An attractive value proposition

ADNOC Distribution offers a unique value proposition to investors with a combination of a resilient business model with high margins, Smart Growth Strategy and an attractive dividend policy    

An attractive value proposition

Key Numbers

ADNOC Distribution is the leading fuel distributor, convenience store operator, and number one retail and wholesale fuel brand in the UAE. 

50

Years in operation

840

Total stations network

500

Convenience stores in UAE

14 billion liter

Total fuel volume (2023)

600 thousands

UAE customers served per day

+13,000

Number of employees

Latest Results

ADNOC Distribution reported strong earnings the first quarter of 2024.

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Why invest in ADNOC Distribution?

ADNOC Distribution offers an attractive value proposition with a solid business model and cash flow visibility. We are focused on delivering a sustainable earnings growth and attractive returns for our shareholders.
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Investors Day

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Annual report

Review our strategic business, financial and operations in our Annual Report 2023.
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CEO message

“Our robust first-quarter results with an 18% EBITDA growth are a testament to the Company’s five-year strategy announced earlier this year, which prioritizes domestic growth, international platforms, and future-proofing the business.”

Eng. Bader Saeed Al Lamki
Chief Executive Officer, ADNOC Distribution
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Leadership and management

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ESG report

Find out more about our environment, social and governance commitments and progress in our 2023 ESG report.  
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Latest News

ADNOC Distribution reports robust Q1 2024 growth with 18% increase in ...

09 May

ADNOC DISTRIBUTION SHAREHOLDERS APPROVE NEW FIVE-YEAR DIVIDEND POLICY ...

28 Mar

ADNOC Distribution to hold Investor Day to present new growth strategy

26 Feb

Frequently asked questions

Find the answers you seek by reading our FAQs section
ADNOC Distribution was established in 1973 as the first UAE government-owned company specialized in the domestic and international marketing and distribution of petroleum products. Today, the publicly listed company is the UAE’s largest fuel distributor and convenience store operator.
ADNOC Distribution is listed on the Abu Dhabi Securities Exchange (ADX).
The company’s International Securities Identification Number (ISIN) is AEA006101017 and ticker symbol is ADNOCDIST.
The company’s paid-up share capital is USD $272.294 million, divided into 12.5 billion shares, each with a nominal value of USD $0.02178. As of 31 December 2023, our parent company, Abu Dhabi National Oil Company, owned 77% of our outstanding shares.
As of 31 December 2022, ADNOC Distribution’s free float is 23% of shares.
Any investor with an up-to-date investor number (NIN) registered through the ADX can place orders to buy and sell shares through a licensed and registered brokerage company. Trading on the ADX is possible only through an authorized broker. Contact your broker or visit www.adx.ae (FAQs) for a complete list of brokerage companies.
ADNOC Distribution is a leading mobility retailer in UAE. The Company operates service stations in all seven emirates in its home country, plus Saudi Arabia and Egypt, and sells lubricants in 40 countries across the world via distributors. ADNOC Distribution has 846 service stations, 532 in the UAE, 69 in the Kingdom of Saudi Arabia, and 245 in Egypt. As a non-fuel retail leader in the UAE, it operates 361 convenience stores, 34 vehicle inspection centers, and other leading services spanning car wash, lube change, and EV charging. The Company is also the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the UAE. All figures as of 31 March 2024.
ADNOC Distribution aims to pay dividends twice during each fiscal year, with an initial payment in October and a second payment in April the following year. Our dividend policy sets an annual dividend of USD 700 million (20.57 fils per share) for 2024-2028 or minimum 75% of net profits, whichever is higher, supported by robust cash generation and balance sheet strength. Since our IPO in 2017, we have consistently increased returns to our shareholders through our progressive dividend policy with a dividend track record of USD 400 million for 2018, USD 650 million for 2019, USD 700 million for 2020, 2021, 2022 and 2023.
Please get in touch with the Clearing, Settlement and Depository (CSD) Department at Abu Dhabi Securities Exchange by emailing csd@adx.ae or calling +971 2 616 8666
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Contact Us

For further information on ADNOC Distribution, please contact our investor relations team at ir@adnocdistribution.ae.

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