The shares of the natural gas distribution “gas” listed and traded in the parallel Saudi market “growth” by 9.27% increased at the end of the session today, to close at 61.3 riyals, and a difference of 5.25 riyals.
The stock has achieved its largest daily gains since the beginning of this year 2025, while the largest previous daily gain was on December 31, 2024, at 6 riyals per share.
The trading on a gas share came at that time through 7 trading operations, which included 161 shares with a trading value of 9.74 thousand riyals, while the highest price for the share was at 61.3 riyals, while the lowest price came at 59.9 riyals.
It is noteworthy that “Gas” is a leading company in the field of natural gas distribution in the Kingdom of Saudi Arabia, and one of the largest local companies in that field after Aramco, and was established in 2000 with a license of the Ministry of Energy, Industry and Mineral Resources to provide the second industrial city factories in Riyadh with dry gas.
The company began at the time the first stage by providing dry gas in 2002 to 21 factories, and the company then expanded to cover 66 factories in the second industrial city and other industrial cities locally.
Aramco is the Saudi oil and petrochemical giant, the company through a major tube, and “Gas” in turn delivers dry gas to the factories through a network created according to the specifications of the Saudi Aramco and well -known international specifications, and the company’s experiences include operating and maintaining natural gas networks in the second industrial city and cities Other industrial in the Kingdom.
At the end of last year, the company obtained a 5 -year -long financing contract, to finance its expansion in extending the natural gas network in the second industrial city in Riyadh at a value of 22.15 million riyals, indicating that the guarantees provided in exchange for financing are a support of an order.
