HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.May.2025) — ADNOC Gas plc and its subsidiaries reported net income of $1.27bn and EBITDA of $2.16bn in the first-quarter 2025 (1Q:25), up 7% and 4% respectively compared to the 1Q:24. The performance was driven firstly by continued demand for domestic gas, which was up compared to […]
Tag: ADNOC Gas
ADNOC Gas Reports Net Income of $5bn in 2024
HOUSTON, TEXAS (Energy Analytics Institute, 6.Feb.2025) — ADNOC Gas plc and its subsidiaries reported record earnings for the full year (FY) 2024 of $5bn, and its highest quarterly income of $1.38bn since its initial public offering (IPO), significantly ahead of the Bloomberg consensus for both periods. “Our record-breaking fourth quarter […]