- ABAR

Kuwait Stock Exchange (State of Kuwait)
138 Last Update 25/09/2024 10:48 KSA
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  • :138
  • :136
  • ('000):267,443
  • (KWD '000):36,907
  • :0.14


  • 539,023
  • :30,027
  • :17.95
  • 52-W L52-W H
    138
    88165
  • 3.03%
  • 81.82%


  • 50

  • (KWD):

    73,587.41
  • (KWD):316,508
  • :0.23
  • Performance Comparison

Activities

Burgan Drilling, also known as Burgan Company for Well Drilling, Trading & Maintenance, has an impressive track record in the oil and energy industry. Burgan Company for Well Drilling was founded in 1970. It was subsequently listed on the Kuwait Stock Exchange (KSE) in 2005. The company boasts a paid-up capital of KD 24.9 million and a market capitalization of approximately KD 29.2 million (which translates to around US$ 94.7 million as of December 31, 2023). Burgan specializes in drilling and workover services for oil companies, both within Kuwait and internationally. Their activities include rig mobilization, drilling operations, rig moves, and well location management. Burgan Well Drilling places a strong emphasis on safety. Recently, they achieved remarkable milestones: 23 out of 25 operating rigs achieved Lost Time Injury (LTI) free status. 19 rigs maintained a recordable incident-free status. These achievements underscore their commitment to fostering a safety-first culture. Burgan partners with an Australian university in Kuwait to offer engineering student internships. The program provides hands-on experience through office support, site visits, and exposure to maintenance facilities. Notably, two interns were eventually hired as full-time employees, showcasing Burgan's dedication to talent development. Burgan Well Drilling actively engages with potential clients in Iraq, including Missan Oil Company (MOC), Cnooc, Sinopec, and IDC. Their proactive approach aims to collaborate on drilling and well services for major oil fields in Iraq, such as Amarah, Halfaya, Abu Chraeb, Majnoon, and Buzargan.

  • Chairman:
    Mohammad A. D. Al-Meshal
  • Vice-chairman:
    Ismail A. A. Abul
  • CEO:
    Mustafa M. Ismail
  • Board Members:

    Bader T. A. Al-Otaibi

    Eissa A. Al-Dehaish

    Mohammed Al-Mishal

    Naser A. M. Dughaim

    Talal J. G. Awadh

  • Auditors:

    Moore Stephens Al Nisf & Partners

Kuwait's Burgan oil company boosts capital by $5 mln (Arab Times - 17/08/2009)

Kuwait's Burgan Company for Well Drilling, Trading and Maintenance has agreed to increase its capital ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
12/06/2018 12-Month 31/03/2018 03 10.58
19/02/2018 9-Month 31/12/2017 02 0.23
06/12/2017 6-Month 30/09/2017 01 -1.53
20/08/2017 3-Month 30/06/2017 01 27.47
15/02/2017 9-Month 31/12/2016 02 -11.2
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
ABAR 117,882.23 138 1.47 -1.14 11.69 0.48 0 0.14 1.28 4.01
ADNOCGAS 60,220.85 3.14 0 0 0 0 0 0 0 0
ADNOCDRILL 20,382.34 4.68 0.86 0 0 0 0 0 0 0
QGTS 6,532.3 4.32 -0.33 -29.24 15.16 0.2 6.6 0.94 4.75 13.36
QFLS 4,126.02 15.32 0.52 -12.6 15.4 0.16 7.41 0.81 6.76 10.58
ALDREES 3,768.31 144 1.83 0 47.15 10.78 0 0.83 3.54 9.67
OQGN 1,639.1 0.14 -2.74 0 0 0 0 0 0 0
GISS 1,579.37 3.14 0.44 -28.21 14.81 0.15 5.35 1.04 3.8 10.21
DANA 1,241.97 0.65 -0.61 113.33 8.4 0.43 0 0.74 0.29 0
ADNOCDIST 998.97 3.67 2.22 0 1.37 0 0 0.19 0 0
SARCO 308.21 77.6 0.64 0 170.54 2.96 0 1.13 -0.03 -0.04
IPG 278.19 469 0.42 -4.88 12.12 0.7 5.05 0.16 2.06 0
SSPW 269.73 0.11 0.91 0 8.2 0 0 0.41 0 0
NAPESCO 254.02 857 -2.73 4.29 7.51 2.94 7.87 0.17 26.66 35.29
SOOR 191.15 144 5.1 -9.38 16.73 0.91 1.85 0.15 4.08 0
OULAFUEL 191.14 144 4.34 -7.38 15.82 0.95 4.41 0.17 3.99 0
SOMS 187.95 0.73 0 0 6.22 0 0 -0.03 0 0
MHAS 185.32 1.04 0 0 12.67 0 0 0 0 0
OOMS 133.77 0.8 0 0 4.89 0 0 -0.15 0 0
VOES 86.52 0.4 -2.44 0 34.45 0 0 0.31 0 0
NGCI 14.52 0.08 0 0 3.17 0 0 0.55 0 0