- Board of Directors recommends $250 million 4Q 2025 dividend, bringing FY 2025 dividends to $1 billion; $1.05 billion annual dividend floor set for 2026
- FY 2025 revenue up 22% to $4.9 billion; driven by strong growth in Abu Dhabi, increased OFS activity and operational excellence
- IDS, unconventional resources and technology-led efficiencies underpin earnings quality
- Accelerated regional expansion unlocking new earnings streams and strengthening ADNOC Drilling’s regional footprint
- 2026 outlook builds on record momentum, driven by AI-enabled performance, excellence in execution and resilient cash returns
ADNOC Drilling Company has announced record fourth quarter and full year 2025 results, marking a step change in scale, technology-enabled performance and excellence in execution. This performance represents the strongest in the Company’s history, reflecting high asset utilization and continued growth across integrated drilling and oilfield services, and driven by strong operational execution across the fleet.
FY 2025 Highlights: Growth, Resilience and Momentum
- Revenue: $4.9 billion, +22% year-on-year (YoY)
- EBITDA: $2.2 billion, +9% YoY
- Net Profit: $1.45 billion, +11% YoY
- Free Cash Flow (excl. M&A): $1.47 billion, +62% YoY
- Return on Equity (ROE): 35%
- Total 2025 Dividend: $1 billion
FY 2025 results translated this momentum into record profitability and cash generation, driven by sustained rig utilization, resilient long-term contracts and accelerated adoption of AI-powered technologies across the fleet. Industry-leading ROE, resilient free cash flow and visible revenue coverage enabled ADNOC Drilling to convert scale into shareholder returns, while supporting ADNOC’s production capacity growth through faster well delivery, lower unit costs and advanced technology deployment.
Commenting on the results, Abdulla Ateya Al Messabi, ADNOC Drilling CEO said: '2025 was a defining year for ADNOC Drilling. Our record-breaking results were delivered by our people, whose discipline, innovation and commitment to operational excellence and safety underpin every milestone we achieve. Our resilience as a business, built on strong systems, disciplined operations and the ability to adapt at pace, continues to reinforce our competitive strength.
'Through execution excellence, technology-led efficiency and a disciplined approach to capital allocation and operations, we continue our transformation into the region’s most advanced energy services company. By expanding across the GCC, pioneering AI-driven operations and setting new benchmarks in sustainability, we are unlocking value and helping power the UAE’s energy future. This is just the beginning of a new era of growth, innovation and impact.'
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Source: ADNOC Drilling
