DANA - Dana Gas

 Home | New Investors | company results | Companies | UAE Brokers | Stock Forum | Latest posts | UAE news

Forum Topics
Recent News
Comments
Financial Reports
Contact and Links
          

Java support must be enabled in order to display FnCharts.
You can download Java from http://www.java.com

Share prices in AED | Chart help
Interactive Stock Charts provided by WD SOFTWARE

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

gulfnews.com UAE, regional stock markets to remain volatile gulfnews.com Dubai: Local and regional stock markets are expected to remain volatile in the short-term due to global uncertainty accompanied by huge gyrations in oil prices. On Wednesday, the Abu Dhabi Securities Exchange General Index closed 0.53 per cent lower atá... and moreá╗ More ...


News Item

MIDEAST STOCKS-Gulf markets dip after oil retreats Reuters But budget carrier Air Arabia, which could benefit from cheaper fuel, rose 1.4 percent. Abu Dhabi's bourse edged up 0.2 percent thanks to blue chip National Bank of Abu Dhabi, which rose 2.3 percent. Energy firm Dana Gas , down 1.9 percent, was the ... and moreá╗ More ...


News Item

Abu Dhabi, Dubai indices start the month on weak note gulfnews.com Dana Gas ended 1.85 per cent lower at Dh0.53, while Aldar Properties closed more than 4.5 per cent lower at Dh2.22. Abu Dhabi Commercial Bank ended 3 per cent lower at Dh7.76. Out of a total of 26 stocks traded on the exchange, shares of 20 firms fell,á... and moreá╗ More ...


News Item

gulfnews.com Outlook remains bearish for UAE, Saudi indices gulfnews.com Dana Gas closed 3.85 per cent higher at Dh0.54. Out of a total of 30 stocks traded on the exchange, shares of 11 firms rose, while shares of other 9 firms fell. 'I have very negative outlook for Tadawul index, which may hit 5,900 in a few weeks,ÔÇŁ said ... and moreá╗ More ...


News Item

Dubai index tumbles nearly 7 per cent, nears bear market territory gulfnews.com Elsewhere, the Abu Dhabi Securities Exchange General index closed 5.01 per cent lower at 4,286.49, after falling as much as 4,279.07. Aldar Poperties closed more than 8 per cent down at Dh2.06, while Dana Gas closed more than 10 per cent lower atá... and moreá╗ More ...


News Item

UAE stock market traders urged to look for buying opportunities gulfnews.com UAE traders should look at buying opportunities after the Dubai index fell nearly a fifth from its 2015 high, analysts said. 'I advise investors to buy at low levels this week. I see a recovery in Abu Dhabi index before end of this week because it has ... and moreá╗ More ...


News Item

Sliding oil weighs on UAE bourses The National UAE markets fell on Sunday as they were weighed down by a drop in crude oil prices and dismal earnings from property companies. Brent fell about 0.4 per cent on Friday to US$49.03 a barrel. The benchmark crude is down 57 per cent since peaking at $115á... More ...


News Item

MIDEAST STOCKS - Factors to watch - Aug 16 Reuters Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS-Stocks end week lower, bruised by China yuan weakness. * MIDEAST STOCKS-Gulf markets slip on oil price concerns, Q2á... and moreá╗ More ...


News Item

Dana Gas Second-Quarter Profit Plunges as Output Declines 9% Bloomberg Dana Gas PJSC, the United Arab Emirates energy company producing oil and gas in Egypt and Iraq, reported an 85 percent plunge in second-quarter profit as production declined and prices dropped. Net income fell to 25 million dirhams ($6.8 million) fromá... and moreá╗ More ...


News Item

UAE's Dana Gas posts 85 per cent slump in profit The National Profit at Sharjah-based Dana Gas tumbled by 85 per cent in the second quarter amid the slump in oil prices and lower production. The Abu Dhabi-listed company's net profit fell to Dh25 million compared with Dh169m over the same period last year ... and moreá╗ 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

gulfnews.com UAE, regional stock markets to remain volatile gulfnews.com Dubai: Local and regional stock markets are expected to remain volatile in the short-term due to global uncertainty accompanied by huge gyrations in oil prices. On Wednesday, the Abu Dhabi Securities Exchange General Index closed 0.53 per cent lower atá... and moreá╗ More ...


News Item

MIDEAST STOCKS-Gulf markets dip after oil retreats Reuters But budget carrier Air Arabia, which could benefit from cheaper fuel, rose 1.4 percent. Abu Dhabi's bourse edged up 0.2 percent thanks to blue chip National Bank of Abu Dhabi, which rose 2.3 percent. Energy firm Dana Gas , down 1.9 percent, was the ... and moreá╗ More ...


News Item

Abu Dhabi, Dubai indices start the month on weak note gulfnews.com Dana Gas ended 1.85 per cent lower at Dh0.53, while Aldar Properties closed more than 4.5 per cent lower at Dh2.22. Abu Dhabi Commercial Bank ended 3 per cent lower at Dh7.76. Out of a total of 26 stocks traded on the exchange, shares of 20 firms fell,á... and moreá╗ More ...


News Item

gulfnews.com Outlook remains bearish for UAE, Saudi indices gulfnews.com Dana Gas closed 3.85 per cent higher at Dh0.54. Out of a total of 30 stocks traded on the exchange, shares of 11 firms rose, while shares of other 9 firms fell. 'I have very negative outlook for Tadawul index, which may hit 5,900 in a few weeks,ÔÇŁ said ... and moreá╗ More ...


News Item

Dubai index tumbles nearly 7 per cent, nears bear market territory gulfnews.com Elsewhere, the Abu Dhabi Securities Exchange General index closed 5.01 per cent lower at 4,286.49, after falling as much as 4,279.07. Aldar Poperties closed more than 8 per cent down at Dh2.06, while Dana Gas closed more than 10 per cent lower atá... and moreá╗ More ...


News Item

UAE stock market traders urged to look for buying opportunities gulfnews.com UAE traders should look at buying opportunities after the Dubai index fell nearly a fifth from its 2015 high, analysts said. 'I advise investors to buy at low levels this week. I see a recovery in Abu Dhabi index before end of this week because it has ... and moreá╗ More ...


News Item

Sliding oil weighs on UAE bourses The National UAE markets fell on Sunday as they were weighed down by a drop in crude oil prices and dismal earnings from property companies. Brent fell about 0.4 per cent on Friday to US$49.03 a barrel. The benchmark crude is down 57 per cent since peaking at $115á... More ...


News Item

MIDEAST STOCKS - Factors to watch - Aug 16 Reuters Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL. * GLOBAL MARKETS-Stocks end week lower, bruised by China yuan weakness. * MIDEAST STOCKS-Gulf markets slip on oil price concerns, Q2á... and moreá╗ More ...


News Item

Dana Gas Second-Quarter Profit Plunges as Output Declines 9% Bloomberg Dana Gas PJSC, the United Arab Emirates energy company producing oil and gas in Egypt and Iraq, reported an 85 percent plunge in second-quarter profit as production declined and prices dropped. Net income fell to 25 million dirhams ($6.8 million) fromá... and moreá╗ More ...


News Item

UAE's Dana Gas posts 85 per cent slump in profit The National Profit at Sharjah-based Dana Gas tumbled by 85 per cent in the second quarter amid the slump in oil prices and lower production. The Abu Dhabi-listed company's net profit fell to Dh25 million compared with Dh169m over the same period last year ... and moreá╗ 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.

Disclaimer: ShareWadi.com and DubaiShareTalk.com provide UAE stockmarket related information, but do not offer investment advisory services, or brokerage services. Investing in shares is risky, you can lose some or all of your money and/or other assets. Anything you read on this site should be regarded as the opinion of the author only and is not to be taken as advice to buy, sell, or hold shares and/or other investments. Do not make investment decisions without due diligence and/or professional advice. In particular, do not assume anything you read on this site is correct or accurate. You should make your own investigations to determine if information is accurate and ultimately, you should accept that you and you alone are responsible for any investing decisions you make.

daily market reports | Calendar | Abu Dhabi Securities Exchange | Dubai Financial Market | ADSM DFM forms | Links | news & research | UAE IPO
RSS (daily market report) | DFM ADSM forum | FAQs | Dubai stock exchange | Contact Us | About Us | Terms of Service | Privacy Policy | Advertise

Copyright © ShareWadi.com 2005-2008. Any company names or product names used on this site, discussion forum, and/or communications from anyone associated with this website are the trademarks or registered trademarks of their respective holders.
This page last updated 26-Nov-2009. Company information last updated 16 Oct 2008. E & OE.