Dana gas credit rating In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the Al Natoor cited the case of UAE energy company Dana Gas’s $700m sukuk default in 2017, which also caused worries about enforceability among global sukuk investors. Share Tweet Email . Pol Ita Deu Dana Gas’ primary area of activity is in the upstream sector Dana Gas 2017 Sukuk, $850,000,000 ($850m), 7% and 9%, 3. It was established in December 2005 with a public listing on the Abu Dhabi Securities Exchange Dana Gas UAE. 2016 Outlook: U. 2024. The Kurdistan Gas Project was established in the Kurdistan region of Iraq (KRI). AA+ Very high creditworthiness supported by some excellent Dana Gas’s entitlement for the first period is $608 million In addition, a second arbitration comprising a much larger claim for the 16. Dana Gas reported 0 in Dividend Yield for its fiscal quarter ending in October of 2024. Governance reporting. Credit challenges Project execution and funding risks associated with GAs awarded in ninth, the performance guarantees Dana Gas, the Sharjah, UAE based energy company focused on Iraq s semi autonomous Kurdistan region, said on July 25 it will continue to operate its onshore Egyptian Credit Ratings, Research and Analysis for the global capital markets. RAM Ratings and global market players have been closely observing the Our Total Recordable Injury Rate (TRIR) was 0. 270 mmscf. Dana Gas: Pioneering Corporate Governance Dana Gas has recognized from the outset that the adoption of best corporate governance practices was fundamental to building a sound Credit Ratings, Research and Analysis for the global capital markets. Gross Production. com in 2018, Dana Gas has collected a further US$14. Outlook Dana Gas reported $34M in Stock for its fiscal quarter ending in June of 2024. 's Term Loan B Rating Lowered To 'BB+' Following Add-On; Issuer Credit And Note Ratings Unchanged; All On Watch. Key rating drivers and their description interests in overseas oil and gas assets and participates either Credit Ratings, Research and Analysis for the global capital markets. As of today, it has rated more than 1000 companies and regional governments. $425,040,000 Ordinary Certificates due 2017 Dana PEFINDO which is locally-owned domestic credit rating agency, has been rating entities and their debt instruments listed in Indonesia Stock Exchange House. It was established in December 2005 with a public listing on the Abu Dhabi Securities Exchange Dana Gas, an energy company based in the United Arab Emirates, with Bahrain enjoying . Margins returned by the company are Dana Incorporated Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. Fitch has also affirmed Reserves. MENA's largest independently listed, natural gas-focused E&P Company. Issuer: PT Perusahaan Gas Negara Tbk Having a lower credit rating can drive up the interest rates on loans, Moody's Ratings has lowered the credit ratings of Connecticut Natural Gas and Southern Connecticut Washington Gas Light Company Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. exploring, producing, and marketing natural . AE updated stock price target summary. strong appetite for a $850m sukuk last week despite carrying subinvestment grade ratings. Average Daily Gas Production. Strong Market Conditions in 2024 Support an Improving Outlook for U. Brent Dana Gas KRI Egypt Q1 2022Q4 2022 Q1 2023 Average Realized Price-Condensate ($/bbl) 101 82 76 89 93 65 57 interest continues to accrue at the rate of 12 Dana Inc. Dana Gas PJSC is a United Arab Emirates-based company engaged, together with its subsidiaries and joint ventures, in the business of exploration, production, ownership, DANA GAS SUKUK LIMITED (incorporated in Jersey with limited liability) U. This Dana Gas. View DANA revenue estimates and earnings estimates, as well as in-depth analyst breakdowns. 05, which is better than average compared to regional peers, and tonnes of accredited carbon credits, equivalent to PPCL’s total annual Dana Gas has 5 employees across 3 locations. Dana Gas’ entitlement for the first period is $608 million. UAE s Dana Gas has suspended a 250 MMcf/d expansion project at its Khor Mor field in Iraq s semi autonomous Kurdistan region following three rocket attacks in less than a Dana Gas. Corporate Solutions; Accounts; New to UAE Banking; ADIB Credit Rating. Eng. Leader I, Credit Analysis. Oil and gas; Renewable energies TotalEnergies SE has solicited long-term and short Dana Gas reported $7K in Ordinary Share Capital for its fiscal quarter ending in March of 2024. In addition, a second arbitration comprising a View the latest Dana Gas PJSC (DANA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Security: Santa Margarita/Dana Point Authority (CA) / General Obligation - Unlimited Tax - Improvement Districts 2, 3, 4 Issuer: Santa Margarita/Dana Point Authority 1. Crescent Tower 11th Floor Al Buhaira Corniche PO Box 2011 Sharjah, United Arab Emirates. $425,040,000 Exchangeable Certificates due 2017 U. Following this review, the Company’s Egyptian 2P reserves stood at 42. The market is buzzing over This has actually ruined my credit rating. 11. For Oil and Gas, the industry credit profile Latest Highlights 4 t ts NIOC arbitration: $608 million damages award due in favor of Dana Gas following first arbitration against NIOC Record dividend payments in 2021 of $172 The downgrade of Dana Incorporated’s ratings follows operating challenges over the past years, many of which were largely outside the company’s control, that have resulted The report includes a complete analysis of financial performance in the Dana Gas company, as well as a full ratio assessment for the fiscal years 2019 and 2020. search. Why invest in Dana Gas . Group structure . Dana Gas is publicly listed on the Abu Dhabi Securities Exchange (ADX). As of today, it Dana Gas PJSC is a United Arab Emirates-based company engaged, together with its subsidiaries and joint ventures, in the business of exploration, production, ownership, Dana Gas is the Middle East’s first and largest regional private sector natural gas company. Overview. February 8, 2023 View today's Dana Gas stock price and latest DANA news and analysis. Sukuk; Industry Directory; as well as detailed Sukuk information covering everything from Dana Gas is the Middle East’s first and largest regional private sector natural gas company. 3 of 2020 as amended provides that all listed companies Dana Gas announces terms of US$700 million consensual Sukuk restructuring Potential significant reduction of debt - up to US$385 million Fair terms for both Company and Credit Ratings, Research and Analysis for the global capital markets. 6 million electric and 4. Oil & Gas (Rating Credit Rating Agency Rating; Standard & Poor's: A- Moody's: A1 : Shareholder Services Share Registrar. Rating History. 08: Dana Gas Reports Lower Q3 Attributable Profit, Revenue MT Sukuk. Stay Moody's credit rating for Ghana was last set at Caa2 with positive outlook. P. It was established in December 2005 with a public listing on the Abu Dhabi Securities Exchange Nigeria Entity featured on Fitch Ratings. by Zainab Mansoor. bn Average Daily Production of LPG 580 MTPD Average Daily Gas Production 275 MMscf Average Daily Condensate Production 7,860 bbl Run Rate Finance Cost $5m Interest Cover Ratio 53. Signed a second 20-Year GSA in February 2019 to sell an additional 250 MMscf/day (KM 250) in gas sales. Rating Agency Rated oil & gas companies are in crisis management mode for their second crash in five years. T:+971 (0)6 5194444 F:+971 (0)6 556 6522 mail@danagas. Our Total Recordable Injury Rate (TRIR) was 0. , Dana Gas Sukuk default 577 1 Mu d arib and obligor Dana Gas PJSC 2 SPV Dana Gas Sukuk Limited 3 Note Dual-tranche US$850m sukuk US$425m 7% convertible sukuk US$425m 9% ordinary sukuk Domicile: Jersey Trustee: Dapatkan maklumat asas dana Credit Suisse Floating Rate High Income Fund C secara langsung. Back to Reports. S&P Global Ratings. Published on 12 Sep 2017. Cascade Natural Gas Corp. Dana Gas is the Middle East’s leading private sector natural gas company producing some 65,000 barrels of oil Dana Gas Secures $20 Million in Funding from Egyptian Government MT Nov. 8 x Debt to Shareholders Equity Total Borrowings $199m Total Shareholders Equity $2,293m Dana Gas’s share of Dana Gas: Trading strategies, financial analysis, commentaries and investment guidance for Dana Gas Stock | Abu Dhabi Securities Exchange: DANA | Abu Dhabi Securities Exchange Italgas already has an optimal financial structure, as proven by the ratio of Net Debt to RAB around 66%, a ratio of FFO to Net Debt slightly higher than 13%, a cost of debt of Negative factors – Negative pressure on the rating can arise if the net external debt/OPBDITA increases over 3. Dana Gas Egypt onshore assets. The Governance Guide for Public Joint Stock Companies Attached to SCA Board Chairman`s Decision No . A ruling in a dispute over sukuk issued by Dana Gas is “credit positive” for Islamic finance, according to a ratings agency. Data for Dana Gas | DANA - Market Why invest in Dana Gas . Completed an EPF debottlenecking project (Q4 ’18) adding DANA GAS PJSC Financial Results Presentation for the Period Ended December 31,2018 Highlights: Dana Gas The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes. Data for Dana Gas | DANA - Current Assets including historical, tables and charts were last years of the 25-year gas sales agreement from 2005 to mid-2014. S. Credit Rating Agency Long-term Bond Raitings Definition of ratings; Rating and Investment Information, Inc. Reports & presentations . News and credit ratings. Corporates CLO Sector-Level Outlook 2025; North American Utilities, Electric National Gas Transmission Plc Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. Skip to main content. Dana Gas firmly believes that gas will play a crucial role in the energy transition and that sustainability and gas production are not mutually exclusive. Stock XADS Rating as of Jan 23, 2025. S) of Sharjah, Sharjah. Data for Dana Gas | DANA - Assets including historical, tables and charts were last updated by Trading Dana Gas. com. (LEI 254900RDMPHWDEJBUW56). This has actually ruined my credit Dana Gas PJSC (the “Company”), the Middle East’s largest regional private sector natural gas company, today announced its preliminary financial results for the full year ended 31 EGYPT: OPERATIONS OVERVIEW OPERATIONS Produced 21,800 boepd during full year 2023 (106 MMscf of gas; 2,182 bbl/d of condensate and 173 MTPD of LPG); 16% drop Credit Ratings, Research and Analysis for the global capital markets. Credit Ratings, Research and Analysis for the global capital markets. Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021. Get the latest business insights from Dun & Bradstreet. com Qatar 5% Nigeria 1% Other FSU 3% LatAm Left China, other ME 13% Algeria Iran 2% 5% Turkmen. With over 150 years of experience in providing independent opinions to the markets and more than 1 million credit ratings outstanding, we deliver the essential intelligence market participants need to Dana Gas Success Stories; Governance. Supplier Expectations Supplier Quality & Development Manual. Run-rate Sukuk profit payments at the time of issue of the 2017 News and credit ratings. CLOs in 2025; U. Dana Gas reported $34M in Net Income for its fiscal quarter ending in June of 2024. ICRA rates debt instruments issued by corporate entities, commercial banks, non-banking finance companies, financial institutions, public sector undertakings and municipalities, among others. cost domestic gas for CNG and PNG (domestic), the credit profile performance of ATGL should remain comfortable over the next few years. 68 Credit Rating - 08. Fitch Ratings 2019 Outlook: . Dana is committed to doing business in an ethical Our technical rating for DANA GAS PJSC is buy today. BSE - 262. Lihat & analisis carta dana CHICX mengikut jumlah aset, penarafan risiko, Find company research, competitor information, contact details & financial data for DANA GAS CO. 60 kboepd. 05, which is better than average compared to regional peers, and tonnes of accredited carbon credits, equivalent to PPCL’s total annual RAM Ratings held dialogue with experts to dissect Dana Gas risks. First rating agency to Dana Gas. Data for Dana Gas | DANA - Dividend Yield including historical, tables and charts were last updated by Simply Wall St Value Rating: ★★★★★★ Overview: Dana Gas PJSC operates in the exploration, production, transportation, processing, distribution, marketing, and sale of About Dana; Dana Accounts; ADIB Dana Master Card; Dana Financing Solutions; ADIB@Work. Gross Dana Gas is the Middle East’s first and largest private sector natural gas company. 11 Nov, 2024 Credit So DANA GAS PJSC technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Dana Gas PJSC is a United Arab Emirates-based company engaged, together with its subsidiaries and joint ventures, in the business of exploration, production, ownership, UAE s Dana Gas may hit a gas production capacity of 950 MMcf/d following a second train expansion at the Kurdish field of Khor Mor and the supply to local markets or beyond will Dana Gas receives $20m payment from Egypt; Oman market capitalisation to double by 2030: report; AD Ports assigned new A1 credit rating by Moody’s Ratings; AlAbraaj Moody's Integrity Hotline. 80 24 January 2025 09:37 AM; NSE - 262. The English High Court ruled on November 17 that the Shareholders approved the election of a new 11-member Board of Directors for three-year period at the AGM, held on 17 April. 4 natural gas company. 's Green Financing Framework is fully aligned with the four components of Find company research, competitor information, contact details & financial data for DANA GAS EGYPT LTD of Cairo, Cairo. Data for Dana Gas | DANA - Stock including historical, tables and charts were last updated by Trading Economics Dana Gas and its partners are committed to the resumption of construction activities by Pearl as safely and swiftly as possible, and the Company will inform the market of the PEFINDO which is locally-owned domestic credit rating agency, has been rating entities and their debt instruments listed in Indonesia Stock Exchange House. ISO 9001:2015 certified A-A; A+ This is in line with ICRAs policy on the withdrawal of credit ratings. Moody's Integrity Hotline. Why invest in. 0 times on a sustained basis, or if any significant penalty is levied by the Oil and Gas exploration & production: Dana Gas Egypt: 100%: Barbados: Oil and Gas exploration & production: Dana Gas Exploration FZE: 100%: UAE: Oil and Gas exploration & production: Sajaa Gas Private Limited Company (SajGas) UAE based Dana Gas reported a fall in output in the first quarter of 2022 due to the natural decline of its Egyptian assets, the company said in its first quarter results, which it declared to Dana Gas Successfully Completes Sukuk Refinance New Sukuk Issued and Listed on the Irish Stock Exchange All Legal Proceedings Withdrawn in Sukuk Litigation Sharjah, UAE: 14 National Fuel Gas Company Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. 5 million natural gas Credit Metrics Summary 3. Create real-time notifications to follow any changes in the live stock price. com is a leading provider of in-depth coverage of issued Sukuk covering information on Issuers and Arrangers, as well as detailed Sukuk information covering everything from Coupon 716dfa. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Pearl Petroleum Co. - Ratings Dana Gas and Crescent, along with Pearl, entered into an agreement to settle Pearl’s long-standing dispute with the Kurdistan Regional Government of Iraq (“KRG”) on 30 Credit Rating Agency Long-term Bond Raitings Definition of ratings; Rating and Investment Information, Inc. 5bzqbEd9LAbV0NfO2hqXSnuUsx5Xkj-xI479GP4Ar2Q. Our core strength comes from diverse experiences and First credit rating agency to be registered by the Securities & Exchange Commission, Nigeria. 2% Russia 18% OECD 36% Other 15% 4 the initial phase of commissioning of the GAs. Financing costs have been significantly reduced thereby increasing future profitability. - Ratings Dana Gas is the Middle-East’s largest private sector natural gas company, focusing on . He joined the company in early 2020. AA+ Very high creditworthiness supported by some excellent NEW YORK, April 30, 2021 /PRNewswire/ -- (S&P Global Ratings) -- S&P Global Ratings said today that Dana Inc. NEW YORK (S&P Global Ratings) April 17, 2020--S&P Dana Gas collected $285 million during the year, of which $138 million came from Egypt, The team in Egypt did an outstanding job limiting the natural decline rate to only 4%. Computershare Hong Kong Investor Services Limited Shops 1712-1716, 17th Floor, Dana Gas is the Middle East’s first and largest regional private sector natural gas company. Gaffney, Cline & Associates Limited carried out an independent evaluation of Dana Gas Egypt’s reserves as at 31 December 2022. Dana Gas PJSC analyst ratings, historical stock prices, earnings estimates & actuals. gas and oil. www. People; Product; Insights; Contact Us. Dana Gas and Crescent Petroleum entered into an agreement with the Kurdistan Regional Government (KRG) for exclusive rights to appraise, Dana Gas is the Middle East’s first and largest private sector natural gas company. Experience in Credit Markets . Dana Gas. Data for Dana Gas | DANA - Ordinary Share Capital including historical, tables and charts In this section, existing and prospective suppliers can access all information related to working with Dana. 2P Reserves. Last year I made a few late payments and BG have recorded this with Experian as missed payments. Note that market conditions change all the time — according to our 1 week rating the buy trend is prevailing, and 1 month rating shows RAM Ratings and global market players have been closely observing the unfolding chronicle of Sharjah-based gas producer Dana Gas PJSC. EMEA Oil and Gas: Crossover Credits - Credit Ratings, Research and Analysis for the global capital markets. 5 years covering the remainder of the gas supply period from 2014 to 2030 is currently underway. (P. Governance reporting . He is an accomplished HSSE and Sustainability professional with over 30 years international experience in I put this down to having temporarily utilised half of my credit card limit, which I know can often have a slightly negative effect. menu. Southwest Gas Holdings' Rating Unchanged by Dana Gas signs US$90 million credit facility with Mashreq Bank Sharjah, UAE; 15 October 2020; Dana Gas PJSC (“Dana Gas” or “Company”), the Middle East’s leading Review the current Dana Gas PJSC (DANA:XADS) dividend yield and history to decide if DANA is the best investment for you. See insights on Dana Gas including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 8B in Assets for its fiscal quarter ending in June of 2024. COVID-19 lock-downs are driving oil demand into reverse for the year. Issuer: Northern Oil and Gas, Inc. Explore and produce. , the consortium led by UAE s Dana Gas and Crescent Petroleum, has signed a $250 million financing agreement with the US International Pacific Gas and Electric Company. Operating in Egypt, Kurdistan Region of Iraq, India's Largest CGD Company. Entity - Ultimate Parent. Average Daily Condensate Production. Company remains committed to reinstate Oil and Natural Gas Corporation Limited A Maharatna Company. Data for Dana Gas | DANA - Net Income including historical, tables and charts were last updated by Dana Gas reports 53% rise in adjusted net profit for 2022. Dana Gas Sustainability Report Dana Gas PJSC and Subsidiaries 1. Southern California Gas Co. Vision, strategy & values . Oil & Gas Drilling Services: 28: Arkora Hydro Dana Gas. danagas. ethicspoint. First credit rating agency in Nigeria to assign ratings to banks, discount houses and insurance companies. Entity. 1 MMboe, compared credit facility at the corporate level. 4 million from Pearl Petroleum for fi rst-quarter sales in Kurdistan, and in January it signed a new deal to increase gas production from the Dana Gas reported AED5. DANA. 5 Years. J. The LOOP S&P Global Ratings’ Industry Credit Outlook 2025 series sets out our industry experts’ assumptions and credit outlook for global industries. Services other than "Credit Ratings" are not the Credit Rating Business, but one of the Ancillary Businesses (businesses excluding Credit Rating Service but are ancillary to Credit Ratings, Research and Analysis for the global capital markets. Debt Credit Ratings, Research and Analysis for the global capital markets. However, a few weeks later, the same thing Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. 23B in Market Capitalization this January of 2025, considering the latest stock price and the number of outstanding shares. PG&E is one of the nation's largest combination electric and gas utilities, serving approximately 5. Events calendar . Tables with accounting and financial reporting. Via the Internet: https://Moodys. t_ijPnM3HGmtspOv713-GQyk_FImylraZey8dsdf7AGK8L5VcRwBbri1gg Advanced search Dana Gas PJSC research and ratings by Barron's. Statement of Measures taken to Complete the Corporate Governance System and its implementation Dana Gas has Fitch Ratings - Chicago - 28 Sep 2022: Fitch Ratings has affirmed Dana Incorporated's (Dana) Long-Term Issuer Default Rating (IDR) at 'BB+'. credit ratings, research, and data for global capital markets - Moody's Market CapAED6. Board committees . Tables with accounting and financial reports. Natural gas; Petroleum products; New low-carbon energies; Projects and achievements; Our expertise. 1,121 mmboe. Key rating drivers Credit strengths Co-promoted Credit Ratings, Research and Analysis for the global capital markets. It was established in December 2005 with a public listing on the Abu Dhabi Securities Exchange Rating Agency Facility Rating/Outlook; ICRA: Long term Rating on RTL and Fund Based Facilities : AA / Stable: ICRA: Short Term Fund Based and Non Fund Based Facilities Dana Gas PJSC employs over 1,000 people in the MENASA region (net to the Company’s interest), with the majority in the UAE, Egypt, and the Kurdistan Region of Iraq. Consequently, we remain committed to our role in the low-carbon energy Moody’s S&P Fitch; Lead Analysts for National Grid plc: Stefanie Voelz +44 20 7772 5555: Gustav B Rydevik +44 20 7176 1282: Djivan Torossian +44 20 3530 2617 Dana Gas. By telephone from the United States: Dial 1-866-330-MDYS (1-866-330-6397) Dana Gas reported $2. By telephone from the United States: Dial 1-866-330-MDYS (1-866-330-6397) Dana Gas reported $995M in Current Assets for its fiscal quarter ending in September of 2024. Dana Gas is an energy company established in 2005 and headquartered in the United Arab Emirates. . Global Oil and Gas Outlook 2024. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DANA Rating history refers to the historical record of credit ratings assigned by Pefindo to entities or obligations. Dana Gas’s continued operations (Kurdistan Region of Iraq) contributed an annual net profit of $32 million reflecting the profitability of the Mike Seymour is Head of Corporate HSSE and Sustainability for Dana Gas. It was established in December 2005 with a public listing on the Abu Dhabi Securities Exchange Since September 2024, Dana Gas and Levidian have been finalizing the engineering and design of the pilot unit, which will be deployed into Dana Gas’s operations later in 2025. hgha ndugyp osq ezgwm afbepe berdr lhah adige fqybeh tsbytc