AD
ADNOCGAS.AD
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Oil & Gas Exploration and Production
ADNOC Gas PLC
LatestADNOC launches global LNG trading platform to streamline gas exports
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
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P/E
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EV / Rev
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Div yield
5,09 %
Op margin
35,1 %
ROE
5,4 %
Net margin
26,0 %
Debt / equity
0,02
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About
ADNOC Gas PLC is an energy company focused on the exploration, production, and processing of oil and gas in the United Arab Emirates.
Business. ADNOC Gas PLC (ADNOCGAS.AD) is an energy company engaged in the exploration and production of oil and gas. The firm operates within the fossil fuels sector, focusing on upstream activities such as resource extraction and development. Specific details regarding its operating segments, headquarters location, and primary stock exchange listing are not provided in the available data. Consequently, the company is described at the industry level without further geographic or structural breakdown.
Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Exploration and Production
ActivityOil & Gas
Generated · model-assisted
Sell-side consensus
BUY17 analysts
16 buy1 hold0 sell
Avg 12m price target4,17
Analyst recommendations
17 analysts · consensus BuyBuy16
Hold1
Sell0
12-month price target
4,17
Consensus of sell-side coverage.
At a glance
Score→
59
composite score
Valuation
—
valuation pending
Analysts→
Buy
17 analysts · indicative
Ownership
—
not yet wired
Profitability→
5,4 %
return on equity
Quality→
58
quality score (0-100)
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
1Sector rotation
Sector1D1Mvs mkt
Materials+2,2 %+1,6 %+2,4 %
Energy · THIS SECTOR+1,2 %+5,3 %+1,4 %
Real Estate+0,7 %+4,1 %+0,8 %
Health Care+0,7 %−0,5 %+0,8 %
Consumer Discretionary+0,3 %+8,7 %+0,5 %
Information Technology−0,3 %+6,6 %−0,1 %
Financials−0,3 %−4,5 %−0,1 %
Consumer Staples−1,0 %+3,0 %−0,8 %
Utilities−1,5 %−21,2 %−1,3 %
Industrials−1,7 %−2,3 %−1,6 %
Communication Services———
Developing storylines
No tracked sagas currently linked to ADNOCGAS.AD. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-07-07
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · 2026-07-06
Composite-score breakdown
Composite score59 / 100
Composite score 0-100 · Data quality 0,58
Data quality0,58 / 1.00
Synthesis
Business
ADNOC Gas PLC (ADNOCGAS.AD) is an energy company engaged in the exploration and production of oil and gas. The firm operates within the fossil fuels sector, focusing on upstream activities such as resource extraction and development. Specific details regarding its operating segments, headquarters location, and primary stock exchange listing are not provided in the available data. Consequently, the company is described at the industry level without further geographic or structural breakdown.
Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Exploration and Production
ActivityOil & Gas
AI synthesis
GENERATEDADNOC Gas PLC maintains a strong liquidity position, with a current ratio of 1.36, indicating the company can cover its short-term liabilities with its short-term assets. The company's liquidity is supported by a low debt-to-equity ratio of 0.02, suggesting minimal reliance on debt financing. However, the risk assessment highlights a medium liquidity risk, primarily due to negative net cash after subtracting total debt.
In terms of profitability, ADNOC Gas PLC reported a net income of $1.19 billion and an operating income of $1.6 billion in the latest period. The company's return on equity (ROE) is 5.43%, and its return on assets (ROA) is 3.92%, both of which are in line with industry norms for energy firms. These metrics suggest that the company is effectively utilizing its equity and assets to generate returns.
ADNOC Gas PLC operates primarily in the United Arab Emirates, with a significant portion of its revenue derived from domestic operations. The company's revenue concentration in a single geographic region may expose it to regional economic and political risks, which could impact its financial performance.
The company's growth trajectory is supported by a strong operating cash flow of $1.54 billion and a free cash flow of $905 million. Capital expenditures amounted to $564 million, indicating ongoing investment in infrastructure and operations. Analysts have a generally positive outlook, with a mean price target of $4.17 and a median price target of $4.12.
The risk assessment indicates a low dilution risk, with no significant dilution potential identified in the latest financial data. However, the company's negative net cash position after subtracting total debt is a key flag to monitor. The company has not disclosed any recent significant events or filings that would suggest immediate financial distress or strategic shifts.
Key takeaways
- ADNOC Gas PLC has a strong liquidity position with a current ratio of 1.36 and a low debt-to-equity ratio of 0.02.
- The company's profitability metrics, including a 5.43% ROE and 3.92% ROA, are in line with industry norms.
- Revenue is heavily concentrated in the United Arab Emirates, which may expose the company to regional risks.
- Analysts have a generally positive outlook, with a mean price target of $4.17.
- The company has a low dilution risk, but its negative net cash position after subtracting total debt is a key flag to monitor.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Quarterly
Annual
QUARTERLYFiled 2026-02-09
Q4 2025 · Quarter highlights
Revenue $4.33B, −9,3% YoY; Operating income −13,0% YoY.
Revenue$4.33B−9,3 % YoY
Operating income$1.52B−13,0 % YoY
Net income$1.17B−15,0 % YoY
Free cash flow-$297.3M−131,3 % YoY
EPS—
Operating cash flow$5.93B−1,0 % YoY
Financials
Income statement
Revenue$4.33B
Gross profit$1.88B
Operating income$1.52B
Net income$1.17B
Margins
Gross margin43.4%
Operating margin35.2%
Net margin27.1%
FCF margin-6.9%
Balance sheet
Total assets$32.47B
Total liabilities$7.76B
Total equity$24.70B
Cash & equivalents—
Long-term debt$27.9M
Cash flow
Operating cash flow$5.93B
CapEx-$2.89B
Free cash flow-$297.3M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.33B, −9,3% YoY
- ▍Operating income −13,0% YoY
- ▍Net income −15,0% YoY
- ▍Free cash flow −131,3% YoY
- ▍Net margin 27.1%
QUARTERLYFiled 2025-11-13
Q3 2025 · Quarter highlights
Revenue $4.86B, −0,3% YoY; Operating income +2,7% YoY.
Revenue$4.86B−0,3 % YoY
Operating income$1.74B+2,7 % YoY
Net income$1.34B+7,6 % YoY
Free cash flow-$691.9M−67,5 % YoY
EPS—
Operating cash flow$4.65B+9,7 % YoY
Financials
Income statement
Revenue$4.86B
Gross profit$2.09B
Operating income$1.74B
Net income$1.34B
Margins
Gross margin43.1%
Operating margin35.8%
Net margin27.5%
FCF margin-14.2%
Balance sheet
Total assets$31.15B
Total liabilities$6.71B
Total equity$24.44B
Cash & equivalents—
Long-term debt$277.6M
Cash flow
Operating cash flow$4.65B
CapEx-$1.96B
Free cash flow-$691.9M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.86B, −0,3% YoY
- ▍Operating income +2,7% YoY
- ▍Net income +7,6% YoY
- ▍Free cash flow −67,5% YoY
- ▍Net margin 27.5%
QUARTERLYFiled 2025-08-06
Q2 2025 · Quarter highlights
Revenue $4.66B, −4,2% YoY; Operating income +9,1% YoY.
Revenue$4.66B−4,2 % YoY
Operating income$1.77B+9,1 % YoY
Net income$1.39B+16,4 % YoY
Free cash flow$918.8M−16,6 % YoY
EPS—
Operating cash flow$2.81B−1,5 % YoY
Financials
Income statement
Revenue$4.66B
Gross profit$2.01B
Operating income$1.77B
Net income$1.39B
Margins
Gross margin43.1%
Operating margin37.9%
Net margin29.7%
FCF margin19.7%
Balance sheet
Total assets$30.45B
Total liabilities$5.55B
Total equity$24.90B
Cash & equivalents—
Long-term debt$277.3M
Cash flow
Operating cash flow$2.81B
CapEx-$1.39B
Free cash flow$918.8M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.66B, −4,2% YoY
- ▍Operating income +9,1% YoY
- ▍Net income +16,4% YoY
- ▍Free cash flow −16,6% YoY
- ▍Net margin 29.7%
QUARTERLYFiled 2025-05-05
Q1 2025 · Quarter highlights
Revenue $4.67B, +2,4% YoY; Operating income +5,6% YoY.
Revenue$4.67B+2,4 % YoY
Operating income$1.69B+5,6 % YoY
Net income$1.27B+7,0 % YoY
Free cash flow$955.7M+5,6 % YoY
EPS—
Operating cash flow$1.27B−17,8 % YoY
Financials
Income statement
Revenue$4.67B
Gross profit$1.86B
Operating income$1.69B
Net income$1.27B
Margins
Gross margin39.7%
Operating margin36.2%
Net margin27.2%
FCF margin20.5%
Balance sheet
Total assets$32.27B
Total liabilities$8.74B
Total equity$23.52B
Cash & equivalents—
Long-term debt$277.0M
Cash flow
Operating cash flow$1.27B
CapEx-$599.1M
Free cash flow$955.7M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.67B, +2,4% YoY
- ▍Operating income +5,6% YoY
- ▍Net income +7,0% YoY
- ▍Free cash flow +5,6% YoY
- ▍Net margin 27.2%
QUARTERLYFiled 2025-02-06
Q4 2024 · Quarter highlights
Revenue $4.77B; Operating income $1.75B.
Revenue$4.77B
Operating income$1.75B
Net income$1.38B
Free cash flow$950.3M
EPS—
Operating cash flow$5.99B
Financials
Income statement
Revenue$4.77B
Gross profit$2.06B
Operating income$1.75B
Net income$1.38B
Margins
Gross margin43.1%
Operating margin36.7%
Net margin28.9%
FCF margin19.9%
Balance sheet
Total assets$30.83B
Total liabilities$6.86B
Total equity$23.97B
Cash & equivalents—
Long-term debt$536.5M
Cash flow
Operating cash flow$5.99B
CapEx-$1.97B
Free cash flow$950.3M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.77B
- ▍Operating income $1.75B
- ▍Net margin 28.9%
QUARTERLYFiled 2024-11-11
Q3 2024 · Quarter highlights
Revenue $4.87B; Operating income $1.69B.
Revenue$4.87B
Operating income$1.69B
Net income$1.24B
Free cash flow-$413.2M
EPS—
Operating cash flow$4.24B
Financials
Income statement
Revenue$4.87B
Gross profit$1.89B
Operating income$1.69B
Net income$1.24B
Margins
Gross margin38.8%
Operating margin34.8%
Net margin25.5%
FCF margin-8.5%
Balance sheet
Total assets$29.45B
Total liabilities$6.87B
Total equity$22.58B
Cash & equivalents—
Long-term debt$536.1M
Cash flow
Operating cash flow$4.24B
CapEx-$1.22B
Free cash flow-$413.2M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.87B
- ▍Operating income $1.69B
- ▍Net margin 25.5%
QUARTERLYFiled 2024-08-12
Q2 2024 · Quarter highlights
Revenue $4.86B; Operating income $1.62B.
Revenue$4.86B
Operating income$1.62B
Net income$1.19B
Free cash flow$1.10B
EPS—
Operating cash flow$2.86B
Financials
Income statement
Revenue$4.86B
Gross profit$1.90B
Operating income$1.62B
Net income$1.19B
Margins
Gross margin39.1%
Operating margin33.3%
Net margin24.5%
FCF margin22.7%
Balance sheet
Total assets$29.80B
Total liabilities$6.75B
Total equity$23.04B
Cash & equivalents—
Long-term debt$535.7M
Cash flow
Operating cash flow$2.86B
CapEx-$957.0M
Free cash flow$1.10B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.86B
- ▍Operating income $1.62B
- ▍Net margin 24.5%
QUARTERLYFiled 2024-05-07
Q1 2024 · Quarter highlights
Revenue $4.56B; Operating income $1.60B.
Revenue$4.56B
Operating income$1.60B
Net income$1.19B
Free cash flow$905.0M
EPS—
Operating cash flow$1.54B
Financials
Income statement
Revenue$4.56B
Gross profit$1.78B
Operating income$1.60B
Net income$1.19B
Margins
Gross margin39.0%
Operating margin35.1%
Net margin26.0%
FCF margin19.8%
Balance sheet
Total assets$30.29B
Total liabilities$8.44B
Total equity$21.85B
Cash & equivalents—
Long-term debt$528.6M
Cash flow
Operating cash flow$1.54B
CapEx-$564.1M
Free cash flow$905.0M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.56B
- ▍Operating income $1.60B
- ▍Net margin 26.0%
ANNUALFiled 2026-02-09
FY 2026 · Full-year highlights
Revenue $18.51B, −2,9% YoY; Operating income +0,8% YoY.
Revenue$18.51B−2,9 % YoY
Operating income$6.72B+0,8 % YoY
Net income$5.17B+3,3 % YoY
Free cash flow-$821.0M−189,4 % YoY
EPS—
Operating cash flow$5.93B−1,0 % YoY
Financials
Income statement
Revenue$18.51B
Gross profit$7.83B
Operating income$6.72B
Net income$5.17B
Margins
Gross margin42.3%
Operating margin36.3%
Net margin27.9%
FCF margin-4.4%
Balance sheet
Total assets$32.47B
Total liabilities$7.76B
Total equity$24.70B
Cash & equivalents—
Long-term debt$27.9M
Cash flow
Operating cash flow$5.93B
CapEx-$2.89B
Free cash flow-$821.0M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $18.51B, −2,9% YoY
- ▍Operating income +0,8% YoY
- ▍Net income +3,3% YoY
- ▍Free cash flow −189,4% YoY
- ▍Net margin 27.9%
ANNUALFiled 2025-02-06
FY 2025 · Full-year highlights
Revenue $19.06B, +6,5% YoY; Operating income +30,9% YoY.
Revenue$19.06B+6,5 % YoY
Operating income$6.66B+30,9 % YoY
Net income$5.00B+6,0 % YoY
Free cash flow$918.6M−74,2 % YoY
EPS—
Operating cash flow$5.99B+15,8 % YoY
Financials
Income statement
Revenue$19.06B
Gross profit$7.63B
Operating income$6.66B
Net income$5.00B
Margins
Gross margin40.0%
Operating margin35.0%
Net margin26.2%
FCF margin4.8%
Balance sheet
Total assets$30.83B
Total liabilities$6.86B
Total equity$23.97B
Cash & equivalents—
Long-term debt$536.5M
Cash flow
Operating cash flow$5.99B
CapEx-$1.97B
Free cash flow$918.6M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $19.06B, +6,5% YoY
- ▍Operating income +30,9% YoY
- ▍Net income +6,0% YoY
- ▍Free cash flow −74,2% YoY
- ▍Net margin 26.2%
ANNUALFiled 2024-02-12
FY 2024 · Full-year highlights
Revenue $17.91B; Operating income $5.09B.
Revenue$17.91B
Operating income$5.09B
Net income$4.72B
Free cash flow$3.56B
EPS—
Operating cash flow$5.17B
Financials
Income statement
Revenue$17.91B
Gross profit$6.84B
Operating income$5.09B
Net income$4.72B
Margins
Gross margin38.2%
Operating margin28.4%
Net margin26.4%
FCF margin19.9%
Balance sheet
Total assets$29.00B
Total liabilities$6.71B
Total equity$22.29B
Cash & equivalents—
Long-term debt$537.7M
Cash flow
Operating cash flow$5.17B
CapEx-$635.9M
Free cash flow$3.56B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $17.91B
- ▍Operating income $5.09B
- ▍Net margin 26.4%
Valuation TTM
Market price
$3,34
Market cap
—
Enterprise valueⓘ
—
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
$21.85B
Net cashⓘ
-$528.6M
Current ratioⓘ
1.4
Debt / equityⓘ
0.0
ROAⓘ
3.9%
ROEⓘ
5.4%
Cash conversionⓘ
130.0%
CapEx / revenueⓘ
-12.4%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Gas Gathering & Processing—
low · llm_fanout_v2
Oil & Gas Exploration & Production—
low · llm_fanout_v2
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
0,06
Predicted surprise
-0,00
Beat probability
45 %
Analysts
17
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-01 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,06 |
| Revenue | —no estimate | —no estimate | 20,7B USD |
| Operating income | —no estimate | —no estimate | 6,6B USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-07-07
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution17 analysts
Strong buy5
Buy11
Hold1
Sell0
Strong sell0
12-month price target$4,17 · Median $4,12
Low $3,90High $5,00
Operating income · consensus6,6B USD
EPS surprise
+6,3 %
reported vs consensus · beat
Revenue surprise
+13,2 %
reported vs consensus · beat
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$3,90
Mean$4,17
Median$4,12
High$5,00
Spot$3,34
+25.0 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskMedium
Filing-based flags
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Op Margin35,1 %Above P75
Net Margin26,0 %Above P75
ROE5,4 %Above median
Capex / Rev-12,4 %Above P75
D/E0,02Above median
Cash Conv1,30Above median
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
Source documents
- ADNOC Gas PLC Market data — financials · 2026-05-27
- ADNOC Gas PLC Market data — analyst estimates · 2026-05-27
Ownership & reference
Insider activity
— missing data
Short positioning
— missing data
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
ADNOCGAS.ADCanonical
— · USD
Intel & risk
peak dispatch · 2026-07-06
OSINT findings
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Evidence & claims
From filings & derived data— missing data
The Thread
Everything we know, in order2026-07-06 05:25 UTCNEWSADNOC launches global LNG trading platform to streamline gas exports → The Abu Dhabi energy major consolidates marketing and trading operations in ADGM, signaling a push to monetize its expanding liquefied natural gas portfolio amid rising global demand.
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-02-09 05:13 UTCEARNINGSQuarterly results — Q4 2025 Revenue USD 4.33B · Net USD 1.17B
2026-02-09 05:13 UTCEARNINGSAnnual results — FY 2026 Revenue USD 18.51B · Net USD 5.17B
2025-11-13 04:05 UTCEARNINGSQuarterly results — Q3 2025 Revenue USD 4.86B · Net USD 1.34B
2025-08-06 05:12 UTCEARNINGSQuarterly results — Q2 2025 Revenue USD 4.66B · Net USD 1.39B
2025-05-05 05:02 UTCEARNINGSQuarterly results — Q1 2025 Revenue USD 4.67B · Net USD 1.27B
2025-02-06 04:03 UTCEARNINGSQuarterly results — Q4 2024 Revenue USD 4.77B · Net USD 1.38B
2025-02-06 04:03 UTCEARNINGSAnnual results — FY 2025 Revenue USD 19.06B · Net USD 5.00B
2024-11-11 03:50 UTCEARNINGSQuarterly results — Q3 2024 Revenue USD 4.87B · Net USD 1.24B
2024-08-12 05:00 UTCEARNINGSQuarterly results — Q2 2024 Revenue USD 4.86B · Net USD 1.19B
2024-05-07 05:07 UTCEARNINGSQuarterly results — Q1 2024 Revenue USD 4.56B · Net USD 1.19B
2024-02-12 03:58 UTCEARNINGSAnnual results — FY 2024 Revenue USD 17.91B · Net USD 4.72B
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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