4.92 billion dirhams net income "ADNOC Gas" During the third quarter
Abu Dhabi, November 13 / WAM / ADNOC Gas PLC announced today its financial results for the third quarter of 2025, achieving the highest quarterly net income in its history, amounting to 4.92 billion dirhams ($1.34 billion), an increase of 8% compared to the same period last year.
Net income from the beginning of the year until the end of the third quarter amounted to 14.65 billion dirhams ($3.99 billion), exceeding market expectations, despite the decline in average oil prices to $71 per barrel during the first nine months of 2025, compared to $83 per barrel in 2024.
During the third quarter of 2025, the local gas business recorded record results, as its earnings before interest, taxes, depreciation and amortization rose to 3.36 billion dirhams ($914 million), an increase of 26% year-on-year.
This growth is due to the strong performance of the UAE economy, which the International Monetary Fund expected to grow by 4.8% in 2025 and 5% in 2026, which contributed to raising local demand for gas, and led to an increase in sales volume by 4% during the first nine months. This also coincided with an improvement in operating margins, as a result of the structural improvements that were successfully implemented through renegotiating contracts.
Fatima Al Nuaimi, CEO of ADNOC Gas, said that the record results achieved by ADNOC Gas during the third quarter, in addition to its strong performance since the beginning of the year, confirm the flexibility of the company’s business model and its ability to adapt to market fluctuations.
She added that despite the decline in oil prices, the company continues to achieve strong returns, driven by excellence in operational operations and improved commercial agreements, and the enhanced dividend policy reflects ADNOC Gas’ commitment to achieving sustainable and long-term value for shareholders.
Through its continued pursuit of long-term value and stability, ADNOC Gas represents a strong investment opportunity, supported by high operational efficiency and sustainable profitability.
The company recorded a record net income of 4.92 billion dirhams ($1.34 billion) during the third quarter of 2025, an increase of 8% on an annual basis, while annual net income reached 14.65 billion dirhams ($3.99 billion), achieving a growth of 10% compared to 2024.
Achieving strong cash flows remains one of the cornerstones of ADNOC Gas’s financial strength, as profits from domestic gas sales before interest, taxes, depreciation and amortization amounted to 3.36 billion dirhams ($914 million) during the third quarter, an increase of 26% year-on-year.
These results confirm ADNOC Gas’s position as an investment opportunity that achieves high returns, supported by stable and predictable cash flows, along with strong growth potential.
Approving the payment of dividends on a quarterly basis, starting from the third quarter of 2025, with a value of 3.29 billion dirhams ($896 million) by December 12, 2025, in addition to approving a 5% annual increase in dividends, with the extension of this policy until 2030, constitutes an important step that enhances transparency and provides regular income, enabling shareholders to plan financially with confidence and stability.
Investing in ADNOC Gas provides an opportunity for shareholders to support the broad qualitative shift witnessed by the energy sector in the UAE, in line with its ambitious national goals.
It is noteworthy that the Board of Directors of ADNOC Gas has approved a 5% annual increase in dividends, extending this policy until 2030, in a step that confirms the company’s commitment to achieving long-term value for its shareholders.
ADNOC Gas is scheduled to begin paying dividends on a quarterly basis starting from the third quarter of 2025, where interim dividends worth 3.29 billion dirhams ($896 million) will be distributed, to be disbursed to shareholders no later than December 12, 2025.
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