Arabian Drilling Company

Saudi Stock Exchange 2381.SR

Arabian Drilling Company EBITDA for the year ending December 31, 2023: USD 412.49 M

Arabian Drilling Company EBITDA is USD 412.49 M for the year ending December 31, 2023, a 32.11% change year over year. EBITDA means earnings before interest, taxes, depreciation, and amortization, which measures a company's operating performance by excluding non-operating expenses.

Arabian Drilling Company EBITDA for the year ending December 31, 2022 was USD 312.24 M, a 32.53% change year over year.
Arabian Drilling Company EBITDA for the year ending December 31, 2021 was USD 235.60 M, a -18.68% change year over year.
Arabian Drilling Company EBITDA for the year ending December 31, 2020 was USD 289.72 M, a 3.20% change year over year.
Arabian Drilling Company EBITDA for the year ending December 31, 2019 was USD 280.75 M, a 35.32% change year over year.

Key data

Date	EBITDA	Net Income	EPS (Diluted)	Shares (Diluted, Weighted)

Saudi Stock Exchange: 2381.SR

Arabian Drilling Company

CEO	Mr. Ghassan Abdulaziz Sulaiman Mirdad
IPO Date	Nov. 9, 2022
Location	Saudi Arabia
Headquarters	PO Box 4110
Employees	6,143
Sector	Energy
Industries Offshore Drilling Drilling Oil & Gas

Description

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.

Key trends

Past 5 years