Saudi Aramco Base Oil Co - Luberef (SAU:2223) Construction In Progress: ﷼1,035 Mil (As of Mar. 2026)


SAU:2223 Saudi Aramco Base Oil Co - Luberef SAU:2223
60 GF Score
Price ﷼122.50
GF Value ﷼115.59
Valuation Fairly Valued
! 7 Warning Signs
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What is Saudi Aramco Base Oil Co - Luberef Construction In Progress?

Saudi Aramco Base Oil Co - Luberef SAU:2223 -0.41% 60 Construction In Progress is ﷼1,035 Mil as of Mar. 2026. GuruFocus rates SAU:2223 with a GF Score™ of 60/100 and a GF Value™ of ﷼115.59 (Fairly Valued). The stock has 7 warning signs investors should review.

Saudi Aramco Base Oil Co - Luberef's quarterly construction in progress increased from Sep. 2025 (﷼679 Mil) to Dec. 2025 (﷼915 Mil) and increased from Dec. 2025 (﷼915 Mil) to Mar. 2026 (﷼1,035 Mil).

Saudi Aramco Base Oil Co - Luberef's annual construction in progress increased from Dec. 2023 (﷼360 Mil) to Dec. 2024 (﷼436 Mil) and increased from Dec. 2024 (﷼436 Mil) to Dec. 2025 (﷼915 Mil).

Saudi Aramco Base Oil Co - Luberef Construction In Progress Historical Data

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The historical data trend for Saudi Aramco Base Oil Co - Luberef's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Saudi Aramco Base Oil Co - Luberef Construction In Progress Chart

Saudi Aramco Base Oil Co - Luberef Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
184.53 196.63 359.51 435.89 914.56

Saudi Aramco Base Oil Co - Luberef Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 541.42 623.91 679.06 914.56 1,035.16
SAU:2223
60GF Score
Saudi Aramco Base Oil Co - Luberef SAU:2223
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Saudi Aramco Base Oil Co - Luberef Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ﷼1,035 Mil mean?
Saudi Aramco Base Oil Co - Luberef (SAU:2223) has a Construction In Progress of ﷼1,035 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Saudi Aramco Base Oil Co - Luberef and its competitors.
Is Saudi Aramco Base Oil Co - Luberef's Construction In Progress too high?
Saudi Aramco Base Oil Co - Luberef's current Construction In Progress is ﷼1,035 Mil. Overall, Saudi Aramco Base Oil Co - Luberef has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Aramco Base Oil Co - Luberef's Construction In Progress compare to VLO and MPC?
Saudi Aramco Base Oil Co - Luberef's Construction In Progress of ﷼1,035 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Saudi Aramco Base Oil Co - Luberef and its competitors. Saudi Aramco Base Oil Co - Luberef's current Construction In Progress is ﷼1,035 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Aramco Base Oil Co - Luberef stock overvalued right now?
Based on GuruFocus' analysis, Saudi Aramco Base Oil Co - Luberef (SAU:2223) is currently considered Fairly Valued. The stock's GF Value™ is ﷼115.59, compared to a current price of ﷼122.50 — trading 6% above its estimated fair value. The current Construction In Progress is ﷼1,035 Mil. Saudi Aramco Base Oil Co - Luberef's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Saudi Aramco Base Oil Co - Luberef (SAU:2223), the current Construction In Progress is ﷼1,035 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Saudi Aramco Base Oil Co - Luberef (SAU:2223) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Aramco Base Oil Co - Luberef stock appears to be overvalued. The current stock price of ﷼122.50 is trading 6% above its estimated GF Value™ of ﷼115.59. GuruFocus considers Saudi Aramco Base Oil Co - Luberef to be Fairly Valued.

Key valuation signals for SAU:2223:

  • Construction In Progress: ﷼1,035 Mil
  • GF Value™: ﷼115.59 vs. price of ﷼122.50 (6% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the SAU:2223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Saudi Aramco Base Oil Co - Luberef Business Description

Industry EnergyOil & Gas
Address 7168 Al Minaa, P.O. Box 5518, 3072 Petromin District, Jeddah, SAU, 22411
Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and in purchasing, selling, transporting, marketing, importing and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and other countries. The company derives the majority of its revenue from sales of Base oils in the Kingdom of Saudi Arabia.
60GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼122.50
Price
﷼115.59
GF Value