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Saudi Arabian (Tadawul) Oil and Gas Drilling Industry Analysis

UpdatedOct 02, 2025
DataAggregated Company Financials
Companies2
  • 7D0.4%
  • 3M13.5%
  • 1Y-24.2%
  • YTDn/a

In the last week, the Oil and Gas Drilling industry is up 2.1%, with all of the companies up. In the past year, the industry is down 27%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the Saudi Arabian Oil and Gas Drilling Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Oct 2025ر.س24.7bر.س9.7bر.س1.0b25.8x24x2.5x
Sat, 30 Aug 2025ر.س23.1bر.س9.7bر.س1.0b24.5x22.5x2.4x
Mon, 28 Jul 2025ر.س21.7bر.س9.7bر.س1.0b23.9x20.7x2.2x
Wed, 25 Jun 2025ر.س20.8bر.س9.7bر.س1.0b22.4x19.8x2.1x
Fri, 23 May 2025ر.س22.8bر.س9.7bر.س1.0b24.3x21.8x2.4x
Sun, 20 Apr 2025ر.س24.6bر.س9.8bر.س1.1b22.7x21.9x2.5x
Tue, 18 Mar 2025ر.س26.3bر.س9.8bر.س1.1b24.2x23.4x2.7x
Thu, 13 Feb 2025ر.س29.1bر.س9.7bر.س1.2b23.7x24.3x3x
Sat, 11 Jan 2025ر.س28.9bر.س9.7bر.س1.2b23.6x24.1x3x
Mon, 09 Dec 2024ر.س30.2bر.س9.7bر.س1.2b24.9x25.3x3.1x
Wed, 06 Nov 2024ر.س31.5bر.س9.2bر.س1.1b26.8x27.7x3.4x
Fri, 04 Oct 2024ر.س32.2bر.س9.2bر.س1.1b27.1x28.4x3.5x
Sun, 01 Sep 2024ر.س32.9bر.س9.2bر.س1.1b28x29x3.6x
Tue, 30 Jul 2024ر.س34.7bر.س8.6bر.س1.2b30.6x29.9x4.1x
Thu, 27 Jun 2024ر.س35.4bر.س8.6bر.س1.2b30.1x30.5x4.1x
Sat, 25 May 2024ر.س31.2bر.س8.6bر.س1.2b27.2x26.9x3.6x
Mon, 22 Apr 2024ر.س36.0bر.س7.8bر.س1.0b37.1x34.4x4.6x
Wed, 20 Mar 2024ر.س40.0bر.س7.6bر.س1.0b41.5x40x5.3x
Fri, 16 Feb 2024ر.س37.7bر.س7.1bر.س1.1b36.3x35.8x5.3x
Sun, 14 Jan 2024ر.س45.2bر.س7.1bر.س1.1b43.6x43x6.4x
Tue, 12 Dec 2023ر.س42.1bر.س7.1bر.س1.1b40.5x40x5.9x
Thu, 09 Nov 2023ر.س37.2bر.س6.6bر.س992.1m38.8x37.5x5.6x
Sat, 07 Oct 2023ر.س16.2bر.س3.0bر.س631.8m25.7x25.7x5.4x
Mon, 04 Sep 2023ر.س16.5bر.س3.0bر.س631.8m25.9x26.1x5.5x
Wed, 02 Aug 2023ر.س16.2bر.س2.9bر.س605.6m26.8x26.7x5.6x
Fri, 30 Jun 2023ر.س13.7bر.س2.9bر.س605.6m22.6x22.6x4.8x
Sun, 28 May 2023ر.س14.0bر.س2.9bر.س605.6m23.2x23.2x4.9x
Tue, 25 Apr 2023ر.س13.2bر.س2.7bر.س557.7m23.6x23.6x4.9x
Thu, 23 Mar 2023ر.س12.7bر.س2.5bر.س539.3m23.6x23.6x5x
Sat, 18 Feb 2023ر.س13.3bر.س2.5bر.س539.3m24.6x24.6x5.2x
Mon, 16 Jan 2023ر.س11.0bر.س2.5bر.س539.3m20.9x20.4x4.3x
Wed, 14 Dec 2022ر.س10.0bر.س2.5bر.س539.3m18.4x18.4x3.9x
Fri, 11 Nov 2022ر.س11.2bر.س2.2bر.س273.6m41.1x41.1x5.1x
Price to Earnings Ratio

41.1x


Total Market Cap: ر.س11.2bTotal Earnings: ر.س273.6mTotal Revenue: ر.س2.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Oil and Gas Drilling Industry Price to Earnings3Y Average 27x202320242025
Current Industry PE
    There are only 2 companies in the Saudi Oil and Gas Drilling industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Drilling industry have grown 55% per year over the last three years.
  • Revenues for these companies have grown 64% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Saudi Arabian Oil and Gas Drilling compare with similar industries?

SA Market-0.77%
Energy-1.79%
Energy Services0.39%
Oil and Gas Drilling0.39%
Oil and Gas Services0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2381 Arabian Drillingر.س77.501.5%
+ر.س102.4m		-30.2%PE29x
2382 ADES Holdingر.س16.000.5%
+ر.س88.1m		-20.4%PE22.3x

Latest News

2382
ر.س16.00
ADES Holding
7D
0.5%
1Y
-20.4%

Returns On Capital At ADES Holding (TADAWUL:2382) Have Hit The Brakes

Sep 30
Returns On Capital At ADES Holding (TADAWUL:2382) Have Hit The Brakes
2381
ر.س77.50
Arabian Drilling
7D
1.5%
1Y
-30.2%

International Expansion And MENA Diversification Will Unlock Strong Rig Potential

Despite nearly unchanged consensus revenue growth and future P/E expectations, the analyst price target for Arabian Drilling saw a negligible reduction from SAR90.35 to SAR89.23. What's in the News Arabian Drilling signed a one-year extension for all eleven LSTK gas land rigs with SLB, representing 15.0%-20.0% of 2024 revenues and securing the largest quarterly backlog intake since Q3 2023.