ADNOC Drill announced today that its shareholders approved all items on the agenda of its general assembly meeting, including the ratification of the final quarterly distributions for the year 2025, bringing the total dividends for that year to one billion dollars.
These approvals followed an extraordinary year for the company, which achieved unprecedented financial and operational performance through disciplined execution, maintaining high and stable operational rates for its assets and a thoughtful expansion in integrated energy services.
As a result of this integrated performance, the company recorded its best financial results in history for the year 2025, with revenues reaching 18 billion dirhams (approximately 4.9 billion dollars), reflecting a year-on-year growth of 22%. Additionally, net profit climbed to 5.3 billion dirhams (about 1.45 billion dollars), marking an 11% year-on-year increase.
In this context, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and CEO of ADNOC and its group of companies, as well as Chairman of ADNOC Drill, stated: “ADNOC Drill achieved record results in 2025, thanks to operational excellence, a broadening of integrated energy services, and successfully converting its substantial business volume into strong cash flows. As the UAE and ADNOC continue to accelerate the development of both conventional and unconventional energy sources, ADNOC Drill efficiently expands its operations while prioritizing safety and leveraging technology and AI tools to enhance performance and returns.”
He further added: “The shareholders’ approval of a total dividend of one billion dollars for 2025, along with a minimum increase of 5% in 2026 distributions, underscores their solid confidence in the company’s strategy and disciplined financial and operational approach, as well as its capability to deliver long-term value through a clear vision for future cash flows.”
He emphasized that the security and safety of personnel remain a top priority for ADNOC Drill, particularly in light of the current regional circumstances.
He clarified that the company’s operations are based on solid foundations, a clear strategy, and a distinct vision for future activities, which contribute to reinforcing operational resilience and anticipating future challenges.
The company confirmed that its core drilling operations were not significantly impacted by recent regional developments, with returns from these operations accounting for about 90% of the net income in 2025. In the oil field services sector, the company successfully mitigated the impact of tensions during the first quarter of 2026 and is on track to achieve performance closely aligned with announced quarterly guidelines. The company will continue to monitor developments closely and implement precautionary measures, providing necessary information should any changes arise in the second quarter and beyond.
Looking ahead, the company is grounded in strong and sustainable foundations, maintaining a clear vision for contracted activities and robust cash flows, alongside a disciplined growth strategy.
These elements form a solid base that enables ADNOC Drill to responsibly plan for enhancing its contribution to expanding energy production capacities in the UAE and exploring regional expansion opportunities.
The outcomes of the general assembly meeting reaffirm shareholders’ confidence in ADNOC Drill’s ability to generate substantial cash flows and its commitment to a disciplined capital allocation approach, along with its growing role in supporting the UAE’s long-term energy production capacity plans.
With a ranking among the top ten listed companies on the Abu Dhabi Securities Exchange in terms of profitability, ADNOC Drill embarks on a new growth phase, supported by a robust balance sheet, expanded capabilities in integrated energy services, and an increasing regional presence.
Shareholders approved a final dividend of 250 million dollars (approximately 5.7 fils per share) for the year 2025, aligning with the company’s progressive dividend policy. As a result, the total dividends for the fiscal year will reach one billion dollars (around 23 fils per share), to be paid at the end of April 2026 to shareholders recorded by April 13, 2026.
The board reaffirmed its commitment to fostering growth and increasing returns, recommending at least a 5% increase in 2026 dividends, with plans for continued increases through at least the end of 2030 based on the company’s free cash flow and disciplined capital allocation approach.
Since its public listing in 2021, ADNOC Drill has consistently achieved record performance levels, supported by high operational efficiency, sustainable operational expansion, and steady, reliable dividend growth, solidifying its position as one of the most profitable companies listed on the Abu Dhabi Securities Exchange.
The company will continue to focus on enhancing operational efficiency, expanding its integrated drilling services, and strengthening its regional presence, while maintaining a strong commitment to safety, operational excellence, and delivering sustainable value to shareholders.