What's Happening?
ADNOC Gas plc has announced its financial results for the third quarter of 2025, achieving the highest third-quarter profit in the company's history. The net income for the period reached $1.34 billion, marking an 8% increase from the previous year. Despite
a decline in average oil prices, ADNOC Gas's domestic gas division delivered strong results, with EBITDA rising by 26% from last year. The company's performance was bolstered by a 4% increase in domestic gas sales volumes, supported by the UAE's projected economic growth. CEO Fatema Al Nuaimi highlighted the company's operational excellence and commitment to shareholder value, with plans for quarterly dividend payments starting December 2025.
Why It's Important?
The record earnings underscore ADNOC Gas's resilience and adaptability in a fluctuating oil price environment. The company's ability to maintain profitability through strategic contract restructuring and commercial optimizations positions it as a reliable investment. The introduction of quarterly dividends and a 5% annual dividend growth policy through 2030 further enhances shareholder value. ADNOC Gas's strong cash generation supports its growth investments and dividend commitments, ensuring long-term financial stability and continued value creation for shareholders.
What's Next?
ADNOC Gas plans to distribute an interim dividend of $896 million on December 12, 2025, as part of its new quarterly dividend policy. The company aims to extend its 5% annual dividend growth policy through 2030, providing sustained returns for investors. ADNOC Gas's disciplined approach to self-funding its capital program and dividend commitments without additional borrowing will support its long-term investments in capacity expansion and infrastructure.
