ADNOC Gas has been selected for inclusion in the MSCI Emerging Markets Index, marking a significant milestone in the company’s global growth strategy.
The inclusion is expected to attract between $300-$500 million in passive cash inflows and expand the company’s international institutional investor base. This development follows ADNOC Gas’s successful $2.84 billion marketed offering, which increased the company’s free float by 80% and led to a sixfold rise in the average daily trading volume.
ADNOC Gas becomes the third ADNOC company to join the prestigious index, which serves as a performance benchmark for large and mid-cap publicly listed companies across 24 emerging market countries.
Fatema Mohamed Al Nuaimi, Chief Executive Officer at ADNOC Gas, expressed enthusiasm about the milestone: “The inclusion supports our ambition to attract a broader and more diversified base of institutional investors and should drive greater liquidity in ADNOC Gas stock.”
Since its 2023 listing, the integrated gas processing and sales company has implemented a disciplined growth strategy, including plans to invest $15 billion in strategic opportunities from 2025 to 2029. The company aims to deliver a 40% increase in EBITDA between 2023 and 2029.
With its inclusion in the MSCI index, ADNOC Gas anticipates higher trading volumes and improved investor engagement, further solidifying its position as a leading global energy player. The company expects these developments to enhance shareholder returns whilst supporting its ambitious growth trajectory in the coming years.
