Energy

Sector Valuation

Company Name Rating Country Currency CMP
(Local Currency)
Market Cap
(USD m)
Target Price
(Local Currency)
PER
(x)
ADVT 3m
(Volume)
Estimates
Last Updated On
ROE
(Fwd) (%)
ADNOC Distribution BUY UAE AED 4.09 13,919,139,299 4.70 23.78 10,503,050 5-Feb-26 89.81
ADNOC Drilling BUY UAE AED 5.32 23,174,516,130 6.50 NA 11,104,510 19-Jan-26 36.63
ADNOC Gas BUY UAE AED 3.63 75,852,887,156 4.30 NA 38,299,520 10-Feb-26 22.85
DANA Gas BUY UAE AED 0.948 1,805,503,344 1.15 11.73 16,379,020 19-Jan-26 5.68
NMDC Energy BUY UAE AED 2.71 3,689,082,396 4 NA 2903033 5-Feb-26 28.1827267
Show more

Recent Research

  • UAE Flag
    EARNINGS CALL INSIGHT
    10 Feb 2026
    DANA Gas
    BUY
    AED 0.95
    AED 1.15
    +20.67%

    UAE Equity Research - Dana Gas 4Q25 - Earnings Call Insight

    Dana Gas gross revenue decreased 41.5% YOY to USD 93 Mn in 4Q25, driven by lower production in Egypt and a softer realized price environment. Additionally, 4Q24 revenue included USD 46 Mn of revenue resulting from the higher gas price agreed as part of the Consolidation agreement.
  • UAE Flag
    EARNINGS CALL INSIGHT
    10 Feb 2026
    ADNOC Gas
    BUY
    AED 3.68
    AED 4.30
    +16.85%

    UAE Equity Research - ADNOC Gas 4Q25 - Earnings Call Insight

    Revenue declined 9.3% YOY to USD 4,326 Mn in 4Q25, primarily due to an unfavourable pricing environment, partially offset by higher domestic gas and export & traded liquids sales volumes. Total sales volume rose 4.7% YOY to 910 trillion British thermal units (TBTU) in 4Q25.
  • UAE Flag
    EARNINGS CALL INSIGHT
    05 Feb 2026
    NMDC Energy
    BUY
    AED 2.72
    AED 4.00
    +47.06%

    UAE Equity Research - NMDC Energy 4Q25 - Earnings Call Insight

    NMDC Energy’s revenue increased 21.3% YOY to AED 5.7 Bn in 4Q25, supported by a strong backlog execution. Gross profit increased significantly from AED 600 Mn in 4Q24 to AED 921 Mn in 4Q25, with gross profit margins increasing 341 bps YOY to 16.3%.
  • UAE Flag
    FIRST LOOK NOTES
    05 Feb 2026
    NMDC Energy
    BUY
    AED 2.72
    AED 4.00
    +47.06%

    UAE Equity Research - NMDC Energy 4Q25 - First Look Note

    The Company’s pipeline stood at AED 58.6 Bn with an expected win rate of 20%-25% in 2025. NMDC Energy’s backlog stood at AED 40.1 Bn, with 80% from Local and 20% from international markets, while Offshore projects accounted for 63% and the balance from Onshore projects.
  • UAE Flag
    FIRST LOOK NOTES
    05 Feb 2026
    ADNOC Distribution
    BUY
    AED 4.06
    AED 4.70
    +15.76%

    UAE Equity Research - ADNOC Distribution (ADNOCDIST) 4Q25 - First Look Note

    ADNOCDIST expanded its footprint to 1,010 service stations and 536 convenience stores across the UAE, KSA, and Egypt in 2025. ADNOCDIST added 99 DOCO sites in 2025, doubling the network, with 30+ already operational and the rest to come online soon, subject to approvals.
  • UAE Flag
    EARNINGS CALL INSIGHT
    05 Feb 2026
    ADNOC Distribution
    BUY
    AED 4.06
    AED 4.70
    +15.76%

    UAE Equity Research - ADNOC Distribution (ADNOCDIST) 4Q25 - Earnings Call Insight

    ADNOC Distribution’s revenue grew 7.0% YOY to AED 9,460 Mn in 4Q25, driven by higher growth in volumes and contribution from non-fuel retail business. Direct cost increased 5.3% YOY to AED 7,609 Mn in 4Q25.

Advance Search

Search Company

List of companies
Search result