ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Malaysia, Kuwait, Tunisia, Qatar, India, Indonesia, Thailand, and the Kingdom of Saudi Arabia. Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and mobile offshore production unit production services, as well as accommodation, catering, and other barge-based support services. Its onshore services include drilling and work over services, projects services, and repair and maintenance services. The company also engages in rigs leasing, HR service, trading, training, and transportation equipment leasing activities. The company was founded in 2002 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
Saudi Arabian Market Performance
7D7 Days: 0.3%
3M3 Months: -3.6%
1Y1 Year: -10.3%
YTDYear to Date: -12.6%
In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 4.4%. The past year hasn't been profitable, with the market dropping 10%. Earnings are forecast to grow by 6.2% annually. Market details ›
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