DANA - Dana Gas

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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 latest news (links open in new window)Top

News Item

DFM, ADX end day with less than 1% movement gulfnews.com In the capital, Fujairah Building Industries topped the gainers' list with a 14.67 per cent increase, followed by National Takaful Company (Watania) with 10.98 per cent, Al Khazna Insurance Co. with 4.65 per cent, and Dana Gas with 4.08 per cent. Of ... and more » More ...


News Item

The National UAE markets little moved in mixed trading The National Abu Dhabi Ship Building was the day's best performer, while Dana Gas was one of the top stocks, ending up 6.5 per cent at 49 fils, its highest close since early May. Taqa surged 14 per cent in early trading, following a report that the Abu Dhabi ... and more » More ...


News Item

UAE markets trade sideways as Iran, US extend talks gulfnews.com (Asmak) with 9.59 per cent, Dana Gas with 6.52 per cent, and Abu Dhabi National Energy Company (Taqa) with 5.71 per cent. Of the 34 stocks traded on DFM, 18 went up, nine went down, and seven remained unchanged. Of the 36 stocks traded on ADX, ... and more » More ...


News Item

Emirates 24/7 Abu Dhabi mulls state-backed merger for Taqa Emirates 24/7 Now, Blackstone has been hired to advise on ways to tackle its debt pile, according to the source, with total liabilities reaching some Dh104.8 billion ($28.5 billion), according to its first-quarter financial statement. Sources told Reuters last week ... and more » More ...


News Item

gulfnews.com DFM, ADX edge lower as Greece crisis flares gulfnews.com In Abu Dhabi, National Marine Dredging Co. topped the gainers' list with a 15 per cent increase, followed by Emirates Driving Company with 5.82 per cent, Methaq Takaful Insurance Co. with 4.41 per cent, and Dana Gas with 2.22 per cent. Of the 35 stocks ... and more » More ...


News Item

gulfnews.com Oilfield services company Al Mansoori plans an IPO debut gulfnews.com UAE on Wednesday opened a new oil pipeline that gives its crude shipments a direct access to the Indian Ocean.Export of 500,000 barrels of oil to Pakistan transported through the pipeline yesterday marked its inauguration. The 1.5 million-barrel-per ... and more » More ...


News Item

Dubai index jumps nearly 1% in high volume trade gulfnews.com The index ended the day 0.67 per cent higher at 4,620.71. Eshraq Properties ended 2.56 per cent higher at Dh0.80, while Dana Gas ended more than 4 per cent at Dh0.47. Elsewhere in the Gulf, Qatar Exchange Index ended 0.75 per cent higher at 12,121.22, ... and more » More ...


News Item

Emerging market stocks up on US interest rate expectations The National Dana Gas led gains on the index yesterday, closing up 2.3 per cent at 44 fils. RAK Properties rose 1.5 per cent at 66 fils. At the other end of the spectrum were Eshraq Properties and FGB, which ended the day down 1.3 per cent and 0.6 per cent ... and more » More ...


News Item

UAE stocks grind to a halt before Ramadan The National Of the other four, Eshraq Properties and Abu Dhabi Commercial Bank slipped back 1.4 per cent and 0.8 per cent, respectively, while Dana Gas and Aldar Properties ended the day unchanged. The Dubai Financial Market General Index rose 0.2 per cent to ... and more » More ...


News Item

Dubai index hits mid-April high as volumes zoom gulfnews.com Dana Gas also ended 2.27 per cent higher at Dh0.45. Saudi's Tadawul ended 0.53 per cent higher at Dh9,541.58 after the global index provider MSCI said it would seek feedback from investors on the accessibility of Saudi Arabia's market following its ... More ...


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

DANA opinion, news, reports, researchTop

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

DFM, ADX end day with less than 1% movement gulfnews.com In the capital, Fujairah Building Industries topped the gainers' list with a 14.67 per cent increase, followed by National Takaful Company (Watania) with 10.98 per cent, Al Khazna Insurance Co. with 4.65 per cent, and Dana Gas with 4.08 per cent. Of ... and more » More ...


News Item

The National UAE markets little moved in mixed trading The National Abu Dhabi Ship Building was the day's best performer, while Dana Gas was one of the top stocks, ending up 6.5 per cent at 49 fils, its highest close since early May. Taqa surged 14 per cent in early trading, following a report that the Abu Dhabi ... and more » More ...


News Item

UAE markets trade sideways as Iran, US extend talks gulfnews.com (Asmak) with 9.59 per cent, Dana Gas with 6.52 per cent, and Abu Dhabi National Energy Company (Taqa) with 5.71 per cent. Of the 34 stocks traded on DFM, 18 went up, nine went down, and seven remained unchanged. Of the 36 stocks traded on ADX, ... and more » More ...


News Item

Emirates 24/7 Abu Dhabi mulls state-backed merger for Taqa Emirates 24/7 Now, Blackstone has been hired to advise on ways to tackle its debt pile, according to the source, with total liabilities reaching some Dh104.8 billion ($28.5 billion), according to its first-quarter financial statement. Sources told Reuters last week ... and more » More ...


News Item

gulfnews.com DFM, ADX edge lower as Greece crisis flares gulfnews.com In Abu Dhabi, National Marine Dredging Co. topped the gainers' list with a 15 per cent increase, followed by Emirates Driving Company with 5.82 per cent, Methaq Takaful Insurance Co. with 4.41 per cent, and Dana Gas with 2.22 per cent. Of the 35 stocks ... and more » More ...


News Item

gulfnews.com Oilfield services company Al Mansoori plans an IPO debut gulfnews.com UAE on Wednesday opened a new oil pipeline that gives its crude shipments a direct access to the Indian Ocean.Export of 500,000 barrels of oil to Pakistan transported through the pipeline yesterday marked its inauguration. The 1.5 million-barrel-per ... and more » More ...


News Item

Dubai index jumps nearly 1% in high volume trade gulfnews.com The index ended the day 0.67 per cent higher at 4,620.71. Eshraq Properties ended 2.56 per cent higher at Dh0.80, while Dana Gas ended more than 4 per cent at Dh0.47. Elsewhere in the Gulf, Qatar Exchange Index ended 0.75 per cent higher at 12,121.22, ... and more » More ...


News Item

Emerging market stocks up on US interest rate expectations The National Dana Gas led gains on the index yesterday, closing up 2.3 per cent at 44 fils. RAK Properties rose 1.5 per cent at 66 fils. At the other end of the spectrum were Eshraq Properties and FGB, which ended the day down 1.3 per cent and 0.6 per cent ... and more » More ...


News Item

UAE stocks grind to a halt before Ramadan The National Of the other four, Eshraq Properties and Abu Dhabi Commercial Bank slipped back 1.4 per cent and 0.8 per cent, respectively, while Dana Gas and Aldar Properties ended the day unchanged. The Dubai Financial Market General Index rose 0.2 per cent to ... and more » More ...


News Item

Dubai index hits mid-April high as volumes zoom gulfnews.com Dana Gas also ended 2.27 per cent higher at Dh0.45. Saudi's Tadawul ended 0.53 per cent higher at Dh9,541.58 after the global index provider MSCI said it would seek feedback from investors on the accessibility of Saudi Arabia's market following its ... 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.