ADNOC Gas PLC, together with its subsidiaries, engages in the processing of associated and non-associated gas from onshore oil and gas productions and transmission of related products in the United Arab Emirates. It markets and promotes natural gas; invests in oil and natural gas projects; offers operation and maintenance services for oil and gas production facilities; and supplies industrial gases to the oil and gas industry. The company also provides NGL products, including propane, butane, and paraffinic naphtha; non-NGL products, such as natural gas, ethane, and sulphur; and sells condensates and industrial gases. 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 | |
|---|---|---|---|---|
P/E Ratio | 14.0x | 14.9x | 5.9x | |
PEG Ratio | 0.84 | −1.04 | 0.00 | |
Price/Book | 3.1x | 2.3x | 1.1x | |
Price / LTM Sales | 4.0x | 2.9x | 1.3x | |
Upside (Analyst Target) | 13.6% | 8.2% | 12.4% | |
Fair Value Upside | Unlock | 13.2% | 6.2% | Unlock |