Proud to host OQGN at our conference in Abu Dhabi last week, where we deep-dived into one of the region’s most compelling infrastructure plays
We were proud to host OQGN at our conference in Abu Dhabi last week, where we deep-dived into one of the region’s most compelling infrastructure plays.
BUY rating reiterated:
* Target price raised to OMR 0.200 – implying +35% upside
* 7.6% dividend yield with 12.5x P/E and EV/RAB of 0.9x
* Long-term concession through FY2070
* Positioned for sustained FCF, payout, and earnings growth
With Oman’s expected emerging market inclusion by 2027, we see meaningful upside from greater institutional participation.
A rare blend of value, yield, and long-term growth in a regulated asset class.