Business description: Arabian Drilling Company

Arabian Drilling Company SJSC is a Saudi Arabia-based company, which provides drilling solutions to the oil and gas industry. The Company is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs and related activities. The Company operates two operating segments: Provision of drilling and related services through land rigs; and Provision of drilling and related services through offshore rigs. The Company’s onshore and offshore drilling services involve the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil or natural gas. The Company operates one wholly owned subsidiary, which is Ofsat Arabia LLC.

Number of employees: 4,419

Sales by Activity: Arabian Drilling Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Land Rigs

- 1.89B 2.01B 2.14B 2.43B

Off-Shore Rigs

- 802M 1.47B 1.48B 998M

Offshore

553M - - - -

Onshore

1.64B - - - -

Other

174M 180M 212M 237M 309M

Eliminations

-171M -173M -210M -237M -307M

Geographical breakdown of sales: Arabian Drilling Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Kingdom of Saudi Arabia

2.2B 2.7B 3.48B 3.62B 3.43B

Executive Committee: Arabian Drilling Company

Manager TitleAgeSince
Chief Executive Officer - 2026-02-08
Director of Finance/CFO 57 2020-02-01
Compliance Officer 62 2015-08-31
Chief Operating Officer 52 2022-02-13
Comptroller/Controller/Auditor - 2023-11-30

Composition of the Board of Directors: Arabian Drilling Company

Director TitleAgeSince
Director/Board Member - 2025-11-01
Director/Board Member 73 2023-01-24
Director/Board Member 58 2019-12-31
Director/Board Member 63 2022-06-19
Director/Board Member - 2025-11-01
Director/Board Member - 2023-01-24
Director/Board Member 49 2025-11-01
Director/Board Member 49 2019-12-31
Director/Board Member 59 2019-12-31
Director/Board Member 52 2022-02-26

Shareholders: Arabian Drilling Company

NameStocks%Valuation
Government of Saudi Arabia
35.7 %
31,773,000 35.7 % 737 M ﷼
34.3 %
30,527,000 34.3 % 709 M ﷼
State Street Global Advisors Ltd.
0.003743 %
3,331 0.003743 % 77 310 ﷼
Mercer Global Investments Europe Ltd.
0.001294 %
1,152 0.001294 % 26 737 ﷼

Company details: Arabian Drilling Company

Arabian Drilling Co.

Aljawharah District

31952, Al-Khobar

+

http://www.arabdrill.com
address Arabian Drilling Company(2381)

Other Oil & Gas Drilling

Change 5-day change 1-year change 3-year change Capi.($)
+0.33%+3.21%+7.54%-43.53% 2.12B
+2.81%+2.09%+8.74%+61.60% 24.77B
-2.72%-2.66%+57.56%+13.52% 7.38B
0.00%-8.21%+16.49%-8.21% 7.13B
+0.33%-2.43%+95.78%-3.37% 6.71B
+0.90%-2.48%+101.44%+48.72% 6.16B
+0.82%+1.87%+44.11% - 5.71B
+1.54%-10.81%+3.12%+15.79% 4.85B
-4.41%-4.33%+86.53%+1.59% 4.56B
-0.46%+1.95%+107.57%+12.61% 3.93B
Average -0.12%-2.44%+52.89%+10.97% 7.33B
Weighted average by Cap. +0.63%-2.44%+42.65%+27.89%
Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
89.90SAR
Average target price
97.77SAR
Spread / Average Target
+8.76%

Quarterly revenue - Rate of surprise

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