ADNOC Gas reports 1.34 billion USD Q3 net profit, double prior quarter
Domestic gas sales rose 20 percent quarter on quarter, while international EBITDA climbed 106 percent in the same period.
ADNOC Gas PLC disclosed net profit of 4.92 billion dirham, equivalent to 1.34 billion USD, for the third quarter of 2026, double the 2.44 billion dirham recorded in the second quarter of the same year. The company reported EBITDA of 7.46 billion dirham for the period, a 70 percent increase quarter on quarter, according to a statement published on 10 November 2026. The result was supported by performance across domestic gas, liquefied natural gas, export liquids and sulphur operations.
Domestic gas sales rise 20 percent#
Domestic gas sales in the United Arab Emirates increased 20 percent compared to the prior quarter, supported by higher demand. The domestic gas segment recorded EBITDA growth of 28 percent over the same period. The company reported higher margins in the domestic business during the quarter. Fatima Al Nuaimi, chief executive of ADNOC Gas, stated in the announcement that the company met domestic and global demand while delivering the financial performance.
International EBITDA climbs 106 percent#
International operations delivered EBITDA growth of 106 percent quarter on quarter, driven by expanded product sales in global markets. Sulphur operations contributed to the result, with EBITDA rising 249 percent in the same comparison. The company expanded the range of products sold in international markets during the quarter. The integrated portfolio structure allowed the business to capture value across multiple product lines during the period.
Quarterly dividend set at 940 million USD#
The board approved a quarterly dividend of 3.45 billion dirham, or 940 million USD, representing a 5 percent increase year on year and payable in December 2026. The distribution aligns with the company's stated target of 5 percent annual dividend growth through 2030. Operating cash flow for the first nine months of 2026 reached 14.03 billion dirham, or 3.82 billion USD, covering dividends declared in the period. The company stated that the cash generation supported both shareholder returns and ongoing investment in its growth programme.
Sources1 source across 1 domain
- snabusiness.comSNA BusinessQ3 2026 net profit of 1.34 billion USD, Q2 comparison, EBITDA figures, domestic sales growth, international EBITDA growth, sulphur EBITDA growth, dividend amount and date, operating cash flow for nine months, CEO statement
Each source above carries the claim it supports. Links open the publisher's own page; their text is not reproduced here beyond what the claim requires, and their rights remain theirs.
Arabia Tomorrow is published by Arabian Media Network. Pieces are produced by the Infrastructure Capital Desk with AI-assisted synthesis of the cited sources and automated verification against the network's editorial policy. Every piece carries a desk rather than a reporter. Corrections are recorded on the piece and on the corrections page.
Every announced MENA data centre and IPP: announced capacity, financing status, EPC awarded, chip licence status, stated energisation quarter, slip to date in quarters.