Arabian Drilling Company

2381

SA15L1I156H7

Oil & Gas Drilling

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:04 2024-05-13 am EDT			5-day change	1st Jan Change
147.4 ^SAR	-3.66%		-4.90%	-22.83%

09:07am	Arabian Drilling's Q1 Net Profit, Revenue Grow	MT
May. 06	Arabian Drilling to Publish Q1 Results on May 13	MT

Arabian Drilling Company Provides Earnings Guidance for the of 2024

March 19, 2024 at 08:30 am EDT

Arabian Drilling Company provided earnings guidance for the of 2024. Full year 2024 revenue is expected to be in the range of SAR 3.6 billion to SAR 3.9 billion. This guidance corresponds to an average of 46 to 51 active rig per month, taking into account the start-up of the 10 new rigs in Third Quarter '24.

Latest news about Arabian Drilling Company

Arabian Drilling's Q1 Net Profit, Revenue Grow	03:07am	MT
Arabian Drilling to Publish Q1 Results on May 13	May. 06	MT
Arabian Drilling in Talks to Suspend Three Offshore Rig Contracts with Saudi Aramco	Apr. 04	MT
Arabian Drilling Company Provides Earnings Guidance for the of 2024	Mar. 19	CI
Transcript : Arabian Drilling Company, Q4 2023 Earnings Call, Mar 19, 2024	Mar. 19
Arabian Drilling Company Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 18	CI
Morgan Stanley: Arabian Drilling's FY24 Outlook Below Expectations Amid Differences on Rigs Timing	Mar. 18	MT
Arabian Drilling Posts Rise in FY23 Net Profit, Revenue	Mar. 18	MT
Arabian Drilling Company Approves Interim Dividend for the Second Half 2023, April 2, 2024	Mar. 18	CI
Arabian Drilling Company Announces Long Term Contracts Signature for 3 Land Rigs with Saudi Aramco	Feb. 08	CI
Arabian Drilling Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 04	CI
Exxon, TotalEnergies place bids on shallow-water Guyana oil and gas blocks	23-10-26	RE
Arabian Drilling Company Recommends Interim Dividend for the First Half 2023	23-08-03	CI
Arabian Drilling Company Provides Earnings Guidance for the Year 2023	23-08-03	CI
Transcript : Arabian Drilling Company, Q2 2023 Earnings Call, Aug 03, 2023	23-08-03
Arabian Drilling Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-01	CI
Arabian Drilling Company(SASE:2381) added to FTSE All-World Index	23-06-19	CI
Hilong Holding Clinches Nearly $27 Million Drill String, Components Supply Contracts	23-06-09	MT
Arabian Drilling Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-13	CI
Arabian Drilling Company(SASE:2381) added to S&P Pan Arab Composite	23-03-20	CI
Arabian Drilling Company(SASE:2381) added to S&P Global BMI Index	23-03-20	CI
Arabian Drilling Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-18	CI
Arabian Drilling Company Announces Contract Signing for Offshore Jack Up Unit with Aramco	23-01-11	CI
Arabian Drilling Company has completed an IPO in the amount of SAR 2.67 billion.	22-10-25	CI

Chart Arabian Drilling Company

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Company Profile

Arabian Drilling Co SJSC is a Saudi Arabia-based provider of oil and gas drilling services. 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 principally in following two operating segments: Provision of drilling and related services through land rigs, and Provision of drilling and related services through off-shore rigs. The Company operates one wholy-owned subsidiary, which is Ofsat Arabia LLC.

Sector

Oil & Gas Drilling

Calendar

2024-05-12 - Q1 2024 Earnings Release (Projected)

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Ratings for Arabian Drilling Company

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

147.4 SAR

Average target price

173.6 SAR

Spread / Average Target

+17.74%

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Sector Other Oil & Gas Drilling

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