ADNOC Gas plc, together with its subsidiaries, engages in the processing of associated and non-associated gas from onshore oil and gas productions in the United Arab Emirates. It is also involved in marketing and promotion for natural gas; investment in oil and natural gas projects; operation and maintenance services of oil and gas production facilities; and supplying of industrial gases to the oil and gas industry. The company also produces NGL products, including propane, butane, and paraffinic naphtha; and non-NGL products, such as natural gas, ethane, and sulphur, as well as sells condensate. It owns and operates a network of approximately 3,260 kilometers of pipelines. The company was incorporated in 2022 and is based in Abu Dhabi, the United Arab Emirates. ADNOC Gas plc is a subsidiary of Abu Dhabi National Oil Company.
Metrics to compare | ADNOCGAS | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipADNOCGASPeersSector | |
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P/E Ratio | 13.4x | 10.3x | 4.3x | |
PEG Ratio | - | −0.14 | 0.00 | |
Price/Book | 2.8x | 1.2x | 1.1x | |
Price / LTM Sales | 3.4x | 1.3x | 1.1x | |
Upside (Analyst Target) | 23.0% | −1.7% | 39.0% | |
Fair Value Upside | Unlock | 14.4% | 9.8% | Unlock |