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Abu Dhabi National Energy Company PJSC

TAQA.AD

Latest Trade

0.58AED

Change

-0.03(-4.13%)

Volume

1,629,942

Today's Range

0.55

 - 

0.60

52 Week Range

0.55

 - 

1.10

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

Pricing

Previous Close
0.61
Open
0.55
Volume
1,629,942
3M AVG Volume
8.64
Today's High
0.60
Today's Low
0.55
52 Week High
1.10
52 Week Low
0.55
Shares Out (MIL)
6,066.30
Market Cap (MIL)
3,670.11
Forward P/E
15.51
Dividend (Yield %)
--

Next Event

Q4 2019 Abu Dhabi National Energy Company PJSC Earnings Release

Latest Developments

More

UAE's TAQA Posts Q3 Loss

UAE's Taqa Q2 Income Rises

UAE's TAQA Q1 Income Falls

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About Abu Dhabi National Energy Company PJSC

Abu Dhabi National Energy Company PJSC (TAQA), a subsidiary of Abu Dhabi Water and Electricity Authority (ADWEA), is a United Arab Emirates-based company that operates in the energy sector. 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 is engaged in the generation of electricity in Morocco, India, Ghana, Saudi Arabia and North America; 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-United Kingdom, which is engaged primarily in upstream oil and gas activities in the United Kingdom, and the Oil and Gas segment-Netherlands, which is engaged primarily in upstream and midstream oil and gas activities in the Netherlands.

Industry

Electric Utilities

Contact Info

Al Maryah Island

P.O.Box 55224

+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

1.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, AED)

2016

16.1K

2017

16.7K

2018

17.7K

2019(E)

17.9K
EPS (AED)

2016

-0.900

2017

0.020

2018

0.070

2019(E)

0.050
Price To Earnings (TTM)
22.24
Price To Sales (TTM)
0.21
Price To Book (MRQ)
0.92
Price To Cash Flow (TTM)
0.74
Total Debt To Equity (MRQ)
1,590.50
LT Debt To Equity (MRQ)
1,386.96
Return on Investment (TTM)
1.37
Return on Equity (TTM)
1.12

Latest News

Latest News

Abu Dhabi's TAQA extends late life of North Sea Eider platform

Abu Dhabi National Energy Company PJSC (TAQA):

UPDATE 1-UAE's TAQA posts Q3 loss after two quarters of profit

Abu Dhabi National Energy Company (TAQA) reported on Thursday a narrower loss in the third quarter from a year earlier, after small profits in the previous two quarters.

UAE's TAQA posts Q3 loss after 2 quarters of profit

Abu Dhabi National Energy Company (TAQA) reported on Thursday a narrower loss in the third quarter from a year earlier, after posting small profits in the first two quarters of this year.

UAE's TAQA posts tiny Q2 profit on higher oil and gas prices

Abu Dhabi National Energy Co (TAQA) said on Thursday that it swung to a tiny profit in the second quarter from a year-earlier loss, aided by higher oil prices and a one-off gain.

UPDATE 1-TAQA studies solutions for outages at Bergermeer gas storage site

Abu Dhabi National Energy Company (TAQA) said on Tuesday it was studying solutions for ongoing outages at its Bergermeer gas storage site in the Netherlands, which have halted gas withdrawals and reduced injection capacity.

UPDATE 1-UAE's TAQA swings to Q1 profit on higher commodity prices

Abu Dhabi National Energy Co (TAQA), which got a financial lifeline from its top shareholder last month, swung to its first profit in two years due to higher commodity prices, driving its shares up on Thursday.

Shares in Saudi's Alawwal Bank and SABB surge after merger talks

Shares in Saudi Arabia's Alawwal Bank <1040.SE> rose 9 percent in early trading on Wednesday after it agreed to start talks with Saudi British Bank <1060.SE> (SABB) about a merger that could create the kingdom's third biggest bank with assets of nearly $80 billion.

Abu Dhabi state fund considers venture with property firm Eshraq

Abu Dhabi government fund Mubadala is considering forming a venture with loss-making real estate developer Eshraq Properties in the latest example of Abu Dhabi state money coming to the aid of a local company that has run into difficulties.

UPDATE 1-Abu Dhabi's loss-making Taqa gets lifeline from state utility

Abu Dhabi's state utility tightened its grip on loss-making Abu Dhabi National Energy Company (Taqa) by boosting its stake to 74 percent, days after it granted land that could potentially wipe out the energy company's losses.

Abu Dhabi Water & Electricty Authority raises stake in Taqa to 74 pct from 52.38 pct

Abu Dhabi Water & Electricity Authority (Adwea) has raised its stake in Abu Dhabi National Energy Co (Taqa) to 74 percent from 52.38 percent, a Taqa spokesman said.

Abu Dhabi National Energy Co (TAQA) considering formosa bond, sukuk

Abu Dhabi National Energy Co (TAQA) is considering debt funding options including a formosa bond, sukuk and bank loans, the company's spokesman said on Monday.

Abu Dhabi bourse suspends trading in TAQA, Qatar's Ooredoo

The Abu Dhabi Securities Exchange said on Wednesday it had temporarily suspended trading in shares of Abu Dhabi National Energy Co because the company had not yet released its annual financial statement.

UAE's TAQA names new acting project director for Iraq

Abu Dhabi National Energy Company (TAQA) on Thursday said it had appointed a new acting project director for the company's Iraq operations.

UAE energy firm TAQA posts wider Q3 loss on oil price slump

Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, reported on Wednesday a wider loss for the third quarter caused by the drop in oil prices.

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

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