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Abu Dhabi National Energy Company PJSC

TAQA.AD

Latest Trade

1.26AED

Change

-0.02(-1.56%)

Volume

2,027,938

Today's Range

1.25

 - 

1.29

52 Week Range

1.25

 - 

1.78

As of on the Abu Dhabi Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1.28
Open
1.29
Volume
2,027,938
3M AVG Volume
96.88
Today's High
1.29
Today's Low
1.25
52 Week High
1.78
52 Week Low
1.25
Shares Out (MIL)
112,434.25
Market Cap (MIL)
146,164.50
Forward P/E
--
Dividend (Yield %)
1.96

Next Event

Q2 2021 Abu Dhabi National Energy Company PJSC Earnings Release

Latest Developments

More

TAQA, Abu Dhabi Ports Planning 2 GW Green Hydrogen To Ammonia Project In Abu Dhabi

ADNOC And TAQA Sign Agreement To Construct Utilities Facility For TA’ZIZ In Ruwais

Taqa Group Reports Q1 Net Income Of AED 1.4 Bln

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About Abu Dhabi National Energy Company PJSC

Abu Dhabi National Energy Company PJSC (TAQA) is an energy and water company primarily engaged in oil and gas exploration and production, pipelines, underground gas storage, power generation and water desalination. The Company is organized into five business segments: the Power and Water segment- the United Arab Emirates (UAE), which is engaged in the generation of electricity and production of desalinated water for supply in the UAE; the Power segment-Others, which is engaged in the generation of electricity in Morocco, India, Ghana, Saudi Arabia and United States; the Oil and Gas segment-North America, which is engaged in upstream and midstream oil and gas activities in Canada and the United States; the Oil and Gas segment-Europe, which is engaged in in upstream oil and gas activities in the United Kingdom, and upstream and midstream oil and gas activities in the Netherlands; Oil and Gas Segment - Atrush, which is engaged upstream oil and gas activities in Kurdistan, Iraq.

Industry

Electric Utilities

Contact Info

Al Maryah Island

P.O.Box 55224

United Arab Emirates

+971.2.6914900

https://www.taqaglobal.com

Executive Leadership

Said Mubarak Al Hajeri

Chairman of the Board

Mohammed Al Ahbabi

Acting Chief Financial Officer

Grant Gillon

Chief Financial Officer

Joel Croteau

President, North America

Carl Sheldon

Chairman of Jorf Lasfar Energy Company, Advisor to the Board of Directors

Key Stats

Price To Earnings (TTM)
33.09
Price To Sales (TTM)
4.44
Price To Book (MRQ)
2.32
Price To Cash Flow (TTM)
12.00
Total Debt To Equity (MRQ)
118.56
LT Debt To Equity (MRQ)
103.06
Return on Investment (TTM)
4.13
Return on Equity (TTM)
3.38

Latest News

Latest News

TAQA in talks to buy power plants in Abu Dhabi, plans green bonds, says CFO

Abu Dhabi National Energy Company (TAQA) is in talks to buy power plants in the United Arab Emirates and could issue debut green bonds in 2022 as it seeks to expand renewables generation, the finance chief said.

Abu Dhabi Ports raises $1 billion loan, sources say

Abu Dhabi Ports, which owns and operates 11 ports and terminals in the United Arab Emirates and Guinea, has secured a $1 billion loan with a group of banks, two sources said.

Abu Dhabi's TAQA sells $1.5 billion in bonds

Abu Dhabi National Energy Company (TAQA), owned by Abu Dhabi state-owned holding company ADQ, sold on Tuesday $1.5 billion in dual-tranche bonds comprising a seven-year tranche and 30-year Formosa notes, a document showed.

UAE energy firm TAQA plans to expand its renewables portfolio

United Arab Emirates power producer Abu Dhabi National Energy Co. (TAQA) announced on Wednesday plans to increase its renewable energy assets, in a shift away from reliance on oil.

UAE's TAQA lifts foreign ownership cap to 49%, net profit falls

Abu Dhabi National Energy Co <TAQA.AD> has raised the foreign ownership limit in the company to 49% to attract investors after state-backed Abu Dhabi Power Corp (ADPower) took control of the energy firm this year.

Abu Dhabi-backed ADQ acquires 22% of courier Aramex

Abu Dhabi-backed holding company ADQ said on Thursday it has acquired about a 22% stake in Dubai-based courier Aramex <ARMX.DU>, making it the company's biggest shareholder.

UPDATE 1-Taqa agrees financing for UAE's largest gas-fired power plant

Abu Dhabi National Energy Company has agreed financing for the United Arab Emirates' largest gas-fired power plant, which is expected to cost approximately 4.2 billion dirhams ($1.1 billion), the company said on Tuesday.

MIDEAST STOCKS-Major Gulf markets gain; banking, real estate shares boost UAE

Major Gulf stock markets rose in early trade on Tuesday, with banking and real estate shares helping indexes in the United Arab Emirates.

Taqa agrees financing for UAE's largest gas-fired power plant

Abu Dhabi National Energy Company has agreed financing for the UAE's largest gas-fired power plant which is expected to cost approximately 4.2 billion dirhams ($1.14 billion), the company said on Tuesday.

MIDEAST STOCKS-Major Gulf markets steady; Aramco hits lowest level since IPO

* Arabian Centres slides on poor Q3 profit * TAQA extends gains on ADPower proposal * Telecom Egypt leaps after update on Vodafone Egypt By Ateeq Shariff Feb 5 (Reuters) - Major Gulf stock markets were steady in quiet trade on Wednesday, while oil giant Saudi Aramco extended...

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

MIDEAST STOCKS-Major Gulf markets mixed; UAE's TAQA surges on deal

Dubai's stock market rose on Monday, led by gains in banking and property shares, while other Gulf bourses were mixed as investors await corporate earnings announcements.

Abu Dhabi Power to take control of TAQA in asset swap

Abu Dhabi Power Corporation (ADPower) plans to take control of Abu Dhabi National Energy Co (TAQA) <TAQA.AD> in an asset swap deal that would value it at 4.16 billion dirhams ($1.13 billion) and create a combined utility with assets worth $54.5 billion.

Abu Dhabi Power to take control of utility TAQA in asset swap, creating $54.5 bln entity

Abu Dhabi Power Corporation (ADPower) plans to take control of Abu Dhabi National Energy Company (TAQA) in an asset swap deal that would create a combined utility with assets worth a total of around 200 billion dirhams ($54.5 billion).

MIDEAST STOCKS-Major Gulf markets subdued, Aramco falls again

All major Gulf markets opened in the red on Tuesday, dampened mainly by financials, while petrochemical shares weighed on Saudi Arabia.

MIDEAST STOCKS-Banks boost Saudi index; other Gulf markets dip

Saudi Arabian stocks rose sharply on Sunday, boosted by gains in financial shares in the wake of Saudi Aramco's <IPO-ARMO.SE> disclosure of its initial public offering prospectus, while other major Gulf markets were subdued.

Abu Dhabi's TAQA forecasts $518 mln capex for 2019 - CFO

Abu Dhabi National Energy Company (TAQA) has forecast a capital expenditure (capex) of 1.9 billion dirhams ($518 million) for full-year 2019, its chief financial officer said on Thursday.

UPDATE 1-Abu Dhabi's TAQA sells $500 mln in 30-year bonds

Abu Dhabi National Energy Company (TAQA) on Thursday sold $500 million 30-year bonds, a document by one of the banks leading the deal showed.

Taqa says July oil output from Kurdistan tops 1 million barrels

The Abu Dhabi National Energy Company PJSC, Taqa <TAQA.AD> said on Wednesday its Iraq-based unit had set a "production record" from the Atrush oilfield in the northern Kurdistan region.

MIDEAST-STOCKS-Financials lift Dubai, most Gulf markets rise

Dubai stocks rose on Sunday, lifted by financials and real estate, while other Gulf markets also gained after falling in recent sessions amid concerns about rising geopolitical risk in the region.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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