Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last SR95.61 SAR
Change Today -0.11 / -0.11%
Volume 4.7M
SABIC On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 9:30 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

saudi basic industries corp (SABIC) Snapshot

Open
SR95.25
Previous Close
SR95.72
Day High
SR96.00
Day Low
SR93.75
52 Week High
09/21/14 - SR136.50
52 Week Low
12/16/14 - SR70.25
Market Cap
286.8B
Average Volume 10 Days
5.5M
EPS TTM
SR6.97
Shares Outstanding
3.0B
EX-Date
04/13/15
P/E TM
13.7x
Dividend
SR6.00
Dividend Yield
5.75%
Current Stock Chart for SAUDI BASIC INDUSTRIES CORP (SABIC)

Related News

No related news articles were found.

saudi basic industries corp (SABIC) Related Businessweek News

View More BusinessWeek News

saudi basic industries corp (SABIC) Details

Saudi Basic Industries Corporation manufactures and sells chemicals, plastics, fertilizers, and metals worldwide. Its chemicals include olefins comprising ethylene, propylene, butadiene, and butene-1 to manufacture various consumer products; oxygenates, such as methanol and methyl tertiary butyl ether; aromatics, including styrene monomer, benzene, paraxylene, pyrolysis gasoline, and purified terephthalic acid for the production of clothing, paints, and packaging; and 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. The company’s chemicals also comprise fiber intermediates to manufacture antifreeze, detergents, paints, and polyesters; industrial gases, such as nitrogen, argon, crude krypton/xenon, and gaseous hydrogen for industrial processes; and linear alpha olefins that form components of comonomers, alcohols, lubricants, surfactants, and other intermediate chemicals. In addition, it offers performance chemicals, including base products, functional chemicals, and functional polymers; plastic products comprising PVC, PS, 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. Further, the company provides fertilizer products, which comprise prilled and granular urea, ammonia, and phosphates. Additionally, it offers metals, such as flat steel products, including hot rolled, cold rolled, hot dip galvanized, and pre painted coils; and long steel products comprising reinforcing bars, rebar-in-coils, wire rod coils, light sections, and steel billets. The company was founded in 1976 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

40,000 Employees
Last Reported Date: 02/26/15
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

Saudi Basic Industries Corp Reports Earnings Results for the First Quarter Ended March 31, 2015

Saudi Basic Industries Corp. reported earnings results for the first quarter ended March 31, 2015. The company posted a 39% decline in net profits in the first quarter of 2015 compared with a year ago because of plunging oil prices. The company reported net profit of SAR 3.93 billion for the three months ended March 31, 2015. That compared with a net profit of SAR 6.44 billion in the same quarter a year earlier. The decrease in net income is attributable to lower average sales prices despite the reduction in cost of sales. Operational profit was down by 43.5% at SAR 6.13 billion.

Saudi Basic Industries Corporation Showcases New Solutions at 2015 Plastindia Show

Saudi Basic Industries Corporation has showcased new solutions at the 2015 Plastindia event in Gandhinagar, Gujarat (India). The company showcased a lightweight aero corner panel on the 2014 Condo Pro 6031 truck from Volvo Eicher Commercial Vehicles. SABIC's NORYL GTX(TM) 989 resin helps reduce the weight of the truck's aero corner panel by about 37% versus sheet metal. Moreover, the material delivers a number of additional benefits, such as parts integration, increased design flexibility, corrosion resistance, and improved impact resistance.

Saudi Basic Industries Corp Appoints Yousef Abdullah Al Benyan as Chief Executive Officer

Saudi Basic Industries Corp. announced that it has appointed Yousef Abdullah Al Benyan as its new chief executive officer, replacing outgoing head Mohamed Al Mady. Benyan was named executive vice president of corporate finance for SABIC last month, replacing Mutlaq Al Morished who joined National Industrialization Co (Tasnee) as its CEO in December.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SABIC:AB SR95.61 SAR -0.11

SABIC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BASF SE €92.47 EUR +0.69
Bayer AG €138.12 EUR +1.61
EI du Pont de Nemours & Co $70.98 USD -1.86
LyondellBasell Industries NV $96.40 USD +0.05
Reliance Industries Ltd 876.45 INR -9.20
View Industry Companies
 

Industry Analysis

SABIC

Industry Average

Valuation SABIC Industry Range
Price/Earnings 13.8x
Price/Sales 1.6x
Price/Book 1.7x
Price/Cash Flow 13.6x
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAUDI BASIC INDUSTRIES CORP, please visit www.sabic.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.