United Arab Emirates · Delayed Price · Currency is AED ADNOC Gas Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw resilient financial results despite major operational disruptions, with net income of $665 million and 85% of Habshan supply restored ahead of schedule. The company upgraded its 2030 EBITDA growth target to 60%, supported by $28 billion in committed CapEx and robust domestic market performance.
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Q1 2026 net income reached $1.08 billion despite export disruptions, with strong domestic resilience and a robust balance sheet. Full-year net income is guided at $3.5–$4 billion, and long-term growth targets remain on track, supported by new contracts and UAE's OPEC exit.
Fiscal Year 2025
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Record net income of $5.17B in 2025, up 3% year-over-year, with strong domestic gas performance and resilient EBITDA despite a 14% drop in oil prices. $20B in growth CapEx committed, major LNG and gas projects progressing, and 40% EBITDA growth targeted by 2029.
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Record Q3 net income and EBITDA growth driven by strong domestic demand and margin improvements, despite lower oil prices. Major projects and AI initiatives support long-term growth, with robust cash flow funding CAPEX and rising dividends.