ADNOC Drilling Shareholders Approve $1 Billion Dividend, Reinforcing Confidence in Long-Term Growth Strategy
ADNOC Drilling Company announced that its shareholders have approved all resolutions during the Annual General Meeting (AGM), including a final dividend for 2025, which totals $1 billion. This decision underscores the company’s strong financial performance and strategic direction.
ADNOC Record Financial Performance in 2025
The approval comes on the heels of a remarkable year for ADNOC Drilling, marked by record financial and operational achievements. In 2025, the company reported revenues of $4.9 billion, reflecting a 22% increase year-on-year. Net profit also saw significant growth, rising to $1.45 billion, an 11% increase compared to the previous year.
Dr. Sultan Ahmed Al Jaber, Chairman of ADNOC Drilling, emphasized that the approval of the $1 billion dividend and a proposed 5% minimum increase for the 2026 payout demonstrates strong confidence in the company’s long-term strategy and cash flow visibility.
Strategic Growth and Operational Excellence
In his remarks, Dr. Al Jaber noted that ADNOC Drilling achieved record results through operational excellence and an expansion of integrated energy services. The company is committed to scaling its operations safely and efficiently, utilizing technology and artificial intelligence to enhance performance and generate competitive returns.
He also highlighted the importance of prioritizing the safety and wellbeing of employees amid a complex regional backdrop. The company’s strong fundamentals and clear strategy provide a resilient outlook for future activities.
Stability Amid Regional Challenges
Despite the ongoing regional challenges, ADNOC Drilling’s core drilling operations have remained largely unaffected, contributing approximately 90% of the net income for the full year of 2025. The Oilfield Services segment has effectively managed any impacts, maintaining performance in line with quarterly guidance. The company plans to monitor developments closely and implement targeted measures as necessary.
Looking ahead, ADNOC Drilling is well-positioned with strong long-term fundamentals, clear visibility over contracted activities, and a disciplined growth strategy. These factors enable the company to responsibly support the UAE’s long-term energy capacity expansion and capitalize on regional opportunities.
Commitment to Shareholder Value
The AGM’s outcome reflects ongoing confidence in ADNOC Drilling’s cash generation capabilities and disciplined capital allocation. The company is now ranked among the top 10 most profitable entities on the Abu Dhabi Securities Exchange (ADX), entering its next growth phase with a robust balance sheet and expanded integrated energy services.
Shareholders approved a final dividend of $250 million, approximately 5.7 fils per share, for 2025. This aligns with ADNOC Drilling’s progressive dividend policy, bringing the total dividend for the year to $1 billion, or about 23 fils per share. This dividend will be payable at the end of April to shareholders of record as of April 13, 2026. The Board has also reaffirmed its commitment to growth and yield, recommending a 5% minimum increase in the 2026 dividend and annually thereafter until at least 2030.
Focus on Sustainable Growth and Innovation
Since its IPO in 2021, ADNOC Drilling has consistently delivered record performance through efficient execution and operational expansion. The company is dedicated to scaling its execution capacity and expanding integrated drilling services (IDS), while also reinforcing its commitment to safety and sustainable shareholder value.
In 2025, ADNOC Drilling advanced its growth strategy by expanding IDS and oilfield services, enhancing its capabilities in unconventional resource development, and pursuing regional and technology growth initiatives. Strategic investments in companies such as SLDC, Turnwell, and Enersol further support this growth trajectory.
Regional expansion remains a key component of ADNOC Drilling’s strategy, aimed at compounding value while maintaining capital efficiency. The company is also building scalable, repeatable unconventional capabilities that enhance returns.
These initiatives are supported by technology and AI-enabled performance across operations, solidifying ADNOC Drilling’s position as a diversified, capital-efficient, and resilient energy services provider.
Source: www.zawya.com
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Published on 2026-04-01 19:08:00 • By the Editorial Desk
