Wedoany.com Report-Nov. 14, Abu Dhabi National Oil Company Gas (ADNOC Gas) reported record net income of $1.34 billion for Q3 2025, marking its highest-ever third-quarter figure and an 8% increase compared to the same period in 2024. Year-to-date net income reached $3.99 billion, up 10% from last year, despite a decline in average oil prices from $83 per barrel in 2024 to $71/bbl in the first nine months of 2025.

To enhance shareholder value, ADNOC Gas will begin distributing quarterly dividends, starting in Q3 2025.

The company’s Q3 revenues were $5.9 billion, down 6% from $6.2 billion a year earlier, while nine-month revenue totaled $17.9 billion, a 2% decrease from $18.3 billion in the same period last year. ADNOC Gas’ domestic gas business delivered EBITDA of $914 million for Q3 2025, a 26% increase compared to the previous year. Domestic gas sales volumes grew by 4% during the first nine months, supported by the UAE’s strong economic performance and improved underlying margins following structural improvements from contract renegotiations.

The International Monetary Fund forecasts UAE economic growth of 4.8% in 2025 and 5% in 2026, providing a supportive environment for ADNOC Gas’ domestic operations. The company reported substantial operating cash flow, enabling it to fund expanding capital projects and increase dividend payments without raising additional debt.

To enhance shareholder value, ADNOC Gas announced it will begin distributing quarterly dividends, starting with an interim Q3 2025 dividend of $896 million, scheduled for payment by 12 December 2025. The Board of Directors also approved a 5% annual increase in dividend payouts, extending the policy through 2030.

CEO Fatema Al Nuaimi said: “Our record Q3 results, and strong year-to-date performance, are a testament to the resilience and adaptability of our business model. Our profitability continues to grow, even while oil prices are down. Despite a lower oil price environment, we continue to deliver robust returns, underpinned by operational excellence and improved commercial agreements. Our enhanced dividend policy with quarterly distribution further demonstrates our commitment to maximising value for our shareholders.”

The company highlighted that its improved commercial agreements and operational efficiency are key drivers of its performance, allowing ADNOC Gas to maintain strong earnings and cash flow despite weaker global oil prices. The company continues to focus on strategic capital deployment, operational excellence, and expanding domestic gas sales to sustain long-term growth.

ADNOC Gas’ Q3 performance reflects both its ability to manage market volatility and the growing contribution of domestic gas operations to overall profitability. The firm remains on track to support the UAE’s energy and economic objectives while delivering enhanced returns to shareholders. The introduction of quarterly dividends and the 5% annual increase underscores ADNOC Gas’ commitment to shareholder-focused financial policies.

Overall, ADNOC Gas’ results demonstrate resilience in a lower oil price environment, supported by domestic market growth, efficient operations, and a strengthened dividend framework. The company continues to position itself for sustainable performance in 2025 and beyond.