ADNOC Gas Achieves Record $1.34 Billion Net Income In Q3 2025 Driven By Strong Domestic Sales

ADNOC Gas plc has reported its Q3 2025 financial results, marking a historic achievement with a net income of $1.34 billion, an 8% rise from the previous year. The company's year-to-date net income reached $3.99 billion, surpassing market expectations despite oil prices averaging $71 per barrel in the first nine months of 2025, compared to $83 per barrel in 2024.

The domestic gas sector of ADNOC Gas achieved record results in Q3 2025, with EBITDA increasing by 26% year-on-year to $914 million. This growth is attributed to the robust UAE economy, which the IMF forecasts will expand by 4.8% in 2025 and 5% in 2026. Domestic gas sales volumes rose by 4% in the first nine months due to improved margins from successful contract renegotiations.

Fatema Al Nuaimi, CEO of ADNOC Gas, stated, "Our record Q3 results, and strong year-to-date performance are a testament to the resilience and adaptability of our business model. Our profitability continues to grow, even while oil prices are down." She emphasized that operational excellence and enhanced commercial agreements have enabled robust returns despite lower oil prices.

ADNOC Gas is committed to delivering long-term value and stability for its shareholders. The company’s efficiency and profitability are evident from its record Q3 net income of $1.34 billion and a year-to-date net income increase of 10% compared to 2024. Strong cash flow generation underpins ADNOC Gas’ financial strength.

The company has introduced quarterly dividend distributions starting Q3 2025, with an inaugural interim dividend of $896 million set for payment by December 12th. This move offers greater transparency and regular income for shareholders, allowing them to manage their finances confidently.

The Board of Directors has approved a 5% annual increase in dividend payout until 2030, reinforcing ADNOC Gas’ dedication to enhancing shareholder value. By investing in ADNOC Gas, shareholders align with the UAE's broader energy transformation goals.

ADNOC Gas presents a compelling investment opportunity with predictable cash flows and significant upside potential. The introduction of quarterly dividends alongside a consistent annual increase demonstrates the company's commitment to maximizing shareholder value over the long term.

With inputs from WAM