The shares of Adnoc Gas have received positive recommendations from 15 leading financial institutions, including prominent names on Wall Street such as JPMorgan, Goldman Sachs, and Morgan Stanley.

These positive recommendations reflect growing investor confidence in Adnoc Gas’s strong fundamentals, disciplined capital deployment, clear long-term growth vision, and ability to deliver sustainable value through its diversified portfolio.

Peter Van Dreel, CFO of Adnoc Gas, stated that the ongoing analyst support represents strong endorsement of the company’s strategy and execution, emphasizing focus on disciplined growth, maintaining financial flexibility, and creating long-term shareholder value.

He noted that the company’s product diversity, strong local base, and capital expenditure plans totaling $20 billion enhance its capabilities for future growth.

These recommendations followed the company’s announcement of record financial results for Q2 2025, with a net income of $1.385 billion, up 16% compared to the same period last year.

EBITDA reached $2.256 billion, an 8% year-on-year increase, reflecting the company’s resilience even under oil price downturn scenarios.

JPMorgan welcomed Adnoc Gas’s strong performance, raising its net income estimates by 10% for 2025 and 4% for 2026, reflecting continued optimism about the company’s future performance.

This alignment among leading financial institutions reinforces Adnoc Gas’s position and ability to deliver sustainable value, supported by a diversified business portfolio, strong balance sheet, and progressive dividend policy.

JPMorgan set a target price for Adnoc Gas shares at AED 4.33, highlighting the company’s resilience in the GCC energy sector and its ability to fund growth and distribute dividends even amid oil price downturns, according to the UAE official news agency.

Goldman Sachs recommended buying the stock, describing it as an “investment opportunity in the UAE energy sector combining attractive growth and yield.”

They also pointed to Q2 results as evidence of the company’s business model resilience in a low-price environment, adding that the company’s updated guidance should alleviate concerns about margin impacts under oil price downturn scenarios.

Similarly, Kepler Cheuvreux raised its earnings estimates for Adnoc Gas shares by 8% for fiscal year 2025 and 2% for subsequent years, based on expectations of stronger local gas business performance.

Despite energy price volatility and conservative 2025 guidance due to planned shutdowns for maintenance and higher capital expenditures, analysts remain optimistic. The 12-month average target price rose to AED 3.98, indicating a 19% increase from current levels, with 88% of analysts maintaining a “buy” recommendation.

As Adnoc Gas continues to consolidate its position and expand its operations in LNG, LPG, and local gas sectors, analyst valuations are expected to improve further with the start-up of new company projects.

Through its integrated gas platform, the company is preparing to create additional value that will strengthen its market position and support sustainable growth.