Arabian Drilling Company

2381

SA15L1I156H7

Oil & Gas Drilling

Market Closed - Saudi Arabian S.E. Other stock markets 13:20:04 04/07/2024 BST			5-day change	1st Jan Change
131.6 ^SAR	-1.20%		-2.37%	-31.10%

07-04	HSBC Cuts Arabian Drilling PT, Affirms Hold Rating	MT
06-04	Arabian Drilling Decides Against Extension of Third Rig Contract with Saudi Aramco	MT

Arabian Drilling Company Reaffirms Financial Guidance for Fiscal Year 2024

May 13, 2024 at 05:20 am

Arabian Drilling Company reaffirmed financial guidance for fiscal year 2024. Fiscal year 2024 revenue guidance of SAR 3.6 billion to SAR 3.9 billion remains unchanged, reflecting year-on-year growth.

Latest news about Arabian Drilling Company

HSBC Cuts Arabian Drilling PT, Affirms Hold Rating	07-04	MT
Arabian Drilling Decides Against Extension of Third Rig Contract with Saudi Aramco	06-04	MT
Arabian Drilling Company Finalizes the Discussions with Aramco Related to the Previously Announced Suspension of Three Offshore Rigs	06-04	CI
Transcript : Arabian Drilling Company, Q1 2024 Earnings Call, May 14, 2024	05-14
Arabian Drilling's Q1 Net Profit, Revenue Grow	05-13	MT
Arabian Drilling Company Reaffirms Financial Guidance for Fiscal Year 2024	05-13	CI
Arabian Drilling Company Reports Earnings Results for the First Quarter Ended March 31, 2024	05-12	CI
Arabian Drilling to Publish Q1 Results on May 13	05-06	MT
Arabian Drilling in Talks to Suspend Three Offshore Rig Contracts with Saudi Aramco	04-04	MT
Arabian Drilling Company Provides Earnings Guidance for the of 2024	03-19	CI
Transcript : Arabian Drilling Company, Q4 2023 Earnings Call, Mar 19, 2024	03-19
Arabian Drilling Company Reports Earnings Results for the Full Year Ended December 31, 2023	03-18	CI
Morgan Stanley: Arabian Drilling's FY24 Outlook Below Expectations Amid Differences on Rigs Timing	03-18	MT
Arabian Drilling Posts Rise in FY23 Net Profit, Revenue	03-18	MT
Arabian Drilling Company Approves Interim Dividend for the Second Half 2023, April 2, 2024	03-18	CI
Arabian Drilling Company Announces Long Term Contracts Signature for 3 Land Rigs with Saudi Aramco	02-08	CI
Arabian Drilling Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-04	CI
Exxon, TotalEnergies place bids on shallow-water Guyana oil and gas blocks	27/10/23	RE
Arabian Drilling Company Recommends Interim Dividend for the First Half 2023	03/08/23	CI
Arabian Drilling Company Provides Earnings Guidance for the Year 2023	03/08/23	CI
Transcript : Arabian Drilling Company, Q2 2023 Earnings Call, Aug 03, 2023	03/08/23
Arabian Drilling Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	01/08/23	CI
Arabian Drilling Company(SASE:2381) added to FTSE All-World Index	19/06/23	CI
Hilong Holding Clinches Nearly $27 Million Drill String, Components Supply Contracts	09/06/23	MT
Arabian Drilling Company Reports Earnings Results for the First Quarter Ended March 31, 2023	13/05/23	CI

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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

30/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Arabian Drilling Company

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

131.6 SAR

Average target price

159.7 SAR

Spread / Average Target

+21.38%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Sector Other Oil & Gas Drilling

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