Adnoc’s listed companies posted strong financial and operational results in the first quarter of 2026, demonstrating the Group’s integrated and diverse portfolio. Adnoc Drilling, Adnoc Gas, Adnoc Logistics & Services (Adnoc L&S), Borouge, and Fertiglobe generated revenues of $11.8 billion (Dhs43.4 billion), EBITDA of $3.7 billion (Dhs13.6 billion), and net profit of $2.2 billion (Dhs7.9 billion), thanks to diverse revenue streams, disciplined execution, and a continued focus on operational safety and efficiency.
Performance across the portfolio demonstrates Adnoc’s listed companies’ role in promoting energy system stability and ensuring consistent supply to domestic and global markets during a period of increased market volatility. During the extreme interruption in the Strait of Hormuz, the Group’s listed ecosystem was vital in guaranteeing supply continuity throughout the energy, industrial, and agricultural value chains, actively managing disruption through proactive contingency planning and integrated operations.
Adnoc Distribution reported record first-quarter EBITDA of $307 million (Dhs1.1 billion), up 12% year on year, and net profit of $210 million (Dhs771 million), up 21% year on year, showing strong development across its diverse business.
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