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Adnoc Gas Plc (United Arab Emirates)

Main Activities: Natural Gas Extraction
Full name: Adnoc Gas Plc Profile Updated: May 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

ADNOC Gas is a key enabler of ADNOC’s ambitious growth plans and decarbonization strategy. The company is also a central pillar of Abu Dhabi's and the UAE's energy ecosystem, capitalizing on access to 95% of the UAE's natural gas reserves, the 7th largest natural gas reserves globally, enabling UAE gas self-sufficiency and industrial growth and expanding export capacity to meet increasing global gas demand. ADNOC Gas was formed as part of the consolidation of the operations of ADNOC Gas Processing, ADNOC LNG and ADNOC Industrial Gas in 2022. In one of the largest ever Initial Public Offerings (IPO) in the region, ADNOC Gas became a publicly traded company in March 2023, when approximately 5% of its shares were listed on the Abu Dhabi Securities Exchange (ADX). ADNOC Gas is the first company to establish gas processing and liquefaction facilities in the region and has the third longest continuous LNG operation in the world.

Headquarters
Floor 23, Sheikh Khalifa Energy Complex 1, Khalifa Street, P.O. Box 665
Abu Dhabi; Northern Emirates;

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Website: http://adnocgas.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairperson
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Vice Chairperson
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General Counsel
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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90%
Subsidiaries
Adnoc Gas Facilities Llc Gas Co
100%
Adnoc Gas Operations And Marketing Llc (O M Co)
100%
Adnoc Industrial Gases Company Limited
100%
Company Performance
Financial values in the chart are available after Adnoc Gas Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
132.15%
Total operating revenue
141.5%
Operating profit (EBIT)
141.77%
EBITDA
89.61%
Net Profit (Loss) for the Period
141.66%
Total assets
8.84%
Total equity
7.45%
Operating Profit Margin (ROS)
1.36%
Net Profit Margin
0.99%
Return on Equity (ROE)
5.73%
Debt to Equity Ratio
-4.12%
Quick Ratio
0.24%
Cash Ratio
0.02%

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