Abu Dhabi National Energy traded at 2.88 this Thursday February 5th, decreasing 0.03 or 1.03 percent since the previous trading session. Looking back, over the last four weeks, Abu Dhabi National Energy lost 11.11 percent. Over the last 12 months, its price fell by 7.69 percent. Looking ahead, we forecast Abu Dhabi National Energy to be priced at 2.81 by the end of this quarter and at 2.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
Abu Dhabi National Energy Company PJSC (TAQA) is an energy and water company primarily engaged in oil and gas exploration and production, pipelines, underground gas storage, power generation and water desalination. The Company is organized into five business segments: the Power and Water segment- the United Arab Emirates (UAE), which is engaged in the generation of electricity and production of desalinated water for supply in the UAE; the Power segment-Others, which is engaged in the generation of electricity in Morocco, India, Ghana, Saudi Arabia and United States; the Oil and Gas segment-North America, which is engaged in upstream and midstream oil and gas activities in Canada and the United States; the Oil and Gas segment-Europe, which is engaged in in upstream oil and gas activities in the United Kingdom, and upstream and midstream oil and gas activities in the Netherlands; Oil and Gas Segment - Atrush, which is engaged upstream oil and gas activities in Kurdistan, Iraq.