Market: Qatar
Symbol: QFLS
ISIN: QA0001200771

Qatar Fuel (WOQOD) is a downstream oil storage, distribution and marketing company, formed in 2002 as a joint stock company listed on the Qatar Exchange.

Qatar Fuel (WOQOD) is exclusively responsible for the distribution of fuel needs within Qatar. This includes diesel, gasoline and aviation fuel. The company also trades in bunker fuels, ship-to-ship bunkering within Qatari waters, bitumen importation and distribution, LPG, and own-branded-lubricants. In addition, it builds modern branded service stations across Qatar.

WOQOD Subsidiaries: Qatar Jet Fuel Company (Q-JET), WOQOD Vehicle Inspection (FAHES), WOQOD Marine Services and WOQOD International for Foreign Investment.

Improved lost time incident frequency New petrol stations in 2021 Fuel retail market share Increase in net profit
24.6% 3 85% 38%
Decrease in cash opex Fuel sales Jet fuel volumes growth Regulated fuel product SPA signed with QP
2% 9.1 Billion 15% 5 Yrs
Improved lost time incident frequency New petrol stations in 2021
24.6% 3
Decrease in cash opex Fuel sales
2% 9.1 Billion
Fuel retail market share Increase in net profit
85% 38%
Jet fuel volumes growth Regulated fuel product SPA signed with QP
15% 5 Yrs
Currency QAR
Last Closing Price 18.15
Change (%) 1.34
Volume 640,015
Number of Shares 994,255,760
Market Cap 18,045,742,044
Key figures
2019
2020
2021
Consolidated Income Statement (QR Millions)
     
Revenue 22,446 13,245 19,532
Cost of sales -21,281 -12,549 18,597
Net profit 1,165 697 1,002
Net profit for the year (attributed to WOQOD shareholders) 1,216 707 974
       
Consolidated Balance Sheet (QR Millions)      
Total assets 12,653 11,835 13,308
Total equity 8,702 8,587 9,178
Total liabilities 3,951 3,248 4,130
       
Consolidated Cash Flow (QR Millions)      
Net cash from operating activities 753 -129 1,457
Net cash used in investing activities -407 -56 -1,080
Net cash used in financing activities -897 -917 -552
Cash and cash equivalents at 31 December
2,613 1,511 1,335
       
Key indicators (QR)      
Basic earnings per share 1.22 0.71 0.98
Cash dividend per share 8 (QAR 0.8 post split) 0.46 0.76

Overview of WOQOD Group