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Arabian Drilling Company: YTD revenue up 11% and EBITDA up 9%, with all unconventional rigs set for early deployment

Arabian Drilling Company: YTD revenue up 11% and EBITDA up 9%, with all unconventional rigs set for early deployment

Arabian Drilling Co.November 7, 20243
Arabian Drilling Company: YTD revenue up 11% and EBITDA up 9%, with all unconventional rigs set for early deployment

About this update from Arabian Drilling Co.

Revenue grew 11% year-over-year to SAR 2.77B YTD, with EBITDA up 9% and adjusted net income down 16%. Unconventional rig deployment is ahead of schedule, but Q3 saw sequential declines due to offshore rig suspensions.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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