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30 September 12:57 AM

Dana Gas PJSC (DANA)

Last update: 29 September 02:55 PM market time.
0.75
0.01
1.34%
Open 0.75
Previous Close 0.74
High 0.76
Low 0.74
Stock Statistics
Volume 14,810,239
Turnover 11,150,695.39
All data are 15 minutes late during market session

News

Dana Gas received total payments of $78 million in the first half of 2019
30 June 2019 10:30 AM Dana Gas nets $48m from Egypt in June
Abu Dhabi – Mubasher: Dana Gas, a leading gas company based in Sharjah, on Sunday announced it had received AED 177 million ($48 million) payments from its operations in Egypt in June. The payments include $38 million from the Egyptian government …
Company News
23 May 2019 01:15 PM SCA greenlights Dana Gas’ share buyback proposal
Abu Dhabi – Mubasher: UAE-based energy producer Dana Gas has received the approval of the Securities and Commodities Authority (SCA) to buy back 10% of its total shares. The Middle East’s largest regional natural gas company will repurchase a …
Company News
The Merak-1 well will be drilled with the 6th generation drillship “Tungsten Explorer”
21 May 2019 10:05 AM Dana Gas commences drilling operations at Egypt’s Merak-1 well
UAE – Mubasher: Dana Gas, a leading gas company based in Sharjah, announced it has begun drilling operations at its Egypt’s offshore Merak-1 well, one of three world-class exploration prospects in Block 6, on 20 May. The deep-water exploration …
Company News
The UAE’s SCA has shown an interest in the MSCI EM Index’s upgrades
14 May 2019 09:11 AM MSCI adds Dana Gas to EM Index, delists Damac
Dubai – Mubasher: MSCI Inc has included the UAE-based Dana Gas to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. On the other hand, the world’s largest index provider has removed the Dubai-based property …
Company News
Net profit amounted to $35 million in Q1
6 May 2019 09:47 AM Dana Gas Q1 profit soars 150%
Abu Dhabi – Mubasher: Dana Gas, listed on the Abu Dhabi Securities Exchange (ADX), has reported a 150% year-on-year hike in its profits for the first quarter of 2019. Net profit amounted to $35 million (AED 128 million) in the three-month period …
Financial Results
Dana Gas will pay 5.5 fils per share to the entitled shareholders
18 April 2019 10:10 AM Dana Gas to pay AED 384m dividend for FY18, to raise capital
Abu Dhabi – Mubasher: The annual general meeting (AGM) of Dana Gas approved the board’s recommendation of distributing 5.5% of the capital as cash dividend for fiscal year 2018. Dana Gas will pay 5.5 fils per share to the entitled shareholders at …
Cash Dividends
Dana Gas’ stock hiked 4.45% at AED 1.01
14 April 2019 00:34 PM Dana Gas’ stock hits 2019 highest price in Sunday’s mid-trade
Abu Dhabi – Mubasher: Dana Gas’ stock hit the highest price in 2019 in Sunday’s mid-trade. By 01:00 pm UAE time, the stock hiked 4.45% at AED 1.01. The stock registered AED 22.710 million in turnover after 22.46 million shares were exchanged …
Trading Activities
Pearl Petroleum has no overdue receivables in the KRI as of 14 April
14 April 2019 09:07 AM Dana Gas nets AED 143m receipts from Pearl Petroleum in Q1
Abu Dhabi – Mubasher: Dana Gas, a leading Sharjah-based natural gas company, on Sunday announced that Pearl Petroleum Company Limited has received AED 411 million ($112 million) from the sale of condensate, liquefied petroleum gas (LPG), and gas …
Companies Investments
UAE-based Dana Gas is the ME’s largest regional natural gas company
10 April 2019 10:43 AM Dana Gas Q1 output rises 6% on Egypt, KRI projects
Mubasher: The production of Dana Gas has increased by 6% year-on-year to 68,700 barrels of oil equivalent (boepd) during the first quarter of 2019 from 65,000 boepd in the same period in 2018. This rise in Q1-19 output was endorsed by the …
Companies Investments
The amount consists of a $10 million payment from Egypt in Egyptian pounds
31 March 2019 09:46 AM Dana Gas receives $19m from Egypt
Abu Dhabi – Mubasher: Dana Gas on Sunday announced that it has received a payment of AED 70 million ($19 million) from its operations in Egypt. The amount consists of a $10 million payment from Egypt in Egyptian pounds and $9.0 million from the …
Macroeconomics
The buyback has slashed the size of the sukuk from $530 million to $397 million
17 March 2019 10:50 AM Dana Gas repurchases $133m sukuk
Abu Dhabi – Mubasher: Dana Gas, the Middle East’s largest regional natural gas company, on Sunday announced that it has bought back a total of $133 million sukuk of 4% Nile Delta sukuk certificates. The buyback has slashed the size of the sukuk …
Macroeconomics
The consortium will increase output by 250 MMscf per day by 2021
6 March 2019 03:46 PM Crescent Petroleum, Dana Gas reveal $700m Khor Mor expansion plan
Abu Dhabi – Mubasher: Pearl Petroleum, majority-owned by the UAE's Dana Gas and its affiliate Crescent, announced signing a new 20-year gas sales deal with the Kurdistan Regional Government (KRG).  Under the agreement, Pearl Petroleum, whose …
Companies Investments
Revenues increased by 4% year-on-year to AED 1.7 billion ($470 million) in 2018
14 February 2019 11:43 AM Dana Gas incurs AED 681m losses in 2018
Abu Dhabi – Mubasher: Dana Gas on Thursday reported a 19% year-on-year increase in gross profits for the year ended 31 December 2018. However, excluding a loss impairment, the gas firm registered losses in the full-year 2018. Including the …
Financial Results
Dana may inject $5 billion to develop the three prospects.
13 February 2019 11:33 PM UAE Dana Gas may find another 'Zohr' gas field in Egypt
Cairo – Mubasher: Dana Gas, the Middle East’s largest regional natural gas company, is to commence drilling in an Egyptian area with 20 trillion cubic feet potential gas reserves, according to the seismic data. The drilling will begin in March or …
Companies Investments
UAE’s Dana Gas plans $5bn investments in Egypt - CEO
22 January 2019 05:43 PM UAE’s Dana Gas plans $5bn investments in Egypt - CEO
Abu Dhabi – Mubasher: Dana Gas is planning to increase its investments in Egypt by around $5 billion in the coming five years to bolster its gas exploration activities, its CEO said on Tuesday. Egypt’s prime minister Mostafa Madbouly has already …
Event
Dana is seeking to repurchase $33 million sukuk for its portfolio
22 January 2019 04:22 PM Dana prioritises dividends, eyes sukuk buyback – CEO
Abu Dhabi – Mubasher: Dana Gas’ decision to distribute dividends last year was not an exceptional move, but it was a part of an ongoing strategy adopted by the board to maintain the payment of dividends, the UAE-based energy producer’s CEO said. …
Companies Investments
21 January 2019 04:06 PM Dana Gas buys back $5m sukuk; to cancel later
Abu Dhabi – Mubasher: Dana Gas on Monday announced that it had bought back sukuk worth $5 million issued by its affiliated company, Nile Delta Sukuk. The repurchased sukuk will be delivered to Bank of New York Mellon, which is the principal paying …
Banking and Finance
31 December 2018 02:31 PM Dana Gas receives AED 1.2bn from all operations in 2018
Dana Gas receives AED 1.2bn from all operation in 2018
Global Markets brief
Dana Gas receives $44.3m from Egypt
30 December 2018 09:34 AM Dana Gas receives $44.3m from Egypt
Abu Dhabi - Mubasher: Dana Gas, listed on the Abu Dhabi Securities Exchange (ADX), on Sunday announced it has received an additional payment of $44.3 million (AED 162.4 million) from its operations in Egypt. This payment consists of an additional …
Companies Investments
The repurchased sukuk will be delivered to Bank of New York Mellon in due course for effecting cancellation
16 December 2018 08:58 AM Dana Gas buys back $12m sukuk
Abu Dhabi – Mubasher: The Sharjah-based Dana Gas on Sunday announced a buyback of around $12 million of 4% Nile Delta Sukuk Ltd Certificates– Reg S of the Issuer in December. The repurchased sukuk will be delivered to the principal paying agent …
Sukuk and Islamic Finance
13 December 2018 00:29 PM Dana Gas output hits landmark 70,000 boepd in mid-November
“Production in excess of 70,000 [boepd] is a great achievement for Dana Gas.”
Global Reports
22 November 2018 02:23 PM Dana Gas repurchases $14m sukuk; to cancel later
Abu-Dhabi - Mubasher: Dana Gas on Thursday announced that it had bought back $14 million of Nile Delta sukuk certificates in October. The repurchased sukuk will be delivered to Bank of New York Mellon, which is the principal paying agent of the …
Macroeconomics
21 November 2018 02:22 PM Dana gas eyes building 2 new gas pipelines in KRG
Dana Gas is seeking to establish two new gas pipelines in the Kurdistan Region of Iraq.
Oil and Energy
LPG and NGL produced at the Khor Mor plant are sold to the local markets
21 November 2018 10:43 AM Dana Gas, Crescent Petroleum unveil 30% gas output increase from KRG
Abu Dhabi – Mubasher: Dana Gas and its partner Crescent Petroleum have announced they achieved a 30% hike in production capacity at the Khor Mor field in the Kurdistan Region of Iraq, which the companies jointly operate on behalf of Pearl …
Companies Investments
Dana Gas to continue dividend distributions – IR head
14 November 2018 03:00 PM Dana Gas to continue dividend distributions – IR head
By: Mahmoud Gamal Abu Dhabi – Mubasher: Dana Gas will continue to distribute annual cash dividends to its shareholders, the company’s head of investor relations affirmed on Wednesday. Speaking to Mubasher, Mohammed Mubaideen explained that the …
Companies Investments