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Arabian Drilling

2 articles

Arabian Drilling Q1 Profit Beats Estimates

Arabian Drilling posted Q1 2026 revenue of SAR821.6 million, a 0.3% quarterly decline and 9.8% YoY drop, matching expectations. EBITDA rose 9.7% quarter‑on‑quarter to SAR289.0 million, driven by react

Arabian Drilling Q1 Profit Beats Expectations

Arabian Drilling Q1 2026 revenue SAR821.6 million, 0.3% down QoQ and 9.8% down YoY, matching expectations. EBITDA rose 9.7% QoQ to SAR289.0 million, driven by reactivated rigs and higher utilization.