- ADES

Saudi Stock Exchange (Kingdom of Saudi Arabia)
18.21 Last Update 09/04/2026 15:01 KSA
 
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  • :18.25
  • :18.02
  • ('000):1,129,063
  • ( '000):20,560,237
  • :0


  • 2,210,869
  • :0
  • :
  • 52-W L52-W H
    18.21
    12.1619.38
  • 6.04%
  • 49.75%


  • 5,404

  • ():

    40,112,212.17
  • ():39,430,328
  • :1.02
  • Performance Comparison
  • :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.

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

    Abdurrahman K. A. Al-Zamil

    Fadi A. M. Al-Saeed

    Hatem A. A. Sulaiman

    Miteb M. S. Al-Shetri

  • Auditors:

    Ernst & Young

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
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 ...

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Suspension of operations on some GCC rigs will be short-term, says ADES (Arab News - 25/03/2026)

Oil drilling firm ADES Holding Co. said the suspension of operations at several Gulf Cooperation Council ...

Read More ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
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
24/02/2025 12-Month 31/12/2024 816 80.54
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 1,740,021.14 27.2 0.81 6.22 18.76 0 0 0 0 0
ADNOCGAS 66,435.72 3.27 -0.31 10.03 47.25 0 0 0 0 0
ADNOCDRILL 22,429.28 5.26 -0.57 5.53 56.91 0 0 0 0 0
OQEP 10,162.21 0.47 0 68.97 14.08 0 0 0 0 0
BAHRI 6,465.27 33.14 0.85 34.67 11.85 1.05 0 0.89 4.56 10.09
ADES 5,500.37 18.21 -0.39 20.26 24.78 0 0 0 0 0
PETRORABIGH 4,506.65 10.55 4.24 41.14 -5.7 0 0 1.31 0 0
NMDCENR 3,307.23 2.66 0.75 7.05 7.58 0 0 0 0 0
OQGN 3,031.21 0.27 -3.58 107.69 22.88 0 0 0 0 0
ARABIANDRILLING 1,946.1 81.55 -0.61 -7.29 -97.04 0 0 0 0 0
DANA 1,656.6 0.9 -1.1 14.47 11.66 0.5 0 0.74 0.29 0
ADNOCDIST 1,026.19 3.75 -3.36 16.36 1.32 0 0 0.19 0 0
SSPW 593.91 0.23 0 166.67 9.84 1.93 0 0.41 3.19 11.61
ALFTAQA 501.85 267 -1.12 0 33.02 0 0 0 0 0
NAPESCO 463.87 1,565 0 57.6 6.61 0 7.87 0.17 26.66 35.29
VOES 456.24 1.87 0 224.14 12.27 2.65 0 0.31 7.81 14.41
IPG 415.81 666 -5 25.18 12.46 0 5.05 0.16 2.06 0
MHAS 241.48 1.24 0 32.35 15.12 1.34 0 0 3.58 9.18
SARCO 186.12 45.42 -2.45 -24.29 -11.6 2.24 0 1.13 -0.03 -0.04
SOMS 184.71 0.75 0 47.06 13.46 1.57 0 -0.03 13.92 33.32
OOMS 168.38 1.09 2.83 47.22 8.65 0.73 0 -0.15 6.12 12.87
MRNA 167.9 8.86 0.45 -19.38 625.53 0 0 0 0 0
ABAR 135.88 163 -0.61 18.84 11.04 0 0 0.14 1.28 4.01
SENERGY 65.66 107 6.78 100.4 50.92 0 0 0.29 -9.25 -14.12
ENERGYH 30.79 218 5.31 11.89 -89.37 0 0 0.38 -40.08 -60.29
NGCI 22.04 0.11 10 42.86 -11.24 0.22 0 0.55 2.99 0