Oil and Natural Gas Corporation Limited (NSE: ONGC)
Market Cap | 2.98T |
Revenue (ttm) | 6.04T |
Net Income (ttm) | 410.94B |
Shares Out | 12.58B |
EPS (ttm) | 32.67 |
PE Ratio | 7.26 |
Forward PE | n/a |
Dividend | 12.50 (5.27%) |
Ex-Dividend Date | Nov 19, 2024 |
Volume | 15,547,713 |
Open | 241.50 |
Previous Close | 241.85 |
Day's Range | 235.30 - 244.15 |
52-Week Range | 201.80 - 345.00 |
Beta | 0.63 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 10, 2025 |
About NSE: ONGC
Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in India and internationally. It operates through Exploration and Production, and Refining & Marketing segments. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, naphtha, ethane/propane, butane, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, ... [Read more]
Financial Performance
In 2023, ONGC's revenue was 5.91 trillion, a decrease of -6.46% compared to the previous year's 6.32 trillion. Earnings were 492.21 billion, an increase of 34.08%.
Financial StatementsNews
Pawan Hans secures Rs 2,000 crore ONGC contract to deploy indigenous Dhruv NG helicopters for offshore operations
State-owned Pawan Hans Limited (PHL) has secured a significant ₹2,141 crore global contract from Oil and Natural Gas Corporation (ONGC) to deploy four ‘Make-in-India’ Dhruv NG helicopters for offshore...
Alphageo shares surge 14% on securing major ONGC contracts
Alphageo shares jumped more than 14% after the company bagged two significant contracts from Oil and Natural Gas Corporation Limited (ONGC). Key Details of the Contracts: Sector 1 – Chhattisgarh: Valu...
ONGC shares in focus on dividend recovery of Rs 8,000 crore
Oil and Natural Gas Corporation (ONGC), India’s largest state-run oil and gas explorer, is gaining attention as its subsidiary ONGC Videsh may expedite the recovery of $1 billion (approximately Rs 8,0...
RBM Infracon signs Rs 3498 crore ONGC contract for oil and gas extraction at Nandej oil field
RBM Infracon Limited, a prominent industrial services provider specializing in EPC contracts and advanced solutions for mechanical and rotary equipment, has officially executed its contract with Oil a...
ONGC’s market cap rises by Rs. 15,463 crore as shares gain 5.01%
Shares of Oil & Natural Gas Corporation (ONGC) surged by 5.01% to Rs. 257.90 during today’s trading session. This upward movement added approximately Rs. 15,463 crore to its market capitalization, whi...
NTPC shares rise as company announces joint venture for green energy projects; pays Rs 2,424 crore interim dividend
Shares of NTPC gained momentum in early trading on Tuesday after the company announced the incorporation of “ONGC NTPC Green Private Limited (ONGPL),” a 50:50 joint venture between NTPC Green Energy L...
NTPC and ONGC form strategic joint venture for renewable energy projects
NTPC Limited, India’s largest power utility, has joined hands with Oil and Natural Gas Corporation (ONGC) to create a new 50:50 joint venture (JV) called ONGC NTPC Green Pvt Ltd. The two companies hav...
Seamec announces redeployment of vessel ‘SEAMEC II’ after repairs
Seamec Limited, a leading provider of marine services, has officially announced that its vessel, ‘SEAMEC II’, has completed its repairs and is now back on hire with Oil and Natural Gas Corporation (ON...
Oil & Natural Gas Corp Ltd (BOM:500312) Q2 FY25 Earnings Call Highlights: Strong Net Profit ...
Oil & Natural Gas Corp Ltd (BOM:500312) Q2 FY25 Earnings Call Highlights: Strong Net Profit Growth Amid Revenue Challenges
ONGC shares surge nearly 2% as Q2 net profit rises 17% amid lower windfall tax
Shares of ONGC surged nearly 2% today on strong Q2 FY25 performance with 17% growth in net profit – State-owned Oil and Natural Gas Corporation (ONGC) reported a strong second-quarter financial perfor...
ONGC Q2 FY25 Results: Net profit surges 34% to Rs 11,984 crore QoQ, revenue jumps 7.4%
Oil and Natural Gas Corporation Limited (ONGC) has posted robust financial performance for the second quarter of FY25, with significant sequential growth in both revenue and profitability. The company...
ONGC Q2 FY25 results: Stock drops 2% ahead of result announcement
Shares of Oil and Natural Gas Corporation (ONGC) saw a decline of over 2% today, as the market anticipates the company’s upcoming Q2 FY25 results. The stock opened at ₹262.35, with a high of ₹262.35 a...
ONGC’s market cap falls by ₹11,546 crore as shares decline 3.50%
Oil & Natural Gas Corporation Limited (ONGC) witnessed a decline in its market capitalization as shares dropped by 3.50%, trading at ₹262.25 on the NSE, down from the previous close of ₹271.75. This d...
Indias State Firm HPCL Set to Launch LNG Import Terminal
Indian state-owned Hindustan Petroleum Corporation Limited (HPCL) aims to commission its new LNG import terminal, Indias sixth, in December and January, and is holding talks with potential suppliers o...
ONGC increases stake in ONGC Petro Additions (OPaL) to 94.04%
Oil and Natural Gas Corporation Limited (ONGC) has increased its equity shareholding in ONGC Petro Additions Ltd. (OPaL) from 91.16% to 94.04%. This follows the subscription of 5,59,47,96,935 equity s...
ONGC shares surge over 2% as crude prices rises
Shares of Oil and Natural Gas Corporation (ONGC) jumped more than 2% in early trading on the NSE. The stock opened at ₹297.00 and hit a high of ₹299.70, reflecting strong investor sentiment. This upti...
Indias Crude Oil Output Fell in August
Indias crude oil production in August fell by 3.4% on the year to 2.4 million metric tons, equal to some 17.6 million barrels. Fuel production was also down, more modestly, the Economic Times reported...
ONGC shares surge 2% after signing Non-Associated Gas deal in Azeri-Chirag-Deepwater Gunashli, Azerbaijan
ONGC shares jumped more than 2% in morning trade after the company signed a Non-Associated Gas deal in Azeri-Chirag-Deepwater Gunashli, Azerbaijan. ONGC Videsh, along with partners such as the State O...
ONGC Videsh signs key agreement for Non-Associated Gas development in Azerbaijan’s ACG field
ONGC Videsh, together with partners including the State Oil Company of Azerbaijan (SOCAR), bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, has signed an important addendum to the existing Produ...
HSBC turns negative on ONGC, downgrades stock to Reduce
HSBC has downgraded its rating on Oil and Natural Gas Corporation (ONGC) to 'Reduce,' setting a target price of ₹235.
Nifty 50 top losers this week: Oil And Natural Gas Corporation, Tata Motor and more
Indian benchmark indices saw a lower close on Friday, with trade remaining range-bound throughout the day. The Nifty50 closed at 25,356.50, down 32.40, or 0.13%, while the S&P BSE Sensex closed at 82,...
ONGC Videsh, Oil India, and KABIL sign MoU for global cooperation in critical mineral supply chain
ONGC Videsh, Oil India Ltd. (OIL), and Khanij Bidesh India Ltd. (KABIL) have signed a Memorandum of Understanding (MoU) with International Resources Holding RSC Ltd. (IRH), UAE, to collaborate on crit...
Deep Industries stock surges 12% after getting orders worth Rs 1,402 crore from ONGC
Shares of Deep Industries surged by more than 12% in the morning trade after the company won orders worth Rs 1,402 crore from ONGC. Deep Industries has informed the exchanges that it got a Letter of A...
RBM Infracon stock surges 5% after securing ₹3,498 crore order from ONGC
As of 9:25 AM today, RBM Infracon Limited (RBMINFRA) is trading at ₹800.50, up ₹38.10 or 5% from the previous close. The surge in stock price comes after the company announced that it has secured a si...
Deep Industries secures orders worth Rs 1,402 crore from ONGC
Deep Industries has recently informed the exchanges that it received a Letter of Award from Oil and Natural Gas Corporation Limited for production enhancement operations in mature fields at Rajahmundr...