Arabian Drilling Company (TADAWUL:2381)

Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
87.10
-0.40 (-0.46%)
May 21, 2026, 3:16 PM AST
Market Cap7.75B +1.3%
Revenue (ttm)3.34B -6.2%
Net Income-143.39M
EPS-1.61
Shares Out89.00M
PE Ration/a
Forward PE44.82
Dividend2.70 (3.10%)
Ex-Dividend Daten/a
Volume66,719
Average Volume144,114
Open87.10
Previous Close87.50
Day's Range86.45 - 87.70
52-Week Range72.00 - 107.00
Beta0.68
RSI48.27
Earnings DateMay 10, 2026

About Arabian Drilling Company

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. The company’s 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, mobilisation, manpower, and other services. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. [Read more]

Sector Energy
Founded 1964
Employees 4,419
Stock Exchange Saudi Stock Exchange
Ticker Symbol 2381
Full Company Profile

Financial Performance

Financial Statements

News

Arabian Drilling Company Earnings Call Transcript: Q1 2026

Q1 2026 saw improved margins and a return to profitability, despite lower year-over-year revenue due to normalized rig move activity and regional disruptions. Record backlog and cost optimization initiatives support a positive outlook, though Q2 revenue is expected to decline temporarily.

13 days ago - Transcripts

Arabian Drilling Company Earnings release: Q1 2026

Arabian Drilling Company released its Q1 2026 earnings on May 11, 2026, summarizing the period's financial results.

13 days ago - Filings

Arabian Drilling Company Slides: Q1 2026

Arabian Drilling Company has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 11, 2026.

13 days ago - Filings

Arabian Drilling Company Quarterly report: Q1 2026

Arabian Drilling Company has published its Q1 2026 quarterly earnings report on May 11, 2026.

13 days ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q4 2025

Revenue and EBITDA declined in 2025 due to lower offshore and land activity, but backlog hit a record SAR 12.4 billion. Offshore utilization is set to reach 100% in Q2 2026, with margin recovery expected as more rigs return to service.

2 months ago - Transcripts

Arabian Drilling Company Earnings release: Q4 2025

Arabian Drilling Company released its Q4 2025 earnings on March 2, 2026, summarizing the period's financial results.

2 months ago - Filings

Arabian Drilling Company Slides: Q4 2025

Arabian Drilling Company has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 2, 2026.

2 months ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q3 2025

Revenue declined 5.8% year-over-year to SAR 2.6 billion, with EBITDA margin holding at 35.1% despite lower rig utilization. Backlog rose 6.8% to nearly SAR 11 billion, and five rigs are set for reactivation in Q1 2026, supporting a projected utilization recovery and margin improvement.

7 months ago - Transcripts

Arabian Drilling Company Quarterly report: Q3 2025

Arabian Drilling Company has published its Q3 2025 quarterly earnings report on November 3, 2025.

7 months ago - Filings

Arabian Drilling Company Slides: Q3 2025

Arabian Drilling Company has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 3, 2025.

7 months ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q2 2025

H1 2025 saw revenue and EBITDA declines due to rig suspensions, with land segment growth offsetting some losses. SAR 2.4 billion in new backlog and the first international contract were secured, but dividend payments are paused for 2025 as market conditions remain challenging.

10 months ago - Transcripts

Arabian Drilling Company Quarterly report: Q2 2025

Arabian Drilling Company has published its Q2 2025 quarterly earnings report on July 31, 2025.

10 months ago - Filings

Arabian Drilling Company Slides: Q2 2025

Arabian Drilling Company has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on July 31, 2025.

10 months ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q1 2025

Q1 2025 saw revenue and net income growth, strong EBITDA margins, and major contract wins, but management expects a 10% revenue dip in Q2 and lower margins due to market normalization and rig suspensions. CapEx guidance was reduced, with activity expected to rebound in 2026.

1 year ago - Transcripts

Arabian Drilling Company Quarterly report: Q1 2025

Arabian Drilling Company has published its Q1 2025 quarterly earnings report on May 20, 2025.

1 year ago - Filings

Arabian Drilling Company Earnings release: Q1 2025

Arabian Drilling Company released its Q1 2025 earnings on May 20, 2025, summarizing the period's financial results.

1 year ago - Filings

Arabian Drilling Company Slides: Q1 2025

Arabian Drilling Company has posted slides in relation to its Q1 2025 quarterly earnings report, which was published on May 20, 2025.

1 year ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q4 2024

Record revenue and EBITDA were achieved in 2024, with strong cash flow and a robust backlog despite market uncertainty. The company expanded its fleet, maintained margins, and is focusing on redeploying suspended rigs and international growth, with 2025 guidance shifting to a quarterly basis.

1 year ago - Transcripts

Arabian Drilling Company Quarterly report: Q4 2024

Arabian Drilling Company has published its Q4 2024 quarterly earnings report on March 13, 2025.

1 year ago - Filings

Arabian Drilling Company Slides: Q4 2024

Arabian Drilling Company has posted slides in relation to its Q4 2024 quarterly earnings report, which was published on March 13, 2025.

1 year ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q3 2024

Q3 2024 saw resilient EBITDA margins despite offshore rig suspensions, with year-on-year revenue and EBITDA growth driven by unconventional land rig deployment. CapEx remained high, leverage increased, and the outlook is strong for unconventional rigs, while offshore and conventional face short-term challenges.

1 year ago - Transcripts

Arabian Drilling Company Quarterly report: Q3 2024

Arabian Drilling Company has published its Q3 2024 quarterly earnings report on November 7, 2024.

1 year ago - Filings

Arabian Drilling Company Slides: Q3 2024

Arabian Drilling Company has posted slides in relation to its Q3 2024 quarterly earnings report, which was published on November 7, 2024.

1 year ago - Filings

Arabian Drilling Company Earnings Call Transcript: Q2 2024

H1 2024 saw strong revenue and EBITDA growth year-on-year, despite offshore rig suspensions impacting utilization and segment mix. CapEx surged for unconventional rig expansion, with full deployment of 13 rigs expected by year-end. Margins are forecast to contract but remain healthy.

1 year ago - Transcripts

Arabian Drilling Company Quarterly report: Q2 2024

Arabian Drilling Company has published its Q2 2024 quarterly earnings report on August 6, 2024.

1 year ago - Filings