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ADNOC Drilling Company P.J.S.C ADX:ADNOCDRILL Stock Report

Last Price

د.إ5.38

Market Cap

د.إ86.1b

7D

-5.4%

1Y

48.2%

Updated

19 Dec, 2024

Data

Company Financials +

ADNOC Drilling Company P.J.S.C.

ADX:ADNOCDRILL Stock Report

Market Cap: د.إ86.1b

ADNOCDRILL Stock Overview

Engages in the provision of drilling and construction services in in the United Arab Emirates. More details

ADNOCDRILL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance6/6
Financial Health3/6
Dividends1/6

Rewards

Revenue is forecast to grow 8.19% per year

Earnings grew by 31.6% over the past year

Risk Analysis

Has a high level of debt


My Notes

Capture your thoughts, links and company narrative

ADNOC Drilling Company P.J.S.C. Competitors

ADNOC Logistics & Services

ADX:ADNOCLS

د.إ40.3b

ADNOC Gas

ADX:ADNOCGAS

د.إ267.1b

NMDC Energy - P.J.S.C

ADX:NMDCENR

د.إ14.5b

China Oilfield Services

SEHK:2883

HK$58.1b

Price History & Performance

Summary of share price highs, lows and changes for ADNOC Drilling Company P.J.S.C
Historical stock prices
Current Share Priceد.إ5.38
52 Week Highد.إ5.94
52 Week Lowد.إ3.55
Beta0.40
1 Month Change0.94%
3 Month Change14.96%
1 Year Change48.21%
3 Year Change56.85%
5 Year Changen/a
Change since IPO82.37%

Recent News & Updates

We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

Dec 10
We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Nov 02
ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Oct 16
Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Recent updates

We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

Dec 10
We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Nov 02
ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Oct 16
Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Investors Should Be Encouraged By ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns On Capital

Sep 11
Investors Should Be Encouraged By ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns On Capital

Market Participants Recognise ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Earnings

Jun 26
Market Participants Recognise ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Earnings

Potential Upside For ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Not Without Risk

Mar 26
Potential Upside For ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Not Without Risk

ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Performance Is Even Better Than Its Earnings Suggest

Feb 19
ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Performance Is Even Better Than Its Earnings Suggest

ADNOC Drilling Company P.J.S.C. Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Feb 15
ADNOC Drilling Company P.J.S.C. Just Beat EPS By 7.1%: Here's What Analysts Think Will Happen Next

Under The Bonnet, ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns Look Impressive

Jan 08
Under The Bonnet, ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns Look Impressive

Shareholder Returns

ADNOCDRILLAE Energy ServicesAE Market
7D-5.4%-3.4%1.0%
1Y48.2%15.5%1.1%

Return vs Industry: ADNOCDRILL exceeded the AE Energy Services industry which returned 15.5% over the past year.

Return vs Market: ADNOCDRILL exceeded the AE Market which returned 1.1% over the past year.

Price Volatility

Is ADNOCDRILL's price volatile compared to industry and market?
ADNOCDRILL volatility
ADNOCDRILL Average Weekly Movement3.8%
Energy Services Industry Average Movement6.5%
Market Average Movement4.1%
10% most volatile stocks in AE Market8.8%
10% least volatile stocks in AE Market2.1%

Stable Share Price: ADNOCDRILL has not had significant price volatility in the past 3 months compared to the AE market.

Volatility Over Time: ADNOCDRILL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971n/aAbdulrahman Alseiariwww.adnocdrilling.ae

ADNOC Drilling Company P.J.S.C. engages in the provision of drilling and construction services in in the United Arab Emirates. The company operates through four segments: Onshore, Offshore Jackup, Offshore Island, and Oilfield Services. It provides onshore drilling and workover rigs, equipment, and related services; and rigs, equipment, and island rig services, as well as transportation, catering, diesel supply, and camp construction and accommodation services.

ADNOC Drilling Company P.J.S.C. Fundamentals Summary

How do ADNOC Drilling Company P.J.S.C's earnings and revenue compare to its market cap?
ADNOCDRILL fundamental statistics
Market capد.إ86.06b
Earnings (TTM)د.إ4.53b
Revenue (TTM)د.إ13.55b

19.0x

P/E Ratio

6.4x

P/S Ratio

Is ADNOCDRILL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADNOCDRILL income statement (TTM)
RevenueUS$3.69b
Cost of RevenueUS$2.12b
Gross ProfitUS$1.57b
Other ExpensesUS$338.66m
EarningsUS$1.23b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.077
Gross Margin42.63%
Net Profit Margin33.45%
Debt/Equity Ratio70.4%

How did ADNOCDRILL perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

61%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 18:51
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ADNOC Drilling Company P.J.S.C. is covered by 20 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shadab AshfaqAl Ramz Capital LLC
Nour SherifArqaam Capital Research Offshore S.A.L.
Soha SaniourArqaam Capital Research Offshore S.A.L.