Abu Dhabi National Oil Company for Distribution PJSC (ADX: ADNOCDIST)

United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
3.600
-0.030 (-0.83%)
Sep 16, 2024, 10:00 AM GST
-5.26%
Market Cap 45.00B
Revenue (ttm) 36.03B
Net Income (ttm) 2.69B
Shares Out 12.50B
EPS (ttm) 0.21
PE Ratio 16.76
Forward PE 17.18
Dividend 0.21 (5.71%)
Ex-Dividend Date Apr 5, 2024
Volume 9,085,026
Open 3.650
Previous Close 3.630
Day's Range 3.590 - 3.650
52-Week Range 3.240 - 3.830
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 11, 2024

About ADNOCDIST

Abu Dhabi National Oil Company for Distribution PJSC, together with its subsidiaries, markets petroleum products, natural gas, and ancillary products in the United Arab Emirates. It operates in Commercial (B2B) and Retail (B2C) segments. The Commercial (B2B) segment sells petroleum and ancillary products to commercial and government customers, as well as provides aviation fuel and fueling services to strategic customers; and fueling services to civil aviation customers. The Retail (B2C) segment offers car wash and other car care services; oil c... [Read more]

Industry Crude Petroleum and Natural Gas
Founded 1973
Employees 13,000
Stock Exchange Abu Dhabi Securities Exchange
Ticker Symbol ADNOCDIST
Full Company Profile

Financial Performance

In 2023, ADNOCDIST's revenue was 34.63 billion, an increase of 7.84% compared to the previous year's 32.11 billion. Earnings were 2.60 billion, a decrease of -5.35%.

Financial Statements

News

India's IOC LNG deal with ADNOC likely priced around 12.4% slope to crude oil

Indian Oil Corp.'s deal with Abu Dhabi National Oil Co. for the supply of 1 million metric tons per year for 15 years from the Ruwais LNG facility is likely priced around 12.4% slope to crude oil, sou...

2 days ago - S&P Global Platts

Abu Dhabi bids for Germany’s industrial jewel

State oil company Adnoc is expected to offer €14.4bn for Covestro, in the biggest European deal this year

5 days ago - Financial Times

Influence in This Key Oil Hub is Essential for Both The U.S. and China

Recent landmark deals by China and the U.S. reaffirm that the United Arab Emirates (U.A.E.) remains vital to the Middle East strategies of the two global superpowers - and for much the same reasons. T...

5 days ago - OilPrice com

Abu Dhabi plans $15.9 billion offer for German chemicals giant Covestro: report

Abu Dhabi National Oil Company is expected to make an offer to buy the Bayer spinoff in what would mark the largest cash transaction in the history of the chemicals industry

7 days ago - MarketWatch

Abu Dhabis ADNOC set to make $16bln offer for Germanys Covestro

Sultan Al Jaber, the head of the Abu Dhabi oil giant, was in Germany in August to finalise negotiations, FT reports

7 days ago - Zawya

ADNOC signs Heads of Agreement with IndianOil for Ruwais LNG Project

15-year LNG agreement for 1 mmtpa reinforces ADNOCs position as a reliable global natural gas provider

8 days ago - Zawya

Adnoc enters major LNG deal with IndianOil

The agreements come within the ambit of the UAE-India Comprehensive Economic Partnership Agreement

8 days ago - Zawya

Ion Exchange stock surges 2% after getting orders worth Rs 168 crore from Technimont SpA, Italy

Shares of Ion Exchange surged by more than 2% in the morning trade after the company received an order worth Rs 168 crore from Technimont SpA, Italy. Ion Exchange informed exchanges that Technimont Sp...

9 days ago - Business Upturn

UAE becomes first Arab state to complete nuclear power plant

The UAE has successfully completed the Arab world’s first nuclear power plant, with the Barakah Nuclear Energy Plant now fully operational. The plant’s fourth and final reactor began commercial operat...

9 days ago - Middle East Monitor

Oil Majors and Traders Vye for Shells South African Assets

Oil trading giants and the national oil companies of some of the Middle East's biggest oil producers are in the race to buy Shell's South African service stations as they look to expand their access t...

10 days ago - OilPrice com

Ion Exchange wins order worth Rs 168 crore from Technimont SpA, Italy

Ion Exchange informed exchanges that it received a contract worth approximately Rs 168 crores from Technimont SpA, Italy, for De-Oiling, Demineralization, and Condensate Poly Unit Packages for ADNOC’s...

12 days ago - Business Upturn

Battle for Shell’s South African assets

Saudi Aramco, Abu Dhabi National Oil Company and commodities trader Trafigura are among the suitors competing to buy Shell’s service stations in South Africa.

12 days ago - Daily Investor

Aramco, Trafigura Said to Compete for Shell South Africa Assets

Saudi Aramco, Abu Dhabi National Oil Co. and commodities trader Trafigura are among suitors competing to buy Shell Plc’s service stations in South Africa, according to people familiar with the matter.

12 days ago - BNN Bloomberg

ADNOC to acquire 35% stake in Exxon’s low-carbon hydrogen project

The planned project in Baytown, Texas, will be world’s largest and produce 900,000 tons of low-carbon hydrogen and over 1 million tons of low-carbon ammonia

13 days ago - Arabian Business

Abu Dhabi's ADNOC tightens guidance for three-part bonds, IFR reports

JPMorgan and Morgan Stanley are global coordinators for the debt deal

13 days ago - Zawya

UAEs State Oil Giant ADNOC Issues First-Ever Bond

Abu Dhabis state oil firm ADNOC is beginning its first bond sale with a three-tranche dollar-denominated issuance on Wednesday, sources with knowledge of the matter told Bloomberg. ADNOC is joining ot...

13 days ago - OilPrice com

Adnoc to take 35% stake in Exxon's Texas hydrogen project

Abu Dhabi National Oil Company acquires 35% stake in Exxon Mobil's low-carbon hydrogen facility in Texas, making it world's largest of its kind.

13 days ago - Seeking Alpha

ADNOC to take 35% stake in Exxon's Texas hydrogen plant

The production facility aims to produce up to 1 billion cubic feet per day of low-carbon hydrogen, with around 98% of carbon dioxide removed, they said in a statement

14 days ago - Zawya

Khaled bin Mohamed bin Zayed witnesses signing of strategic partnership between ADNOC and ExxonMobil to establish worlds largest low-carbon hydrogen facility

Strategic collaboration supports the UAEs efforts to ensure the security and sustainability of the global energy sector

14 days ago - Zawya

Abu Dhabi’s Adnoc Buys 35% Stake in Exxon’s Texas Hydrogen Plant

Abu Dhabi National Oil Co. agreed to take a 35% stake in Exxon Mobil Corp.’s proposed hydrogen project in Baytown, Texas, which is likely to be the world’s biggest once built.

14 days ago - BNN Bloomberg

Adnoc Debuts on Bond Market with Three-Tranche Dollar Deal

Abu Dhabi’s main oil producer Adnoc kicked off its inaugural bond sale, joining a global rush of debt issuance as companies look to lock in favorable borrowing costs.

14 days ago - BNN Bloomberg

Adnoc Prepares Bond Market Debut After Over Two Year Wait

Abu Dhabi’s main oil producer Adnoc is set to make its bond market debut more than two years after creating an entity to pursue such financing.

15 days ago - BNN Bloomberg

First water-from-air bottles now available at ADNOC and Union Coop stores in UAE

Ma Hawa, the UAE-based pioneer in sustainable hydration solutions, aims to redefine everyday hydration with the retail roll-out

16 days ago - Zawya

ADNOC Drilling, Alpha Dhabi JV acquires additional stake in Gordon Technologies

Enersol will be the majority equity holder in Gordon with 67.2%

16 days ago - Zawya