2381 Share Price Performance
ر.س83.90
-11.10 (-11.68%)
17.4% undervalued intrinsic discount
ر.س101.55
Fair Value
Price ر.س83.90
AnalystConsensusTarget ر.س101.55
AnalystLowTarget ر.س75.55
AnalystHighTarget ر.س118.00
Fair Valueر.س101.55
Share Pricen/a
Arabian Drilling Company Stock Price
- 3 Narratives written by author
- 0 Comments on narratives written by author
- 26 Fair Values set on narratives written by author
2381 Community Narratives
AN
Fair Value ر.س101.55 17.4% undervalued intrinsic discount
2381: Contract Extensions And Board Changes Will Shape Performance Through 2025
0users have liked this narrative
0users have commented on this narrative
16users have followed this narrative
AN
Fair Value ر.س75.55 11.1% overvalued intrinsic discount
Global Renewable Shifts And Regulations Will Undermine Oil Rig Margins
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
Fair Value ر.س118 28.9% undervalued intrinsic discount
Modern Fleet And GCC Wins Will Ignite Secular Demand
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
Global Renewable Shifts And Regulations Will Undermine Oil Rig Margins
Key Takeaways Shift to renewables and tightening environmental rules threaten core revenues, while heavy dependence on a few key clients heightens earnings and cash flow volatility. Intensifying competition and escalating compliance costs erode margins, restrict cash generation, and elevate financial risk amid uncertainty over contract renewals and geographic expansion.Read more
12
users have viewed this narrative0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
ر.س75.55
11.1% overvalued intrinsic discount
AnalystLowTarget's Fair Value
Revenue
6.67% p.a.
Profit Margin
10.87%
Future PE
25.4x
Price in 2029
ر.س130.29
2381: Contract Extensions And Board Changes Will Shape Performance Through 2025
Key Takeaways Expanding international presence and diversification beyond Saudi Arabia reduce reliance on a single client and position for long-term regional growth in drilling demand. Cost optimization, focus on unconventional rigs, and solid contract renewals strengthen margins, recurring revenue, and earnings stability despite short-term rig suspensions.Read more
57
users have viewed this narrative0users have liked this narrative
0users have commented on this narrative
16users have followed this narrative
AN
ر.س101.55
17.4% undervalued intrinsic discount
AnalystConsensusTarget's Fair Value
Revenue
6.46% p.a.
Profit Margin
10.96%
Future PE
34.01x
Price in 2029
ر.س174.82
Modern Fleet And GCC Wins Will Ignite Secular Demand
Key Takeaways Full utilization of modern, high-margin rigs and expansion into new GCC markets could drive revenue, EBITDA, and backlog growth well ahead of current expectations. Aggressive cost control, balance sheet strength, and a young fleet position the company for outsized profitability and sustained long-term gains amid rising sector demand.Read more
15
users have viewed this narrative0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
ر.س118
28.9% undervalued intrinsic discount
AnalystHighTarget's Fair Value
Revenue
10.88% p.a.
Profit Margin
16.99%
Future PE
22.98x
Price in 2028
ر.س208.55
Trending Discussion
Recently Updated Narratives
AN
2381: Record Backlog And New CEO Will Still Fail To Justify Rich P/E
Fair Value: ر.س75.55 11.1% overvalued intrinsic discount
0 followersusers have followed this narrative
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
2381: Record Backlog And Long-Term Contracts Will Support Steady Outlook
Fair Value: ر.س101.55 17.4% undervalued intrinsic discount
16 followersusers have followed this narrative
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
Modern Fleet And GCC Wins Will Ignite Secular Demand
Fair Value: ر.س118 28.9% undervalued intrinsic discount
0 followersusers have followed this narrative
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
Snowflake Analysis
Arabian Drilling Company Key Details
About 2381
- Founded
- 1964
- Employees
- n/a
- CEO
- WebsiteView website
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, mobilization, manpower, and other services. The company was founded in 1964 and is based in Al Khobar, Saudi Arabia.
