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: December20202021202220232024

Land Rigs

- - 1.89B 2.01B 2.14B

Off-Shore Rigs

- - 802M 1.47B 1.48B

Offshore

653M 553M - - -

Onshore

1.87B 1.64B - - -

Others

188M 174M 180M 212M 237M

Intersegment Revenue

-184M -171M -173M -210M -237M
See all business segments

Geographical breakdown of sales: Arabian Drilling Company

Fiscal Period: December20202021202220232024

Kingdom of Saudi Arabia

2.53B 2.2B 2.7B 3.48B 3.62B
See all geographic segments

Executive Committee: Arabian Drilling Company

Manager TitleAgeSince
Chief Executive Officer 51 2022-02-23
Director of Finance/CFO 56 2020-02-01
Compliance Officer 61 2015-08-31
Chief Operating Officer 51 2022-02-13
Sales & Marketing 60 2022-03-31
See ARABIAN DRILLING COMPANY governance

Composition of the Board of Directors: Arabian Drilling Company

Director TitleAgeSince
Chairman 57 2018-12-31
Director/Board Member 48 2019-12-31
Director/Board Member 58 2019-12-31
Director/Board Member 57 2019-12-31
Director/Board Member 51 2022-02-26
Director/Board Member 62 2022-06-19
Director/Board Member 53 2022-02-26
Director/Board Member - 2023-01-24
Director/Board Member 72 2023-01-24
Composition of the Board of Directors

Shareholders: Arabian Drilling Company

NameEquities%Valuation
35.7 %
31,773,000 35.7 % 677 M ﷼
34.3 %
30,527,000 34.3 % 650 M ﷼
State Street Global Advisors Ltd.
0.0222 %
19,733 0.0222 % 420 388 ﷼
Mercer Global Investments Europe Ltd.
0.001294 %
1,152 0.001294 % 24 542 ﷼
State Street Global Advisors Europe Ltd.
0.001171 %
1,042 0.001171 % 22 199 ﷼
List of ARABIAN DRILLING COMPANY shareholders

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 5d. change 1-year change 3-years change Capi.($)
+1.74%+7.07%-34.18% - 2.08B
-0.69%-0.69%+31.28%+71.13% 25.04B
+6.23%-5.44% - - 12.01B
+0.59%+1.65%-6.62%-7.13% 7.27B
-2.11%+6.16%-32.63%+16.86% 4.79B
+4.00%+11.43%+50.00%+34.48% 4.34B
+1.83%+2.53%-34.23% - 3.93B
-1.31%+9.82%-33.91%+24.66% 3.55B
-1.38%+2.89%-44.98%-2.73% 2.58B
-0.15%+3.80%-35.72%-52.57% 2.53B
Average +0.87%+164.64%-15.67%+12.10% 6.81B
Weighted average by Cap. +1.05%+284.71%+4.69%+38.07%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
87.80SAR
Average target price
104.03SAR
Spread / Average Target
+18.49%
Consensus

Quarterly revenue - Rate of surprise

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