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Arabian Drilling Company JSC (Saudi Arabia)

Main Activities: Drilling Oil and Gas Wells
Full name: Arabian Drilling Company JSC Profile Updated: November 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Arabian Drilling Company, which is a Saudi Joint Stock Company, is engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs and related activities. The company serves clients including Saudi Aramco, Al-Khafji Joint Operations (KJO), SLB, as well as Baker Hughes, and has a large fleet of 45 onshore and offshore rigs operated by highly skilled, qualified, and professional staff, that are built to withstand the harsh weather conditions found in the Middle East region.

Headquarters
Aljawharah District, P.O.Box 4110
Khobar; Eastern Province; Postal Code: 31952

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Website: http://www.arabdrill.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1964
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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35.7%
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34.3%
Subsidiaries
Ofsat Arabia Llc
100%
Company Performance
Financial values in the chart are available after Arabian Drilling Company JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
11.23%
Total operating revenue
11.53%
Operating profit (EBIT)
-22.25%
EBITDA
-0.41%
Net Profit (Loss) for the Period
-40.44%
Total assets
3.13%
Total equity
-2.37%
Operating Profit Margin (ROS)
-6.75%
Net Profit Margin
-7.87%
Return on Equity (ROE)
-2.74%
Debt to Equity Ratio
8.29%
Quick Ratio
-1.27%
Cash Ratio
-1.09%

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