ADNOC Gas became a public company in 2023. It is a subsidiary of Abu Dhabi National Oil Company (ADNOC) and successfully completed its Initial Public Offering (IPO) with a 5% offering in March 2023, raising $2.5 billion. A secondary placement was completed in February 2025, increasing the free float to 9% and paving the way for inclusion in share indexes such as MSCI and FTSE. The secondary placement involved the sale of an additional 3.1 billion shares, raising gross proceeds of approximately $2.84 billion. Both the IPO and the secondary offering were the biggest of its kind on the ADX.
ADNOC Gas is a leading gas processing company in the UAE, supplying approximately 60% of the UAE’s sales gas needs and serving end-customers in over 20 countries. ADNOC Gas's equity story highlights its long-term growth prospects, commitment to decarbonization, and a highly attractive annual dividend policy. For further investment case highlights click here.
ADNOC Gas is listed on the Abu Dhabi Securities Exchange (ADX).
ADNOC Gas aims to grow dividends from a $3.25 billion base of the IPO year (2023) by 5% per year through 2027 on a dividend per share basis. For further dividend information click here.
ADNOC Gas pays dividends twice a year. For further dividend information click here.
The free float of ADNOC Gas is 9%.
You can buy shares of ADNOC Gas through a brokerage account that has access to the Abu Dhabi Securities Exchange (ADX). Please click here for further information on how to become a shareholder.
The stock code for ADNOC Gas shares is "ADNOCGAS" and the ISIN is "AEE01195A234".
You can find the latest financial reports and press releases on the ADNOC Gas investor relations page by clicking here.
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Please visit our financial calendar for further information.
Please visit our financial calendar for further information