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 2018 Fuel retail market share Increase in net profit
19% 32 70% 20%
Decrease in cash opex Achieved record fuel sales Jet fuel volumes growth Regulated fuel product SPA signed with QP
13% 10 bn Liters 11% 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 22.39
Change (%) 0.77
Volume 178,784
Number of Shares 994,255,760
Market Cap 22,261,386,466
Key figures
2016
2017
2018
Consolidated Income Statement (QR Millions)
     
Revenue 13,724 17,372 23,149
Cost of sales -12,570 -16,193 -22,001
Net profit 1,154 1,179 1,149
Net profit for the year (attributed to WOQOD shareholders) 883 964 1,160
       
Consolidated Balance Sheet (QR Millions)      
Total assets 11,340 12,431 13,775
Total equity 7,282 7,362 8,279
Total liabilities 4,057 5,069 5,496
       
Consolidated Cash Flow (QR Millions)      
Net cash from operating activities 2,049 2,239 1,699
Net cash used in investing activities -910 -1,083 -780
Net cash used in financing activities -793 -730 -927
Cash and cash equivalents at 31 December
2,747 3,172 3,164
       
Key indicators (QR)      
Basic earnings per share 8.88 9.70 11.67
Cash dividend per share 7.0 8.0 8.0

Overview of WOQOD Group