Annuncio • 16h
Natural Gas Distribution Company, Annual General Meeting, Jun 22, 2026 Natural Gas Distribution Company, Annual General Meeting, Jun 22, 2026, at 20:00 Arab Standard Time. Location: riyadh Saudi Arabia Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ر.س27.00, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 15x in the Gas Utilities industry in Asia. Total loss to shareholders of 46% over the past three years. Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: ر.س1.53 (vs ر.س0.75 in FY 2024) Full year 2025 results: EPS: ر.س1.53 (up from ر.س0.75 in FY 2024). Revenue: ر.س149.0m (up 36% from FY 2024). Net income: ر.س7.64m (up 103% from FY 2024). Profit margin: 5.1% (up from 3.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Mar 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (ر.س117.4m market cap, or US$31.3m). Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ر.س26.30, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 14x in the Gas Utilities industry in Asia. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س41.00, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 14x in the Gas Utilities industry in Asia. Total loss to shareholders of 26% over the past three years. Reported Earnings • Sep 06
First half 2025 earnings released: EPS: ر.س0.45 (vs ر.س0.30 in 1H 2024) First half 2025 results: EPS: ر.س0.45 (up from ر.س0.30 in 1H 2024). Revenue: ر.س75.3m (up 39% from 1H 2024). Net income: ر.س2.25m (up 51% from 1H 2024). Profit margin: 3.0% (up from 2.7% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ر.س33.50, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 14x in the Gas Utilities industry in Asia. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ر.س46.60, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 13x in the Gas Utilities industry in Asia. Total loss to shareholders of 25% over the past three years. Annuncio • Jun 20
Natural Gas Distribution Co. Approves Distribution of Cash Dividend for the Year 2024, Payable on July 7, 2025 Natural Gas Distribution Company at its Ordinary General Assembly Meeting held on June 18, 2025, the Board of Directors' recommendation to distribute cash dividends to shareholders for the year 2024, amounting to SAR 2,500,000, at SAR 0.50 per share, representing 5% of the company's capital of SAR 50,000,000, was approved. Shareholders who own shares at the end of trading on the day of the General Assembly and are registered in the company's shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date, are eligible for dividend distribution within 15 business days from the due date. This means that dividends will be distributed on July 7, 2025. Upcoming Dividend • Jun 15
Upcoming dividend of ر.س0.50 per share Eligible shareholders must have bought the stock before 19 June 2025. Payment date: 07 July 2025. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Saudi dividend payers (5.4%). Lower than average of industry peers (3.9%). Declared Dividend • May 31
Dividend of ر.س0.50 announced Dividend of ر.س0.50 is the same as last year. Ex-date: 19th June 2025 Payment date: 7th July 2025 Dividend yield will be 1.2%, which is lower than the industry average of 4.4%. Payout Ratios Payout ratio: 69%. Cash payout ratio: 37%. Annuncio • May 29
Natural Gas Distribution Company, Annual General Meeting, Jun 18, 2025 Natural Gas Distribution Company, Annual General Meeting, Jun 18, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Mar 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.2% average weekly change). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (ر.س265.0m market cap, or US$70.7m). New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (ر.س233.8m market cap, or US$62.3m). New Risk • Mar 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (ر.س214.0m market cap, or US$57.1m). Annuncio • Feb 13
Natural Gas Distribution Company Announces Management Changes Natural Gas Distribution Company announced that with reference to the Ordinary General Assembly meeting held on 07-24-1445, corresponding to 02-05-204 AD, in which the members of the Board of Directors of the Natural Gas Distribution Company were elected for its new session, which begins on 02-05-2024 AD and for a period of three years ending on 02-04. -2027AD The Natural Gas Distribution Company announces the decision of the Board of Directors at its first meeting on 02-08-2024AD to appoint the Chairman of the Board of Directors and Vice-Chairman of the Board of Directors, form committees, and appoint the Secretary of the Board as follows: Appointment of Mr. Abdul Rahman bin Abdulaziz bin Sulaiman (Chairman of the Board of Directors), Appointment of Mr. Abdul Latif bin Omar Al Abdul Latif (Vice Chairman of the Board of Directors), Appointment of Ms. Rania Al-Jabr (Secretary of the Board of Directors), Second: Formation of the audit committee from the following members: His Excellency Mr. Raed Nasser Al-Haidari (Chairman of the Audit Committee), Mr. Raed holds a Bachelor's degree in Mechanical Engineering from King Saud University and two Master-s degrees in Business Administration and an Executive Master in Business Administration. He has 17 years of experience in the field of gas and various departments at GASCO, and he currently works as Deputy Director of Operations at GASCO. His Excellency Mr. Walid bin Mohammed Al-Bassam (Member of the Audit Committee) Professor Walid holds a Bachelor's degree in Accounting from King Saud University, as well as a Master-s degree in Accounting from King Saud University. In addition, Professor Walid holds a Doctorate in Accounting and Governance from the University of Glasgow, Britain. He has more than 25 years of experience in the field of accounting and currently works as head of financial management at the Saudi Ceramic Company. His Excellency Mr. Abdulaziz Al-Suwaidan (Member of the Audit Committee) Mr. Abdulaziz Al-Suwaidan holds a Bachelor's degree in Marketing from King Saud University, in addition to a diploma in Computer Network Technology. He currently works as the Head of the Financial Sector and Information Technology at the Medina Cement Company. He has 16 years of experience in the financial and governance sectors, moreover. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ر.س40.10, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 15x in the Gas Utilities industry in Asia. Total loss to shareholders of 32% over the past year. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: ر.س0.66 (vs ر.س0.50 in FY 2021) Full year 2022 results: EPS: ر.س0.66 (up from ر.س0.50 in FY 2021). Revenue: ر.س91.0m (up 1.6% from FY 2021). Net income: ر.س3.29m (up 33% from FY 2021). Profit margin: 3.6% (up from 2.8% in FY 2021). Reported Earnings • Sep 22
First half 2022 earnings released: EPS: ر.س0.19 (vs ر.س0.13 in 1H 2021) First half 2022 results: EPS: ر.س0.19 (up from ر.س0.13 in 1H 2021). Revenue: ر.س43.2m (up 93% from 1H 2021). Net income: ر.س930.3k (up 51% from 1H 2021). Profit margin: 2.2% (down from 2.7% in 1H 2021). The decrease in margin was driven by higher expenses. Annuncio • Jun 10
Natural Gas Distribution Company Approves Cash Dividend for the Year 2021 Natural Gas Distribution Company announced that at the June 8, 2022 approved to distribute cash dividends to shareholders for the year 2021, amounting to SAR 2,500,000 at SAR 0.50 per share, at a rate of 5% of the company’s capital of SAR 50,000,000. Provided that the eligibility is for the shareholders who own shares at the end of trading on the day of the general assembly meeting and who are registered in the company’s shareholders register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date, provided that the dividend distribution date will be announced later. Dividends will be distributed as of June 22, 2022. Annuncio • Mar 28
Natural Gas Distribution Co. Announces the Distribution of Cash Dividend for 2021 The Natural Gas Distribution Company announced the Board of Directors' recommendation to distribute cash dividends of SAR 0.5 per share to shareholders for the year 2021.