# ADNOC Gas lifts profit outlook after beating earnings forecast

> ADNOC Gas raised its full-year profit outlook by at least 14% after third-quarter net income reached $1.3 billion, double its forecast, helped by high LNG prices. Gulf LNG exports recovered in October to their highest level since the US-Iran war began, while ADNOC Gas exports remained slightly below pre-conflict levels; the company is considering infrastructure to bypass Hormuz.

- Date: 2026-11-10 · published 2026-11-11T00:14:13.195Z
- Category: logistics · region United Arab Emirates · magnitude low
- Page: https://feedsoft.ai/events/92470-adnoc-gas-lifts-profit-outlook-after-beating-earnings-forecast
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Recovering Gulf exports may gradually ease tight LNG supply and price pressure, while continued constraints on ADNOC’s own flows and plans for alternative export infrastructure underline the importance of Hormuz access. Potential LNG oversupply in the early 2030s could weigh on prices over the longer term.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-06-15 | [Natural gas forecast: LNG terminal outage pressures US prices, bolsters EU prices \| IG Bank Switzerland](https://feedsoft.ai/events/6803-natural-gas-forecast-lng-terminal-outage-pressures-us-prices-bolsters-eu-prices.md) | -8.4% | -9.2% |
| NATGAS | 2022-06-14 | [Natural-Gas Prices Plunge After Extended Outage at Texas LNG Facility](https://feedsoft.ai/events/6800-natural-gas-prices-plunge-after-extended-outage-at-texas-lng-facility.md) | -23.8% | -24.1% |
| NATGAS | 2019-02-08 | [US LNG exports affected by Gulf Coast fog as milder weather moderates natural gas prices](https://feedsoft.ai/events/60785-us-lng-exports-affected-by-gulf-coast-fog-as-milder-weather-moderates-natural.md) | +0.2% | +11.5% |
| NATGAS | 2022-06-08 | [US Natural Gas Slumps After Fire at Texas LNG Export Terminal - Bloomberg](https://feedsoft.ai/events/41142-us-natural-gas-slumps-after-fire-at-texas-lng-export-terminal-bloomberg.md) | -20.0% | -34.8% |
| NATGAS | 2026-07-09 | [Natural Gas Prices Fall Most Since March on Pipeline, Export, Trading Shifts - Bloomberg](https://feedsoft.ai/events/8659-natural-gas-prices-fall-most-since-march-on-pipeline-export-trading-shifts.md) | -9.8% | -16.6% |

## Sources

- newskenya.net: https://www.newskenya.net/news/1096832-adnoc-gas-lifts-profit-outlook-after-beating-earnings-forecast

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.