Arabian Drilling Co (2381)

Currency in SAR
92.10
+0.10(+0.11%)
Closed·
2381 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
91.1592.25
52 wk Range
72.15107.00
Key Statistics
Bid/Ask
92.10 / 92.20
Prev. Close
92
Open
91.5
Day's Range
91.15-92.25
52 wk Range
72.15-107
Volume
72.12K
Average Volume (3m)
161.39K
1-Year Change
9.7082%
Fair Value
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Fair Value Upside
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2381 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
98.28
Upside
+6.71%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period

Arabian Drilling Co News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

7 Buy
3 Hold
2 Sell
Ratings:
12 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 98.28
(+6.71% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy86.00-6.62%98.00UpgradeAug 17, 2025

Arabian Drilling Co Earnings Call Summary for Q1/2026

  • Q1 2026 EPS of $0.0796 missed forecast of $0.658 by 87.9%; revenue fell 6.17% short at $821.6M vs. $875.58M expected
  • Returned to profitability with SAR 7M net income vs. SAR 34M Q4 loss; EBITDA margin improved to 35.2% despite 24.1% YoY decline
  • Record backlog reached SAR 12.5B; expanded into GCC region as part of strategic geographic diversification initiative
  • Q2 2026 revenue expected to decline up to 12% due to regional conflicts temporarily suspending offshore operations
  • Stock rose 1.33% to $87.35 post-earnings despite misses, reflecting investor confidence in cost optimization and international expansion plans
Last Updated: 2026-05-15, 05:00 a/m
Read Full Transcript

Earnings

Latest Release
May 10, 2026
EPS / Forecast
0.08 / 0.66
Revenue / Forecast
821.61M / 875.58M
EPS Revisions
Last 90 days

2381 Income Statement

Compare 2381 to Peers and Sector

Metrics to compare
2381
Peers
Sector
Relationship
P/E Ratio
−57.1x15.0x5.1x
PEG Ratio
0.36−0.430.00
Price/Book
1.4x1.0x1.1x
Price / LTM Sales
2.4x1.1x1.4x
Upside (Analyst Target)
8.7%24.1%36.2%
Fair Value Upside
Unlock22.4%8.0%Unlock

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. The company’s 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, mobilisation, manpower, and other services. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
2.54M2.85%233.50M
Other Institutional Investors
62.30M70.00%5.73B
Public Companies & Retail Investors
24.16M27.15%2.22B
Total
89M100.00%8.19B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
The Industrialization Energy Services Company35.70%31,773,0002,923,116
SLB N.V.34.30%30,527,0002,808,484

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FAQ

What Is the Arabian Drilling (2381) Stock Price Today?

The Arabian Drilling stock price today is 92.10 SAR.

What Stock Exchange Does Arabian Drilling Trade On?

Arabian Drilling is listed and trades on the Saudi Arabia Stock Exchange.

What Is the Stock Symbol for Arabian Drilling?

The stock symbol for Arabian Drilling is "2381."

What Is the Arabian Drilling Market Cap?

As of today, Arabian Drilling market cap is 8.19B SAR.

What Is Arabian Drilling's Earnings Per Share (TTM)?

The Arabian Drilling EPS (TTM) is -1.61.

When Is the Next Arabian Drilling Earnings Date?

Arabian Drilling will release its next earnings report on Aug 05, 2026.

From a Technical Analysis Perspective, Is 2381 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Arabian Drilling Stock Split?

Arabian Drilling has split 0 times.

How Many Employees Does Arabian Drilling Have?

Arabian Drilling has 4419 employees.

What is the current trading status of Arabian Drilling (2381)?

As of Jul 07, 2026, Arabian Drilling (2381) is trading at a price of 92.10 SAR, with a previous close of 92.00 SAR. The stock has fluctuated within a day range of 91.15 SAR to 92.25 SAR, while its 52-week range spans from 72.15 SAR to 107.00 SAR.

What Is Arabian Drilling (2381) Price Target According to Analysts?

The average 12-month price target for Arabian Drilling is 98.28 SAR, with a high estimate of 121 SAR and a low estimate of 68 SAR. 7 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Buy. The stock has an +6.71% Upside potential.
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