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 2020 Fuel retail market share Decrease in net profit
35% 12 85% 42%
Decrease in cash opex Fuel sales Jet fuel volumes growth Regulated fuel product SPA signed with QP
6% 8.2 Billion -33% 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 17.87
Change (%) -0.06
Volume 136,625
Number of Shares 994,255,760
Market Cap 17,767,350,431
Key figures
2018
2019
2020
Consolidated Income Statement (QR Millions)
     
Revenue 23,155 22,446 13,245
Cost of sales -22,001 -21,281 -12,549
Net profit 1,154 1,165 697
Net profit for the year (attributed to WOQOD shareholders) 1,160 1,216 707
       
Consolidated Balance Sheet (QR Millions)      
Total assets 13,775 12,653 11,835
Total equity 8,279 8,702 8,587
Total liabilities 5,496 3,951 3,248
       
Consolidated Cash Flow (QR Millions)      
Net cash from operating activities 1,699 753 -136
Net cash used in investing activities -780 -407 -56
Net cash used in financing activities -927 -897 -910
Cash and cash equivalents at 31 December
3,164 2,613 1,511
       
Key indicators (QR)      
Basic earnings per share 1.17 1.22 0.71
Cash dividend per share 8 (QAR 0.8 post split) 8 (QAR 0.8 post split) 0.46

Overview of WOQOD Group