ADNOC Drilling Company P.J.S.C.

ADX:ADNOCDRILL Stock Report

Market Cap: د.إ97.4b

ADNOC Drilling Company P.J.S.C Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Abdulla Al Messabi

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage62.50%
CEO tenure1yr
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Narrative Update Apr 08

ADNOCDRILL: Upcoming Board Dividend Decision Will Support Attractive Return Potential

Analysts have made a small upward revision to the AED fair value estimate for ADNOC Drilling Company P.J.S.C., reflecting slightly adjusted assumptions around discount rate, revenue growth, profit margins and future P/E that together support a modest increase in the implied price target. What's in the News The board has scheduled a meeting for Feb 11, 2026, at 11:00 Coordinated Universal Time to review and approve the audited annual financial statements for the year ended Dec 31, 2025 (Key Developments).
Narrative Update Mar 25

ADNOCDRILL: Upcoming Dividend Decision Will Support Attractive Forward Return Potential

Analysts have trimmed their AED price target for ADNOC Drilling Company P.J.S.C. slightly, moving it from about AED 6.58 to around AED 6.52, reflecting updated assumptions on discount rates, revenue growth, profit margins, and future P/E levels. What's in the News A board meeting is scheduled for 11 February 2026 at 11:00 Coordinated Universal Time to review and approve the audited annual financial statements for the year ended 31 December 2025 (company disclosure).
Narrative Update Mar 10

ADNOCDRILL: Forthcoming Dividend Decision Will Support Earnings Quality And Total Returns

Analysts have made a small upward adjustment to their fair value estimate for ADNOC Drilling Company P.J.S.C. to AED 6.58 per share. This reflects fine tuning of assumptions for discount rate, long term revenue growth, profit margins and future P/E multiples rather than any major shift in the investment story.
Narrative Update Feb 22

ADNOCDRILL: Upcoming Dividend Decision Will Support Earnings Quality And Future Returns

Analysts have slightly reduced their price target for ADNOC Drilling Company P.J.S.C. to AED 6.58 from AED 6.61, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled for Feb 11, 2026 at 11:00 Coordinated Universal Time to review audited annual financial statements for the year ended Dec 31, 2025 (Key Developments) Board to consider a proposal for a cash dividend distribution to shareholders for the fourth quarter of the 2025 financial year (Key Developments) Board to consider inviting the annual general assembly to convene, set the meeting date, and define its agenda (Key Developments) Board to review other general matters related to the company’s activities and projects (Key Developments) Valuation Changes Fair Value: AED 6.58, slightly below the prior AED 6.61, indicating a small downward adjustment to the central valuation estimate.
Analysis Article Feb 13

ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Price Is Out Of Tune With Earnings

When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 11x, you...
Narrative Update Feb 08

ADNOCDRILL: Refined 2025 Assumptions Will Support Earnings Quality And Returns

Analysts have made a small downward revision to their price target for ADNOC Drilling Company P.J.S.C., trimming fair value slightly as they factor in marginally lower projected revenue growth, profit margins, and a modestly higher future P/E multiple. Valuation Changes Fair Value: Trimmed slightly from AED 6.62 to about AED 6.61 per share, reflecting a modest adjustment in the modelled outlook.
Narrative Update Jan 25

ADNOCDRILL: Updated 2025 Guidance Will Support Earnings Quality And Future Returns

Analysts have trimmed their price target for ADNOC Drilling Company P.J.S.C. slightly to around US$6.62 from about US$6.64, reflecting updated views on revenue growth, profit margin expectations, and forward P/E assumptions. What's in the News ADNOC Drilling updated its 2025 revenue guidance to a range of US$4.75b to US$4.85b, compared with the previous range of US$4.65b to US$4.80b (company guidance).
Narrative Update Jan 09

ADNOCDRILL: Higher 2025 Guidance And Dividend Plans Will Support Future Returns

Analysts have nudged their fair value estimate for ADNOC Drilling Company P.J.S.C. slightly higher to about $6.64 per share, reflecting updated assumptions around revenue, profit margins and future P/E that collectively support a modestly higher price target. What's in the News Updated full year 2025 revenue guidance to a range of US$4.75b to US$4.85b, compared with the previous range of US$4.65b to US$4.80b (company guidance).
Narrative Update Dec 14

ADNOCDRILL: Rising 2025 Dividends Will Support Strong Future Shareholder Returns

Analysts have made a marginal downward adjustment to their price target for ADNOC Drilling Company P.J.S.C., trimming it by approximately AED 0.00. This reflects slightly higher perceived risk and only incremental changes to long term growth and profitability assumptions.
Analysis Article Dec 05

Returns on Capital Paint A Bright Future For ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Nov 28

ADNOCDRILL: Dividend Increases And Stronger Revenue Outlook Will Drive Earnings Upside

Analysts have slightly raised their price target for ADNOC Drilling Company P.J.S.C. from $6.61 to $6.62, citing modest expectations for improved revenue growth. This adjustment comes despite a minor decrease in projected profit margins as well as a small increase in the projected discount rate and future P/E ratio.
Narrative Update Nov 10

ADNOCDRILL: Profit Margin Improvement Will Drive Earnings and Dividend Upside

Analysts have raised their price target for ADNOC Drilling Company P.J.S.C. from approximately $6.52 to $6.61 per share, citing improved profit margin forecasts and adjustments in revenue growth expectations. What's in the News Full-year 2025 earnings guidance updated, with revenue now expected between USD 4.75 billion and USD 4.85 billion, and net profit projected at USD 1.40 billion to USD 1.45 billion.
Analysis Article Oct 30

Analysts Have Made A Financial Statement On ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Third-Quarter Report

A week ago, ADNOC Drilling Company P.J.S.C. ( ADX:ADNOCDRILL ) came out with a strong set of third-quarter numbers that...
Narrative Update Oct 27

Dividend Approvals And Upward Profit Margin Will Shape Future Energy Security

Analysts have slightly lowered their price target for ADNOC Drilling Company P.J.S.C. from $6.55 to $6.52, citing modest adjustments in revenue growth forecasts and discount rates. What's in the News Board meeting scheduled for October 27, 2025, to consider and approve third quarter 2025 financial statements, interim cash dividend distribution, and other general matters.
Analysis Article Oct 13

ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Business Is Yet to Catch Up With Its Share Price

When close to half the companies in the United Arab Emirates have price-to-earnings ratios (or "P/E's") below 12x, you...
Narrative Update Oct 10

Integrated Drilling And Oman-Kuwait Deals Will Secure Future Energy

Analysts have raised their price target for ADNOC Drilling Company P.J.S.C. to $6.55 per share, up from $6.44. They cite slight improvements in profit margins and discount rates, even though revenue growth forecasts have been reduced.
Analysis Article Aug 02

The ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a good week for ADNOC Drilling Company P.J.S.C. ( ADX:ADNOCDRILL ) shareholders, because the company has just...
Analysis Article Jul 22

The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
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New Narrative Feb 13

Expansion Into Jordan, Kuwait, And Oman Will Diversify Operations And Strengthen International Presence

Expansion of rig fleet and operational efficiency aims to support significant revenue growth and achieve targeted oil production goals.

CEO Compensation Analysis

How has Abdulla Al Messabi's remuneration changed compared to ADNOC Drilling Company P.J.S.C's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$1b

Dec 31 2025US$1mUS$724k

US$1b

Compensation vs Market: Abdulla's total compensation ($USD1.16M) is about average for companies of similar size in the AE market ($USD1.14M).

Compensation vs Earnings: Insufficient data to compare Abdulla's compensation with company performance.


CEO

Abdulla Al Messabi

1yr
Tenure
US$1,158,979
Compensation

Mr. Abdulla Ateya Al Messabi is Chief Executive Officer of ADNOC Drilling Company P.J.S.C. from June 2025. He is an industry specialist with experience and a track record in leadership and value creation i...


Leadership Team

NamePositionTenureCompensationOwnership
Abdulla Al Messabi
Chief Executive Officer1yrUS$1.16mno data
Youssef El-Sayed Fathy Salem
Chief Financial Officer2.7yrsUS$827.71kno data
Emri Zeineldin
Senior Vice President of Oil Field Services7.5yrsUS$638.61kno data
Sultan Al Mansoori
Senior Vice President Operations of Onshore3.7yrsUS$680.21kno data
Yousuf Alkhoori
Senior Vice President of Finance & Control1.4yrsUS$838.33kno data
Adel Al Marzooqi
Senior Vice President Operations of Offshore1.4yrsUS$1.20mno data
Mariam Al Suwaidi
Senior Vice President of Shared Servicesno dataUS$5.10mno data
Neha Chaudhari
Senior Vice President of Investmentno datano datano data
Massimiliano Cominelli
Vice President of Investor Relations3.3yrsno datano data
Elias Tarawneh
General Counsel2.8yrsUS$120.33kno data
Manal Al Mazrouei
Senior Vice President of Commercial & Business Developmentno datano datano data
Mann Aydi
Board Secretary4.7yrsno datano data
2.8yrs
Average Tenure

Experienced Management: ADNOCDRILL's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sultan Ahmed Al Jaber Ahmed Sultan Aljaber
Independent Non-Executive Chairman4.8yrsno datano data
Abdulmunim Saif Hamoud Alkindy
Independent Non-Executive Vice Chairman4.8yrsno data0.0041%
AED 4.0m
Mohamed AlAryani
Independent Non-Executive Director4.8yrsno data0.0027%
AED 2.6m
Khaled Mohamed Abdulla Alzaabi
Independent Non-Executive Director2.3yrsno data0.00053%
AED 516.2k
Abdulla Al Jarwan
Independent Non-Executive Director2.3yrsno datano data
Katherine Wallgren
Independent Non-Executive Director2.3yrsno datano data
Musabbeh Al Kaabi
Independent Vice Chairman2.3yrsno datano data
2.3yrs
Average Tenure
53yo
Average Age

Experienced Board: ADNOCDRILL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 07:11
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

ADNOC Drilling Company P.J.S.C. is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Soha SaniourArqaam Capital Research Offshore S.A.L.
Passant MohamedArqaam Capital Research Offshore S.A.L.
Nour SherifArqaam Capital Research Offshore S.A.L.