Arabian Drilling Co (2381)

Currency in SAR
91.10
-0.70(-0.76%)
Closed·
2381 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
91.1092.90
52 wk Range
72.00107.00
Key Statistics
Bid/Ask
91.10 / 91.40
Prev. Close
91.8
Open
91.8
Day's Range
91.1-92.9
52 wk Range
72-107
Volume
72.43K
Average Volume (3m)
239.19K
1-Year Change
-12.4038%
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
101.55
Upside
+11.47%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Arabian Drilling Co News & Analysis

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Technical Analysis

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

Arabian Drilling Company Profile

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, mobilization, manpower, and other services. The company was founded in 1964 and is based in Al Khobar, Saudi Arabia.

Arabian Drilling Co Earnings Call Summary for Q3/2025

  • Arabian Drilling reported Q3 2025 revenue down 5.8% YoY to SAR 2.6B with net income plunging 70.8%, while stock rose 2.19% to 93.2 SAR despite financial setbacks.
  • The company maintained a stable net debt of SAR 2.7B with a 2x net debt to EBITDA ratio, while its cost optimization program delivered SAR 19M in Q3 savings.
  • Operational challenges included decreased active rigs (48 to 45) and lower utilization rate (73.8%), though the company reactivated five rigs and commenced its first international contract.
  • For Q4 2025, management forecasts revenue to remain flat or decline up to 5%, with reduced CapEx guidance to SAR 800M for 2025 and expected utilization recovery to 80% by Q2 2026.
  • CEO Ghassan Mirdad emphasized positioning for recovery and long-term growth, with all 11 offshore rigs expected to be utilized by Q2 2026.
Last Updated: 03/11/2025, 13:04
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Compare 2381 to Peers and Sector

Metrics to compare
2381
Peers
Sector
Relationship
P/E Ratio
57.0x16.0x6.0x
PEG Ratio
−0.850.060.00
Price/Book
1.4x1.9x1.1x
Price / LTM Sales
2.4x1.5x1.3x
Upside (Analyst Target)
15.5%10.5%12.8%
Fair Value Upside
Unlock0.9%5.7%Unlock

Analyst Ratings

6 Buy
4 Hold
1 Sell
Ratings:
11 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 101.55
(+11.47% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
UBS
Buy86.00-5.60%98.00Upgrade17/08/2025
Morgan Stanley
Buy99.00+8.67%118.00Upgrade07/07/2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.61%
Dividend Yield
2.94%
Industry Median 2.57%
Annualised payout
2.70
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 03, 2025
EPS / Forecast
-0.1057 / 0.1609
Revenue / Forecast
835.43M / 825.26M
EPS Revisions
Last 90 days

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FAQ

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

The live Arabian Drilling share price today is 91.10

What Stock Exchange Does Arabian Drilling (2381) Trade On?

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

What Is the Ticker (Stock Symbol) for Arabian Drilling?

The stock symbol (also called a 'ticker') for Arabian Drilling is "2381."

Does Arabian Drilling Pay Dividends? What’s The Current 2381 Dividend Yield?

Yes, 2381 Pays Dividends to its Shareholders. The current Arabian Drilling dividend yield is 2.96%.

What Is the Current Arabian Drilling Market Cap?

As of today, Arabian Drilling market capitalisation is 8.17B.

What Is Arabian Drilling's (2381) Earnings Per Share (TTM)?

The Arabian Drilling EPS is currently 1.61 (Trailing Twelve Months).

When Is the Next Arabian Drilling Earnings Date?

Arabian Drilling's next earnings report will be released on 17/03/2026.

Is 2381 a Buy or Sell From a Technical Analyst Perspective?

Based on today's Arabian Drilling moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Arabian Drilling Stock Split?

Arabian Drilling has split 0 times. (See the 2381 stock split history page for full effective split date and price information.)

How Many Employees Does Arabian Drilling Have?

Arabian Drilling has 4419 employees.

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

As of 18/02/2026, Arabian Drilling (2381) is trading at a price of 91.10, with a previous close of 91.80. The stock has fluctuated within a day range of 91.10 to 92.90, while its 52-week range spans from 72.00 to 107.00.

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

The average 12-month price target for Arabian Drilling is SAR101.55, with a high estimate of SAR118 and a low estimate of SAR71. 6 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +11.47% Upside potential.
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