Saudi Arabian Oil Future Growth
Future criteria checks 1/6
Saudi Arabian Oil's revenue is forecast to decline at 5.2% per annum while its annual earnings are expected to grow at 0.8% per year. EPS is expected to grow by 1% per annum. Return on equity is forecast to be 24.1% in 3 years.
Key information
0.8%
Earnings growth rate
1.0%
EPS growth rate
| Oil and Gas earnings growth | 2.5% |
| Revenue growth rate | -5.2% |
| Future return on equity | 24.1% |
| Analyst coverage | Good |
| Last updated | 17 Dec 2024 |
Recent future growth updates
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 12%
Nov 07
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 6.8%
Aug 09Saudi Arabian Oil Company (TADAWUL:2222) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 10Analysts Are Updating Their Saudi Arabian Oil Company (TADAWUL:2222) Estimates After Its Yearly Results
Mar 14Recent updates
Earnings Working Against Saudi Arabian Oil Company's (TADAWUL:2222) Share Price
Dec 09Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 12%
Nov 07Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 6.8%
Aug 09Saudi Arabian Oil Company (TADAWUL:2222) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 10Saudi Arabian Oil Company's (TADAWUL:2222) Shares Lagging The Market But So Is The Business
May 06Analysts Are Updating Their Saudi Arabian Oil Company (TADAWUL:2222) Estimates After Its Yearly Results
Mar 14Saudi Arabian Oil Company (TADAWUL:2222) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,599,358 | 415,956 | 347,904 | 538,175 | 12 |
| 12/31/2025 | 1,651,288 | 413,495 | 302,952 | 530,106 | 15 |
| 12/31/2024 | 1,779,491 | 402,942 | 313,852 | 496,842 | 15 |
| 9/30/2024 | 1,832,370 | 410,002 | 339,448 | 520,071 | N/A |
| 6/30/2024 | 1,856,680 | 435,915 | 333,263 | 505,647 | N/A |
| 3/31/2024 | 1,834,387 | 438,638 | 349,004 | 515,136 | N/A |
| 12/31/2023 | 1,856,373 | 452,753 | 379,506 | 537,814 | N/A |
| 9/30/2023 | 1,884,254 | 475,226 | 422,683 | 579,811 | N/A |
| 6/30/2023 | 2,009,254 | 507,760 | 515,020 | 664,689 | N/A |
| 3/31/2023 | 2,209,309 | 572,674 | 557,985 | 703,508 | N/A |
| 12/31/2022 | 2,266,373 | 597,215 | 556,991 | 698,152 | N/A |
| 9/30/2022 | 2,225,474 | 588,514 | 555,286 | 685,062 | N/A |
| 6/30/2022 | 2,016,921 | 541,518 | 494,407 | 618,754 | N/A |
| 3/31/2022 | 1,718,498 | 458,625 | 449,263 | 566,593 | N/A |
| 12/31/2021 | 1,501,758 | 395,203 | 402,956 | 522,601 | N/A |
| 9/30/2021 | 1,299,287 | 330,310 | 319,459 | 432,675 | N/A |
| 6/30/2021 | 1,122,499 | 265,516 | 258,268 | 366,952 | N/A |
| 3/31/2021 | 911,903 | 199,984 | 196,489 | 300,529 | N/A |
| 12/31/2020 | 862,091 | 184,926 | 184,267 | 285,297 | N/A |
| 9/30/2020 | 930,491 | 208,191 | 199,683 | 313,056 | N/A |
| 6/30/2020 | 1,006,543 | 243,701 | 230,426 | 350,217 | N/A |
| 3/31/2020 | 1,189,496 | 311,122 | 284,847 | 408,569 | N/A |
| 12/31/2019 | 1,236,785 | 330,816 | 293,647 | 416,529 | N/A |
| 9/30/2019 | 1,279,444 | 360,265 | 320,035 | 442,720 | N/A |
| 6/30/2019 | 1,338,172 | 393,852 | 330,889 | 455,177 | N/A |
| 3/31/2019 | 1,330,258 | 400,242 | 320,326 | 448,122 | N/A |
| 12/31/2018 | 1,347,017 | 416,196 | 321,935 | 453,701 | N/A |
| 12/31/2017 | 986,159 | 283,198 | N/A | 333,607 | N/A |
| 12/31/2016 | 504,596 | 48,349 | N/A | 109,411 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2222's forecast earnings growth (0.8% per year) is below the savings rate (14.7%).
Earnings vs Market: 2222's earnings (0.8% per year) are forecast to grow slower than the SA market (6% per year).
High Growth Earnings: 2222's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2222's revenue is expected to decline over the next 3 years (-5.2% per year).
High Growth Revenue: 2222's revenue is forecast to decline over the next 3 years (-5.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2222's Return on Equity is forecast to be high in 3 years time (24.1%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 20:49 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Saudi Arabian Oil Company is covered by 28 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Madhu Appissa | Al Rajhi Capital |
| Mazen Al-Sudairi | Al Rajhi Capital |