Abu Dhabi National Oil Company for Distribution PJSC (ADX: ADNOCDIST)
United Arab Emirates
· Delayed Price · Currency is AED | Market Cap | 42.38B |
| Revenue (ttm) | 36.18B |
| Net Income (ttm) | 2.52B |
| Shares Out | 12.50B |
| EPS (ttm) | 0.20 |
| PE Ratio | 16.84 |
| Forward PE | 16.06 |
| Dividend | 0.21 (6.07%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 4,600,079 |
| Average Volume | 3,729,050 |
| Open | 3.410 |
| Previous Close | 3.430 |
| Day's Range | 3.390 - 3.430 |
| 52-Week Range | 3.240 - 3.820 |
| Beta | 0.33 |
| RSI | 45.84 |
| Earnings Date | Feb 6, 2025 |
About ADX: 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]
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 StatementsNews
India Seeks Alternative Crude Pricing From Middle East as Shipping Costs Soar
The biggest Indian state refiners have asked one Middle Eastern exporter to offer alternative price quotes for its crude as India is scrambling for the cheapest possible supply amid soaring oil and sh...
Flowserve Corp (FLS) Secures Contract for ADNOC's Carbon Capture Project
Flowserve Corp (FLS) Secures Contract for ADNOC's Carbon Capture Project
ADNOCs Aggressive Push for Global Energy Assets
Abu Dhabis national oil company ADNOC continues to expand its global footprint in both upstream and downstream sectors. ADNOC Logistics and Services (L&S) announced the completion of a $1.08 billion a...
ICYMI - OPEC's crude oil production declined in December, driven primarily by the UAE
ICYMI - reports Monday US time on OPEC oil supply dipping a touch in December. Info via Bloomberg (gated). OPEC's crude oil production declined in December, driven primarily by the UAE's efforts to im...
ADNOC Drilling, Alpha Dhabi Holdings JV acquires 51% stake in NTS AMEGA
ADNOC Drilling announced completing the transaction on 31 December 2024, according to a bourse disclosure
ADNOC ICV programme to drive $54.4bln into UAE economy in 5 years
This strategic initiative will boost economic growth and diversification, reinforcing ADNOC's commitment to supporting the nation's long-term prosperity
ADNOC Distribution at Liwa International Festival 2025
Participation Key Highlights
ADNOC Drilling forecasts 18% growth in medium term
ADNOC subsidiary is making $1.5bln of acquisitions in 2024 and 2025
ADNOC Distribution CFO resigns after two years, new CIO appointed
Wayne Beifus joined the company in June 2022
Abu Dhabi Social Support Authority and ADNOC technical academy organize open day to train program beneficiaries
The event aimed to promote the participants engagement and equip them with the necessary skills
UAE Oil Giant Sees Chemical Firm Covestro as Base for Growth
Abu Dhabi National Oil Co. plans to keep Covestro AG, the German chemical maker it’s taking over, as a standalone business.
Covestro shareholders accept ADNOC's XRG takeover offer
Shares tendered and bought by XRG are equivalent to 91.32% of Covestro's total outstanding shares, XRG said
Kenya extends petroleum supply deal with Gulf firms
The deal with Saudi Aramco, Abu Dhabi National Oil Company and Emirates National Oil Company was initially agreed in March last year and was extended in September 2023 until this month
UAE's ADNOC Gas appoints new CEO
Fatema Al Nuaimi was previously CEO of ADNOC LNG and is currently executive vice president, downstream business management, ADNOC
ADNOC says 8 mtpa Ruwais LNG capacity committed in long-term supply deal
Deliveries expected to start in 2028
Arcius Energy Takes Off: BP And XRG's Gas Power Play In Egypt
BP p.l.c. (NYSE: BP) disclosed the financial close and completed formation of their new joint venture, Arcius Energy . Formed in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG, ADNOC’...
ADNOC signs 15-year, 0.6 mtpa sales and purchase agreement with EnBW for Ruwais LNG project
SPA with one of Germanys largest energy infrastructure operators converts previous Heads of Agreement into a binding agreement
ADNOC launches AI-powered chatbot to support investors
ADNOC Distribution launches AI chatbot ARIF to support investor relations in English and Arabic
UAE president okays board of ADNOC global investment arm XRG
Abu Dhabi National Oil Company announced last month it was setting up XRG, saying it was worth over $80 billion
ADNOC partners with local and federal entities to boost local manufacturing capabilities
Strategic collaboration agreement with MoIAT, ADDED, ADIO and ADCCI is aimed to boost local manufacturing capabilities and empower SMEs
UAE Stocks: Pure Health Holding, ADNOC Drilling, Mair
Pure Health Holding, ADNOC Drilling and Mair on the UAE Stock Market are today's biggest risers and fallers at the close
ADNOC signs 15-Year, 1 mtpa Sales and Purchase Agreement with PETRONAS
The LNG will primarily be sourced from the Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhab
AIQ, ADNOC, Baker Hughes, and CORVA announce AI-ROP optimization project
To transform drilling efficiency across ADNOC fields
ADNOC signs 15-Year, 1 mtpa Sales and Purchase Agreement with PETRONAS for Ruwais LNG Project
Sales and Purchase Agreement converts previous Heads of Agreement between ADNOC and Malaysias PETRONAS into a binding agreement
ADNOC says Covestro shareholders accept takeover offer
ADNOC said the additional acceptance period would start on Tuesday, allowing Covestro shareholders to accept the offer until Dec. 16