Photo Credit : WAM
ADNOC Logistics & Services has upgraded its full-year 2026 financial guidance, citing stronger-than-expected performance in the second quarter and continued momentum across key business segments.
The Abu Dhabi-based energy logistics giant said the revised outlook reflects robust year-to-date results, particularly within its Shipping segment, where market conditions have remained strong. The company noted that the final outcome for the year will continue to depend heavily on regional market dynamics.
The upgraded guidance also takes into account improved performance in its Offshore Contracting business, driven by a steady rise in material handling volumes through its Integrated Logistics Services Platform (ILSP).
ADNOC L&S said the revised forecast factors in higher ILSP material handling activity while keeping its earlier assumptions intact for the Jack-Up Barge fleet, which remains a key component of its offshore operations.
Despite the improved earnings outlook, the company confirmed that its capital expenditure plans, leverage targets and dividend policy remain unchanged, staying aligned with its long-term capital allocation strategy.
The guidance update signals growing confidence in ADNOC L&S’s ability to maintain operational strength amid evolving energy market conditions and reinforces its position as a major player in regional shipping and offshore logistics.
The company is expected to release its second-quarter 2026 financial results on 11 August 2026.
