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 2019 Fuel retail market share Increase in net profit
76% 30 82% 5%
Decrease in cash opex Achieved record fuel sales Jet fuel volumes growth Regulated fuel product SPA signed with QP
7% 10,467 6% 5 Yrs
Improved lost time incident frequency New petrol stations in 2018
19% 32
Decrease in cash opex Achieved record fuel sales
13% 10 bn Liters
Fuel retail market share Increase in net profit
70% 20%
Jet fuel volumes growth Regulated fuel product SPA signed with QP
11% 5 Yrs
Currency QAR
Last Closing Price 16.83
Change (%) 0.60
Volume 577,172
Number of Shares 994,255,760
Market Cap 16,733,324,441
Key figures
2017
2018
2019
Consolidated Income Statement (QR Millions)
     
Revenue 17,372 23,155 22,446
Cost of sales -16,193 -22,001 -21,281
Gross profit 1,179 1,154 1,165
Net profit for the year (attributed to WOQOD shareholders) 964 1,160 1,216
       
Consolidated Balance Sheet (QR Millions)      
Total assets 12,431 13,775 12,653
Total equity 7,362 8,279 8,702
Total liabilities 5,069 5,496 3,951
       
Consolidated Cash Flow (QR Millions)      
Net cash from operating activities 2,239 1,699 753
Net cash used in investing activities -1,083 -780 -407
Net cash used in financing activities -730 -927 -897
Cash and cash equivalents at 31 December
3,172 3,164 2,613
       
Key indicators (QR)      
Basic earnings per share 0.97 1.17 1.22
Cash dividend per share
8 (QAR 0.8 post split)
8 (QAR 0.8 post split) QAR 0.8

Overview of WOQOD Group