Arabian Drilling Company

Saudi Stock Exchange:2381.SR

Sector

⚡️ Energy

Industries

🛢 Offshore Drilling

🛠 Drilling

⛽ Oil & Gas

Location

Saudi Arabia

Market Cap

USD 1.78 B

Share Price

USD 19.56

Avg Daily Volume

208,257

Change (1 day)

-2.00%

Change (1 year)

-43.11%

Change (YTD)

-34.10%

Arabian Drilling Company Revenue for the year ending December 31, 2024: USD 962.46 M

Arabian Drilling Company Revenue is USD 962.46 M for the year ending December 31, 2024, a 3.98% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.

Arabian Drilling Company Revenue for the year ending December 31, 2023 was USD 925.66 M, a 28.87% change year over year.
Arabian Drilling Company Revenue for the year ending December 31, 2022 was USD 718.28 M, a 22.81% change year over year.
Arabian Drilling Company Revenue for the year ending December 31, 2021 was USD 584.88 M, a -13.08% change year over year.
Arabian Drilling Company Revenue for the year ending December 31, 2020 was USD 672.90 M, a -10.17% change year over year.

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Key data

Date	Revenue	Revenue	Gross Profit	Operating Income

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.