Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution) News - Mubasher Info
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Abu Dhabi National Oil Company for Distribution PJSC (ADNOCDIST)

Last update: 3 June 02:59 PM market time.
3.77
-0.03
-0.79%
Open 3.79
Previous Close 3.80
High 3.83
Low 3.72
Stock Statistics
Volume 8,553,289
Turnover 32,211,366.29
All data are 15 minutes late during market session

News

Photo Archive
16 March 2023 04:34 PM ADNOC Distribution’s shareholders greenlight H2-22 dividends
Abu Dhabi – Mubasher: The shareholders of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) approved cash dividends worth AED 1.28 billion, equivalent to 10.28 fils per share, for the second half (H2) of 2022. Meanwhile, the …
Cash Dividends
Photo Archive
9 February 2023 02:35 PM ADNOC Distribution records 22% growth in 2022 profits; key appointment, dividends approved
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) achieved a year-on-year (YoY) increase in net profits to AED 2.74 billion during 2022 from AED 2.25 billion. The basic and diluted earnings per share (EPS) …
Board of Directors
Photo Archive
13 November 2022 02:12 PM ADNOC Distribution logs higher profits at AED 2.32bn in 9M-22
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) posted a 39% hike in net profit to AED 2.32 billion in the first nine months (9M) of 2022, versus AED 1.68 billion in 9M-21. The ADX-listed firm registered …
Financial Results
Photo Archive
28 September 2022 03:21 PM ADNOC Distribution announces AED 1.28bn dividends for H1-22
Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) approved interim cash dividends worth AED 1.28 billion ($350 million) for the first half (H1) of 2022. The ADX-listed firm will disburse 10.28 …
Cash Dividends
Photo Archive
8 August 2022 04:40 PM ADNOC Distribution’s profits jump 35.5% in H1-22
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) registered net profits worth AED 1.56 billion during the first half (H1) of 2022, up 35.60% from AED 1.15 billion in H1-21. The company’s revenues increased …
Financial Results
Photo Archive
31 July 2022 00:34 PM UAE’s ADNOC Distribution eyes 50% stake in TotalEnergies Egypt
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies Marketing Egypt (TotalEnergies Egypt). The …
Macroeconomics
Photo Archive
10 May 2022 09:44 AM ADNOC Distribution sees 6% higher profits in Q1-22
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) jumped by 6.3% to AED 670.68 million in the first quarter (Q1) of 2022, compared to AED 630.73 million in the year-ago period, as per the …
Financial Results
Photo Archive
27 March 2022 00:22 PM ADNOC Distribution's OGM approves AED 1.28bn dividends for H2-21
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has approved a cash dividend distribution of AED 1.28 billion for the second half (H2) of 2021. The H2-21 dividend …
General Assembly
Photo Archive
10 March 2022 09:42 AM ADNOC Distribution launches 100% plant-based engine oils
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will launch plant-based lubricants for both petrol and diesel engines, bringing to the region for the first time lubricants made entirely from plants. …
Companies Investments
Photo Archive
24 November 2021 04:31 PM ADNOC Distribution to supply Voyager lubricant in Angola, Congo
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has signed two new contracts to distribute ADNOC Voyager lubricant in Angola and the Democratic Republic of the Congo. Under the contracts, the company will …
Companies Investments
The company generated revenues of AED 14.698 billion
9 November 2021 09:39 AM ADNOC Distribution sees 6% higher profits in 9M
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) reported a 6.3% rise in net profits to AED 1.681 billion during the first nine months of 2021, compared to AED 1.581 billion in the year-ago period, as …
Financial Results
The offer price of AED 2.3 per share remains unchanged
22 September 2021 00:24 PM ADNOC raises IPO offering size for drilling unit
UAE - Mubasher: Abu Dhabi National Oil Company (ADNOC) has increased the size of the initial public offering (IPO) of ADNOC Drilling Company (ADNOC Drilling) from 1.2 billion ordinary shares to 1.76 billion ordinary shares, equivalent to 11% of …
Companies Investments
ADNOC Distribution was included in the index by FTSE Russell
22 August 2021 09:34 AM ADNOC Distribution to be included in FTSE Emerging Markets Index
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will be listed in the FTSE Emerging Markets (EM) Index from 16 September 2021. Subject to the final approval of FTSE on 6 September, the inclusion would …
Companies Investments
The company generated revenues of AED 9.301 billion
10 August 2021 09:40 AM ADNOC Distribution records 27% higher profits in H1-21
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has reported a 26.6% rise in net profits to AED 1.152 billion during the first half (H1) of 2021, compared to AED 910 million in the same half of 2020. The …
Financial Results
ADNOC Distribution signed an agreement with reben to acquire four service stations
8 June 2021 02:56 PM ADNOC Distribution receives approval to acquire 20 stations in Saudi Arabia
Mubasher: Saudi Arabia's General Authority for Competition (GAC) has issued a no-objection certificate on two economic concentration processes for Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) to acquire 20 fuel …
Mergers and Acquisitions
The combined offering has attracted new institutional investors
27 May 2021 09:41 AM ADNOC raises $1.64bn from combined offering
Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC) has raised $1.64 billion following the successful closing of the combined offering of Abu Dhabi National Oil Company for Distribution's (ADNOC Distribution) shares and issuance of …
Bonds
The company proposes to issue around $1.195 billion senior unsecured bonds
26 May 2021 03:49 PM ADNOC plans to sell 3% stake in ADNOC Distribution, issue exchangeable bonds
Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC) intends to sell around 375 million shares, equivalent to 3% of its registered share capital in Abu Dhabi National Oil Company for Distribution (ADNOC Distribution), through an …
Bonds
This step will enable the company to attract more international investors
13 May 2021 09:42 AM ADNOC Distribution to join MSCI Emerging Markets Index
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will join Morgan Stanley Capital International (MSCI) Emerging Markets Index with the effective date of 27 May 2021. After meeting the necessary …
Companies Investments
The company's revenues decreased by 13.3%
10 May 2021 10:08 AM ADNOC Distribution sees 58% higher profits in Q1-21
Abu Dhabi – Mubasher: The unaudited interim consolidated financials of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) showed a 57.9% rise in net profits to AED 631 million in the first quarter (Q1) of 2021 from AED 400 …
Financial Results
The 15 service stations are owned by First Mazaya Company
5 May 2021 02:31 PM ADNOC Distribution receives approval to acquire 15 stations in Saudi Arabia
Mubasher: Saudi Arabia's General Authority for Competition has issued a no-objection certificate for Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) to acquire 15 service stations in the Eastern Province in Saudi Arabia. The …
Companies Investments
The new policy has set a minimum of AED 2.57 billion dividends
17 March 2021 00:14 PM ADNOC Distribution’s OGM nods to amendment to dividend policy for 2022
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has approved the amendment to the company’s dividend policy for 2022. The new policy has set a minimum of AED 2.57 …
Cash Dividends
ADNOC Distribution has launched its voyager lubricant range
24 February 2021 09:37 AM ADNOC Distribution partners with Amazon to sell products online
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has partnered with the e-commerce giant, Amazon, to enable its customers to buy products online. Under the partnership, ADNOC Distribution has launched its …
Companies Investments
The EPS settled at AED 0.195 in 2020
15 February 2021 09:42 AM ADNOC Distribution sees 10% higher profits in 2020; dividends proposed
Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) increased by 9.7% to AED 2.432 billion in 2020, compared to AED 2.153 billion in 2019. The company's revenues recorded AED 16.132 billion …
Financial Results
The board will propose to distribute dividends for H2 of 2020
8 February 2021 09:47 AM ADNOC Distribution's board to study $15.5m acquisition for Saudi Arabia's fuel distribution assets
Abu Dhabi – Mubasher: The board of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) will consider two transactions to acquire fuel distribution assets in Saudi Arabia in exchange for $8 million and $7.5 million, respectively.  …
Board of Directors
ADNOC Distribution opened 62 new convenience stores in 2020
26 January 2021 00:01 PM ADNOC Distribution opens 64 new stations across UAE in 2020
Abu Dhabi – Mubasher: Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) has inaugurated 64 new stations across the UAE in 2020, including 20 in Dubai. The company has registered a ten-fold rise in the delivery of new stations, …
Companies Investments