emirates7 - Barclays Bank, a prominent global financial institution, has begun coverage of five ADNOC-listed companies, assigning each an “overweight” rating. This suggests the bank expects these stocks to outperform their industry peers over the next year and considers investing in ADNOC’s ecosystem a key strategic move for international investors.

The five firms—ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC Logistics & Services, and Fertiglobe—make up what Barclays described in its Initiating Coverage Report (released Friday) as a “diversified ecosystem” well-positioned to generate strong returns amid a rapidly evolving energy sector.

Barclays set price targets for each of the companies that, on average, were 35% above their share prices as of May 6, signaling strong confidence in their growth potential over the coming 12 months.

The bank praised the group’s high-quality assets, noting their readiness to scale alongside advances in artificial intelligence and other technologies. It also emphasized that each company offers a unique investment profile, balancing value with growth potential.

Barclays added that the five firms are leveraging ADNOC’s key strategic focuses—production expansion, decarbonization, and international growth—while providing investors with a compelling combination of high dividend yields, reliable cash flows, and exposure to emerging market dynamics.