Abu Dhabi – Mubasher: The net profits of ADNOC Drilling Company surged by 11% to $1.44 billion in 2025 from $1.30 billion at the end of December 2024, according to the financial results.
The revenues hiked by 22% to $4.90 billion last year from $4.03 billion in 2024, while the basic and diluted earnings per share (EPS) increased to $0.09 from $0.08.
This performance represents the strongest in the company’s history, reflecting high asset utilization and continued growth across integrated drilling and oilfield services (OFS). It is also driven by strong operational execution across the fleet.
Financials for Q4-25
In the fourth quarter (Q4) of 2025, the net profits hit $389 million, whereas the revenues stood at $1.27 billion.
The quarterly earnings grew by 6% from $368 million in Q3-25, while the revenues edged up by 1% from $1.26 billion.
Abdulla Ateya Al Messabi, CEO of ADNOC Drilling, said: “2025 was a defining year for ADNOC Drilling. Our record-breaking results were delivered by our people, whose discipline, innovation and commitment to operational excellence and safety underpin every milestone we achieve.”
He noted: “By expanding across the GCC, pioneering AI‑driven operations and setting new benchmarks in sustainability, we are unlocking value and helping power the UAE’s energy future. This is just the beginning of a new era of growth, innovation and impact.”
Dividends
The board proposed a cash dividend of $250 million (5.70 fils per share) for Q4-25, which is expected to be distributed in the second half of April 2026.
Total cash dividends stand at $1 billion, in line with the company’s enhanced progressive dividend policy.
For 2026, the company set an annual dividend floor of $1.05 billion, representing a YoY growth supported by strong cash generation, a robust balance sheet, and disciplined capital allocation.
