The Iraq energy sector update shows Dana Gas’ revenue dropped 22 percent in 2025. The Iraq energy sector update also highlights profit decline and lower earnings performance. Moreover, the Iraq energy sector update reflects steady operations despite financial pressure.
Dana Gas reported weaker financial results for 2025. The company operates in key markets, including Iraq and Egypt.
First, annual revenue fell to 348 million dollars from 445 million dollars. This change marked a 22 percent decline. As a result, the company faced lower income during the year.
Next, net profit also dropped by 14 percent. It reached 130 million dollars compared to higher results in the previous year. Therefore, overall profitability weakened.
In addition, EBITDA declined by 18 percent. It fell to 215 million dollars from 263 million dollars. This drop reflects lower operational earnings.
Meanwhile, total assets decreased slightly to 2.86 billion dollars. They stood at 2.95 billion dollars earlier. However, shareholder equity remained stable at 2.5 billion dollars.
Earnings per share reached 6.8 UAE fils, equal to about 0.0185 dollars. This figure shows reduced returns for investors compared to earlier performance.
Despite these declines, the company maintained strong cash flow from core operations. It collected 204 million dollars from the Kurdistan Region. It also secured 99 million dollars from Egypt.
In Iraq, Dana Gas operates through Pearl Petroleum. The company manages key gas fields, including Khor Mor and Chamchamal in Sulaymaniyah province.
Furthermore, these assets continue to support production stability. They also generate a steady income despite broader financial challenges.
Overall, the results show mixed performance. Revenue and profit declined, yet operations remained stable. Therefore, the company continues to rely on its core energy assets.
In conclusion, the Iraq energy sector update shows Dana Gas facing financial pressure in 2025. However, steady production and cash flow help maintain stability.