Business description: Arabian Drilling Company

Arabian Drilling Company SJSC is a Saudi Arabia-based company, which provides drilling solutions to the oil and gas industry. 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 two operating segments: Provision of drilling and related services through land rigs; and Provision of drilling and related services through offshore rigs. The Company’s onshore and offshore drilling services involve the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil or natural gas. The Company operates one wholly owned subsidiary, which is Ofsat Arabia LLC.

Number of employees: 4,419

Sales by Activity: Arabian Drilling Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Land Rigs

- 189.48Cr 200.76Cr 214.08Cr 243.45Cr

Off-Shore Rigs

- 80Cr 146.75Cr 147.8Cr 100Cr

Offshore

55Cr - - - -

Onshore

164.34Cr - - - -

Other

17Cr 18Cr 21Cr 24Cr 31Cr

Eliminations

-17Cr -17Cr -21Cr -24Cr -31Cr

Geographical breakdown of sales: Arabian Drilling Company

Fiscal Period: December 2021 (SAR) 2022 (SAR) 2023 (SAR) 2024 (SAR) 2025 (SAR)

Kingdom of Saudi Arabia

219.9Cr 270.35Cr 347.65Cr 361.88Cr 343.33Cr

Executive Committee: Arabian Drilling Company

Manager TitleAgeSince
Chief Executive Officer - 09/02/2026
Director of Finance/CFO 57 02/02/2020
Compliance Officer 62 01/09/2015
Chief Operating Officer 52 14/02/2022
Comptroller/Controller/Auditor - 01/12/2023

Composition of the Board of Directors: Arabian Drilling Company

Director TitleAgeSince
Director/Board Member 49 01/01/2020
Director/Board Member 59 01/01/2020
Director/Board Member 58 01/01/2020
Director/Board Member 52 27/02/2022
Director/Board Member 63 20/06/2022
Director/Board Member 54 27/02/2022
Director/Board Member - 25/01/2023
Director/Board Member 73 25/01/2023
Chairman - 06/11/2025
Director/Board Member 49 02/11/2025

Shareholders: Arabian Drilling Company

NameEquities%Valuation
Government of Saudi Arabia
35.7 %
3,17,73,000 35.7 % 693 M ﷼
34.3 %
3,05,27,000 34.3 % 666 M ﷼
State Street Global Advisors Ltd.
0.0175 %
15,574 0.0175 % 339 693 ﷼
Mercer Global Investments Europe Ltd.
0.001294 %
1,152 0.001294 % 25 127 ﷼

Company details: Arabian Drilling Company

Arabian Drilling Co.

Aljawharah District

31952, Al-Khobar

+

http://www.arabdrill.com
address Arabian Drilling Company(2381)

Other Oil & Gas Drilling

Change 5d. change 1-year change 3-years change Capi.($)
-0.66%-1.32%+6.53%-38.90% 212.83Cr
-0.16%+6.62%+20.08%+64.40% 2.74TCr
-1.51%-10.15%+43.10%-8.01% 827.7Cr
-0.96%-9.53%+168.26%+0.16% 688.84Cr
-1.10%-10.00%+152.91%+60.90% 635.59Cr
+1.32%-6.10%+24.19%+14.93% 566.39Cr
-1.59%-1.99%+30.68% - 565.47Cr
-1.47%-6.63%+104.85%+7.14% 433.14Cr
-7.36%-8.62%+94.21%+14.45% 368.7Cr
-0.70%+0.81%+82.30%+310.27% 259.9Cr
Average -1.44%-3.53%+72.71%+47.26% 730.12Cr
Weighted average by Cap. -1.00%+0.28%+59.96%+44.25%
Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
89.70SAR
Average target price
97.65SAR
Spread / Average Target
+8.86%

Quarterly revenue - Rate of surprise

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