Company ADES Holding Company

2382

SA55SG6H5716

Oil & Gas Drilling

Analysts' Consensus

Business Summary

Share class

Shareholders

Sector

Ratings for ADES Holding Company

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Oil & Gas Drilling

Delayed Saudi Arabian S.E. Other stock markets 07:23:05 2024-05-16 am EDT			5-day change	1st Jan Change
17.84 ^SAR	-0.34%		-3.15%	-25.75%

May. 14	Ades Holding Wins SAR354 Million Jackup Drilling Contract in Thailand	MT
May. 13	Saudi Stocks Close Monday in Green; Allied Cooperative Insurance Group Leads Rally	MT

ADES Holding Company SJSC is Saudi Arabia-based offshore drilling service provider. The Company owns and operates portfolio of offshore and onshore rigs across the Middle East and Asia. Its main activities include contracting services for excavation and maintenance of onshore and offshore wells, services related to oil extraction, excavation and onshore and offshore maintenance services, provision of contracted offshore and onshore excavation services, and provision of maintenance and production services.

Number of employees: 5,275

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,129,062,513	338,718,757 ( 30.00 %)	33,871,875 ( 3.000 %)	30.00 %

Name	Equities	%	Valuation
Ades Investments Holding Ltd. 36.52 %	412,277,177	36.52 %	2 196 M ﷼
Public Investment Fund (Investment Company) 23.79 %	268,547,519	23.79 %	1 431 M ﷼
Zamil Group Holding Co. 6.700 %	75,647,188	6.700 %	403 M ﷼
SNB Capital Co. 0.1839 %	2,075,806	0.1839 %	11 M ﷼
Fiera Capital (UK) Ltd. 0.0875 %	987,693	0.0875 %	5 M ﷼
Sjunde AP-fonden 0.0650 %	733,915	0.0650 %	4 M ﷼
Bridge Fund Management Ltd. 0.0185 %	209,426	0.0185 %	1 M ﷼
Amundi Asset Management SA (Investment Management) 0.004735 %	53,457	0.004735 %	284 773 ﷼
State Street Global Advisors France SA 0.002529 %	28,556	0.002529 %	152 122 ﷼

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

17.9 SAR

Average target price

19 SAR

Spread / Average Target

+6.15%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Related Equipment and Services

Oil & Gas Drilling

Other Oil & Gas Drilling

	1st Jan change	Capi.
ADES HOLDING COMPANY	-25.75%	5.23B
ADNOC DRILLING COMPANY	+13.23%	18.77B
CHINA OILFIELD SERVICES LIMITED	+9.02%	9.4B
NOBLE CORPORATION PLC	-1.29%	6.79B
VALARIS LIMITED	+10.79%	5.5B
TRANSOCEAN LTD.	-4.88%	4.95B
PATTERSON-UTI ENERGY, INC.	+1.94%	4.42B
SINOPEC OILFIELD SERVICE CORPORATION	+17.53%	3.93B
HELMERICH & PAYNE, INC.	+6.29%	3.8B
ARABIAN DRILLING COMPANY	-27.02%	3.37B

Other Oil & Gas Drilling