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Saudi Arabian (Tadawul) Oil and Gas Drilling Industry Analysis

UpdatedSep 02, 2026
DataAggregated Company Financials
Companies2
  • 7D-2.4%
  • 3M-1.1%
  • 1Y23.9%
  • YTDn/a

Over the last 7 days, the Oil and Gas Drilling industry has dropped 2.4%, driven by ADES Holding declining 5.8%. In contrast, Arabian Drilling has gained 6.5%. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 02 Sep 2026ر.س28.6bر.س11.4bر.س617.9m24.9x46.2x2.5x
Fri, 31 Jul 2026ر.س25.5bر.س11.0bر.س716.9m21.4x35.6x2.3x
Sun, 28 Jun 2026ر.س28.9bر.س11.0bر.س716.9m24.1x40.3x2.6x
Tue, 26 May 2026ر.س29.5bر.س11.0bر.س716.9m25.3x41.1x2.7x
Thu, 23 Apr 2026ر.س28.5bر.س10.1bر.س742.8m24.9x38.3x2.8x
Sat, 21 Mar 2026ر.س25.7bر.س9.7bر.س729.1m22.9x35.3x2.6x
Mon, 16 Feb 2026ر.س28.3bر.س9.7bر.س947.8m41.7x29.8x2.9x
Wed, 14 Jan 2026ر.س28.3bر.س9.7bر.س947.8m44.3x29.8x2.9x
Fri, 12 Dec 2025ر.س27.8bر.س9.7bر.س947.8m41.5x29.4x2.9x
Sun, 09 Nov 2025ر.س26.6bر.س9.7bر.س947.8m39.4x28x2.7x
Tue, 07 Oct 2025ر.س24.6bر.س9.7bر.س1.0b25.8x24x2.5x
Thu, 04 Sep 2025ر.س23.1bر.س9.7bر.س1.0b24.2x22.5x2.4x
Sat, 02 Aug 2025ر.س20.6bر.س9.6bر.س1.0b22.7x19.8x2.1x
Mon, 30 Jun 2025ر.س22.4bر.س9.7bر.س1.0b23.8x21.3x2.3x
Wed, 28 May 2025ر.س22.0bر.س9.7bر.س1.0b23.5x20.9x2.3x
Fri, 25 Apr 2025ر.س24.7bر.س9.8bر.س1.1b22.6x22x2.5x
Sun, 23 Mar 2025ر.س26.6bر.س9.8bر.س1.1b24.3x23.7x2.7x
Tue, 18 Feb 2025ر.س28.4bر.س9.7bر.س1.2b23.2x23.8x2.9x
Thu, 16 Jan 2025ر.س29.9bر.س9.7bر.س1.2b24.4x25x3.1x
Sat, 14 Dec 2024ر.س29.9bر.س9.7bر.س1.2b24.8x25x3.1x
Mon, 11 Nov 2024ر.س31.8bر.س9.7bر.س1.2b25.9x26.6x3.3x
Wed, 09 Oct 2024ر.س31.5bر.س9.2bر.س1.1b26.7x27.7x3.4x
Fri, 06 Sep 2024ر.س32.6bر.س9.2bر.س1.1b27.9x28.7x3.5x
Sun, 04 Aug 2024ر.س33.6bر.س8.6bر.س1.2b29.4x28.9x3.9x
Tue, 02 Jul 2024ر.س34.0bر.س8.6bر.س1.2b29.8x29.3x4x
Thu, 30 May 2024ر.س31.9bر.س8.6bر.س1.2b27.8x27.5x3.7x
Sat, 27 Apr 2024ر.س34.9bر.س7.8bر.س1.0b35.3x33.3x4.5x
Mon, 25 Mar 2024ر.س39.4bر.س7.8bر.س1.0b39.2x37.7x5x
Wed, 21 Feb 2024ر.س37.2bر.س7.1bر.س1.1b35.9x35.4x5.2x
Fri, 19 Jan 2024ر.س45.4bر.س7.1bر.س1.1b43.7x43.1x6.4x
Sun, 17 Dec 2023ر.س41.2bر.س7.1bر.س1.1b39.7x39.2x5.8x
Tue, 14 Nov 2023ر.س38.4bر.س6.6bر.س992.0m40x38.7x5.8x
Thu, 12 Oct 2023ر.س35.0bر.س6.4bر.س1.1b34.6x32.9x5.5x
Sat, 09 Sep 2023ر.س14.7bر.س3.0bر.س631.8m23.2x23.2x4.9x
Price to Earnings Ratio

23.2x


Total Market Cap: ر.س14.7bTotal Earnings: ر.س631.8mTotal Revenue: ر.س3.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Oil and Gas Drilling Industry Price to Earnings3Y Average 30.2x202420252026
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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 56% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

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

SA Market-0.67%
Energy-0.42%
Energy Services-2.41%
Oil and Gas Drilling-2.41%
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.س95.602.6%
+ر.س213.6m		30.9%PS2.6x

Latest News

2382
ر.س17.80
ADES Holding
7D
-4.4%
1Y
18.5%
2381
ر.س95.60
Arabian Drilling
7D
2.6%
1Y
30.9%