ADNOC Gas plc (ADX: ADNOCGAS) and its subsidiaries today announced their financial results for the third quarter of 2025, posting the highest third-quarter profit in the company’s history. Net income for the period reached $1.34 billion, representing an 8% year-on-year increase, while year-to-date net profit rose to $3.99 billion, surpassing analyst expectations. This performance was achieved despite a decline in average oil prices to $71 per barrel, compared to $83 per barrel during the same period in 2024.
The company’s domestic gas division delivered particularly strong results, generating EBITDA of $914 million, up 26% from last year. Growth in the UAE economy — projected by the IMF to expand by 4.8% in 2025 and 5% in 2026 — supported a 4% rise in domestic gas sales volumes for the first nine months of the year. This performance was further enhanced by improved operating margins resulting from successful contract restructuring and commercial optimizations.
Fatema Al Nuaimi, Chief Executive Officer of ADNOC Gas, commented “Our record quarterly earnings demonstrate the strength and adaptability of our business model. Even in a softer oil price environment, ADNOC Gas continues to deliver consistent profitability through operational excellence, disciplined execution, and stronger commercial terms. The introduction of quarterly dividend payments reinforces our commitment to delivering steady and growing value for our shareholders.”
ADNOC Gas’ resilient performance highlights its position as a reliable, high-return investment. With record quarterly net income of $1.34 billion and year-to-date profit of $3.99 billion, the company continues to generate robust cash flows that support both growth investments and shareholder returns.
To further enhance shareholder value, ADNOC Gas will now provide quarterly dividend distributions, starting with an interim dividend of $896 million, scheduled for payment on December 12, 2025. In addition, the company’s 5% annual dividend growth policy has been extended through 2030, ensuring sustained and predictable returns for investors.
The company’s strong cash generation remains a key pillar of its financial stability. ADNOC Gas continues to self-fund both its expanding capital program and dividend commitments without additional borrowing. This disciplined approach supports long-term investments in capacity expansion and infrastructure, ensuring continued value creation for shareholders while maintaining a solid balance sheet.
ADNOC Gas plc is a leading, fully integrated gas processing and marketing company listed on the Abu Dhabi Securities Exchange (ADX: ADNOCGAS, ISIN: AEE01195A234). Operating across the entire gas value chain — from feedstock supply and processing to product sales — ADNOC Gas provides approximately 60% of the UAE’s domestic gas requirements and serves customers in more than 20 international markets.
