markets.

Three dated steps shaped the story

On July 29, 2026, Petro Rabigh published its second-quarter and first-half results, with second-quarter revenue of SAR 20.37 billion and net income of SAR 2.66 billion. On October 7, 2026, Simply Wall St reported that the fiscal-year 2026 revenue forecast had risen from SAR 65.4 billion to SAR 69.1 billion and that the earnings-per-share estimate had increased from SAR 2.20 to SAR 3.33, while on October 22, 2026, Cantor's favorable view became the latest dated analyst event. Simply Wall St provided the October forecast figures.

What does the outlook mean for valuation?

The forecast change gives investors a concrete measure of the improvement expected in fiscal year 2026. The next scheduled reporting date is November 10, 2026, according to TradingView. That date will test whether the second-quarter earnings base is carrying into the next reporting period.

Market value and next checkpoint

The Tadawul close was SAR 16.05 on October 22, 2026, and the 52-week range was SAR 6.36 to SAR 18.77. Market capitalization stood at SAR 26.8 billion on that date, placing the upcoming report alongside a recovery story that still has a wide trading range.