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 for the full-year 2023.

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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 2022. 
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CEO message

“The Company demonstrated robust financial and operational performance throughout 2022. We have sustained our growth trajectory while generating strong cash flow and maintaining a solid financial position.”

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 2022 ESG report.  
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Latest News

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

28 Mar

ADNOC Distribution to hold Investor Day to present new growth strategy

26 Feb

ADNOC Distribution Partners with NWTN to Launch 20 Service Centers for...

15 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 the leading fuel distributor and convenience store operator in the UAE. As of 31 December 2022, the company operates 502 retail fuel stations and 362 convenience stores across the Emirates and is the leading marketer and distributor of fuels to commercial, industrial, and government customers throughout the country. ADNOC Distribution operates in all seven emirates of the UAE, and in 2018 expanded its retail fuels operations internationally to the Kingdom of Saudi Arabia, where it operates 66 retail fuel stations as of 31 December 2022
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 a dividend of Min. SD 700 million for 2023, and minimum 75% of distributable profits for the years thereafter, supported by robust cash generation and balance sheet strength.  Since our IPO in 2017, we have consistently increased capital 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, and USD 700 million for 2021.
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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