Drab Quarter in a challenging environment
The Middle East’s largest regional private sector natural gas company, Dana Gas announced a Q2 2016 Net profit of US$7m, similar to the US$7m in Q2 2015. In the second quarter of 2016, Revenue was US$96m as compared to US$116m in Q2 2015. H1 2016 revenue decreased by 23% to US$178m. H2 2016 Net profit was US$13m compared to US$19m in H1 2015, namely a drop of 31.6%. Group production in Q2 2016 was 66,650 boepd, up 1% on Q2 2015.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.