Abu Dhabi National Energy Co

Overview

Abu Dhabi National Energy Co (TAQA) is an energy and water company. Its operations include strategic power generation and water desalination assets. The company also operates upstream and midstream oil and gas businesses. It also includes midstream gas storage, oil and gas processing and transportation. The company generates electricity through plants in Ghana, India, Saudi Arabia, Morocco and the US. TAQA serves power, oil and gas and water industries. The company operates through subsidiaries in Middle East, Europe, North America, North Africa, and India. TAQA is headquartered in Abu Dhabi, the UAE.
Key Stats
Address
Al Maryah Island, P.O.Box 55224, ABU DHABI, United Arab Emirates
Headquarters

United Arab Emirates

Contact

971 2 6914900

No of Employees

1,119

Industry

Power

Ticker Symbol & Exchange​

TAQA [ABD]

Revenue (2020)

$6,531 m

36.4% (2020 vs 2019)
Net Income (2020)

$1,037 m

1527.4% (2020 vs 2019)
Net Profit Margin

16 %

1094% (2020 vs 2019)
Market Cap *

$41,329 m

EPS *

$0

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Abu Dhabi National Energy CoRoyal Dutch Shell PlcEquinor ASACanadian Natural Resources Ltd
Key Information
Headquarters United Arab Emirates Netherlands Norway Canada
Headquarter City ABU DHABI 'S-GRAVENHAGE STAVANGER CALGARY
Headquarter State/Province - - - Alberta
No. of Employees 1,119 87,000 21,245 9,993
Entity Type Public Public Public Public

Products & Services

TAQA focuses on acquiring and investing in diversified portfolio of energy businesses across the value chain. The company’s key products and services include the following:

Products
  • Crude Oil
  • Electricity
  • Natural Gas
  • Vitae Eget Libero
Services
  • Desalination
  • Gas Storage
  • Operation and Maintenance
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Mohamed Hassan Al Suwaidi Chairman Executive Board 2020 - Mr. Mohamed Hassan Al Suwaidi has been the Chairman since 2020. Prior to this, he held several positions at Mubadala...
Steve Ridlington Chief Financial Officer Senior Management 2020 - Mr. Steve Ridlington has been the Chief Financial Officer of the company since 2020. Prior to this, he served Chief...
Jasim Husain Thabet Managing Director; Director; Chief Executive Officer Executive Board 2019 - Mr. Jasim Husain Thabet has been the Chief Executive Officer, Managing Director and Director since 2019. Prior to this, he...
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History

Year Event Description
2021 Plans/Strategy In July, the company announced its plans to sell certain light oil and natural gas-producing…
2020 Plans/Strategy In February, the company announced the plans to sell its stake to Abu Dhabi Power…
2020 Contracts/Agreements In May, the company awarded a contract to Archer Limited for the provision of a…
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Locations


Abu Dhabi Distribution Co

Address

P O Box 219, Abu Dhabi
United Arab Emirates

Telephone

971 2 4166000

Website

www.addc.ae
Arabian Power Company

Address

Sas Al Nakhl Island, Abu Dhabi City
United Arab Emirates

Telephone

971 2 5588899

Website

www.arabianpower.ae
Emirates CMS Power Company

Address

P.O. Box 47688, Abu Dhabi
United Arab Emirates

Telephone

971 2 5067100

Website

www.emiratescms.ae
TAQA North

Address

P.O. Box: 55224, Abu Dhabi
United Arab Emirates

Telephone

971 126914900

Website

www.taqa.ae
Taweelah Asia Power Company

Address

P.O. BOX 32255, Taweelah Power and Water Complex, Abu Dhabi City
United Arab Emirates

Telephone

971 2 5068552

Website

www.tapco.ae
Al Mirfa Power Company

Address

P.O. Box 18626, Al Ain
United Arab Emirates

Telephone

971 3 7080700

Website

www.ampc.ae
TAQA Bratani Ltd

Address

TAQA House, Prospect Road, Arnhall Business Park, Westhill, Aberdeenshire
United Kingdom

Telephone

44 1224 275275

Website

www.taqa.ae/en/uk.html
Al Ain Distribution Company

Address

Al Khabisi, Al Ain
United Arab Emirates

Telephone

971 3 8009008

Website

www.aadc.ae

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
01 Sep 2021 TAQA Plans To Sell Oil And Gas Assets Asset Transaction Abu Dhabi National Energy Co
10 Jun 2021 China Southern Power Grid May Acquire 10% Stake in Abu Dhabi National Energy Acquisition China Southern Power Grid Co Ltd Abu Dhabi National Energy Co
21 Apr 2021 Abu Dhabi May Sell 10% Stake in Abu Dhabi National Energy (Taqa) Acquisition Abu Dhabi National Energy Co
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17 Mar 2021 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
11 Nov 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

1

Active Jobs

2

Posted

3

Closed

Job Trends

Latest Jobs

Job title Company Country
Senior Contracts Specialist Abu Dhabi National Energy Co United Kingdom
Receptionist Abu Dhabi National Energy Co Canada
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar