Kuwait & Action Energy Company

Kuwait: Kuwait is the primary operational base for Action Energy Company, and its crude oil production targets are supported by Action Energy Company's services. The country's upstream oil and gas sector provides long-term visibility for Action Energy Company.

Action Energy Company: Action Energy Company reported strong Q1 2026 financial results with significant increases in revenue, EBITDA, and net profit, driven by fleet expansion and high rig utilization. This positive performance enhances its market position and financial outlook.

Kuwait: Home country; AEC's performance supports Kuwait's energy sector and economic diversification goals.

Action Energy Company: Central entity; reported strong H1 2026 results with revenue up 34.4% and net profit up 96.6%, record backlog, and first interim dividend, indicating solid financial health and growth.

Kuwait: Action Energy Company operates in Kuwait and supports the country's crude oil production sector, benefiting from sustained investment in Kuwait's upstream oil and gas sector.

Action Energy Company: Action Energy Company signed a market maker agreement with Kuwait Investment Company to enhance the liquidity of its shares, building on its successful IPO and commitment to an orderly market.

Kuwait: Kuwait is the home country of Action Energy Company and a key market for the joint venture's expansion within the GCC.

Action Energy Company: Action Energy Company has formed a strategic joint venture with Kellton Tech Solutions to expand its oilfield services through digital modernization and enhance quality, aiming to capture at least 5% of the GCC's oil and gas digitalization market.

Action Energy Company: Action Energy Company reported record FY25 results with significant increases in revenue, net profit, and EBITDA, and its shareholders approved a cash dividend. The company is expanding its rig fleet and has a strong backlog, positioning it as a strategic partner in Kuwait's oil sector.

Action Energy Company: Action Energy Company secured KWD 40.9 million in credit facilities to support its upstream drilling growth strategy and rig fleet expansion, strengthening its capital structure and enabling execution of its expansion plan.

Action Energy Company: Action Energy Company signed a market maker agreement with National Investments Company to enhance the liquidity of its shares on Boursa Kuwait, building on strong investor reception from its IPO.