- ADES

Saudi Stock Exchange (Kingdom of Saudi Arabia)
16.81 Last Update 21/09/2026 15:31 KSA
 
Negative
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Quotes

  • :17
  • :16.6
  • ('000):1,129,063
  • ( '000):18,979,549
  • :0


  • 909,140
  • :0
  • :
  • 52-W L52-W H
    16.81
    15.0719.94
  • 15.70%
  • 11.55%


  • 2,595

  • ():

    15,271,120.56
  • ():24,289,114
  • :0.63
  • Performance Comparison

At a Glance

  • :Saudi Stock Exchange
  • :Energy
  • :Med Cap
  • :Energy

  • Company Overview

  • :28/12/2022
  • :SAR 1,129,062,513
  • :SAR 1.000

Activities

ADES Holding Co. was incorporated on 4 Jumada Al-Akhirah 1444H (corresponding to 28 December 2022) as a mixed closed joint stock company limited. Headquartered in Al-Khobar, Saudi Arabia, Ades Holding Co. operates as a holding company specializing in providing offshore and onshore drilling services to the oil and gas sector. Through its subsidiaries, Ades Holding serves clients primarily in Saudi Arabia. The company plays a crucial role in supporting the energy industry by offering drilling solutions that contribute to oil and gas exploration and production. Ades Holding provides drilling services in offshore locations, including rig operations, well maintenance, and exploration. The company also offers onshore drilling services, supporting land-based oil and gas projects. Ades Holding has a strong presence in the Middle East and North Africa (MENA) region, with operations in countries such as Egypt, Algeria, and Saudi Arabia. Ades Holding's commitment to excellence and its role in supporting the energy industry make it a significant player in the drilling services sector.

Board of Directors:

  • Chairman:
    Ayman M. F. Abbas
  • Vice-chairman:
    Mohammad F. A. Abdulkhaleq
  • CEO:
    Mohammad F. A. Abdulkhaleq
  • Board Members:

    Abdurrahman K. A. Al-Zamil

    Fadi A. M. Al-Saeed

    Haitham M. Al-Fayez

    Hatem A. A. Sulaiman

    Kamel Ben-Naceur

    Miteb M. S. Al-Shetri

    Mohammed W. T. Cherif

  • Auditors:

    Ernst & Young

Senior Management

Chief Financial Officer (CFO)

Husein M. A. Badawi

Group General Counsel

Morcos William

Chief Operating Officer

Montasser Samy

VP - QHSSE & Sustainability

Mehdi Hamel

Chief Commercial & Strategy Officer

Ahmed Abdelhady

Vice President - Asset Management

Mohammed Saad

Chief People Officer

Manoj Parmesh

Chief IT Officer

Wissam Al-Adany

Vice President - Supply Chain

Ammar Abbas

News

ADES resumes work on all suspended Saudi offshore rigs (Arab News - 12/08/2026)

Saudi-listed offshore drilling contractor ADES Holding Co. has received resumption notices for all ...

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Saudi Arabia's ADES Holding halts 10 drilling rigs in Gulf due to Iran war (Arab News - 31/03/2026)

Oil drilling firm ADES Holding Co. has halted 10 rigs within the Gulf region due to the Iran war, ...

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ADES Holding Co. reports $218m net profit (Arab News - 31/03/2026)

Oil drilling firm ADES Holding Co. reported a net profit of SR818.01 million ($218.07 million) in ...

Read More ...

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Recent Profit / Loss Announcements

Announced On Period As Of Net Profit (SAR Mil) Growth (%)
11/05/2026 3-Month 31/03/2026 236 20.22
30/03/2026 12-Month 31/12/2025 818 0.22
03/11/2025 9-Month 30/09/2025 608 0.21
04/08/2025 6-Month 30/06/2025 388 -3.63
05/05/2025 3-Month 31/03/2025 197 -2.08
Contact Details

Related GCC Companies (Energy)

Market Cap
US$ Mil		 Last Price
Local Cry		 Price Change (%)
1 Day		 Price Change (%)
1 Year		 P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
SAUDIARAMCO 1,648,441.08 25.68 -0.85 4.45 15 0 0 0 0 0
ADNOCGAS 68,107.06 3.25 -0.62 -6.05 58.84 0 0 0 0 0
ADNOCDRILL 24,911.74 5.68 0.17 -2.56 62.58 0 0 0 0 0
ADNOCDIST 13,848.18 4.03 0 6.54 1.12 0 0 0.19 0 0
OQEP 9,954.82 0.48 0 33.33 12.47 0 0 0 0 0
PETRORABIGH 8,131.57 17.91 -0.5 164.64 17.56 1.54 0 1.31 1.6 10.52
BAHRI 6,925.67 35.42 1.02 42.16 4.9 1.37 0 0.89 4.56 10.09
ADES 5,109.2 16.81 -1.3 7.88 21.86 0 0 0 0 0
NMDCENR 3,919.68 2.82 0 17.55 11.34 0 0 0 0 0
OQGN 2,469.88 0.22 0 37.5 18.03 0 0 0 0 0
ARABIANDRILLING 2,212.94 94.2 1.39 22.76 -57.91 0 0 0 0 0
DANA 1,580.44 0.84 0 7.79 9.7 0.57 0 0.74 0.29 0
SSPW 643.4 0.26 0 44.44 10.97 2.64 0 0.41 3.19 11.61
ALFTAQA 505.56 265 0.37 0 19.54 0 0 0 0 0
NAPESCO 452.91 1,381 0.07 11.53 7.92 0 7.87 0.17 26.66 35.29
IPG 437.16 840 9.94 23.04 12.37 0 5.05 0.16 2.06 0
SARCO 224.66 53.3 -3.1 -3.93 -20.34 1.93 0 1.13 -0.03 -0.04
MHAS 214.65 1.2 0 21.21 10.52 1.61 0 0 3.58 9.18
OOMS 214.45 1.35 0 77.63 7.1 1.13 0 -0.15 6.12 12.87
ABAR 207.13 252 -0.79 45.35 6.58 0 0 0.14 1.28 4.01
SOMS 192.1 0.75 0 16.42 13.64 1.79 0 -0.03 13.92 33.32
MRNA 170.75 8.24 -1.79 -19.48 -55.44 0 0 0 0 0
SENERGY 157.93 238 1.27 172.62 76.52 0 0 0.29 -9.25 -14.12
VOES 46.11 0.19 0 126.19 13.01 0.49 0 0.31 7.81 14.41
ENERGYH 38.52 259 1.56 -16.99 -14.53 0 0 0.38 -40.08 -60.29
NGCI 24.24 0.11 0 37.5 -84.62 0.31 0 0.55 2.99 0
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