06-27-2024, 12:13 AM
Information about Petro Rabigh
Petro Rabigh Company, whose shares are traded on the Saudi Stock Exchange, is one of the largest companies working in the field of petroleum and petroleum. It is located on the Red Sea in the Kingdom of Saudi Arabia. It is a project based on a partnership between Saudi Aramco and the Japanese company Sumitomo. With the introduction of Petro Rabigh, the project capital is valued at $2.33 billion. The company's shares were first offered for subscription in 2008.
بترو رابغ تداول
Petro Rabigh’s stock recorded a price of 34.60 Saudi riyals, and the company is listed under number 2380, and that was in the year 2021. This rise was after the decline that the stock achieved in its price, reaching 10 Saudi riyals in 2020. Accordingly, there are expectations that Petro Rabigh’s stock will continue to rise, as it targets Saudi Arabia and its price reaches more than 40 riyals. The highest levels for buying the stock are at the support levels of 16.85 and 15.18 Saudi riyals.
Therefore, expectations of an increase in the share price are high due to the rise achieved by the share in addition to the significant increase in the trading rate of the share. Partnerships were also concluded with the largest companies, which increased the company’s production and improved its production with the support of Aramco and Sumitomo Chemical Kobani.
The company specializes in oil refining and petrochemicals and was able to achieve profits of 1,588 million riyals by the end of last September. Last year, it incurred losses amounting to 3,842 million riyals. The profit came from a significant improvement in profit as a result of the gradual recovery of the global economy, so it is... One of the best speculative stocks.
The previous numbers of profits achieved by the company indicate that subscribing to the company's shares is not a risk, but rather a good thing through which more profits can be achieved because its shares are recording a gradual increase.
Petro Rabigh Company, whose shares are traded on the Saudi Stock Exchange, is one of the largest companies working in the field of petroleum and petroleum. It is located on the Red Sea in the Kingdom of Saudi Arabia. It is a project based on a partnership between Saudi Aramco and the Japanese company Sumitomo. With the introduction of Petro Rabigh, the project capital is valued at $2.33 billion. The company's shares were first offered for subscription in 2008.
بترو رابغ تداول
Petro Rabigh’s stock recorded a price of 34.60 Saudi riyals, and the company is listed under number 2380, and that was in the year 2021. This rise was after the decline that the stock achieved in its price, reaching 10 Saudi riyals in 2020. Accordingly, there are expectations that Petro Rabigh’s stock will continue to rise, as it targets Saudi Arabia and its price reaches more than 40 riyals. The highest levels for buying the stock are at the support levels of 16.85 and 15.18 Saudi riyals.
Therefore, expectations of an increase in the share price are high due to the rise achieved by the share in addition to the significant increase in the trading rate of the share. Partnerships were also concluded with the largest companies, which increased the company’s production and improved its production with the support of Aramco and Sumitomo Chemical Kobani.
The company specializes in oil refining and petrochemicals and was able to achieve profits of 1,588 million riyals by the end of last September. Last year, it incurred losses amounting to 3,842 million riyals. The profit came from a significant improvement in profit as a result of the gradual recovery of the global economy, so it is... One of the best speculative stocks.
The previous numbers of profits achieved by the company indicate that subscribing to the company's shares is not a risk, but rather a good thing through which more profits can be achieved because its shares are recording a gradual increase.