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.