Arabian Drilling (2381) Stock Overview
Operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
2381 Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Arabian Drilling Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ر.س77.80 |
| 52 Week High | ر.س145.20 |
| 52 Week Low | ر.س78.60 |
| Beta | 0.80 |
| 1 Month Change | -6.15% |
| 3 Month Change | -15.25% |
| 1 Year Change | -39.78% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -36.75% |
Recent News & Updates
Arabian Drilling Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 16
Returns At Arabian Drilling (TADAWUL:2381) Appear To Be Weighed Down
May 08Recent updates
Arabian Drilling Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 16Returns At Arabian Drilling (TADAWUL:2381) Appear To Be Weighed Down
May 08
New Rigs And Saudi Gas Exploration Will Strengthen Future Market Position
Strategic alliances and deployment of unconventional rigs are expected to significantly drive international and revenue growth for Arabian Drilling.Arabian Drilling Company's (TADAWUL:2381) Business And Shares Still Trailing The Market
Feb 26Returns On Capital Are Showing Encouraging Signs At Arabian Drilling (TADAWUL:2381)
Jan 18We Like These Underlying Return On Capital Trends At Arabian Drilling (TADAWUL:2381)
Oct 05Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Jun 19Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled
Feb 22Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Nov 08Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results
Nov 08Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?
Jul 18Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now
Feb 13Shareholder Returns
| 2381 | SA Energy Services | SA Market | |
|---|---|---|---|
| 7D | -6.9% | 2.1% | 0.3% |
| 1Y | -39.8% | 5.9% | -10.4% |
Return vs Industry: 2381 underperformed the SA Energy Services industry which returned 5.9% over the past year.
Return vs Market: 2381 underperformed the SA Market which returned -10.4% over the past year.
Price Volatility
| 2381 volatility | |
|---|---|
| 2381 Average Weekly Movement | 4.9% |
| Energy Services Industry Average Movement | 6.7% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in SA Market | 7.7% |
| 10% least volatile stocks in SA Market | 3.2% |
Stable Share Price: 2381 has not had significant price volatility in the past 3 months compared to the SA market.
Volatility Over Time: 2381's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | n/a | Ghassan Abdulaziz Mirdad | www.arabdrill.com |
Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its 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.
Arabian Drilling Company Fundamentals Summary
| 2381 fundamental statistics | |
|---|---|
| Market cap | ر.س7.28b |
| Earnings (TTM) | ر.س250.31m |
| Revenue (TTM) | ر.س3.56b |
Is 2381 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2381 income statement (TTM) | |
|---|---|
| Revenue | ر.س3.56b |
| Cost of Revenue | ر.س2.89b |
| Gross Profit | ر.س671.16m |
| Other Expenses | ر.س420.86m |
| Earnings | ر.س250.31m |
Last Reported Earnings
Mar 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.81 |
| Gross Margin | 18.84% |
| Net Profit Margin | 7.02% |
| Debt/Equity Ratio | 52.1% |
How did 2381 perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/12 13:43 |
| End of Day Share Price | 2025/06/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Arabian Drilling Company is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Madhu Appissa | Al Rajhi Capital |
| Mazen Al-Sudairi | Al Rajhi Capital |