Saudi Steel Pipe Company logo

Saudi Steel Pipe Company (1320)

Market Closed
11 Jun, 12:00
XSAU XSAU
56. 85
+2.05
+3.7409%
3.43B Market Cap
- P/E Ratio
2.96% Div Yield
729,952 Volume
- Eps
54.8
Previous Close
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Day Range
55 57.5
Year Range
35.8 60
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Summary

1320 closed yesterday higher at ﷼56.85, an increase of 3.7409% from Wednesday's close, completing a monthly decrease of -2.6541% or -﷼1.55. Over the past 12 months, 1320 stock gained 52.8226%.
1320 pays dividends to its shareholders, with the most recent payment made on Jul 30, 2015. The next announced payment will be in In 3 weeks on Jul 07, 2026 for a total of ﷼0.75.
The last earnings report, released on Apr 29, 2026, exceeded the consensus estimates by 0%. On average, the company has surpassed earnings expectations by 0%, based on the last three reports.
The stock of the company had never split.
The company's stock is traded on one exchange.

1320 Chart

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Saudi Steel Pipe Company (1320) FAQ

What is the stock price today?

The current price is ﷼56.85.

On which exchange is it traded?

Saudi Steel Pipe Company is listed on XSAU.

What is its stock symbol?

The ticker symbol is 1320.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 2.96%.

What is its market cap?

As of today, the market cap is 3.43B.

Has Saudi Steel Pipe Company ever had a stock split?

No, there has never been a stock split.

Saudi Steel Pipe Company Profile

Metals & Mining Industry
Materials Sector
- CEO
XSAU Exchange
SA12B050KK11 ISIN
Saudi Arabia Country
- Employees
28 Jun 2026 Last Dividend
- Last Split
- IPO Date

Overview

The Saudi Steel Pipes Company is a renowned entity engaged in the manufacturing and sales of steel pipes both within the Kingdom of Saudi Arabia and internationally. The conglomerate has segmented its operations into two primary divisions: Steel Pipe and Process Equipment. The company has established a significant presence in various sectors, including oil and gas, water, industrial, and construction, underpinned by its expansive portfolio of welded steel pipes produced through high-frequency induction welding. Founded in 1980, the corporation is headquartered in Dammam, showcasing a steadfast commitment to innovation and excellence in the realm of steel pipe manufacturing and process equipment provisioning.

Products and Services

The Saudi Steel Pipes Company offers a wide array of products and services catering to diverse needs across multiple industries:

  • ERW/HFI Galvanized and Threaded Steel Pipes

    These are manufactured using electric resistance welding/high-frequency induction processes, subsequently galvanized or threaded to enhance their durability and functional performance, primarily servicing the oil and gas sector.

  • Seamless Pipes

    Offering unparalleled quality, these pipes are designed to meet the rigorous demands of various applications, including but not limited to, oil and gas extraction and distribution.

  • Pipes with Three-layer External Coating

    Featuring a three-layer coating system that incorporates polyethylene, polypropylene, and epoxy materials, these pipes provide robust protection against corrosive environments, thereby extending their utility lifespan.

  • Bended Pipes

    Catering to specific engineering and architectural needs, the company produces bended pipes in various diameters, ensuring high precision and reliability for construction and industrial applications.

  • Submerged Arc Welded Pipes

    These pipes are produced using the submerged arc welding technique, suited for applications requiring high-quality, longitudinally welded pipes for the transportation of water, oil, and gas.

  • Process Equipment Design and Manufacturing

    The Process Equipment segment underscores Saudi Steel Pipes Company's capability in designing, manufacturing, assembling, and maintaining heavy process equipment. This equipment serves critical roles in oil and gas, power generation, desalination, mining, solar energy, and offshore plant operations, highlighting the company’s diversified industrial reach.

  • Wholesale of Construction and Metal Materials

    Expanding its service offering, the company is also engaged in the wholesale of pipes, tubes, and hollow shapes made from both ferrous and non-ferrous metals. Moreover, it provides metal accessories like locks, hinges, and hand tools, catering to a broad spectrum of construction and industrial needs.

Contact Information

Address: 39th St. Second Industrial City
Phone: 966 13 812 2222