ADNOC Drilling has released its financial results for the fiscal year ending December 31, 2025, reporting revenues of 18 billion dirhams, which represents a 22% year-on-year increase. The company achieved earnings before interest, taxes, depreciation, and amortization (EBITDA) of 8.1 billion dirhams, a 9% rise compared to the previous year, while net profit reached 5.3 billion dirhams, an 11% growth year-on-year. The total dividend distribution for 2025 amounted to 1 billion dollars.
The company successfully provided attractive returns for its shareholders through robust financial performance, characterized by sector-leading returns on equity, stable free cash flow generation, and long-term contract revenues. This success coincides with continued support for ADNOC’s production increase plans, focusing on expediting well completions, reducing costs per well, and employing advanced technology.
A New Phase
Abdullah Atiyah Al-Muhairi, CEO of ADNOC Drilling, stated that 2025 marks the beginning of a new phase for ADNOC Drilling, highlighting the company’s best results to date, driven by its dedicated workforce and strict adherence to safety standards.
He emphasized ongoing efforts to position ADNOC Drilling as the most advanced energy company in the region, noting that with its expansion in the Gulf Cooperation Council markets, enhancing operational efficiency through AI solutions, and commitment to sustainability standards, the company will continue to create value and support the future of the energy sector in the UAE.
Dividend Proposals
The board has recommended a dividend distribution for the fourth quarter of 2025 amounting to 250 million dollars, equating to approximately 5.7 fils per share, expected to be distributed in the second half of April 2026. Including prior payments, the total dividends for the fiscal year 2025 will reach 1 billion dollars, aligning with the enhanced dividend policy recently adopted by the company. All announced dividend decisions will be subject to approval by shareholders during the annual general meeting, including proposals for a minimum annual amount for 2026 and a projected total distribution of around 6.8 billion dollars for the period from 2025 to 2030.
The board also set a minimum annual dividend of 1.05 billion dollars for 2026, reinforcing the company’s commitment to consistent annual growth in its dividend policy, reflecting solid cash flows, a strong financial position, and a disciplined approach to capital management and allocation.
ADNOC Drilling previously announced during the ADNOC Investor Council event held in October 2025 a multi-year dividend framework aiming for distributions of no less than 6.8 billion dollars from 2025 to 2030, roughly 1.56 dirhams per share, with an implied cumulative yield exceeding 28% based on market data as of February 11, 2026. This underscores the company’s clear vision for the future and bolsters shareholder confidence.