Oando PLC (NGX:OANDO)

Nigeria flag Nigeria · Delayed Price · Currency is NGN
58.05
+5.25 (9.94%)
At close: Feb 28, 2025
471.70%
Market Cap 781.78B
Revenue (ttm) 4.12T
Net Income (ttm) 65.18B
Shares Out 13.47B
EPS (ttm) 4.84
PE Ratio 11.99
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,089,723
Average Volume 7,823,089
Open 56.30
Previous Close 52.80
Day's Range 56.00 - 58.05
52-Week Range 7.66 - 90.83
Beta 0.14
RSI 45.58
Earnings Date May 30, 2025

About Oando

Oando PLC, through its subsidiaries, provides integrated energy solutions in Nigeria and internationally. The company operates through Exploration and Production, and Supply and Trading segments. It explores and produces oil and gas; and trades in crude refined and unrefined petroleum products. Oando PLC was formerly known as Unipetrol Nigeria Plc and changed its name to Oando PLC in December 2003. The company was founded in 1956 and is headquartered in Lagos, Nigeria. Oando PLC is a subsidiary of Ocean and Oil Development Partners Limited. [Read more]

Industry Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals
Founded 1956
Employees 161
Stock Exchange Nigerian Stock Exchange
Ticker Symbol OANDO
Full Company Profile

Financial Performance

In 2024, Oando's revenue was 4.12 trillion, an increase of 44.86% compared to the previous year's 2.85 trillion. Earnings were 65.18 billion, an increase of 5.13%.

Financial Statements

News

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...

22 days ago - Premium Times Nigeria

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...

27 days ago - Premium Times Nigeria

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...

5 weeks ago - Premium Times Nigeria

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...

4 months ago - Premium Times Nigeria

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...

4 months ago - Premium Times Nigeria

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 ...

4 months ago - Premium Times Nigeria

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...

4 months ago - Premium Times Nigeria

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...

4 months ago - Premium Times Nigeria

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...

6 months ago - Premium Times Nigeria

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...

6 months ago - OilPrice com

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

6 months ago - Zawya

Of OVH and NNPC retail: An impartial consideration, By Femi Awoyemi

Proshare’s Economic and Market Intelligence Unit (EMI) represents that Oando completed its acquisition of 100 per cent of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Ita...

6 months ago - Premium Times Nigeria

Oando completes $783 million purchase of Nigerian Agip Oil Company

Oando, which is listed in Lagos as well as in Johannesburg, considers the acquisition as a cornerstone of its long-term strategy to scale its upstream operations and beef up its position in the Nigeri...

6 months ago - Premium Times Nigeria

Oando Plc completes $783m acquisition of Eni’s subsidiary, Nigerian Agip Oil Company

This acquisition is a significant milestone in Oando's long-term strategy to expand its upstream operations and strengthen its position in the Nigerian oil and gas sector The post Oando Plc completes ...

6 months ago - Premium Times Nigeria

Nigeria’s stock market rebounds, gains N66 billion

Investor interest in leading stocks such as Seplat, Oando, and StanbicIBTC contributed to the market’s upward trajectory. The post Nigeria’s stock market rebounds, gains N66 billion appeared first on ...

6 months ago - Premium Times Nigeria