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Adnoc Drilling Company P.J.S.C (United Arab Emirates)

Main Activities: Drilling Oil and Gas Wells | Petroleum and Coal Products Manufacturing
Full name: Adnoc Drilling Company P.J.S.C Profile Updated: August 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Adnoc Drilling Company is the first fully owned Abu Dhabi National Oil Company (ADNOC) Group company. The Supreme Council for Financial and Economic Affairs has granted ADNOC the rights to explore, extract, refine, produce, transport, store, distribute, sell and export petroleum, gas and all other hydrocarbons and their derivatives. The company is committed to the continual improvement of its environmental performance, including reduction of CO2 emissions by more than 147,000 tons from 2014-20 through energy conservation, reduction in annual diesel use by 13.6 million gallons from 2014-20 through efficient technology and lowering fuel wastage and reduction in energy emissions reduced by 27% since 2014.

Headquarters
Sheikh Zayed Street, Corniche Road West Zone 1 - E-17, P.O. Box 4017
Abu Dhabi; Northern Emirates;

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Website: http://adnocdrilling.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1972
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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5%
Subsidiaries
Adh Rsc Ltd
100%
Turnwell Industries Llc Opc
Company Performance
Financial values in the chart are available after Adnoc Drilling Company P.J.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
46.77%
Total operating revenue
46.86%
Operating profit (EBIT)
83.95%
EBITDA
60.08%
Net Profit (Loss) for the Period
59.21%
Total assets
40.95%
Total equity
26.5%
Operating Profit Margin (ROS)
7.67%
Net Profit Margin
2.49%
Return on Equity (ROE)
5.45%
Debt to Equity Ratio
14.82%
Quick Ratio
-0.6%
Cash Ratio
-0.23%

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