Saudi Energy Co.
"Sector" = median of Utilities across 36 companies
About Saudi Energy Co.
AI-generatedSaudi Electricity Company (SEC), listed on the Saudi Stock Exchange (Tadawul) under ticker 5110, is the dominant utility in Saudi Arabia, responsible for the generation, transmission, and distribution of electricity across the kingdom. As a regulated monopoly, SEC serves virtually all residential, commercial, industrial, and governmental customers in Saudi Arabia, making it a critical infrastructure provider. The company operates under a concession from the Saudi government, which also holds a majority stake, ensuring stable demand and regulatory support.
SEC's revenue is derived primarily from electricity sales to end-users, with tariffs set by the government. The company also earns income from connection fees and other utility services. Its cost structure is heavily influenced by fuel costs (natural gas and crude oil) and capital expenditures for grid expansion and maintenance. Despite high debt levels (207.63B SAR), SEC generates substantial EBITDA (e.g., 12.82B SAR in Q3 2025), supported by regulated returns. The recent 89.32% earnings growth reflects tariff adjustments and operational efficiencies.
The utilities sector in Saudi Arabia is characterized by state ownership and regulation, with SEC holding a near-monopoly position. It competes indirectly with alternative energy sources like solar and with private sector participation in generation through independent power projects (IPPs). SEC's competitive advantage lies in its integrated infrastructure and government backing, though it faces challenges from rising fuel costs and the need for massive capital investment to meet growing demand and Vision 2030 goals.
SEC's primary customers are all electricity consumers in Saudi Arabia, including households, businesses, and government entities. The company's geographic market is exclusively the Kingdom of Saudi Arabia, where it operates under a license from the Ministry of Energy. As the sole electricity distributor, SEC's customer base is captive and growing with population and economic expansion. The company also serves large industrial clients, such as petrochemical and desalination plants, which contribute significantly to revenue.
An auto-generated descriptive profile based on company data, for informational purposes only.
Saudi Energy Co. (5110) shares closed at 17.62 SAR, down 0.06% in the past 24 hours. The company recently released its Q1 2026 consolidated financial results, showing a net profit of 1.2 billion SAR, a 15% increase year-over-year, driven by higher revenues from power generation and energy services. Additionally, Mitsubishi Power secured a contract for a dual-fuel boiler project in Saudi Arabia, which may involve Saudi Energy as a partner or supplier, though details remain unconfirmed. The stock's slight decline reflects profit-taking after the positive earnings announcement.
- •Saudi Energy released Q1 2026 consolidated financial results with net profit up 15% YoY to 1.2 billion SAR.
- •Mitsubishi Power wins contract for Saudi dual-fuel boiler project, potential involvement with Saudi Energy.
- •Stock price declined 0.06% in the past 24 hours, likely profit-taking after earnings.
Financial highlights
Latest saved period: March 2026 · 2026-03-31
Dividend history
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| May 14, 2025 | 0.70 SAR | — | — |
| May 15, 2024 | 0.70 SAR | — | — |
| May 10, 2023 | 0.70 SAR | — | — |
| May 18, 2022 | 0.70 SAR | — | — |
| Apr 28, 2021 | 0.70 SAR | — | — |
| Jun 3, 2020 | 0.70 SAR | — | — |
| May 1, 2019 | 0.70 SAR | — | — |
| Jun 26, 2018 | 0.70 SAR | — | — |
| May 16, 2018 | 0.70 SAR | — | — |
| Apr 20, 2017 | 0.70 SAR | — | — |
| Apr 26, 2016 | 0.70 SAR | — | — |
| Apr 21, 2015 | 0.70 SAR | — | — |
| Apr 16, 2014 | 0.70 SAR | — | — |
| Apr 16, 2013 | 0.70 SAR | — | — |
| Apr 3, 2012 | 0.70 SAR | — | — |
| Apr 5, 2011 | 0.70 SAR | — | — |
Revenue
↓ 24.6%Net Income
↓ 73.4%Free Cash Flow
↓ 196.6%Diluted EPS
↓ 108.8%Saudi Energy Co. (5110) analysis
Wrqti brings Saudi Energy Co. data into one page covering available price, financial statements, valuation ratios, margins, cash-flow metrics, news, and alerts. This page helps you understand the numbers and is not a buy or sell recommendation.
Stocks related to Saudi Energy Co.
Companies in the Utilities sector you can compare with Saudi Energy Co.: