Company
Saudi Electricity Company
Headquarters: Riyadh, Saudi Arabia
Market Cap
SR67.25 Billion
SAR as of July 1, 2024
US$17.92 Billion
Saudi Electricity Company Categories
Saudi Arabia Utilities Utilities—Regulated ElectricSaudi Arabia Utilities Saudi Arabia Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| The Southern Company | $84.98 B |
| Duke Energy Corporation | $77.61 B |
| American Electric Power Company, Inc. | $46.31 B |
| PG&E Corporation | $44.66 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
Detailed Description
Saudi Electricity Company engages in the generation, transmission, and distribution of electricity to governmental, industrial, agricultural, commercial, and residential consumers in the Kingdom of Saudi Arabia. It also establishes, leases, manages, and operates electric and fiber optic networks to provide telecommunication services; and offers support services in relation to the issuance of bonds and sukuk, as well as engages in the financing activities. In addition, the company manages construction projects; sets detailed designs; purchases materials; implements projects in the power sector; and provides communications, data transmission, and information technology services to individuals, public, and private institutions. It serves approximately 10.1 million customers. The company was incorporated in 2000 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Top 1-year algo backtest: +265.99%
$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.
Use AI to boost your investing & swing trading, now!
Try Disfold DeepFinance FREE
Stocks & Indices
Saudi Electricity Company has the following listings and related stock indices.
Stock: Tadawul: 5110 wb_incandescent