Saudi Electricity Co

Overview

Saudi Electricity Co (SEC) is an energy utility. Through its subsidiaries, the company generates, transmits and distributes electricity; and carries out operations of the fiber optic networks, trading and realization of renewable energy among others. It produces electricity in gas, combined, steam and diesel power units. SEC also builds independent power plants on a build, own and operate basis. The company distributes electricity customers in cities, villages and communities across Central, Eastern, Western and Southern sectors. It is owned by Public Investment Fund, Saudi Arabian Oil Company, and other shareholders. SEC is headquartered in Riyadh, Saudi Arabia.
Key Stats
Address
Oasis Granada Tower A, , P.O.Box 22955, Riyadh, Saudi Arabia
Headquarters

Saudi Arabia

Contact

966 1 18077202

Website
www.se.com.sa
No of Employees

33,437

Industry

Power

Ticker Symbol & Exchange​

5110 [SASE]

Revenue (2020)

$18,323 m

5.6% (2020 vs 2019)
Net Income (2020)

$807 m

118% (2020 vs 2019)
Net Profit Margin

4 %

106.6% (2020 vs 2019)
Market Cap *

$30,553 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Saudi Electricity CoSaudi Industrial Services Co
Key Information
Headquarters Saudi Arabia Saudi Arabia
Headquarter City Riyadh JEDDAH
Headquarter State/Province - -
No. of Employees 33,437 -
Entity Type Public Public

Products & Services

SEC is an energy utility. Its key products and services include the following:

Products
  • Product:
  • Electricity
Services
  • Transmission and Distribution of Electricity
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
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History

Year Event Description
2020 Contracts/Agreements In December, the company and Japan Bank for International Cooperation entered into a memorandum of…
2019 Contracts/Agreements In January, Taqnia Energy established a joint venture with the company and King Abdulaziz City…
2019 Contracts/Agreements In October, the company entered into agreement with Ministry of Energy; the Local Content and…
2019 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2017 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Dhuruma Electricity Co

Address

Office Suite No. 1, Mezzanine Floor, 773 Olaya Street, P.O. Box 1551, Riyadh
Saudi Arabia

Telephone

966 12030776

Al-Mourjan for Electricity Production Co

Address

P.O. Box 399, Rabigh 21911
Saudi Arabia

Telephone

966 122900890

Website

www.almourjan.com.sa

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
08 Apr 2021 Ajeej Steel Manufacturing Acquires Fuel Powered Electricity Generation Plant in Saudi Arabia from Saudi Electricity for USD2.6 Million Asset Transaction Ajeej Steel Manufacturing Co. Ltd. Saudi Electricity Co
10 Sep 2020 Saudi Electricity Raises USD650 Million in Private Placement of 1.74% Bonds Due 2025 Debt Offering Saudi Electricity Co
10 Sep 2020 Saudi Electricity Raises USD650 Million in Private Placement of 2.413% Bonds Due 2030 Debt Offering Saudi Electricity Co
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21 Sep 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
21 Sep 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

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Active Jobs

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Latest Jobs

Job title Company Country
Organization Development Analyst Saudi Electricity Co Norway
Legal Investigator Saudi Electricity Co Saudi Arabia
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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