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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 2013 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 2013 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


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DANA latest news (links open in new window)Top

News Item

UAE bourses end month on high note gulfnews.com In the capital, Ras Al Khaimah Ceramic Co. topped the gainers' list with a 6.29 per cent change, followed by Abu Dhabi National Company for Building Materials (Bildco) with 3.15 per cent, Dana Gas with 2.86 per cent, and Abu Dhabi Ship Building Co. with ... and more » More ...


News Item

Greenfield investment in Iraq is likely to be a casualty of fighting The National Exxon, Total and Gazprom all have operations in Iraqi Kurdistan, along with Abu Dhabi companies Taqa and Dana Gas . Dana Gas said that production had been unaffected by security concerns ... Wayne White, a US state department official, told Bloomberg News that 'mounting violence has frightened investors, physically damaged a large number of businesses and discouraged the exploitation of substantial hydrocarbon reserves known to lie under central Iraqā€¯. As investment in Iraq's oilfields composed the largest ... and more » More ...


News Item

The National 500 Yazidis killed by Islamic State : Iraq MP The National BAGHDAD // Militants from the Islamic State have killed at least 500 members of Iraq's Yazidi minority in northern Iraq, a Baghdad government minister said on Sunday. Some of the victims were buried alive and hundreds of women kidnapped. Also on Sunday ... and more » More ...


News Item

The National Dana Gas cites breakthrough in Iranian supply dispute The National Dana Gas , the energy company with assets in politically volatile northern Iraq and Egypt, said that its long-running dispute with the National Iranian Oil Company (NIOC), the state producer, may be resolved amicably after an international tribunal deemed a ... and more » More ...


News Item

Dana Gas announces tribunal ruling gulfnews.com Last week, Dana Gas group chief executive Patrick Allman-Ward reportedly said that the company's operations in Kurdistan are continuing normally with no security threats so far. When contacted by Gulf News on Sunday, a spokesperson for the company ... and more » More ...


News Item

Abu Dhabi Stocks Gain Most in Week on FGB Bets; Dubai Climbs Bloomberg ... percent of the gauge, gained as much as 2.5 percent before closing 0.6 percent higher. Dana Gas PJSC climbed 1.5 percent after it said shareholder Crescent Petroleum Co. won an arbitration ruling against National Iranian Oil Co. ... Israel's benchmark 10-year bonds rose, with yields on the March 2024 securities dropping three basis points, or 0.03 of a percentage point, to 2.7 percent, according to data compiled by Bloomberg . To contact the reporter on this story: Sarmad Khan in Dubai at skhan170@ bloomberg . and more » More ...


News Item

UAE's Dana Gas says tribunal gives favourable ruling on Iran deal Reuters Africa DUBAI Aug 10 ( Reuters ) - United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural gas supply contract between its affiliate Crescent Petroleum and Iran. The tribunal ruled a ... and more » More ...


News Item

The National Islamic scholar calls for more resources to avoid crises like Iraq's The National ABU DHABI // Moderate religious voices need more resources to correct the misinterpretations of Islamic law that have led to situations such as the crisis in Iraq, a local sheikh says. Religious leaders who speak out against extremist groups face violence but ... More ...


News Item

Dana Gas to recover overdue Egypt payments by 2018, chief executive says The National UAE energy firm Dana Gas expects to recover the vast majority of overdue payments which the Egyptian government owes it by 2018, group chief executive Patrick Allman-Ward said on Wednesday. The company is putting in place a new arrangement with ... and more » More ...


News Item

Khaleej Times Dana Q2 profit jumps 70% on high output Khaleej Times Dana Gas , the Middle East's largest regional private sector natural gas company, reported on Wednesday 70 per cent jump in second-quarter net profit as production across the group rose, and announced that its first gas production at Zora Gas Field in the ... and more » More ...


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

DANA opinion, news, reports, researchTop


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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

UAE bourses end month on high note gulfnews.com In the capital, Ras Al Khaimah Ceramic Co. topped the gainers' list with a 6.29 per cent change, followed by Abu Dhabi National Company for Building Materials (Bildco) with 3.15 per cent, Dana Gas with 2.86 per cent, and Abu Dhabi Ship Building Co. with ... and more » More ...


News Item

Greenfield investment in Iraq is likely to be a casualty of fighting The National Exxon, Total and Gazprom all have operations in Iraqi Kurdistan, along with Abu Dhabi companies Taqa and Dana Gas . Dana Gas said that production had been unaffected by security concerns ... Wayne White, a US state department official, told Bloomberg News that 'mounting violence has frightened investors, physically damaged a large number of businesses and discouraged the exploitation of substantial hydrocarbon reserves known to lie under central Iraqā€¯. As investment in Iraq's oilfields composed the largest ... and more » More ...


News Item

The National 500 Yazidis killed by Islamic State : Iraq MP The National BAGHDAD // Militants from the Islamic State have killed at least 500 members of Iraq's Yazidi minority in northern Iraq, a Baghdad government minister said on Sunday. Some of the victims were buried alive and hundreds of women kidnapped. Also on Sunday ... and more » More ...


News Item

The National Dana Gas cites breakthrough in Iranian supply dispute The National Dana Gas , the energy company with assets in politically volatile northern Iraq and Egypt, said that its long-running dispute with the National Iranian Oil Company (NIOC), the state producer, may be resolved amicably after an international tribunal deemed a ... and more » More ...


News Item

Dana Gas announces tribunal ruling gulfnews.com Last week, Dana Gas group chief executive Patrick Allman-Ward reportedly said that the company's operations in Kurdistan are continuing normally with no security threats so far. When contacted by Gulf News on Sunday, a spokesperson for the company ... and more » More ...


News Item

Abu Dhabi Stocks Gain Most in Week on FGB Bets; Dubai Climbs Bloomberg ... percent of the gauge, gained as much as 2.5 percent before closing 0.6 percent higher. Dana Gas PJSC climbed 1.5 percent after it said shareholder Crescent Petroleum Co. won an arbitration ruling against National Iranian Oil Co. ... Israel's benchmark 10-year bonds rose, with yields on the March 2024 securities dropping three basis points, or 0.03 of a percentage point, to 2.7 percent, according to data compiled by Bloomberg . To contact the reporter on this story: Sarmad Khan in Dubai at skhan170@ bloomberg . and more » More ...


News Item

UAE's Dana Gas says tribunal gives favourable ruling on Iran deal Reuters Africa DUBAI Aug 10 ( Reuters ) - United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural gas supply contract between its affiliate Crescent Petroleum and Iran. The tribunal ruled a ... and more » More ...


News Item

The National Islamic scholar calls for more resources to avoid crises like Iraq's The National ABU DHABI // Moderate religious voices need more resources to correct the misinterpretations of Islamic law that have led to situations such as the crisis in Iraq, a local sheikh says. Religious leaders who speak out against extremist groups face violence but ... More ...


News Item

Dana Gas to recover overdue Egypt payments by 2018, chief executive says The National UAE energy firm Dana Gas expects to recover the vast majority of overdue payments which the Egyptian government owes it by 2018, group chief executive Patrick Allman-Ward said on Wednesday. The company is putting in place a new arrangement with ... and more » More ...


News Item

Khaleej Times Dana Q2 profit jumps 70% on high output Khaleej Times Dana Gas , the Middle East's largest regional private sector natural gas company, reported on Wednesday 70 per cent jump in second-quarter net profit as production across the group rose, and announced that its first gas production at Zora Gas Field in the ... 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.