Etihad Energy Holding
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- Bid
- 2.5519,188 shares
- Ask
- 2.58180,499 shares
- Spread
- 0.0301.17%
- Day range
- 2.52 - 2.60low 11:32 · high 10:25
- 52-week range
- 1.60 - 9.37
- Volume
- 7.60M0.38x 30-day average
- Avg volume (30D)
- 19.74M
- Traded value
- 19.60M356 trades
- Average price
- 2.55volume-weighted
- Issued shares
- 3.37B
- Free float (est.)
- 58.7%1.98B shares
Last DFM snapshot 16:17. Best bid and ask only; full market depth is not published.
About the company
Etihad Energy Holding PJSC ("Etihad Energy" or the "Company"), previously known as Gulf Navigation Holding PJSC, is a Dubai Financial Market-listed integrated energy infrastructure platform combining strategic energy storage assets, maritime logistics, shipping services and energy-related growth projects.
The Company was created following the strategic combination of Gulf Navigation and the energy infrastructure assets of Brooge Petroleum and Gas Investment Company FZE ("BPGIC"), bringing together maritime operations, energy storage infrastructure, and logistics capabilities under a single listed platform.
Through BPGIC, Etihad Energy operates strategically located energy storage and midstream infrastructure assets in Fujairah, one of the world's leading energy trading, bunkering and storage hubs. The platform provides storage, blending, handling and related midstream services to regional and international energy customers.
In addition, Etihad Energy owns and operates a diversified maritime fleet comprising chemical tankers, livestock carriers, well stimulation vessels and offshore support vessels, supported by a broad range of maritime services across regional and international markets.
The Company's operations are supported by internationally recognized quality, safety and environmental management systems, including ISO-certified frameworks and adherence to international maritime and operational standards. Etihad Energy's commitment to operational excellence is further reflected in the achievements of its legacy businesses, including BPGIC's recognition as the recipient of the Global Ports Forum Award for "Best Terminal in the Middle East" for three consecutive years and its reputation as one of Fujairah's leading independent storage operators.
Today, Etihad Energy is focused on building a scalable and diversified energy infrastructure platform, underpinned by strategic assets, operational excellence, and a commitment to delivering sustainable long-term value for shareholders and stakeholders.
Prices from DFM: 1D and 5D from snapshots every 5 minutes during the session, longer ranges from daily closes. Hover to read a price, click and drag to measure the change between two points.
Block trades
| Date | Price | vs close | Shares | Value (AED) | Deals |
|---|---|---|---|---|---|
| 29 Oct 2026 | 2.98 | +15.95% | 15,500,000 | 46.19M | 2 |
| 27 Oct 2026 | 2.96 | +13.85% | 15,500,000 | 45.88M | 2 |
| 23 Oct 2026 | 3.02 | +20.80% | 27,000,000 | 81.54M | 1 |
| 22 Oct 2026 | 2.63 | 0.00% | 19,176,000 | 50.43M | 1 |
| 21 Oct 2026 | 3.00 | +11.52% | 26,800,000 | 80.40M | 1 |
| 16 Oct 2026 | 3.00 | +4.90% | 16,350,000 | 49.05M | 2 |
| 16 Oct 2026 | 3.00 | +4.90% | 10,000,000 | 30.00M | 1 |
| 14 Oct 2026 | 3.00 | +2.04% | 16,350,000 | 49.05M | 2 |
| 9 Oct 2026 | 3.02 | +1.00% | 28,000,000 | 84.56M | 1 |
| 7 Oct 2026 | 3.00 | 0.00% | 28,000,000 | 84.00M | 1 |
| 5 Oct 2026 | 3.03 | +1.00% | 16,000,000 | 48.48M | 2 |
| 1 Oct 2026 | 3.01 | +0.33% | 16,000,000 | 48.16M | 2 |
| 28 Sep 2026 | 3.03 | +1.00% | 27,350,000 | 82.87M | 1 |
| 24 Sep 2026 | 3.01 | -0.33% | 27,350,000 | 82.32M | 1 |
| 22 Sep 2026 | 3.02 | 0.00% | 16,200,000 | 48.92M | 2 |
| 18 Sep 2026 | 3.00 | -0.33% | 16,200,000 | 48.60M | 2 |
| 15 Sep 2026 | 3.04 | +1.00% | 27,400,000 | 83.30M | 1 |
| 11 Sep 2026 | 3.02 | -0.66% | 27,400,000 | 82.75M | 1 |
| 9 Sep 2026 | 3.08 | +0.98% | 15,800,000 | 48.66M | 2 |
| 7 Sep 2026 | 3.06 | 0.00% | 15,800,000 | 48.35M | 2 |
| 7 Sep 2026 | 3.82 | +24.84% | 9,575,000 | 36.58M | 1 |
| 2 Sep 2026 | 3.15 | +3.28% | 28,100,000 | 88.52M | 1 |
| 31 Aug 2026 | 3.12 | +0.65% | 28,100,000 | 87.67M | 1 |
| 26 Aug 2026 | 3.05 | -0.97% | 15,600,000 | 47.58M | 2 |
| 24 Aug 2026 | 2.50 | -17.22% | 50,000,000 | 125.00M | 1 |
| 24 Aug 2026 | 3.03 | +0.33% | 5,600,000 | 16.97M | 1 |
| 21 Aug 2026 | 3.05 | +0.99% | 10,000,000 | 30.50M | 1 |
| 20 Aug 2026 | 3.05 | +0.66% | 62,702,000 | 191.24M | 2 |
| 19 Aug 2026 | 3.07 | +0.99% | 17,000,000 | 52.19M | 1 |
| 17 Aug 2026 | 3.05 | 0.00% | 17,000,000 | 51.85M | 1 |
Negotiated block trades (direct deals) reported by DFM. DFM publishes the day, price and size, not the time of day. Shown as circles on the price chart.
Year-end price history
Company overview
Etihad Energy Holding PJSC ("Etihad Energy" or the "Company"), previously known as Gulf Navigation Holding PJSC, is a Dubai Financial Market-listed integrated energy infrastructure platform combining strategic energy storage assets, maritime logistics, shipping services and energy-related growth projects.
The Company was created following the strategic combination of Gulf Navigation and the energy infrastructure assets of Brooge Petroleum and Gas Investment Company FZE ("BPGIC"), bringing together maritime operations, energy storage infrastructure, and logistics capabilities under a single listed platform.
Through BPGIC, Etihad Energy operates strategically located energy storage and midstream infrastructure assets in Fujairah, one of the world's leading energy trading, bunkering and storage hubs. The platform provides storage, blending, handling and related midstream services to regional and international energy customers.
In addition, Etihad Energy owns and operates a diversified maritime fleet comprising chemical tankers, livestock carriers, well stimulation vessels and offshore support vessels, supported by a broad range of maritime services across regional and international markets.
The Company's operations are supported by internationally recognized quality, safety and environmental management systems, including ISO-certified frameworks and adherence to international maritime and operational standards. Etihad Energy's commitment to operational excellence is further reflected in the achievements of its legacy businesses, including BPGIC's recognition as the recipient of the Global Ports Forum Award for "Best Terminal in the Middle East" for three consecutive years and its reputation as one of Fujairah's leading independent storage operators.
Today, Etihad Energy is focused on building a scalable and diversified energy infrastructure platform, underpinned by strategic assets, operational excellence, and a commitment to delivering sustainable long-term value for shareholders and stakeholders.
Key facts
- Full name
- Etihad Energy Holding P.J.S.C
- Sector
- Industrials
- Established
- 15 March 2003
- Listed on DFM
- 6 Feb 2007
- ISIN
- AEG000601019
- Fiscal year end
- DECEMBER
- Auditor
- Forvis Mazars Chartered Accounts L.L.C – Dubai Branch
- Share registrar
- National Bank of Abu Dhabi - NBAD
- Par value
- 1.00 AED
- Authorized capital
- 3,370,686,907 AED
- Issued shares
- 3,370,686,907
- Head office
- 39th Floor, API Trio Tower, Al Barsha 1 PO Box: 49651, Dubai, UAE
- Website
- etihadenergyholding.com ↗
- Investor relations
- investor.relations@etihadenergyholding.com
+9714 427 0104
Shariah screening
See DFM's Shari'a status and a screen using S&P's methodology, with the debt, cash and income ratios behind it.
Board of directors
- Mr. Suhail Suhail AlmazroueiCHAIRMAN
- Mr. Rasool Salman Dawood AlameriDEPUTY
- Mr. Khalifa Saif Jumaa Saif AlmehairbiMEMBERS
- Ms. Rudina Al HamzyeMEMBERS
- Mr. Kamal Mohammed S PharranMEMBERS
- Mr. Ali Mohammad AlabbarMEMBERS
Management
- Saif Ibrahim Ahmad AlhazaimehActing Chief Executive Officer
Subsidiaries
| Company | Country | Ownership |
|---|---|---|
| Gulf Navigation Maritime & Operations Management | UAE | 100.00% |
| Gulf Chemical Carriers Company LLC | UAE | 100.00% |
| Gulf Crude Carriers Company LLC | UAE | 100.00% |
| Gulf Jalmuda Corporation | Panama | 100.00% |
| Gulf Huwaylat Corporation | Panama | 100.00% |
| Gulf Fanatir Corporation | Panama | 100.00% |
| Gulf Deffi Corporation | Panama | 100.00% |
| Gulf Navigation Sukuk Limited | Panama | 100.00% |
| Gulf Nav Livestock Carriers 1 Ltd | Panama | 100.00% |
| Gulf Nav Livestock Carriers 2 Ltd | Panama | 100.00% |
| Gulf Navigation Polimar Maritime LLC | UAE | 100.00% |
| Black Marlin Ship Management & Operation LLC | UAE | 51.00% |
Source: DFM company profile, refreshed daily.
Who owns the shares
| Shareholder | Stake | Shares |
|---|---|---|
| BPGIC SPV LTD | 10.02% | 337,870,914 |
| اس فى اى هولدينجز اس بى في 1 ليمتد | 8.64% | 291,062,185 |
| B H M CAPITAL FINANCIAL SERVICES P.S.C | 8.20% | 276,261,499 |
| G STAR INVESTMENTS LTD | 7.46% | 251,315,045 |
| UNION HOLDIN LLC FZE | 6.95% | 234,353,749 |
| Free float (est.): holders under 5% | 58.74% | 1,979,840,369 |
DFM publishes every shareholder with 5% or more. Free float is estimated as the remaining shares, so it can be higher than the real tradable float if smaller strategic holders exist. As of 30 October 2026.
Foreign ownership
- UAE nationals 50.2%
- GCC 0.4%
- Foreign 49.4%
- Foreign limit
- 100.0%
- Held by foreigners
- 49.42%
- Room left for foreigners
- 50.58% 1.70B shares
Source: DFM, as of 30-10-2026.
Dividend calculator
Before a dividend is announced, choose an estimate. Once DFM publishes it, the announced amount is used automatically. Gross amount before any bank charges. Estimates only, not investment advice.
Dividend history
No DFM dividend records for this company since 2025.
Source: DFM dividend distribution records (2025 onwards). Yield uses the close before the ex-date.
Announcements
- General assemblyResolutions of General Assembly
- General assemblyInvitation of General Assembly
- BoardBOD meeting
- BoardBOD meeting
- BoardBOD meeting
- Press releasePress release
- DisclosureNotification from the company
- DisclosureNotification from the company
- DisclosureClarifying Disclosure
- General assemblyPostponing General Assembly
- Press releasePress release
Source: DFM disclosures. Times are Dubai time.
Income Statement
Values in AED · click any row to chart the metric, click again to collapse
| Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|
| Revenue | 67.1M | 71.3M | 109.8M | 94.7M |
| Cost of Revenue | -27.3M | -30.1M | -47.2M | -43.8M |
| Gross Profit | 39.8M | 41.2M | 62.6M | 50.9M |
| Other Operating Income | 282,000.00 | 141,000.00 | 343,000.00 | 106,000.00 |
| Other Operating Expenses | – | -73,000.00 | -1.7M | -1.1M |
| Selling, General & Admin | -10.7M | -10.9M | -13.1M | -11.9M |
| Depreciation & Amortization | 11.7M | 11.7M | 23.9M | 23.9M |
| Operating Income | 29.4M | 30.4M | 48.1M | 37.9M |
| EBITDA | 41.1M | 42.1M | 72.0M | 61.8M |
| Finance Income | 327,000.00 | 288,000.00 | 362,000.00 | 324,000.00 |
| Finance Costs | -22.3M | -21.8M | -29.4M | -28.4M |
| Other Income, Net | -8.3M | – | – | – |
| Pre-Tax Income | -807,000.00 | 8.9M | 19.1M | 9.8M |
| Income Tax Expense | – | – | 684,000.00 | 1.1M |
| Net Income | -807,000.00 | 8.9M | 19.8M | 10.9M |
| Net Income (Owners of Parent) | -807,000.00 | 8.9M | 19.8M | 10.9M |
| EPS (AED) | 0.00 | – | 0.01 | – |
Balance Sheet
Values in AED · click any row to chart the metric, click again to collapse
| Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|
| Cash & Equivalents | 112.7M | 48.6M | 49.1M |
| Trade & Other Receivables | 29.0M | 47.6M | 41.8M |
| Other Assets & Prepayments | 22.7M | 33.8M | 30.3M |
| Inventory | 11.9M | 12.3M | 12.3M |
| Other Financial Assets | 654,000.00 | 654,000.00 | 654,000.00 |
| Property, Plant & Equipment | 2.3B | 2.3B | 2.3B |
| Intangible Assets | 271.0M | 271.0M | 271.0M |
| Current Assets | 175.0M | 136.9M | 127.1M |
| Total Assets | 2.7B | 2.7B | 2.7B |
| Trade & Other Payables | 312.5M | 371.6M | 317.8M |
| Advances from Customers | 11.9M | 4.4M | 4.3M |
| Loans & Borrowings | 714.4M | 679.4M | 662.4M |
| Lease Liabilities | 378.1M | 385.3M | 393.1M |
| End-of-Service Benefits | 2.0M | 1.6M | 2.1M |
| Current Liabilities | 550.9M | 579.7M | 524.5M |
| Total Debt | 1.1B | 1.1B | 1.1B |
| Total Liabilities | 1.4B | 1.5B | 1.4B |
| Share Capital | 2.6B | 3.2B | 3.2B |
| Reserves | -1.3B | -2.0B | -1.9B |
| Retained Earnings | -20.4M | -634,000.00 | 10.3M |
| Equity (Owners of Parent) | 1.3B | 1.2B | 1.3B |
| Total Equity | 1.3B | 1.2B | 1.3B |
Cash Flow
Values in AED · click any row to chart the metric, click again to collapse
| Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|
| Operating Cash Flow | 46.3M | 29.4M | 34.5M | 56.1M |
| Investing Cash Flow | 13.6M | -27.8M | -23.1M | -11.4M |
| Capital Expenditure | -11.0M | -16.6M | -23.1M | -11.4M |
| Financing Cash Flow | -60.4M | -27.5M | -75.4M | -44.2M |
| Repayment of Borrowings | -26.1M | -364,000.00 | -46.5M | -27.3M |
| Lease Payments | -3.7M | -14.0M | -3.2M | -2.4M |
| Finance Costs Paid | -23.7M | -99,000.00 | -15.4M | -14.4M |
| Free Cash Flow | 35.2M | 12.8M | 11.4M | 44.7M |
| Cfx Borrowings Repayment | -26.1M | -364,000.00 | -46.5M | -27.3M |
| Cfx Capex | -11.0M | -16.6M | -23.1M | -11.4M |
| Cfx Cash Begin | 49.4M | 48.9M | 112.7M | 48.6M |
| Cfx Cash End | 48.9M | 22.9M | 48.6M | 49.1M |
| Cfx Decommissioning Unwind | 67,000.00 | 66,000.00 | 69,000.00 | 69,000.00 |
| Cfx Depreciation | 11.7M | 11.7M | 23.9M | 23.9M |
| Cfx Derivative Fv | 8.3M | 0.00 | 0.00 | 0.00 |
| Cfx Eosb Paid | 0.00 | 0.00 | -570,000.00 | 110,000.00 |
| Cfx Eosb Provision | 71,000.00 | 65,000.00 | 117,000.00 | 413,000.00 |
| Cfx Finance Income | -327,000.00 | -288,000.00 | -362,000.00 | -324,000.00 |
| Cfx Interest Borrowings | 14.5M | 13.9M | 26.3M | 25.1M |
| Cfx Interest Leases | 2.9M | 2.9M | 3.0M | 3.0M |
| Cfx Interest Litigation | 4.7M | 4.8M | 0.00 | 0.00 |
| Cfx Net Change | -487,000.00 | -26.0M | -64.1M | 538,000.00 |
| Cfx Profit Before Tax | -807,000.00 | 8.9M | 19.1M | 9.8M |
| Cfx Receivable Impairment | 0.00 | -73,000.00 | 1.7M | 1.1M |
| Cfx Related Parties | -6.9M | -13.1M | 0.00 | 0.00 |
| Cfx Restricted Cash | 24.6M | -11.2M | 0.00 | 0.00 |
| Cfx Transaction Costs | 0.00 | 0.00 | -10.4M | 0.00 |
| Cfx Wc Contract Liabilities | 1.8M | -736,000.00 | -7.4M | -149,000.00 |
| Cfx Wc Inventories | 215,000.00 | -106,000.00 | -339,000.00 | 2,000.00 |
| Cfx Wc Payables | 2.1M | -5.0M | -3.8M | -16.5M |
| Cfx Wc Receivables | 1.1M | -6.8M | -27.1M | 9.5M |
Revenue
Gross Profit
Operating Income
EBITDA
Net Income
EPS (AED)
Shares Outstanding
Total Assets
Cash & Equivalents
Long Term Debt
Total Liabilities
Total Equity
Profitability Margins
Gross Margin
Operating Margin
EBITDA Margin
Pre-Tax Margin
Net Margin
P/E
P/S Ratio
P/B
Price / FCF
Net Worth (Market Cap)
Current Ratio
Quick Ratio
Debt / Equity
ROE
ROA
ROI
Return on Tangible Equity
Dividend Yield
Employee Count
Market Information
- 2026-08-05 Q2 2026 Financial Results PDF ↓
- 2026-05-20 Q1 2026 Financial Results PDF ↓
- 2026-03-31 FY 2025 Financial Results PDF ↓
- 2025-11-14 Q3 2025 Financial Results PDF ↓
- 2025-08-14 Q2 2025 Financial Results PDF ↓
- 2025-05-14 Q1 2025 Financial Results PDF ↓
- 2025-03-27 FY 2024 Financial Results PDF ↓