Dubai Electricity and Water Authority

DEWA

AED001801011

Dubai Electricity and Water Authority PJSC is a United Arab Emirates-based utility services provider. The Company distributes electricity and water and serves residential and commercial customers in the United Arab Emirates. The principal activities of the Company comprise water desalination, and distribution and the generation, transmission, and distribution of the electricity throughout the emirates of Dubai. The Companyâs power generation and desalination stations include Jebel Ali Gas Power & Desalination Station E; Jebel Ali Gas Power & Desalination Station G; Jebel Ali Power & Desalination Station K; Jebel Ali Power Desalination Station L; Jebel Ali Power & Desalination Station M, and Jebel Ali Power and Desalination Complex, among others. The Companyâs subsidiaries include Al Ethihad Energy Services Company LLC, Jumeriah Energy International Holding LLC, and Mai Dubai LLC, among others.

Employees

11,206

Sector

Electric Utilities

Calendar

08/11/2024 - Q3 2024 Earnings Release (Projected)

More about the company

Income Statement and Estimates

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.420AED

Average target price

2.925AED

Spread / Average Target

+20.85%

Consensus

Profit revisions

Estimate revisions

Quarterly earnings, Rate of surprise

Company calendar

Market Closed - Dubai FM Other stock markets 04:27:52 12/09/2024 pm IST			5-day change	1st Jan Change
2.420 ^AED	+0.83%		+1.68%	-1.63%

23/08	Emirati Stocks End Week Mixed; Powell Speech Takes Center Stage	MT
16/08	UAE Shares Finish Trading Week Firmly in the Green	MT

Emirati Stocks End Week Mixed; Powell Speech Takes Center Stage	23/08	MT
UAE Shares Finish Trading Week Firmly in the Green	16/08	MT
Emirati Stocks Erase Gains Amid Rising Geopolitical Risks	13/08	MT
DEWA Adds 558 Distribution Substations in H1 Amid Rising Power Demand in Dubai	13/08	MT
Dubai Electricity and Water Authority Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	08/08	CI
DEWA Logs Lower H1 Attributable Profit; Revenue Up	08/08	MT
Dewa Resumes Trading on Dubai Bourse	08/08	MT
Dubai Electricity and Water Authority to Suspend Trading in Dubai	08/08	MT
DEWA Logs Increase in H1 Digital Transactions	02/08	MT
Dubai Electricity and Water Authority Issues 59,000 No Objection Certificates to Consultants, Contractors in H1	17/07	MT
Citi Cuts Dubai Electricity and Water Authority PT, Affirms Neutral Rating	02/07	MT
DEWA Bolsters Dubai’s Water Security with New Water Reservoir in Enkhali	21/06	MT
Dubai Electricity and Water Authority's Innovation Centre Begins Acceptance of Solar PV Training Applications	18/06	MT
Moody's Lifts DEWA's Rating on Strong Credit Metrics, Liquidity Profile	30/05	MT
Parkin, DEWA Sign MoU to Build EV Charging Stations	23/05	MT
DEWA Subsidiary to Collaborate With Oracle MySQL on Digital Infrastructure	17/05	MT
Veolia Gets $320 Million Contract for Hassyan Desalination Plant in Dubai	14/05	MT
Dubai Electricity and Water Authority Reports Earnings Results for the First Quarter Ended March 31, 2024	09/05	CI
Dubai Electricity and Water Authority Posts Lower Q1 Attributable Profit; Revenue Up	09/05	MT
Dubai Electricity And Water Authority Restarts Trading on Dubai Bourse	09/05	MT
DEWA to Pause Trading Amid Board Meeting	09/05	MT
DEWA Subsidiary Signs Cybersecurity Collaboration With Kaspersky	23/04	MT
DEWA, Acwa Power Report Financial Closing for AED3.4 Billion Dubai Project	17/04	MT
DEWA Shareholders Approve AED3.1 Billion Dividend for H2 2023	28/03	MT
Dubai Electricity And Water Authority to Resume Trading on Dubai Financial Market	28/03	MT

Dubai Electricity and Water Authority

Equities