ADNOC Gas reports 8% increase in Q3 net income

ADNOC Gas has reported nett income of $1.34bn for the 3rd 4th of 2025 (Q3 2025), its highest-ever third-quarter nett income fig and an summation of 8% compared to the aforesaid play past year.

The company’s year-to-date nett income stood astatine $3.99bn, a 10% summation implicit the erstwhile year.

This was achieved contempt a diminution successful mean lipid prices from $83 per tube (bbl) successful 2024 to $71/bbl successful the archetypal 9 months of 2025.

The company’s revenues for Q3 stood astatine $5.9bn, a 6% alteration compared to $6.2bn for the aforesaid play past year.

For the archetypal 9 months of 2025, gross was $17.9bn, a 2% diminution compared to $18.3bn successful the aforesaid play past year.

ADNOC Gas’ home state concern delivered net earlier interest, taxes, depreciation and amortisation (EBITDA) of $914m for Q3 2025, a 26% summation compared to the aforesaid play a twelvemonth ago.

The institution saw its home state income volumes turn by 4% during the archetypal 9 months of the year.

This maturation has been attributed chiefly to the spot of the United Arab Emirates (UAE) economy, on with improved underlying margins aft undertaking structural improvements from declaration renegotiation.

The International Monetary Fund (IMF) has forecasted economical maturation of 4.8% for the UAE successful 2025 and 5% successful 2026.

The institution stated that its operating currency travel remains substantial, enabling the backing of some expanding superior projects and accrued dividend payments, without incurring further debt.

To heighten shareholder value, the institution volition statesman distributing quarterly dividends, starting successful Q3 2025.

The inaugural interim Q3 2025 dividend of $896m volition beryllium paid by 12 December 2025.

The ADNOC Gas Board of Directors besides approved a 5% yearly summation successful dividend payouts, with this argumentation extended done to 2030.

ADNOC Gas CEO Fatema Al Nuaimi said: “Our grounds Q3 results, and beardown year-to-date performance, are a testament to the resilience and adaptability of our concern model. Our profitability continues to grow, adjacent portion lipid prices are down.

“Despite a little lipid terms environment, we proceed to present robust returns, underpinned by operational excellence and improved commercialized agreements.

“Our enhanced dividend argumentation with quarterly organisation further demonstrates our committedness to maximising worth for our shareholders.”

"ADNOC Gas reports 8% summation successful Q3 nett income " was primitively created and published by Offshore Technology, a GlobalData owned brand.

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