Oando PLC (JSE:OAO)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc | Market Cap | 4.05B -49.5% |
| Revenue (ttm) | 41.84B -6.7% |
| Net Income | 2.50B -7.1% |
| EPS | 0.31 +44.4% |
| Shares Out | n/a |
| PE Ratio | 1.62 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | n/a |
| Open | 20.00 |
| Previous Close | 20.00 |
| Day's Range | 20.00 - 20.00 |
| 52-Week Range | 10.00 - 34.00 |
| Beta | -0.18 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 30, 2026 |
About Oando
Oando PLC, through its subsidiaries, provides energy solutions in Nigeria and internationally. The company operates through Exploration and Production; Supply and Trading; and Mining & Infrastructure Development segments. It explores and produces oil and gas; trades in crude, refined, and unrefined petroleum products; and explores for and mines solid minerals. The company also offers logistics, trading, aviation, and investment services. The company was formerly known as Unipetrol Nigeria PLC and changed its name to Oando PLC in December 2003. ... [Read more]
Financial Performance
In 2025, Oando's revenue was 3.18 trillion, a decrease of -22.18% compared to the previous year's 4.09 trillion. Earnings were 204.01 billion, a decrease of -9.27%.
Financial numbers in NGN Financial StatementsNews
Oando, community disagree over oil spill investigation result
The News Agency of Nigeria reports that the spill occurred on 25 June along Oando’s six-inch Azuzuama-Tebidaba flow line in the Southern Ijaw Local Government Area of Bayelsa. The post Oando, communit...
Oando awaits regulatory approvals for proposed N220.8 billion rights issue
Shares in the company climbed by 9.1 per cent to N47.5 per unit in Lagos but remained unchanged in Johannesburg, after the news went public. The post Oando awaits regulatory approvals for proposed N22...
Oando’s profit surges 164% to N210 billion in nine months
The performance was driven by stronger production volumes and operational efficiency. The post Oando’s profit surges 164% to N210 billion in nine months appeared first on Premium Times Nigeria .
Oando plans N500 billion share sale, other moves to address capital shortfall
On Monday, the company held an emergency general meeting to consider “the measures for addressing the diminution in capital of the company for the year ended 31st December 2024." The post Oando plans ...
Oando appoints Folasade Ibidapo-Obe as chief compliance officer, company secretary
She succeeds Ayotola Jagun, who previously served in the position. The post Oando appoints Folasade Ibidapo-Obe as chief compliance officer, company secretary appeared first on Premium Times Nigeria .
Oando achieves 63% production growth, posts ₦1.72trn revenue in H1 2025
The company maintained a profit-after tax of N63 billion, consistent with the result recorded in H1, 2024. The post Oando achieves 63% production growth, posts ₦1.72trn revenue in H1 2025 appeared fir...
Oando Achieves 63% production growth, posts ₦1.72 trillion revenue half year 2025
This year, Oando secured operatorship of Block KON 13 in Angola, marking its strategic entry into the Kwanza Basin and a significant step in expanding its upstream footprint in Africa. The post Oando ...
Oando announces revenue growth to ₦933b in Q1 2025 Financial Report
This performance comes in the wake of its recent release of its 2024 FY Audited Financial Statement, where it reported a 44% year-on-year revenue increase to ₦4.1 trillion The post Oando announces rev...
Oando upsizes reserve-based lending facility to $375m in strategic milestone
This newly secured capital injection will be strategically deployed to aggressively pursue key growth initiatives The post Oando upsizes reserve-based lending facility to $375m in strategic milestone ...
Nigeria’s stock market marks three-day growth, gains N224 billion
The upward trend was driven by strong buying interest in medium and large-capitalised stocks, including Oando. The post Nigeria’s stock market marks three-day growth, gains N224 billion appeared first...
Oando’s annual profit surges by 265% as higher oil sales boost revenue
Shares in Oando had appreciated by 6.8 per cent in Lagos as of 12:54 WAT, but had shed 4 per cent about the same time in Johannesburg, where it has a secondary listing following the news. The post Oan...
Oando selected as preferred bidder for lease of Guaracara Refinery in Trinidad & Tobago
“This award underscores Oando’s track record of reliability, innovation, infrastructure development and aligns with its Corporate Strategic Vision of expanding across the Caribbean region” The post Oa...
Oando set to redeem promise to shareholders, distributes N97.6bn worth of additional shares
Oando announces stock dividend of over one billion additional shares to shareholders as the Company's share price grew exponentially from N10.85 in January 2024 to N66 in December 2024, and at the end...
Oando reports 45% growth in revenue to N4.1trn in FY 2024 results
Oando posts strong financial performance, announces N65.5bn profit-after-tax in FY2024 results The post Oando reports 45% growth in revenue to N4.1trn in FY 2024 results appeared first on Premium Time...
Oando expands into Angola, wins operatorship of onshore oil block
Oando Energy Resources was awarded the operatorship to run the block in Onshore Kwanza Basin after a bidding process arranged by the Angolan National Agency for Petroleum, Gas and Biofuels. The post O...
Oando Wins Deal of the Year Award at Africa Energy Week 2024
Oando wins ‘Deal of the Year’ award at Africa Energy Week 2024
The Deal of the Year award “recognises the most transformative and impactful deal in the energy sector – honouring excellence in negotiation, strategic alignment, innovation and collaboration The post...
Oando delivers strong H1 2024 results, announces N2 trillion revenues
Oando resumes trading on Nigerian Stock Exchange, posts N62.6 billion profit-after-tax in H1 2024 results in a winning streak and phenomenal growth The post Oando delivers strong H1 2024 results, anno...
Oando records N60.3 billion profit after tax in 2023
Oando rebounds with 43 per cent increase in turnover in FYE 2023 audited financials, reaching N2.9 trillion compared to N1.9 trillion in 2022. The post Oando records N60.3 billion profit after tax in ...
Oando joins global energy contemporaries at African Energy Week 2024
Oando Plc’s Wale Tinubu leads high-level delegation to African Energy Week (AEW) 2024 holding in Cape Town, South Africa The post Oando joins global energy contemporaries at African Energy Week 2024 a...
Oando pledges support for NUPRC’s ‘One Million Barrels of Oil Per Day’ increment projection
Oando establishes situation room for daily report on productions, vows to partner government, other stakeholders to tackle security challenges in energy sector for sustainable growth The post Oando pl...
Oando PLC explains 100% divestment from downstream business
"On the 29th of November 2019, Oando completely exited from the OVH partnership when it transferred its remaining 5% shareholding in OVH Energy BV to Vitol and Helios." The post Oando PLC explains 100...
Nigeria Hopes New Upstream Deal Will Boost Its Oil Production to 2 Million Bpd
The latest upstream deal in Nigerias oil sector is expected to help boost crude production in the country to 2 million barrels per day (bpd) by the end of 2024, Heineken Lokpobiri, Nigerias Minister o...
Afreximbank Facilitates US$650-Million Financing for Oandos Acquisition of Nigerian Agip Oil Company Limited's (NAOCs) 20% Interest in Nigerian Joint Venture
Afreximbank Facilitates US$650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited's (NAOC’s) 20% Interest in Nigerian Joint Venture