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Burgan for Well Drilling Trading and Maintenance KSCP. Burgan for Well Drilling Trading and Maintenance KSCP is a Kuwait-based company engaged in the provision of exploration, development and drilling services, as well as maintenance of wells for oil and gas companies. The Company operates a fleet of rigs supported by specialized departments, such as transport and mechanical, and fabrication facility, which manufactures portacabins used at the rig sites for accommodating drilling and rig crew. Its machining services, located in Ahmadi, equipped with bays, lathes, boring machines, milling machine, shapers, valve repair and testing equipment, grinders, welding and cutting machinery, and warehouse storage, and offers repair and manufacturing services of down hole tools, such as cross-over, subs stabilizer, flat bottom mills, wash over shoes, taper mills and pup-joint, double studded adapters, spools, flanges, and nipples to the drilling industry.
Sales Analysis.
Burgan for Well Drilling Trading and Maintenance KSCP reported sales of 51.53 million Kuwaiti Dinars (US$169.50 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 10.2%
versus 2018, when the company's sales were 46.75 million Kuwaiti Dinars .
This was the third consecutive year of growth at Burgan for Well Drilling Trading and Maintenance KSCP.
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Stock Data: |
Recent Stock Performance: |
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Current Price (12/5/2019):
.08
(Figures in
Kuwaiti Dinars ) |
1 Week |
-9.1% |
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13 Weeks |
-4.1% |
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4 Weeks |
-12.3% |
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52 Weeks |
n/a |
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Burgan for Well Drilling Trading and Maintenance KSCP
Key Data: |
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Ticker: |
ABAR |
Country: |
Kuwait |
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Exchanges: |
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Major Industry: |
Energy |
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Sub Industry: |
Drilling Oil & Gas Wells |
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2019
Sales |
51,527,497
(Year Ending Jan 2020). |
Employees: |
2,240 |
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Currency: |
Kuwaiti Dinars |
Market Cap: |
18,853,740 |
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Fiscal Yr Ends: |
March |
Shares Outstanding: |
229,923,655 |
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Share Type: |
Ordinary |
Closely Held Shares: |
201,510,794 |
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