ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production facilities in Egypt, Algeria, Kuwait, Tunisia, Qatar, India, and the Kingdom of Saudi Arabia. Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and mobile offshore production unit production services, as well as accommodation, catering, and other barge-based support services. Its onshore services include drilling and work over services, projects services, as well as repair and maintenance services. The company also engages in operating and leasing of rigs, trading, training, leasing of transportation equipment, and oil and gas projects investment activities. The company was incorporated in 2022 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
Metrics to compare | 2382 | Peers Peers - average of corresponding metrics from companies closely matching 2382: 2381, ADNOCDRILL, 2222, ABRJ, ABAR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship Relationship2382PeersSector |
---|---|---|---|---|
P/E Ratio | 26.2x | 10.9x | 4.6x | |
PEG Ratio | 1.31 | 0.02 | 0.00 | |
Price/Book | 3.2x | 1.3x | 1.1x | |
Price / LTM Sales | 3.4x | 1.1x | 1.1x | |
Upside (Analyst Target) | 8.0% | 42.1% | 31.4% | |
Fair Value Upside | Unlock | 14.9% | 9.2% | Unlock |