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Market Closed -
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5-day change | 1st Jan Change | ||
| 84.65 SAR | +3.80% |
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+4.64% | -14.28% |
| Apr. 09 | Bernstein Begins Arabian Drilling's Coverage with Outperform Rating | MT |
| Mar. 30 | Saudi oil driller ADES beats profit expectations, keeps growth forecast despite Iran war | RE |
Published on 03/02/2026 at 07:00 am EST
Arabian Drilling Company provided earnings guidance for the first quarter of 2026. For the quarter, the company expects a slight improvement on revenue compared to fourth quarter of 2025. This is driven by the rigs that have been brought back into operation.
However, because these rigs are contributing for a full to normalize.
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