Etihad Energy reported Q1 2026 revenue of AED 109.7 million (up 325% from Q1 2025) and a net profit of AED 19.8 million, marking a turnaround from a net loss of AED 6.9 million in the prior year period.
The results represent the first full quarterly performance following the November 2025 acquisition of Brooge Energy and the company's rebranding from Gulf Navigation Holding PJSC.
Shareholders approved the corporate name change to Etihad Energy Holding PJSC on April 24, 2026, with a change to the Dubai Financial Market trading symbol expected in the coming weeks.
The Group is advancing its Phase III expansion to add 1.09 million cubic meters of storage capacity, with revenues from this project expected to commence in approximately 18 months.