- ADES

Saudi Stock Exchange (Kingdom of Saudi Arabia)
18.56 Last Update 23/04/2026 15:01 KSA
 
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Quotes

  • :18.77
  • :18.35
  • ('000):1,129,063
  • ( '000):20,955,409
  • :0


  • 3,499,641
  • :0
  • :
  • 52-W L52-W H
    18.56
    12.1619.38
  • 4.23%
  • 52.63%


  • 6,804

  • ():

    64,952,109.57
  • ():36,785,592
  • :1.77
  • 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. 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

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

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 ...

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Recent Profit / Loss Announcements

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
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 1,758,079.18 27.22 -0.15 6.48 18.95 0 0 0 0 0
ADNOCGAS 67,689.23 3.2 0.31 4.85 48.14 0 0 0 0 0
ADNOCDRILL 23,300.32 5.22 -0.58 9.18 59.12 0 0 0 0 0
OQEP 9,747.42 0.5 2.04 67.86 13.51 0 0 0 0 0
BAHRI 6,508.55 33.3 0.66 40.89 11.93 1.05 0 0.89 4.56 10.09
ADES 5,557.54 18.56 0.48 21.99 25.04 0 0 0 0 0
PETRORABIGH 4,791.66 11.5 6.87 51.55 -6.06 0 0 1.31 0 0
NMDCENR 3,824.41 2.83 2.16 18.07 8.77 0 0 0 0 0
OQGN 3,031.21 0.28 3.7 107.69 22.88 0 0 0 0 0
ARABIANDRILLING 2,102.65 87.6 -1.19 2.25 -104.85 0 0 0 0 0
DANA 1,732.77 0.93 3.33 16.67 13.38 0.5 0 0.74 0.29 0
ADNOCDIST 1,028.92 3.75 -0.27 15.6 1.33 0 0 0.19 0 0
SSPW 569.17 0.22 0 155.56 9.43 1.93 0 0.41 3.19 11.61
ALFTAQA 507.42 272 -0.37 0 26.99 0 0 0 0 0
NAPESCO 465.06 1,569 0 56.9 8.38 0 7.87 0.17 26.66 35.29
VOES 453.82 1.8 -2.71 211.67 12.21 2.65 0 0.31 7.81 14.41
IPG 385.56 631 -2.93 17.12 11.55 0 5.05 0.16 2.06 0
MHAS 221.81 1.22 2.52 21.57 13.89 1.34 0 0 3.58 9.18
SOMS 184.71 0.8 0 50 13.46 1.57 0 -0.03 13.92 33.32
SARCO 182.45 45.3 -0.75 -25.06 -11.38 2.24 0 1.13 -0.03 -0.04
OOMS 173.15 1.22 4.27 49.32 8.89 0.73 0 -0.15 6.12 12.87
MRNA 160.09 8.25 -1.91 -24.37 -114.27 0 0 0 0 0
ABAR 142.51 173 0.58 23.74 11.45 0 0 0.14 1.28 4.01
SENERGY 75.36 115 0 104.63 58.44 0 0 0.29 -9.25 -14.12
ENERGYH 37.63 263 3.95 11.95 25.77 0 0 0.38 -40.08 -60.29
NGCI 24.24 0.11 0 57.14 -12.36 0.22 0 0.55 2.99 0
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