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Share price 15 Apr 2009 0.94 dhs
Price/earnings (annualised)
Latest report DANA 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 20 Nov 2005 Listing date 20 Nov 2005
Auditor Ernst & Young
Chairman of DANA Mr Hamid Dhiya Jafar
CEO of DANA Rashid Saif Al Jarwan (General Manager)
Foreign ownership limit Maximum 49%
Total shares outstanding 5,910,000,000
Market capitalisation (AED) 5,555,400,000
Par value 1 Dh per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DANA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DANA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DANA 2008 FY 01 Feb 2009 120m 0.02 0.02 0.55 27.1 0.5 1.7% 10.5%
DANA 2008 Q4 01 Feb 2009 35.0m 0.01 0.02 0.55 23.2 0.5 2.0% 14.7%
DANA 2008 Q3 15 Nov 2008 26.0m 0.00 0.02 0.72 40.9 0.6 1.4% 8.1%
DANA 2008 Q2 14 Aug 2008 34.0m 0.01 0.02 1.70 75.0 1.4 1.9% 11.0%
DANA 2008 Q1 15 May 2008 25.0m 0.00 0.02 2.03 121.8 1.7 1.4% 9.2%
DANA 2007 FY 31 Jan 2008 111m 0.02 0.02 2.30 124.3 1.9 1.6% 10.7%
DANA 2007 Q4 31 Jan 2008 39.0m 0.01 0.03 2.30 88.5 1.9 2.2% 12.3%
DANA 2007 Q3 14 Nov 2007 22.0m 0.00 0.01 2.18 148.6 1.9 1.3% 8.0%
DANA 2007 Q2 15 Aug 2007 29.0m 0.00 0.02 1.66 85.9 1.5 1.7% 12.0%
DANA 2007 Q1 15 May 2007 21.0m 0.00 0.01 1.41 100.7 1.2 1.2% 10.4%
DANA 2006 FY 30 Jan 2007 0.81bn 0.14 0.14 1.46 10.6 1.3 11.9%  
DANA 2005 FY 0.65bn              
Share price 15 Apr 2009 0.94 dhs
Price/earnings (annualised)
Latest report DANA 2008 FY report
Stock market Abu Dhabi Securities Exchange
Founding date 20 Nov 2005 Listing date 20 Nov 2005
Auditor Ernst & Young
Chairman of DANA Mr Hamid Dhiya Jafar
CEO of DANA Rashid Saif Al Jarwan (General Manager)
Foreign ownership limit Maximum 49%
Total shares outstanding 5,910,000,000
Market capitalisation (AED) 5,555,400,000
Par value 1 Dh per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DANA orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DANA reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DANA 2008 FY 01 Feb 2009 120m 0.02 0.02 0.55 27.1 0.5 1.7% 10.5%
DANA 2008 Q4 01 Feb 2009 35.0m 0.01 0.02 0.55 23.2 0.5 2.0% 14.7%
DANA 2008 Q3 15 Nov 2008 26.0m 0.00 0.02 0.72 40.9 0.6 1.4% 8.1%
DANA 2008 Q2 14 Aug 2008 34.0m 0.01 0.02 1.70 75.0 1.4 1.9% 11.0%
DANA 2008 Q1 15 May 2008 25.0m 0.00 0.02 2.03 121.8 1.7 1.4% 9.2%
DANA 2007 FY 31 Jan 2008 111m 0.02 0.02 2.30 124.3 1.9 1.6% 10.7%
DANA 2007 Q4 31 Jan 2008 39.0m 0.01 0.03 2.30 88.5 1.9 2.2% 12.3%
DANA 2007 Q3 14 Nov 2007 22.0m 0.00 0.01 2.18 148.6 1.9 1.3% 8.0%
DANA 2007 Q2 15 Aug 2007 29.0m 0.00 0.02 1.66 85.9 1.5 1.7% 12.0%
DANA 2007 Q1 15 May 2007 21.0m 0.00 0.01 1.41 100.7 1.2 1.2% 10.4%
DANA 2006 FY 30 Jan 2007 0.81bn 0.14 0.14 1.46 10.6 1.3 11.9%  
DANA 2005 FY 0.65bn              

DANA opinion, news, reports, researchTop

DANA Gas forum  Replies   Views   Last Post 
Dana Azhar Egypt 0 71 23 Feb 09 11:17
Dana Iran gas 2009 3 168 17 Feb 09 17:23
Dana Egypt 2nd gas discovery 1 42 16 Feb 09 14:39
DANA 2008Q4 profit Dh35m -10% 3 161 01 Feb 09 13:24
Dana Sharjah concession 0 168 27 Jan 09 16:03
Dana Salma-1 Egypt discovery 1 142 12 Jan 09 14:32
Dana growth in 2009 1 197 06 Jan 09 20:06
Dana Egypt El Basant discovery 0 154 29 Dec 08 15:31
DANA convertible bond 1 320 16 Nov 08 16:30
DANA 08Q3 profit Dh26m +18% 5 266 16 Nov 08 14:43

DANA latest news (links open in new window)Top

News Item

Egypt cannot let go of the baton now gulfnews.com British companies like BP and Shell already have long-standing joint venture partnerships with Adnoc, Adco and Dana Gas . Leading British and Emirati companies have joined forces on successful projects in the renewable energy, transport and infrastructure ... More ...


News Item

Saudi stocks decline sharply as rebels in Yemen advance The National Yemen's president Abdrabu Mansur Hadi fled his base in the southern port of Aden for an undisclosed location, following the arrest of the country's defence minister in the city of Lahj, Reuters reported. Shares in Knowledge Economic City, one of six planned economic cities in the kingdom, were among the ... Taqa shares fell 6.25 per cent to 75 fils, while shares in Dana Gas ended down 4.76 per cent at 40 fils. 'We may see a lot more of this red colour in the UAE for the next four to five weeks,ā€¯ said Mr Shabir. 'It'll be a ... and more » More ...


News Item

Foreign firms receive price boost for Egypt natural gas The National Sharjah-based Dana Gas is also waiting to receive word if it will receive more money for its natural gas, with the Egyptian government currently paying the company about $2.65. The announcement of new gas prices is a welcome development, and it comes ... and more » More ...


News Item

Apicorp secures $950m financing for investment gulfnews.com Abu Dhabi: The Arab Petroleum Investments Corporation (Apicorp), an investment company established in 1975 by the 10-member states of the Organization of Arab Petroleum Exporting Countries (Oapec), announced yesterday that it has successfully ... and more » More ...


News Item

The National Egypt seeks to double its power generation capacity The National Sharjah-based Dana Gas revised its contract with Egypt to offer an alternative payment method that the company said would ultimately increase its investment in Egypt. The firm signed an agreement with the Egyptian government that allows Egypt to barter its ... More ...


News Item

DNO says Kurdish Iraq production on track despite spending cuts The National The KRG said it expected to make inroads on the hundreds of millions of dollars of back payments it owes to companies, which include Dana Gas . 'DNO expects to realise our share of export revenues from Kurdistan consistent with our contractual terms,ā€¯ Mr ... and more » More ...


News Item

Egypt president bullish after economic summit gulfnews.com Sharm Al Shaikh (Egypt): Egyptian President Abdul Fattah Al Sissi on Sunday boisterously marked the final day of a major economic conference that has injected billions of dollars' worth of aid and investment in his country, while still acknowledging the road ... and more » More ...


News Item

Weak euro to help European companies, force US rivals to adapt gulfnews.com Reuters ; Published: 14:58 March 15, 2015; Gulf News. Share on facebook Share on twitter Share on email Share on print More Sharing .... Oasis sees Dh504.7m revenue. 4. What may convince UAE to impose VAT. 5. Dana Gas to invest $350m in Egypt ... and more » More ...


News Item

Khaleej Times UAE firm hopes to recover arrears worth $185m by end of 2016 Khaleej Times Sharm El Sheikh: Dana Gas will invest $350 million in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the UAE company's chief executive said on Saturday. The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant, Patrick Allman-Ward told Reuters at the investment summit in Sharm El Sheikh. He said he expected Egypt to pay ... and more » More ...


News Item

Khaleej Times BP leads with $12 billion energy deal as more firms set to pour money Khaleej Times Reuters . Sharm El Sheikh: Egypt, which has secured $12 billion aid pledge from the UAE, Saudi Arabia and Kuwait to help its economy, received further boost on Saturday as leading international groups signed deals worth more than $17 billion. The North African ... Besides Dana Gas , who announced on Saturday to invest $350 million in Egypt over the next 30 months, Abu Dhabi-based KBBO Group plans to invest $2 billion in key sectors of the Egyptian economy, its chief executive Nabeel Abdulrahman said. and more » More ...


Newsfeed from Google News. See also latest UAE market news.

DANA opinion, news, reports, researchTop

DANA Gas forum  Replies   Views   Last Post 
Dana Azhar Egypt 0 71 23 Feb 09 11:17
Dana Iran gas 2009 3 168 17 Feb 09 17:23
Dana Egypt 2nd gas discovery 1 42 16 Feb 09 14:39
DANA 2008Q4 profit Dh35m -10% 3 161 01 Feb 09 13:24
Dana Sharjah concession 0 168 27 Jan 09 16:03
Dana Salma-1 Egypt discovery 1 142 12 Jan 09 14:32
Dana growth in 2009 1 197 06 Jan 09 20:06
Dana Egypt El Basant discovery 0 154 29 Dec 08 15:31
DANA convertible bond 1 320 16 Nov 08 16:30
DANA 08Q3 profit Dh26m +18% 5 266 16 Nov 08 14:43
Dana Gas financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
DANA First Quarter     2006Q1 2007Q1 2008Q1
DANA Second Quarter     2006Q2 2007Q2 2008Q2
DANA Third Quarter     2006Q3 2007Q3  2008Q3
DANA Preliminary FY Report   2005PR 2006PR  2007PR  2008PR 
DANA Final Annual Report   2005FY 2006FY 2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

DANA latest news (links open in new window)Top

News Item

Egypt cannot let go of the baton now gulfnews.com British companies like BP and Shell already have long-standing joint venture partnerships with Adnoc, Adco and Dana Gas . Leading British and Emirati companies have joined forces on successful projects in the renewable energy, transport and infrastructure ... More ...


News Item

Saudi stocks decline sharply as rebels in Yemen advance The National Yemen's president Abdrabu Mansur Hadi fled his base in the southern port of Aden for an undisclosed location, following the arrest of the country's defence minister in the city of Lahj, Reuters reported. Shares in Knowledge Economic City, one of six planned economic cities in the kingdom, were among the ... Taqa shares fell 6.25 per cent to 75 fils, while shares in Dana Gas ended down 4.76 per cent at 40 fils. 'We may see a lot more of this red colour in the UAE for the next four to five weeks,ā€¯ said Mr Shabir. 'It'll be a ... and more » More ...


News Item

Foreign firms receive price boost for Egypt natural gas The National Sharjah-based Dana Gas is also waiting to receive word if it will receive more money for its natural gas, with the Egyptian government currently paying the company about $2.65. The announcement of new gas prices is a welcome development, and it comes ... and more » More ...


News Item

Apicorp secures $950m financing for investment gulfnews.com Abu Dhabi: The Arab Petroleum Investments Corporation (Apicorp), an investment company established in 1975 by the 10-member states of the Organization of Arab Petroleum Exporting Countries (Oapec), announced yesterday that it has successfully ... and more » More ...


News Item

The National Egypt seeks to double its power generation capacity The National Sharjah-based Dana Gas revised its contract with Egypt to offer an alternative payment method that the company said would ultimately increase its investment in Egypt. The firm signed an agreement with the Egyptian government that allows Egypt to barter its ... More ...


News Item

DNO says Kurdish Iraq production on track despite spending cuts The National The KRG said it expected to make inroads on the hundreds of millions of dollars of back payments it owes to companies, which include Dana Gas . 'DNO expects to realise our share of export revenues from Kurdistan consistent with our contractual terms,ā€¯ Mr ... and more » More ...


News Item

Egypt president bullish after economic summit gulfnews.com Sharm Al Shaikh (Egypt): Egyptian President Abdul Fattah Al Sissi on Sunday boisterously marked the final day of a major economic conference that has injected billions of dollars' worth of aid and investment in his country, while still acknowledging the road ... and more » More ...


News Item

Weak euro to help European companies, force US rivals to adapt gulfnews.com Reuters ; Published: 14:58 March 15, 2015; Gulf News. Share on facebook Share on twitter Share on email Share on print More Sharing .... Oasis sees Dh504.7m revenue. 4. What may convince UAE to impose VAT. 5. Dana Gas to invest $350m in Egypt ... and more » More ...


News Item

Khaleej Times UAE firm hopes to recover arrears worth $185m by end of 2016 Khaleej Times Sharm El Sheikh: Dana Gas will invest $350 million in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the UAE company's chief executive said on Saturday. The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant, Patrick Allman-Ward told Reuters at the investment summit in Sharm El Sheikh. He said he expected Egypt to pay ... and more » More ...


News Item

Khaleej Times BP leads with $12 billion energy deal as more firms set to pour money Khaleej Times Reuters . Sharm El Sheikh: Egypt, which has secured $12 billion aid pledge from the UAE, Saudi Arabia and Kuwait to help its economy, received further boost on Saturday as leading international groups signed deals worth more than $17 billion. The North African ... Besides Dana Gas , who announced on Saturday to invest $350 million in Egypt over the next 30 months, Abu Dhabi-based KBBO Group plans to invest $2 billion in key sectors of the Egyptian economy, its chief executive Nabeel Abdulrahman said. and more » More ...


Newsfeed from Google News. See also latest UAE market news.

Dana Gas comments & notesTop

10 December 2006 comments

Dana Gas has or is trying to have a presence in several countries - UAE, Canada, Bahrain, Iran, Saudi Arabia, Pakistan, Egypt, and there is a tenuous connection to Iraq in there somewhere, possibly LNG terminals in Pakistan, Lebanon and Kuwait, and regional offices planned for Qatar, Bahrain, and Egypt. A short summary is here - Dana background.

Dana Gas (sometimes DanaGas but not Danan Gas) was established in 2005 to take advantage of oil and gas exploration and development opportunities in the Gulf, Middle East and MENA regions. Founders hold over 65% of DANA shares. They include a large number of the UAE, Gulf, and international banks, investment companies and individuals. The Government of Sharjah, the Bank of Sharjah, and Crescent Petroleum (not the same as CNGCL) own almost 33% of Dana Gas.

The IPO came at the height of a frenzy of IPOs in the region and the Dana Gas IPO was one of the largest at 140 times oversubscribed with AED 280 billion being raised. At the time of subscription in September 2005, newspapers carried reports of chaos at banks in the UAE when they were swamped by investors, and having to lock them out. Flights from Saudi Arabia were fully booked for a month with investors wanting to subscribe. One of the attractions was the intention of offering a minimum allotment of 5000 shares per person for GCC and UAE nationals. In the end, that had to be reduced to about 1500 shares per investor.

Dana Gas owns two subsidiaries - Sajaa Gas Private Limited Company (SAJGAS) and United Gas Transmissions Company (UGTC) - and a 35% share of Crescent National Gas Corporation Ltd (CNGCL). All three companies are based in Sharjah. The remainder of CNGCL is owned by Crescent Petroleum.

CNGCL has a 25 year agreement with Iran's NIOC (National Iranian Oil Company) to buy natural gas off them and supply it via the Iran-UAE pipeline to the Hamriya Free Zone in Sharjah. The pipeline itself is a $1 billion or AED 3.57 billion project. In March 2006 there was a dispute over pricing - the Iranians claimed that the price originally agreed was too low. By May 2006 there was reportedly an agreement that gas would be flowing by the end of 2006. Well, unless the Iranians renege again...

  • 25 Nov 2006 - Dana Gas opens new office in Al Khobar, Saudi Arabia. No further information on possible projects.
  • 13 Nov 2006 - Dana Gas will buy Centurion Energy in Canada for AED 3.7 bn.
  • 30 Oct 2006 - Dana Gas signs an agreement with Single Buoy Moorings (SBM) from Holland to develop LNG terminals in the region, initially targetting Pakistan, Kuwait, Lebanon.
  • 02 Oct 2006 - Dana Gas forms Danagaz in Bahrain, ownership will be shared - DANA will have 66% and the Bahraini partners will have 34%. Danagaz's first project will be to build, own and operate the Gulf of Suez Gas Liquids Plant in Egypt.
  • 05 Aug 2006 - Emirates Today reports Dana Gas expected profit for 2006 of AED 228 million, and forecast to double by 2010 to AED 490 million. Revenues expected to grow from 57.3 m dhs in 2006 to 960m dhs in 2006 (presumably one of those numbers is a misprint) and 5.3 bn dhs in 2010.
  • 05 Aug 2006 - Emirates Today also reported that Dana Gas is likely to buy 51% of the Pakistani Sui Southern Gas Company in 2007.
  • 03 Jan 2006 - Dana Gas and Emarat sign AED 670 million joint gas project.
Contact details and investor informationTop
  • Dana Gas, PO Box 2011, Sharjah, UAE. Tel +971-6-5569444.
  • www.danagas.ae - DANA website home page.
  • mail@danagas.ae - Dana Gas email.
DANA - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.adx.ae - ADX financial disclosures, news and information.

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This page last updated 26-Nov-2009. Company information last updated 16 Oct 2008. E & OE.