Earnings Alerts

Rabigh Refining And Petrochemical Company (PETROR) Earnings: 2Q Sees 1.37 Billion Riyals Loss Amid Market Challenges

  • PetroRabigh reported a significant financial loss for the second quarter amounting to 1.37 billion riyals.
  • The company’s operating loss for the same period was 1.10 billion riyals.
  • There were no buy or hold recommendations for PetroRabigh’s stock.
  • Market analysts issued one sell recommendation for the company’s stock.

A look at Rabigh Refining And Petrochemical Company Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts reviewing the Smartkarma Smart Scores for Rabigh Refining And Petrochemical Company highlight a positive long-term outlook for the company. With a top score in the Value category, the company is perceived as having strong fundamentals. However, the lower scores in Dividend, Growth, Resilience, and Momentum indicate areas where Rabigh Refining And Petrochemical Company may need to focus on improving its performance to enhance its overall standing in the market. Considering its integrated operations in oil and petrochemical refining, Rabigh Refining And Petrochemical Company holds promise for investors seeking value-driven opportunities in the energy sector.

Despite mixed scores in other areas, the company’s top score in Value reflects its solid foundation in the industry. Rabigh Refining And Petrochemical Company‘s strategic focus on refining operations positions it well for long-term success. Investors looking for stability and potential growth in the oil and petrochemicals sector may find Rabigh Refining And Petrochemical Company a compelling prospect, especially given its established presence as an integrated refining entity.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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