Arabian Drilling Company
Saudi Stock Exchange 2381.SR
Arabian Drilling Company Net Cash Used For Investing Activities for the year ending December 31, 2023: USD -210.15 M
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Arabian Drilling Company Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD -723.80 M, a -1,099.45% change year over year.
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Arabian Drilling Company Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -60.34 M, a 40.42% change year over year.
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Arabian Drilling Company Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -101.29 M, a 33.28% change year over year.
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Arabian Drilling Company Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD -151.83 M, a 69.42% change year over year.
| Date | Net Cash Used For Investing Activities | Net Cash Used Provided By Financing Activities | Dividends Paid | Capital Expenditure |
|---|
| CEO | Mr. Ghassan Abdulaziz Sulaiman Mirdad |
| IPO Date | Nov. 9, 2022 |
| Location | Saudi Arabia |
| Headquarters | PO Box 4110 |
| Employees | 6,143 |
| Sector | Energy |
| Industries | |
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.
Past 5 years
USD 31.76
USD 29.47
USD 313.79
USD 57.19
USD 13.83
StockViz Staff
January 16, 2025
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