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. The company 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. It also provides NGL products, including propane, butane, and paraffinic naphtha; non-NGL products, such as natural gas, ethane, and sulfur; as well as condensates and industrial gases. In addition, 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 | 14.1x | 18.8x | 6.2x | |
PEG Ratio | 4.25 | 0.46 | 0.00 | |
Price/Book | 2.9x | 2.6x | 1.1x | |
Price / LTM Sales | 3.9x | 3.4x | 1.4x | |
Upside (Analyst Target) | 19.3% | 3.5% | 10.7% | |
Fair Value Upside | Unlock | −4.5% | 5.6% | Unlock |