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Arabian Drilling Company Stock Price

SASE:2381 Community·ر.س8.1b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 26 Fair Values set on narratives written by author

2381 Share Price Performance

ر.س0
0.00 (0.00%)
ر.س66.91
Fair Value
ر.س0
0.00 (0.00%)
Price ر.س0

2381 Community Narratives

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Fair Value ر.س66.91 34.0% overvalued intrinsic discount

Global Renewable Shifts And Regulations Will Undermine Oil Rig Margins

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Fair Value ر.س118 24.0% undervalued intrinsic discount

Modern Fleet And GCC Wins Will Ignite Secular Demand

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Fair Value ر.س97.06 7.6% undervalued intrinsic discount

2381: Contract Extensions And Board Changes Will Shape Performance Through 2025

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ر.س118
24.0% undervalued intrinsic discount
Revenue
10.88% p.a.
Profit Margin
16.99%
Future PE
22.98x
Price in 2028
ر.س208.55

Trending Discussion

Updated Narratives

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2381: Temporary Offshore Suspensions And GCC Expansion Will Shape Balanced Forward Outlook

Fair Value: ر.س97.06 7.6% undervalued intrinsic discount
16 users have set this as their fair value
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2381: Cash Preservation And Suspended Offshore Rigs Will Keep P/E Excessive

Fair Value: ر.س66.91 34.0% overvalued intrinsic discount
0 users have set this as their fair value
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Modern Fleet And GCC Wins Will Ignite Secular Demand

Fair Value: ر.س118 24.0% undervalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
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Snowflake Analysis

Reasonable growth potential second-rate dividend payer.

2 Risks
1 Reward

Arabian Drilling Company Key Details

ر.س3.3b

Revenue

ر.س3.0b

Cost of Revenue

ر.س294.6m

Gross Profit

ر.س438.0m

Other Expenses

-ر.س143.4m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-1.61
8.81%
-4.29%
50.2%
View Full Analysis

About 2381

Founded
1964
Employees
n/a
CEO
Fahad Al-Bani
WebsiteView website
www.arabdrill.com

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.