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Arabian Drilling SASE:2381 Stock Report

Last Price

ر.س117.60

Market Cap

ر.س10.4b

7D

-2.8%

1Y

-36.6%

Updated

29 Aug, 2024

Data

Company Financials +

Arabian Drilling Company

SASE:2381 Stock Report

Market Cap: ر.س10.4b

Arabian Drilling Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arabian Drilling
Historical stock prices
Current Share Priceر.س117.60
52 Week Highر.س214.20
52 Week Lowر.س112.00
Beta0
11 Month Change-10.91%
3 Month Change-12.76%
1 Year Change-36.64%
33 Year Changen/a
5 Year Changen/a
Change since IPO-4.39%

Recent News & Updates

Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings

Aug 13
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings

Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Aug 10
Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Recent updates

Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings

Aug 13
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings

Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Aug 10
Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement

Jun 19
Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement

Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 22
Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates

Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled

Feb 22
Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled

Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement

Nov 08
Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement

Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results

Nov 08
Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results

Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?

Jul 18
Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?

Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now

Feb 13
Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now

Shareholder Returns

2381SA Energy ServicesSA Market
7D-2.8%0.8%0.5%
1Y-36.6%-3.0%-12.2%

Return vs Industry: 2381 underperformed the SA Energy Services industry which returned -3.2% over the past year.

Return vs Market: 2381 underperformed the SA Market which returned -12.9% over the past year.

Price Volatility

Is 2381's price volatile compared to industry and market?
2381 volatility
2381 Average Weekly Movement4.7%
Energy Services Industry Average Movement6.1%
Market Average Movement4.6%
10% most volatile stocks in SA Market7.7%
10% least volatile stocks in SA Market2.8%

Stable Share Price: 2381 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2381's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964n/aGhassan Abdulaziz Mirdadwww.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

How do Arabian Drilling's earnings and revenue compare to its market cap?
2381 fundamental statistics
Market capر.س10.45b
Earnings (TTM)ر.س489.28m
Revenue (TTM)ر.س3.81b

21.4x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2381 income statement (TTM)
Revenueر.س3.81b
Cost of Revenueر.س2.77b
Gross Profitر.س1.04b
Other Expensesر.س553.21m
Earningsر.س489.28m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.50
Gross Margin27.34%
Net Profit Margin12.83%
Debt/Equity Ratio50.9%

How did 2381 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

71%

Payout Ratio