ADNOC hosted its inaugural Investor Majlis, gathering over 500 participants to highlight its growth strategy and the resilience of its six listed entities (ADNOC Drilling, ADNOC Gas, etc.). Led by Dr. Sultan Ahmed Al Jaber, the event provided a comprehensive view of ADNOC’s focus on strong governance, financial discipline, and sustainable shareholder returns, underpinned by a clear commitment of $43 billion in dividends until 2030. The Majlis was praised by analysts from major banks (including Goldman Sachs, JP Morgan, and Morgan Stanley) for its transparency and reaffirming ADNOC’s crucial role in the UAE’s economy. Following the presentations, banks issued multiple price target upgrades—some by as much as 11.4%—driven by confidence in ADNOC’s balanced growth framework, expanding value chain, and adoption of digital and AI solutions. The vast majority of analysts (around 80%) now recommend buying ADNOC stocks.
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