StocksMedium•12 November 2026•
1 min read
ADNOC L&S Raises 2026 Profit Guidance and Announces $7bn Fleet Expansion
Key Facts
1ADNOC L&S reported a 321% year-on-year surge in Q3 net profit to $887 million.
2The company raised its full-year 2026 net profit guidance to approximately $4 billion, supported by fleet expansion plans.
3The company plans a $7 billion fleet expansion to bolster shipping and logistics capabilities.
ADNOC L&S reported a 321% year-on-year surge in Q3 net profit to $887 million. TradingView reported that the company raised its full-year 2026 net profit guidance to approximately $4 billion, supported by fleet expansion plans and increased shipping activity.
The company plans a $7 billion fleet expansion to bolster shipping and logistics capabilities, driven by higher charter rates. This growth follows 9M revenue reaching $6.957 billion and net profit for the same period hitting $2.060 billion, according to data released on November 12, 2026.