MarketScreener reported, citing MT Newswires, that research firm AlphaMena kept its rating on SABIC unchanged on 10 November 2026. The page also carried a profile of Saudi Basic Industries Corporation, describing its chemicals, agri-nutrients and metals segments.
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WaZii translationSABIC opens applications for 2026 cooperative training program
SABIC opened applications for its 2026 cooperative training program for university and college students at its sites in Riyadh, Jubail and Yanbu. Applications continue until Sunday 15 November 2026, and require that training be a graduation requirement and a cumulative GPA of at least 2.50 out of 4 or 3.50 out of 5, with nomination from the applicant's university or college.
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WaZii translationSABIC Q3 2026 net profit rises 16.3% to 499 million riyals
SABIC reported third-quarter 2026 net profit attributable to parent shareholders of about 499 million riyals, up 16.3% from 434 million riyals in the same quarter of 2025. Revenue reached 28.17 billion riyals, up about 14% from 24.81 billion riyals in the second quarter, while adjusted EBITDA rose 40% quarter on quarter to 4.75 billion riyals. The profit came in above the analysts' average estimate of about 238 million riyals, even as revenue fell 3.1% year on year and operating profit declined about 9.6%.
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WaZii translationSABIC Q3 profit rises about 16% as it returns to profitability
SABIC's profit attributable to shareholders rose to 499 million riyals in the third quarter of 2026 from 434 million riyals a year earlier, an increase of about 16%, after a loss of 833 million riyals in the second quarter. Revenue rose 14% quarter on quarter to 28.17 billion riyals but fell 3.1% year on year from 29.08 billion riyals, as sold volumes rose 30% from the previous quarter while average selling prices fell about 13%. Adjusted EBITDA reached 4.75 billion riyals, up 40% from the previous quarter, with a margin of 16.9%.
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WaZii translationSABIC shares jump 7.21% after third-quarter results
SABIC shares rose 7.21% in the 26 October 2026 session to close at 46.10 riyals, compared with a previous close of 43 riyals, after opening at 43.50 riyals and reaching a high of 46.20 riyals. Trading volume was about 3.42 million shares with a total value of nearly 154.43 million riyals, and the stock remained down 11.77% over three months and 21.06% over six months. The article linked the move to third-quarter revenue of 28.17 billion riyals, up 14% from the previous quarter, and adjusted EBITDA of 4.75 billion riyals, up 40% quarter on quarter with a margin of about 17%.
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WaZii translationSABIC CEO: polymer shipments to west coast ports up over 230%, volumes at 80% of pre-crisis
CEO Faisal Al-Faqeer said SABIC raised polymer volumes shipped from Jubail to west coast ports by more than 230% compared with pre-crisis levels and increased ship loadings by 38% from the previous quarter, restoring total sales volumes to about 80% of pre-crisis levels. He said the company exported its first urea shipment for SABIC Agri-Nutrients through NEOM port in the third quarter, adding an export outlet alongside routes via Yanbu, Rabigh and Jeddah. Third-quarter net profit attributable to shareholders was 500 million riyals versus 430 million riyals a year earlier, while operating profit fell 9.6% to 2.06 billion riyals.
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WaZii translationSABIC announces preliminary nine-month 2026 financial results
SABIC announced its preliminary financial results for the nine months ended 30 September 2026. Third-quarter sales were 28.17 billion riyals, down 3.129% from 29.08 billion riyals a year earlier and up 13.542% from 24.81 billion riyals in the previous quarter. Third-quarter net profit attributable to shareholders was 0.5 billion riyals versus 0.43 billion riyals in the same period last year, while nine-month sales fell 10.658% to 79.13 billion riyals.
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WaZii translationSABIC CEO cites exceptional resilience in Q3, outlines new ammonia and methanol projects
SABIC CEO Faisal bin Mohammed Al-Faqir said the company achieved exceptional resilience in its third-quarter 2026 performance despite geopolitical developments and market challenges, with a recorded incident rate of 0.06. He said SABIC took a final investment decision to build a new ammonia and urea complex in the Kingdom with capacity of 1.2 million metric tons of ammonia and 2.6 million metric tons of urea annually, raising urea capacity by 54%, and that the Ministry of Energy approved feedstock allocation for a new methanol plant in Jubail with capacity of 1.8 million metric tons annually. He added that the sale of the engineering thermoplastics business in the Americas and Europe was completed for 450 million dollars, and that 3.56 billion riyals (0.95 billion dollars) of the 11.3 billion riyals targeted for 2030 had been achieved as a positive and sustainable impact on earnings before interest, taxes, depreciation and amortization.
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WaZii translationSABIC returns to profit in Q3 2026 with net income of 499 million riyals
SABIC recorded a net profit of 133 million dollars (499 million riyals) in the third quarter of 2026, compared with 116 million dollars (434 million riyals) in the same period last year. Revenue rose to 7.51 billion dollars (28.17 billion riyals), up 13.5 percent from the second quarter but down 3.1 percent year on year from 7.75 billion dollars (29.08 billion riyals). Adjusted earnings before interest, taxes, depreciation and amortisation rose 40 percent to about 1.27 billion dollars (4.75 billion riyals), from 901 million dollars (3.38 billion riyals).
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WaZii translationSABIC CEO: exceptional resilience in Q3 2026 despite geopolitical and market challenges
SABIC's CEO Faisal Al-Faqeer said the company achieved exceptional resilience in its performance in the third quarter of 2026 despite geopolitical developments in the region and market challenges. He cited the investment decision for a new ammonia and urea complex in the Kingdom with capacity of 1.2 million metric tons of ammonia and 2.6 million metric tons of urea annually, raising urea capacity by 54% versus current production. The Ministry of Energy approved feedstock allocation for a new methanol plant in Jubail with capacity of 1.8 million metric tons annually, and the transformation programme has delivered 3.56 billion riyals (0.95 billion dollars) of the 11.3 billion riyal (3 billion dollar) 2030 target. According to Argaam data, SABIC's losses narrowed to 320 million riyals in the first nine months of 2026 from 4.84 billion riyals a year earlier, with third-quarter profit of 499 million riyals.
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WaZii translationFitch affirms SABIC rating at A+ with stable outlook
Fitch affirmed SABIC's long-term rating at A+ with a stable outlook, the same level as parent company Saudi Aramco. The agency expects SABIC's EBITDA to fall 22% in 2026 to about 13 billion riyals before rising gradually to 22 billion riyals by 2029, and said SABIC's shipments fell 33% quarter on quarter in the second quarter of 2026 because of disruption at the Strait of Hormuz. Fitch also forecast capital expenditure of 10 billion riyals in 2026 and about 13 billion riyals annually from 2027.
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WaZii translationSABIC shares close at 45.24 riyals near 52-week low; analysts' average target 56.77 riyals
SABIC shares (2010) ended trading at 45.24 riyals, down 1.05%, within a 52-week range of 44 to 62.50 riyals, and the stock is 22.6% lower over the year, according to UA Finance. The article cites an average analyst target price of 56.77 riyals ahead of results scheduled for 2 November 2026, and a 14-day RSI of 28.01. It also reports market value of about 135.7 billion riyals, revenue of about 108 billion riyals and a trailing-twelve-month net loss of about 1.002 billion riyals.
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