Next report date
Report period
Q1 2024
EPS estimate
1.91SAR
Revenue estimate
964.32 MSAR
6.79SAR
604.61 MSAR
3.48 BSAR
26.70 M
About ARABIAN DRILLING CO.
Sector
Industry
CEO
Ghassan Abdulaziz Sulaiman Mirdad
Website
Headquarters
Al-Khobar
Founded
1964
ISIN
SA15L1I156H7
FIGI
BBG019QX36M7
Arabian Drilling Co. engages in providing onshore and offshore oil and gas drilling services. It operates through the Onshore and Offshore segments. The Onshore segment provides medium to ultra-heavy rigs, capable of handling complicated horizontal drilling operations. The Offshore segment includes ultra-heavy-duty jack-up rigs outfitted. The company was founded on April 7, 1964 and is headquartered in Al-Khobar, Saudi Arabia.
2381|Arabian Drilling📊 Arabian Drilling
📈Triple bottom pattern
📈And in the process of forming the fifth Elliott wave, which will move us 50% higher 🚀
🏷 Current price is175.80 riyals
🎯Goals: from 192 to 260 riyals
👇The rest of the details are in the chart!
Good luck!
🤝Please do not forget to support, cheers, likes, com
ARABIAN DRILLING CO. (2381)The price action is moving in an ascending parallel channel and gives closing at 203 in the last trading session. First support lies in the range of 200-198 and second support around 190-188. If it sustains the support zone then buying opportunities will establish. On the flip side, resistance lies
2381
Arabian Drilling Company (ADC) is an onshore and offshore oil and gas rig drilling company headquartered in Al Khobar, Saudi Arabia. It was founded in 1981 and is one of the largest drilling companies in the Middle East. ADC has a fleet of over 45 rigs, which operate in Saudi Arabia, the United Ara
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Frequently Asked Questions
The current price of 2381 is 152.00 SAR — it has decreased by 0.91% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on TADAWUL exchange ARABIAN DRILLING CO. stocks are traded under the ticker 2381.
ARABIAN DRILLING CO. is going to release the next earnings report on May 13, 2024. Keep track of upcoming events with our Earnings Calendar.
2381 stock is 2.38% volatile and has beta coefficient of 0.48. Check out the list of the most volatile stocks — is ARABIAN DRILLING CO. there?
2381 earnings for the last quarter are 1.58 SAR per share, whereas the estimation was 1.79 SAR resulting in a −11.73% surprise. The estimated earnings for the next quarter are 1.77 SAR per share. See more details about ARABIAN DRILLING CO. earnings.
ARABIAN DRILLING CO. revenue for the last quarter amounts to 920.00 M SAR despite the estimated figure of 878.30 M SAR. In the next quarter revenue is expected to reach 971.74 M SAR.
Yes, you can track ARABIAN DRILLING CO. financials in yearly and quarterly reports right on TradingView.
2381 stock has fallen by 5.35% compared to the previous week, the month change is a 12.44% fall, over the last year ARABIAN DRILLING CO. has showed a 0.26% increase.
2381 net income for the last quarter is 182.81 M SAR, while the quarter before that showed 140.04 M SAR of net income which accounts for 30.54% change. Track more ARABIAN DRILLING CO. financial stats to get the full picture.
Today ARABIAN DRILLING CO. has the market capitalization of 13.53 B, it has decreased by 1.27% over the last week.
Like other stocks, 2381 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ARABIAN DRILLING CO. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ARABIAN DRILLING CO. technincal analysis shows the sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ARABIAN DRILLING CO. stock shows the strong sell signal. See more of ARABIAN DRILLING CO. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ARABIAN DRILLING CO. future price: according to them, 2381 price has a max estimate of 200.00 SAR and a min estimate of 136.00 SAR. Read a more detailed ARABIAN DRILLING CO. forecast: see what analysts think of ARABIAN DRILLING CO. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ARABIAN DRILLING CO. EBITDA is 1.48 B SAR, and current EBITDA margin is 42.99%. See more stats in ARABIAN DRILLING CO. financial statements.