ADNOC Drilling Potential Reversal from Demand ZoneADNOC Drilling bouncing from a 1H DZ, and rejected the Daily trend line, this is a good indication for upward momentum, after disappointing Earnings but positive 11% revenue higher than estimates.
Enter around 5.58 with potential target at 6 (Supply Zone)
SL 5.44 (base of the 1H demand zone and u
ADNOC Drilling Company PJSC
5.35AEDD
−0.10−1.83%
As of today at 09:26 GMT
AED
No trades
Next report date
≈
August 12
Report period
Q2 2025
EPS estimate
0.08 AED
Revenue estimate
4.34 B AED
0.31 AED
4.79 B AED
14.82 B AED
2.64 B
About ADNOC Drilling Company PJSC
Sector
Industry
CEO
Abdulrahman Abdulla Al Seiari
Website
Headquarters
Abu Dhabi
Founded
1972
ISIN
AEA007301012
FIGI
BBG012DZVJR7
ADNOC Drilling Co. PJSC engages in the provision of drilling rigs and associated services. It operates through the following segments: Onshore, Offshore Jackup, Offshore Island, and Oilfield Services (OFS). The Onshore segment includes land rigs, water wells, and work over rigs deployed mainly across ADNOC Onshore. The Offshore Jackup segment owns jackups and some rentals predominantly meeting the ADNOC Offshore drilling needs. The Offshore Island segment represents the Island part of ADNOC Offshore's requirement. The OFS segment offers other services. The company was founded in 1972 and is headquartered in Abu Dhabi, the United Arab Emirates.
25.0%
27.5%
30.0%
32.5%
35.0%
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
0.00
1.10 B
2.20 B
3.30 B
4.40 B
Revenue
Net income
Net margin %
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
0.00
1.10 B
2.20 B
3.30 B
4.40 B
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
0.00
1.10 B
2.20 B
3.30 B
4.40 B
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
0.00
2.50 B
5.00 B
7.50 B
10.00 B
Debt
Free cash flow
Cash & equivalents
No news here
Looks like there's nothing to report right now
Adnoc Drilling is near a tough resistance zoneWeekly chart, the stock ADX:ADNOCDRILL has been trading in a rising channel since March 2022.
The current price is near the upper channel's boundary (resistance line R).
So, either a breakout around 4.85 - 4.90, or a rebound.
Closing below 4.40 for 2 weeks, will push the price downwards.
Abov
DON'T BUY ON ADNOCDRILLDear Emirati Traders,
I'm sharing with you some of the stocks you can't buy for now since there are no clear entries and it will only come you with losses.
As you can see on the chart, the price has just reached the Rejection Block this week and pulled back on it to give us a confirmation that the
AShort

ADNOCDRILL is showing some musclesADX:ADNOCDRILL price action is positive especially given the overall performance of the Abu Dhabi market. Long to target AED 4.05, strict stop daily close below 50 MA. The stock needs to clear the red zone to target AED 4.3.
Not financial advice, only my views
ALong

Nothing interesting For now adnoc drilling is not looking good to buy. For it to turn bullish it has to cross 2 resistance areas to be in bulls territory. For now we can ignore this.
AShort

ADNOCDRILL at a sweet spot ADNOCDRILL is testing a very strong support level at the moment
I have highlighted all the re-testing phases of this support level i.e 3.78-3.84
It can be the launch pad of the next bull move
ALong

ADNOCDRILL in accumulation phase? ADNOCDRILL currently retesting a very strong support of 3.78-3.83 levels
It has been doing that from multiple days now and we need to wait and see if it use this support level to make a new move going up or falls further to next support levels . Going further down will break the initial bull run
ADNOCDRILL Parabolic MovementThis is a parabolic movement in progress
Series of HH and HL are being formed.
With tight SL the move can be ridden.
3.68 was the last strong support . The new resistance can be 3.91 to 3.90 range
ALong

Higher HighVery good move after the breakout its still continuing it move to the upside. Very bullish!!
Hit like & follow guys;)
ALong

Not ConfidentI was expecting atleast 50% recovery of the red candle that it made in Mondays session, for now i am not confident with this move.
Hit like & follow ;)
AShort

See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ADNOCDRILL is 5.35 AED — it has decreased by −1.83% in the past 24 hours. Watch ADNOC Drilling Company PJSC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ADX exchange ADNOC Drilling Company PJSC stocks are traded under the ticker ADNOCDRILL.
ADNOCDRILL stock has risen by 2.83% compared to the previous week, the month change is a 3.22% rise, over the last year ADNOC Drilling Company PJSC has showed a 32.27% increase.
We've gathered analysts' opinions on ADNOC Drilling Company PJSC future price: according to them, ADNOCDRILL price has a max estimate of 6.81 AED and a min estimate of 5.62 AED. Watch ADNOCDRILL chart and read a more detailed ADNOC Drilling Company PJSC stock forecast: see what analysts think of ADNOC Drilling Company PJSC and suggest that you do with its stocks.
ADNOCDRILL reached its all-time high on Feb 11, 2025 with the price of 6.01 AED, and its all-time low was 2.82 AED and was reached on Oct 6, 2021. View more price dynamics on ADNOCDRILL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ADNOCDRILL stock is 1.68% volatile and has beta coefficient of 0.76. Track ADNOC Drilling Company PJSC stock price on the chart and check out the list of the most volatile stocks — is ADNOC Drilling Company PJSC there?
Today ADNOC Drilling Company PJSC has the market capitalization of 87.16 B, it has increased by 2.51% over the last week.
Yes, you can track ADNOC Drilling Company PJSC financials in yearly and quarterly reports right on TradingView.
ADNOC Drilling Company PJSC is going to release the next earnings report on Aug 12, 2025. Keep track of upcoming events with our Earnings Calendar.
ADNOCDRILL earnings for the last quarter are 0.08 AED per share, whereas the estimation was 0.08 AED resulting in a 2.61% surprise. The estimated earnings for the next quarter are 0.08 AED per share. See more details about ADNOC Drilling Company PJSC earnings.
ADNOC Drilling Company PJSC revenue for the last quarter amounts to 4.30 B AED, despite the estimated figure of 4.07 B AED. In the next quarter, revenue is expected to reach 4.34 B AED.
ADNOCDRILL net income for the last quarter is 1.25 B AED, while the quarter before that showed 1.47 B AED of net income which accounts for −14.57% change. Track more ADNOC Drilling Company PJSC financial stats to get the full picture.
Yes, ADNOCDRILL dividends are paid quarterly. The last dividend per share was 0.05 AED. As of today, Dividend Yield (TTM)% is 4.23%. Tracking ADNOC Drilling Company PJSC dividends might help you take more informed decisions.
ADNOC Drilling Company PJSC dividend yield was 3.39% in 2024, and payout ratio reached 60.45%. The year before the numbers were 4.35% and 69.37% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ADNOC Drilling Company PJSC EBITDA is 7.69 B AED, and current EBITDA margin is 49.57%. See more stats in ADNOC Drilling Company PJSC financial statements.
Like other stocks, ADNOCDRILL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ADNOC Drilling Company PJSC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ADNOC Drilling Company PJSC technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ADNOC Drilling Company PJSC stock shows the strong buy signal. See more of ADNOC Drilling Company PJSC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.