Arabian Drilling Company

Saudi Stock Exchange 2381.SR

Arabian Drilling Company Net Income for the year ending December 31, 2023: USD 160.98 M

Arabian Drilling Company Net Income is USD 160.98 M for the year ending December 31, 2023, a 8.64% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Arabian Drilling Company Net Income for the year ending December 31, 2022 was USD 148.18 M, a 103.63% change year over year.
  • Arabian Drilling Company Net Income for the year ending December 31, 2021 was USD 72.77 M, a -7.02% change year over year.
  • Arabian Drilling Company Net Income for the year ending December 31, 2020 was USD 78.26 M, a 27.61% change year over year.
  • Arabian Drilling Company Net Income for the year ending December 31, 2019 was USD 61.33 M, a 148.86% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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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
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.

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StockViz Staff

January 15, 2025

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