Aldrees Petroleum And Transport Services Co.

What Aldrees Petroleum And Transport Services Co. does

Aldrees Petroleum and Transport Services Company is a Saudi joint stock company founded in 1962 and listed on the Saudi Tadawul All-Share Index under ticker 4200, headquartered in Riyadh. It operates a dual-core business comprising a petroleum retail network of 1,329 company-owned fuel stations across Saudi Arabia and a multi-commodity transport and logistics operation running a fleet of 2,098 trucks, of which 830 are dedicated fuel transport vehicles. The retail segment offers petrol, diesel, and premium 98 octane gasoline, supported by the proprietary WAIE electronic fueling system with RFID-equipped pumps that enable cash-free, automated dispensing for commercial and fleet customers. The transport segment provides 24/7 multi-commodity delivery with a reported on-time delivery rate exceeding 90%, enabled by an in-house fleet management system that provides real-time truck location tracking and traffic monitoring.

The company's technology layer consists of three proprietary or branded components: WAIE (RFID-based cash-free fueling), the Aldrees Fleet Management System (real-time tracking), and a station locator service accessible via web and mobile app on iOS and Android. Underlying these is a sales-led go-to-market operating across two primary segments — Saudi government organizations (primary) and private sector enterprises — with pricing quoted on a volume/contract basis rather than published tariffs. Revenue is generated through transaction fees on fuel sales at the station network and on transport/logistics services, supplemented by investment income from sukuk holdings and bank deposits that contribute an estimated 17% of net profit.

In Q1 2026 the company reported revenue of SAR 6.83 billion (17% year-over-year growth) and a daily sales run-rate of approximately SAR 60 million (October 2024), with 9M 2025 net profit of SAR 313.6 million (+28.3% year-over-year). The capital structure shows elevated leverage at a 241% net debt to equity ratio, partially offset by equity capital raised via bonus issues and sukuk investments. Headcount includes 1,260 uniformed drivers and approximately 400 technicians and administrative staff. Aldrees is positioned as one of the largest fuel station operators in Saudi Arabia with an estimated 17% domestic market share.

Name

Aldrees Petroleum And Transport Services Co.

Legal name

Aldrees Petroleum & Transport Services Company

Website

https://aldrees.com

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Aldrees Petroleum and Transport Services Company is a Saudi-listed fuel retailer and logistics operator running 1,329 fuel stations and a 2,098-truck fleet, serving government and private sector clients with RFID-enabled electronic fueling and multi-commodity transport services across Saudi Arabia.

Ownership category

akta.pro rank

Product category

Petroleum Retail and Transport Services

NAICS

Gasoline Stations and Fuel Dealers (457), Petroleum Bulk Stations and Terminals (424710), Fuel Dealers (45721)

SIC

Retail-Auto Dealers & Gasoline Stations (5500), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA)

akta.pro secondary industries

Crude Oil & Petroleum Products Tanker Transport (TLADALAA), Fuel Management & Fleet Card Programs (THADAKAH)

Keywords

• Petroleum retail services
• Fuel station operations
• Transport logistics services
• Fleet management services
• Electronic fueling systems

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Petroleum Retail: Revenue from fuel station operations including petrol sales across 1,329 stations in Saudi Arabia. This is the primary revenue driver with revenue of SAR 6.83 billion in Q1 2026, representing 17% year-over-year growth.
2. Transport and Logistics Services: Multi-commodity transport services using a fleet of 2,098 trucks delivering petroleum products and other commodities. The transport segment contributes significantly to revenue alongside fuel station operations.
3. Sukuk and Deposit Investments: Income from bank deposits and sukuk investments contributing approximately 17% of net profit. The company invests in Tier 1 capital sukuk issued by financial institutions as an income diversification strategy.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Aldrees Petroleum and Transport Services Co. operates the largest fuel station network in Saudi Arabia with 1,329 stations, selling petrol, diesel, and premium 98-octane gasoline to retail and commercial customers. It also provides multi-commodity transport and logistics services through a fleet of 2,098 trucks delivering petroleum products and other commodities. Operations are supported by the proprietary WAIE electronic fueling system with RFID-enabled cash-free refueling and a real-time fleet management tracking platform.

Product overview

Aldrees Petroleum and Transport Services operates a dual-core business model comprising petroleum retail services and transport/logistics services. The petroleum retail segment centers on a nationwide network of over 1,329 fuel stations, supported by the proprietary WAIE (Electronic Fueling System) for RFID-enabled cash-free refueling and a premium 98 octane gasoline product. The transport division operates approximately 2,098 trucks with proprietary fleet management and tracking systems, delivering multi-commodity logistics with over 90% on-time delivery rates. Supporting digital infrastructure includes station locator and mobile applications for customer convenience.

Differentiator

Problem solved

Functional benefit

Brands

• WAIE: Electronic Fueling System - smart, safe, cash-free refueling system with RFID-equipped pumps

Products and services

• Petroleum Retail Services

Quantifiable outcome

• Over 90% on-time delivery rate for transport services
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Saudi Automotive Services Co. (SASCO): SASCO is one of the largest fuel station and automotive services operators in Saudi Arabia, directly comparable to Aldrees' core petroleum retail and forecourt services business.
• Saudi Aramco Total Marketing Company (SATMCO): Joint venture between Saudi Aramco and TotalEnergies operating a large branded fuel station network across Saudi Arabia; competes head-to-head with Aldrees for retail fuel share and forecourt customers.
• National Transport Co. (Mubarrad): Major Saudi land transport and logistics provider serving industrial and commercial customers with a sizeable trucking fleet, directly comparable to Aldrees' 2,098-truck transport division.

Regional players

• SAPTCO (Saudi Public Transport Co.): Saudi-listed provider of passenger and logistics transport services, including fleet operations. Overlaps with Aldrees' transport and fleet management capabilities, particularly in B2B/government contracts.
• Bahri (National Shipping Company of Saudi Arabia): Saudi-listed logistics leader in bulk and tanker shipping. While maritime-focused, Bahri competes for Saudi transport and petroleum logistics spend and serves as a benchmark for capital-intensive Saudi transport equities.
• Emirates National Oil Company (ENOC): UAE-based integrated fuel retail, terminal, and lubricants operator with a regional station network and B2B fuel card solutions. Comparable to Aldrees as a GCC peer in fuel retail, fleet cards, and petroleum logistics.

Others

• Al Mawarid Manpower Solutions (logistics arm): Large Saudi services and logistics group with fleet and transport operations. Adjacent competitor in Saudi B2B transport, fleet management, and government logistics contracts.
• Aldrees Industrial and Trading Co. (ALITCO): Related-party supplier to Aldrees Petroleum (SAR 16.5M fuel pump purchase in 2025). An adjacent industrial and trading entity within the broader Aldrees business group, relevant for understanding governance and group structure.

Broad incumbents

• ADNOC Distribution: UAE-listed subsidiary of ADNOC operating thousands of fuel stations and convenience stores plus fleet-related services. Closest large-cap, publicly traded analog to Aldrees' integrated fuel retail and non-fuel convenience model.

Emerging players

• Naft Services Co. Saudi firm engaged in petroleum services and fuel marketing/distribution. A smaller, emerging participant that competes for portions of the same fuel retail and transport opportunity as Aldrees in Saudi Arabia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aldreescompany
• YouTubeyoutube.com/aldreesco
• Facebookfacebook.com/aldreescompany
• LinkedInlinkedin.com/company/aldreesco
• Instagraminstagram.com/aldreesco

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aldrees Petroleum And Transport Services Co.