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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 2012 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 2012 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 Gas analysis March 2013 [page: 1, 2, 3, 4] 92 7259 23 May 13 04:30
Sell in May - entry exit points UAE stocks 4 319 22 May 13 20:06
GGICO shares going up 1 287 15 May 13 17:07
Emaar dividend check 2013 6 417 08 May 13 10:03
Dana Gas announces significant progress 1 596 02 Apr 13 08:37
Dana Gas sells part of MOL Hungary stake 0 411 09 Feb 13 10:37
Dana Gas makes 2 new gas discoveries in Egypt 8 1004 23 Jan 13 14:51
Dana Gas Bonds [page: 1, 2] 37 5148 11 Dec 12 10:13
Dana Gas share price all time low 7 2615 02 Mar 12 17:29
DANA Gas share price slump 4 1223 23 Jan 12 22:30

DANA latest news (links open in new window)Top

News Item

UAE-British Business Council holds 4th meeting in Manchester Khaleej Times The most important UAE companies investing in United Kingdom include ADNOC, ENOC, Abu Dhabi Commercial Bank (ADCB), Dana Gas Wells, Masdar, the Abu Dhabi Investment Company, Abu Dhabi Exhibition Centre (ADNEC), Abu Dhabi Investment ... and more » More ...


News Item

Taqa weighs dual listing with entry into London The National The Sharjah-based producer Dana Gas is studying options to improve the value of its shares, also listed on the ADX, with options including revisiting plans for a London listing, Majid Jafar, a board member and the chief executive of the parent company, ... More ...


News Item

Oil tender delay plan rejected The National Saudi oil exports fell in March as power use rose · Western Region seeks to diversify · Taqa counting on its expertise · Nova Chemicals to start using shale gas in Ontario · Dana Gas first-quarter profit rises after MOL stake sale · RAK Petroleum broadens ... and more » More ...


News Item

Small investors lift gold trade The National Search: Business · Industry Insights. Connect: facebook · twitter · Google Plus; Radio: Classic FM; Feed: rss. Demand for jewellery in both India and the Middle East was up 15 per cent in the first three months of the year. Dhiraj Singh / Bloomberg News .... world's top performers · Arabtec seeks bigger presence on Depa board · Glittering day ahead for gold trade · Encouraging signs across the GCC · 'Domino effect' from Saudi easing of foreign ownership restrictions · Dana Gas to revisit international share listing ... More ...


News Item

Dana Gas first-quarter profit rises after MOL stake sale The National Dana Gas completed the refinancing of a $1bn sukuk this year. Its payment issues prevented the company from repaying the bond when it matured last October, and its financial difficulties had caused its shares on the Abu Dhabi Securities Exchange to slump. More ...


News Item

The National UAE stock exchanges among world's top performers The National Markets. Arabtec seeks bigger presence on Depa board · Glittering day ahead for gold trade · Encouraging signs across the GCC · 'Domino effect' from Saudi easing of foreign ownership restrictions · Dana Gas to revisit international share listing · Optimistic on ... More ...


News Item

The National RakBank comes under fire from customers over cyber attack The National More articles. Back to Banking. Next article. Success takes the reins at the home of Downton Abbey. Previous article. Dana Gas first-quarter profit rises after MOL stake sale. Previous article. Dana Gas first-quarter profit rises after MOL stake sale. Next article ... More ...


News Item

The National A chance to work in tandem as free zone fever starts to build The National Payments via Emirates ID card could be on the way · Dana Gas first-quarter profit rises after MOL stake sale · Indian airlines charge for once free services · Abu Dhabi eyes top 50 in meeting rankings after breakthrough · Stop suffering for the cause and call in ... and more » More ...


News Item

Stop suffering for the cause and call in sick The National Dana Gas · • Shuaa · • Book reviews. E-Paper. e-paper. View the paper as it appeared in print. Register here. Download the iPad ereader. Here. App. e-paper. Keep up to date with the latest news on the move. Get your iPhone app here. Get the most from The ... More ...


News Item

Indian airlines charge for once free services The National More articles. Back to Aviation. Next article. Dana Gas first-quarter profit rises after MOL stake sale. Previous article. Abu Dhabi eyes top 50 in meeting rankings after breakthrough. Previous article. Abu Dhabi eyes top 50 in meeting rankings after breakthrough ... 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 Gas analysis March 2013 [page: 1, 2, 3, 4] 92 7259 23 May 13 04:30
Sell in May - entry exit points UAE stocks 4 319 22 May 13 20:06
GGICO shares going up 1 287 15 May 13 17:07
Emaar dividend check 2013 6 417 08 May 13 10:03
Dana Gas announces significant progress 1 596 02 Apr 13 08:37
Dana Gas sells part of MOL Hungary stake 0 411 09 Feb 13 10:37
Dana Gas makes 2 new gas discoveries in Egypt 8 1004 23 Jan 13 14:51
Dana Gas Bonds [page: 1, 2] 37 5148 11 Dec 12 10:13
Dana Gas share price all time low 7 2615 02 Mar 12 17:29
DANA Gas share price slump 4 1223 23 Jan 12 22:30
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-British Business Council holds 4th meeting in Manchester Khaleej Times The most important UAE companies investing in United Kingdom include ADNOC, ENOC, Abu Dhabi Commercial Bank (ADCB), Dana Gas Wells, Masdar, the Abu Dhabi Investment Company, Abu Dhabi Exhibition Centre (ADNEC), Abu Dhabi Investment ... and more » More ...


News Item

Taqa weighs dual listing with entry into London The National The Sharjah-based producer Dana Gas is studying options to improve the value of its shares, also listed on the ADX, with options including revisiting plans for a London listing, Majid Jafar, a board member and the chief executive of the parent company, ... More ...


News Item

Oil tender delay plan rejected The National Saudi oil exports fell in March as power use rose · Western Region seeks to diversify · Taqa counting on its expertise · Nova Chemicals to start using shale gas in Ontario · Dana Gas first-quarter profit rises after MOL stake sale · RAK Petroleum broadens ... and more » More ...


News Item

Small investors lift gold trade The National Search: Business · Industry Insights. Connect: facebook · twitter · Google Plus; Radio: Classic FM; Feed: rss. Demand for jewellery in both India and the Middle East was up 15 per cent in the first three months of the year. Dhiraj Singh / Bloomberg News .... world's top performers · Arabtec seeks bigger presence on Depa board · Glittering day ahead for gold trade · Encouraging signs across the GCC · 'Domino effect' from Saudi easing of foreign ownership restrictions · Dana Gas to revisit international share listing ... More ...


News Item

Dana Gas first-quarter profit rises after MOL stake sale The National Dana Gas completed the refinancing of a $1bn sukuk this year. Its payment issues prevented the company from repaying the bond when it matured last October, and its financial difficulties had caused its shares on the Abu Dhabi Securities Exchange to slump. More ...


News Item

The National UAE stock exchanges among world's top performers The National Markets. Arabtec seeks bigger presence on Depa board · Glittering day ahead for gold trade · Encouraging signs across the GCC · 'Domino effect' from Saudi easing of foreign ownership restrictions · Dana Gas to revisit international share listing · Optimistic on ... More ...


News Item

The National RakBank comes under fire from customers over cyber attack The National More articles. Back to Banking. Next article. Success takes the reins at the home of Downton Abbey. Previous article. Dana Gas first-quarter profit rises after MOL stake sale. Previous article. Dana Gas first-quarter profit rises after MOL stake sale. Next article ... More ...


News Item

The National A chance to work in tandem as free zone fever starts to build The National Payments via Emirates ID card could be on the way · Dana Gas first-quarter profit rises after MOL stake sale · Indian airlines charge for once free services · Abu Dhabi eyes top 50 in meeting rankings after breakthrough · Stop suffering for the cause and call in ... and more » More ...


News Item

Stop suffering for the cause and call in sick The National Dana Gas · • Shuaa · • Book reviews. E-Paper. e-paper. View the paper as it appeared in print. Register here. Download the iPad ereader. Here. App. e-paper. Keep up to date with the latest news on the move. Get your iPhone app here. Get the most from The ... More ...


News Item

Indian airlines charge for once free services The National More articles. Back to Aviation. Next article. Dana Gas first-quarter profit rises after MOL stake sale. Previous article. Abu Dhabi eyes top 50 in meeting rankings after breakthrough. Previous article. Abu Dhabi eyes top 50 in meeting rankings after breakthrough ... 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.