#Abu Dhabi #United Arab Emirates #ADNOC Gas #Gas Industry #UAE Economy

ADNOC Gas Reports Record Third Quarter Results

In a significant milestone, ADNOC Gas has disclosed its historical financial performance for the third quarter of 2025, reflecting outstanding resilience and growth in a dynamic market environment. With a net income of $1.34 billion, this result marks an 8% increase compared to the previous year.

The accumulated net income for the year reached $3.99 billion, surpassing market expectations despite the average oil prices being lower at $71 per barrel in the first nine months of 2025, compared to $83 per barrel in 2024. This impressive financial achievement underlines ADNOC Gas's ability to maintain profitability even amidst fluctuating oil prices, primarily driven by the general economic robustness of the UAE, projected by the IMF to grow by 4.8% in 2025 and 5% in 2026.

During this quarter, ADNOC Gas's domestic gas business also marked unprecedented success, with EBITDA soaring to $914 million, a steep 26% increase from last year. This growth is attributed to a 4% rise in gas sales volume over the first three quarters as part of the ongoing structural improvements and prudent contract negotiations that have positively impacted underlying margins.

Fatema Al Nuaimi, the CEO of ADNOC Gas, emphasized, "The historic third-quarter results and strong year-to-date performance demonstrate the resilience and adaptability of our business model. Our profitability continues to grow, thanks to operational excellence and enhanced commercial agreements, despite a backdrop of lower oil prices. Our enhanced dividend policy, featuring quarterly distributions, further affirms our commitment to maximizing shareholder value."

ADNOC Gas is positioning itself as a highly efficient and profitable player in the market, as evidenced by the record net income figures and significant cash flow generation. The firm announced its initial quarterly dividend distribution of $896 million, set to be paid before December 12, 2025, accompanied by a 5% annual increase in dividends raised for fiscal years extending to 2030. This initiative assures regular and reactive financial planning for shareholders while aligning with the UAE's transformative energy goals.

Furthermore, ADNOC Gas maintains robust cash flow generation, which is essential for financial stability, enabling the firm to support growing dividend payments and major investment projects without accruing additional debt. The disciplined financial approach ensures that ADNOC Gas continues to hold a healthy balance sheet while reinforcing long-term investments to expand its capacity and generate sustainable shareholder value even in an environment marred by low oil prices.

The Board of Directors has officially approved a 5% increase in the dividend, confirming ADNOC Gas's commitment to delivering long-term value for its stakeholders. The quarterly distribution of dividends, starting in Q3 2025, symbolizes a paradigm shift towards better financial transparency for investors.

Key Highlights:

• - Record net income for Q3 2025 at $1.34 billion, up 8% YoY
• - Year-to-date net income accumulates to $3.99 billion, outperforming market prognosis
• - Q3 2025 EBITDA for natural gas reaches $914 million, a 26% increase from last year
• - Annual dividend increase of 5% extended until 2030
• - Introduction of quarterly dividends; initial payment of $896 million set for December 12, 2025

In summary, ADNOC Gas stands as a high-return investment opportunity, backed by predictable cash flows and strong growth potential, thus reinforcing its pivotal role in the energy transformation of the UAE.