Why AMOC sets a November 14 meeting for Alexandria Mineral Oils stock

Published on 10/19/2026 at 00:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMOC called an extraordinary meeting for November 14, 2026. Alexandria Mineral Oils stock has first-half 2026 profit of EGP 1.92 billion, up 111.00 percent.

Project economics and reporting dates

AMOC invited shareholders to an extraordinary meeting on November 14, 2026, to consider six statute amendments.
The USD 250,000 acid gas project targets USD 2.5 million in annual savings.
Consolidated net profit reached EGP 1.92 billion in the first half of 2026, up 111.00 percent.
Market capitalization stood at EGP 17.4 billion on October 15, 2026.

AMOC, EGS380P1C010, Illustration mit AI erstellt.

Alexandria Mineral Oils Company (ISIN EGS380P1C010) invited shareholders to an extraordinary general meeting on November 14, 2026, to consider amendments to six articles of its statutes, according to Borsa Malora. The meeting date gives AMOC stock a concrete corporate milestone while the company advances refinery projects and product development.

What does the project change?

The most recent operating development is the acid gas treatment project completed on September 29, 2026. Egypt Oil and Gas reported that the USD 250,000 project is designed to process acid gases from the Maximised Distillate Dewaxing Unit instead of sending them to the flare system. The company expects annual savings of USD 2.5 million through lower natural gas consumption and a reduction of 28,500 tons in annual carbon emissions.

Businessmen EG also reported on September 29, 2026, that AMOC produced Group II base oils by adjusting existing units without additional capital expenditure or new production facilities. The change gives the company more flexibility in production and marketing, but the gas unit was still in trial operation at that time.

Three dated company developments

On July 31, 2026, AMOC signed a term sheet with Intro Utilities for a 16 MW combined heat and power project, according to the company website at Alexandria Mineral Oils Company. On August 16, 2026, consolidated net profit for the first half of 2026 reached EGP 1.92 billion, compared with EGP 910.31 million in the comparative period, according to Borsa Malora. On October 15, 2026, the company disclosed the November 14 extraordinary meeting.

Which dates matter next?

The next substantiated corporate date is November 14, 2026, when the extraordinary general meeting is scheduled to take place. The latest reported financial period ended June 30, 2026, with consolidated net profit up 111.00 percent from EGP 910.31 million.

Market value and operating scale

Alexandria Mineral Oils had a market capitalization of EGP 17.4 billion on October 15, 2026. Its 52-week range was EGP 6.67 to EGP 14.74 on the same market reference, while the company had 1,291,500,000 listed shares.

For investors, the combination of a measurable efficiency project and stronger first-half earnings provides the clearest numerical frame for the November meeting. The acid gas investment is small relative to its targeted annual savings, while the Group II base oil trial broadens the product mix.