Company
Saudi Electricity Company
Headquarters: Riyadh, Saudi Arabia
Market Cap
SR96.58 Billion
SAR as of Jan. 1, 2023
US$25.68 Billion
Saudi Electricity Company Categories
Saudi Arabia
languages
Utilities
languages
Utilities—Regulated Electric
Saudi Arabia Utilities
Saudi Arabia Utilities—Regulated Electric
Top Competitors by Market Capitalization
Industry: Utilities—Regulated Electric
| Company | Market Cap (USD) |
|---|---|
NextEra Energy
|
$166.13 B |
|
Duke Energy Corporation
|
$79.86 B |
|
The Southern Company
|
$77.74 B |
|
American Electric Power Company, Inc.
|
$48.72 B |
|
Xcel Energy Inc.
|
$38.37 B |
Sector: Utilities
| Company | Market Cap (USD) |
|---|---|
|
NextEra Energy
|
$166.13 B |
|
Duke Energy Corporation
|
$79.86 B |
|
The Southern Company
|
$77.74 B |
Iberdrola, SA
|
$72.42 B |
China Yangtze Power Co. Ltd
|
$68.73 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.
Stocks & Indices
Saudi Electricity Company has the following listings and related stock indices.
Stock: Tadawul: 5110