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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

Property shares lead UAE stock market gains The National The Sharjah-based Dana Gas was the main lagger on the index, closing down 2.17 per cent at 45 fils. Shares in Waha Capital lost 0.6 per cent at Dh2.98 after the company announced it was considering investing up to Dh4 billion in the next three to five years ... More ...


News Item

Egypt to Get First LNG Cargo Next Month Amid Plans to Export Gas Bloomberg ( Bloomberg ) -- Egypt, with Africa's third-largest reserves of natural gas, plans to receive its first cargo of foreign liquefied fuel next month, a government official said. ... BP Plc, RWE AG, Dana Gas PJSC, Edison Spa and Total SA won licenses this year. and more » More ...


News Item

GFH shares gain after return to profit The National Shares in GFH were the hottest stock traded in the UAE yesterday after the company announced its return to profit for last year. GFH, which last year said it was transforming itself from an investment bank to a financial group, on Sunday reported an annual ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets consolidate as oil dips; telco deal boosts Egypt Reuters DUBAI, Feb 23 ( Reuters ) - Gulf equity markets were mostly soft on Monday after oil prices pulled back again, while Egypt rose on a fresh sign of foreign investor interest as foreign telecommunications firm Orange raised its stake in a local operator. Brent crude oil dropped below $59 a barrel ... Abu Dhabi's index edged down 0.4 percent as Abu Dhabi National Energy Company and Dana Gas , whose profits are sensitive to oil prices, tumbled 6.4 and 4.3 percent respectively. Qatar's bourse edged up 0.2 percent with ... and more » More ...


News Item

UAE stocks consolidate as crude weighs gulfnews.com Dana Gas , which was the one of the active stock in trade, fell 4.26 per cent to be at Dh0.45. Green Crescent Insurance ended 8.97 per cent lower at Dh0.71. Out of a total of 29 companies traded on the exchange, shares of 13 companies fell, while shares of 9 ... More ...


News Item

Emirates 24/7 Dewa posts 2014 profit rise, to repay $1bn bond in April Emirates 24/7 Related articles. Dewa's Hassyan IWPP construction tender in two months · Moody's changes Dewa outlook to positive · Dana Gas hires advisor for $1bn sukuk · Electricity costs double in three years in Dubai · Dana Gas expects to win arbitration over Iran gas ... and more » More ...


News Item

Dubai bourse drops most in three weeks The National Sharjah-based Air Arabia fell by 4.3 per cent to Dh3.11. Meanwhile in the capital, the Abu Dhabi Securities Exchange General Index fell 1 per cent to 4,647.21, its largest fall in more than two weeks. Dana Gas was one of the index's worst performing stocks, ... and more » More ...


News Item

Dana Gas leads way as oil gain lifts UAE shares The National Shares of Dana Gas jumped 4.2 per cent on Sunday, lifted by the Egyptian prime minister Ibrahim Mahlab's comments on Thursday that the government would 'soon” pay outstanding dues owed to the Sharjah-based energy company. Other shares in the ... More ...


News Item

The National Kurdish Iraq will need $1.4bn to stabilise economy, report shows The National The Kurdish regional government will need US$1.4 billion this year to stabilise its economy after its annual economic growth rate fell 5 percentage points, primarily because of the inflow of Syrian refugees in light of the ISIL conflict, a World Bank report showed ... and more » More ...


News Item

The National UAE bourses go into retreat The National Dana Gas was one of the main risers of the day, closing up 2 per cent at 49 fils. Elsewhere in the Gulf region, Oman's Bank Nizwa announced it was considering a merger with United Finance. The bank's shares rose by 9.9 per cent to 0.89 Omani rials, their ... 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

Property shares lead UAE stock market gains The National The Sharjah-based Dana Gas was the main lagger on the index, closing down 2.17 per cent at 45 fils. Shares in Waha Capital lost 0.6 per cent at Dh2.98 after the company announced it was considering investing up to Dh4 billion in the next three to five years ... More ...


News Item

Egypt to Get First LNG Cargo Next Month Amid Plans to Export Gas Bloomberg ( Bloomberg ) -- Egypt, with Africa's third-largest reserves of natural gas, plans to receive its first cargo of foreign liquefied fuel next month, a government official said. ... BP Plc, RWE AG, Dana Gas PJSC, Edison Spa and Total SA won licenses this year. and more » More ...


News Item

GFH shares gain after return to profit The National Shares in GFH were the hottest stock traded in the UAE yesterday after the company announced its return to profit for last year. GFH, which last year said it was transforming itself from an investment bank to a financial group, on Sunday reported an annual ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets consolidate as oil dips; telco deal boosts Egypt Reuters DUBAI, Feb 23 ( Reuters ) - Gulf equity markets were mostly soft on Monday after oil prices pulled back again, while Egypt rose on a fresh sign of foreign investor interest as foreign telecommunications firm Orange raised its stake in a local operator. Brent crude oil dropped below $59 a barrel ... Abu Dhabi's index edged down 0.4 percent as Abu Dhabi National Energy Company and Dana Gas , whose profits are sensitive to oil prices, tumbled 6.4 and 4.3 percent respectively. Qatar's bourse edged up 0.2 percent with ... and more » More ...


News Item

UAE stocks consolidate as crude weighs gulfnews.com Dana Gas , which was the one of the active stock in trade, fell 4.26 per cent to be at Dh0.45. Green Crescent Insurance ended 8.97 per cent lower at Dh0.71. Out of a total of 29 companies traded on the exchange, shares of 13 companies fell, while shares of 9 ... More ...


News Item

Emirates 24/7 Dewa posts 2014 profit rise, to repay $1bn bond in April Emirates 24/7 Related articles. Dewa's Hassyan IWPP construction tender in two months · Moody's changes Dewa outlook to positive · Dana Gas hires advisor for $1bn sukuk · Electricity costs double in three years in Dubai · Dana Gas expects to win arbitration over Iran gas ... and more » More ...


News Item

Dubai bourse drops most in three weeks The National Sharjah-based Air Arabia fell by 4.3 per cent to Dh3.11. Meanwhile in the capital, the Abu Dhabi Securities Exchange General Index fell 1 per cent to 4,647.21, its largest fall in more than two weeks. Dana Gas was one of the index's worst performing stocks, ... and more » More ...


News Item

Dana Gas leads way as oil gain lifts UAE shares The National Shares of Dana Gas jumped 4.2 per cent on Sunday, lifted by the Egyptian prime minister Ibrahim Mahlab's comments on Thursday that the government would 'soon” pay outstanding dues owed to the Sharjah-based energy company. Other shares in the ... More ...


News Item

The National Kurdish Iraq will need $1.4bn to stabilise economy, report shows The National The Kurdish regional government will need US$1.4 billion this year to stabilise its economy after its annual economic growth rate fell 5 percentage points, primarily because of the inflow of Syrian refugees in light of the ISIL conflict, a World Bank report showed ... and more » More ...


News Item

The National UAE bourses go into retreat The National Dana Gas was one of the main risers of the day, closing up 2 per cent at 49 fils. Elsewhere in the Gulf region, Oman's Bank Nizwa announced it was considering a merger with United Finance. The bank's shares rose by 9.9 per cent to 0.89 Omani rials, their ... 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.