|Bid||25.92 x 45400|
|Ask||26.39 x 90400|
|Day's range||25.92 - 26.32|
|52-week range||19.25 - 38.67|
|PE ratio (TTM)||16.91|
|Earnings date||27 Feb 2018|
|Forward dividend & yield||1.33 (4.94%)|
|1y target est||25.10|
DAMMAM, Saudi Arabia (Reuters) - Saudi Aramco signed on Wednesday agreements with foreign and local companies worth at least 39 billion riyals (8 billion pounds). The bulk of the memorandum ...
Saudi Aramco signed agreements on Thursday worth $4.5 billion (3.42 billion pounds) with firms from Europe, the United States, China and the United Arab Emirates for work on a range of oil and gas development projects, mostly aimed at boosting gas production. Saudi Aramco is pushing ahead with energy projects that it has listed as a priority to keep the world well supplied with oil while meeting increased domestic demand for gas to fuel industrial growth. By freeing up more oil for export, gas projects will increase supplies to energy utilities and as feedstock for the petrochemical industry.
Contracts awarded to build economic projects in the Gulf's rich Arab oil exporting states slumped in the first half of this year but are expected to pick up in the second half, a data service tracking the industry said on Saturday (Shenzhen: 002291.SZ - news) . Awards in the six-nation Gulf Cooperation Council dropped to $56.1 billion in the January-June period from $69.3 billion a year earlier, according to MEED Projects. Low oil prices have forced governments in the region into tough austerity policies.