Company ADES Holding Company

2382

SA55SG6H5716

Oil & Gas Drilling

Analysts' Consensus

Business Summary

Share class

Shareholders

Sector

Ratings for ADES Holding Company

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Oil & Gas Drilling

Market Closed - Saudi Arabian S.E. Other stock markets 05:50:04 04/07/2024 pm IST			5-day change	1st Jan Change
19.8 ^SAR	-2.08%		-1.59%	-17.50%

27/06	HSBC Upgrades Ades Holding to Buy from Hold, Boosts PT	MT
26/06	Tadawul Shares in Red; Aramco Flags Port Arthur LNG Deal	MT

ADES Holding Company SJSC is Saudi Arabia-based offshore drilling service provider. The Company owns and operates portfolio of offshore and onshore rigs across the Middle East and Asia. Its main activities include contracting services for excavation and maintenance of onshore and offshore wells, services related to oil extraction, excavation and onshore and offshore maintenance services, provision of contracted offshore and onshore excavation services, and provision of maintenance and production services.

Number of employees: 5,275

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,129,063,000	338,719,119 ( 30.00 %)	33,872,000 ( 3.000 %)	30.00 %

Name	Equities	%	Valuation
Ades Investments Holding Ltd. 36.52 %	412,277,177	36.52 %	1 985 M ﷼
Public Investment Fund (Investment Company) 23.79 %	268,547,519	23.79 %	1 293 M ﷼
Zamil Group Holding Co. 6.700 %	75,647,188	6.700 %	364 M ﷼
SNB Capital Co. 0.1839 %	2,075,806	0.1839 %	10 M ﷼
Sjunde AP-fonden 0.0575 %	649,635	0.0575 %	3 M ﷼
Amundi Asset Management SA (Investment Management) 0.0261 %	295,164	0.0261 %	1 M ﷼
Franklin Templeton Investments (ME) Ltd. 0.0252 %	284,333	0.0252 %	1 M ﷼
Fiera Capital (UK) Ltd. 0.0141 %	159,337	0.0141 %	767 224 ﷼
Fideuram Asset Management (Ireland) DAC 0.006569 %	74,165	0.006569 %	357 112 ﷼
DWS CH AG 0.002910 %	32,858	0.002910 %	158 215 ﷼

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

19.8 SAR

Average target price

20.02 SAR

Spread / Average Target

+1.12%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Related Equipment and Services

Oil & Gas Drilling

Other Oil & Gas Drilling

	1st Jan change	Capi.
ADES HOLDING COMPANY	-17.50%	5.78B
ADNOC DRILLING COMPANY	+16.14%	19.62B
CHINA OILFIELD SERVICES LIMITED	-8.02%	8.38B
NOBLE CORPORATION PLC	-7.66%	6.35B
VALARIS LIMITED	+7.53%	5.34B
TRANSOCEAN LTD.	-18.43%	4.69B
PATTERSON-UTI ENERGY, INC.	-6.20%	4.07B
SINOPEC OILFIELD SERVICE CORPORATION	+7.22%	3.6B
HELMERICH & PAYNE, INC.	-0.50%	3.56B
ARABIAN DRILLING COMPANY	-31.10%	3.12B

Other Oil & Gas Drilling