Oil and Natural Gas Corporation Limited (NSE:ONGC)
Market Cap | 3.05T |
Revenue (ttm) | 6.63T |
Net Income (ttm) | 362.26B |
Shares Out | 12.58B |
EPS (ttm) | 28.80 |
PE Ratio | 8.43 |
Forward PE | 6.73 |
Dividend | 12.25 (5.01%) |
Ex-Dividend Date | Feb 7, 2025 |
Volume | 7,383,881 |
Average Volume | 11,508,174 |
Open | 244.64 |
Previous Close | 244.54 |
Day's Range | 241.30 - 245.34 |
52-Week Range | 205.00 - 345.00 |
Beta | 0.32 |
RSI | 49.33 |
Earnings Date | May 20, 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 2024, NSE:ONGC's revenue was 6.63 trillion, an increase of 12.14% compared to the previous year's 5.91 trillion. Earnings were 362.26 billion, a decrease of -26.40%.
Financial StatementsNews

ONGC-led JV resumes production from PY-3 Field in Cauvery Basin
A joint venture between Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration & Production (India) Inc., and Invenire Petrodyne Limited has resumed production from the PY-3 Field, located ...

Brokerages on ONGC Stock: Buy, sell or hold? [May 22]
Shares of Oil and Natural Gas Corporation (ONGC) remain in focus as global brokerages maintain a bullish stance on the stock, despite a sharp miss on Q4 profit due to elevated exploratory write-offs. ...

CLSA says it has a High-Conviction Outperform rating on ONGC after its Q4 results, bullish on production revival
Oil and Natural Gas Corporation (ONGC) reported a weaker-than-expected Q4FY25, with a sharp decline in profit largely attributed to elevated exploratory well expenses. While revenue and EBITDA held st...

Q4 Results Today, May 21: ONGC, IndusInd Bank, IRCON, NTPC Green, RVNL among companies reporting earnings
The fourth quarter earnings season is drawing to a close, with as many as 132 companies scheduled to announce their quarterly financial results on Wednesday. Key companies reporting today include Oil ...

Seamec awards $2.98 million diving contract to Adsun Offshore for ONGC projects
Seamec has awarded a Letter of Award dated 15th May 2025 to M/s. Adsun Offshore Diving Contractors Pvt. Ltd for providing specialized diving services onboard the vessel SEAMEC PRINCESS. This contract ...
ONGC shows interest in setting up waste treatment plant at Sonsoddo
Margao: The Oil and Natural Gas Corporation (ONGC) is exploring the possibility of establishing a waste treatment plant at the Sonsoddo dump yard thro.

Shell, Reliance and ONGC complete India’s first offshore facilities decommissioning project
India has completed its first offshore oil and gas facilities decommissioning project with the safe dismantling of installations in the Tapti gas fields. The project was carried out by the Panna-Mukta...
Job racket run using ONGC’s name busted
Ahmedabad: A fraud case involving fake job offers at the Oil and Natural Gas Corporation (ONGC) was uncovered on Thursday.

CLSA on oil & gas stocks: IGL, MGL face higher gas cost after allocation cut; ONGC to benefit from reclassification
Brokerage firm CLSA has flagged critical changes in the domestic gas allocation for city gas distributors, highlighting implications for Indraprastha Gas Ltd (IGL), Mahanagar Gas Ltd (MGL), and Oil an...

ONGC shares dip over 2% as crude oil prices hit four-year lows
Shares of Oil and Natural Gas Corporation (ONGC) fell more than 2% following a sharp decline in global crude oil benchmarks. Brent crude dropped nearly 4% to $63.21 per barrel, marking a four-year low...

ONGC shares drop over 7% today as crude prices hit four-year low
Shares of Oil and Natural Gas Corporation (ONGC) plunged 7.24% to ₹209.65 on Monday, April 7, in early trade as oil prices fell sharply due to Saudi price cuts and growing global recession fears trigg...

ONGC: Business Model, Earnings, Promoter Details and Shareholding Pattern
Oil and Natural Gas Corporation Limited (ONGC) is a cornerstone of India’s energy sector, playing a pivotal role in the exploration, production, and supply of oil and natural gas. As a state-owned ent...

Jindal Drilling receives arbitration award worth Rs 100.42 crore against ONGC
Jindal Drilling and Industries Limited are likely to be in focus after the company announced a favorable arbitration award against Oil and Natural Gas Corporation (ONGC). As per the company’s regulato...

ONGC shares drop nearly 4% as crude slumps over 6% after OPEC+ surprise output hike
Shares of Oil and Natural Gas Corporation (ONGC) fell sharply by 3.93% to ₹233.74 on Thursday, after OPEC+ announced a larger-than-expected increase in oil production starting May 2025. The stock had ...

Deep Industries takes charge of ONGC’s Rajahmundry Asset for production enhancement operations
Deep Industries Limited has officially taken over the charge of mature oil and gas fields at the Rajahmundry Asset for production enhancement operations, effective April 3, 2025. This follows the Lett...

ONGC shares rise over 2.5% as Jefferies maintains ‘Buy’ rating with Rs 375 target
Shares of Oil and Natural Gas Corporation (ONGC) surged 2.51% to ₹248.25 in Friday’s trade, gaining ₹6.08 from the previous close of ₹242.17. The stock moved in a range of ₹243.26 to ₹249.33 during ea...

Bullish on ONGC: Jefferies sees 14% EPS CAGR, expects 10-12% production growth; sets target at Rs 375, implying strong upside
Jefferies has reiterated its ‘Buy’ rating on Oil and Natural Gas Corporation (ONGC), assigning a target price of ₹375, implying significant upside potential from the current market levels. Following a...
ONGC starts another survey to study shifting of gas pipeline
Surat: Hopes for the extension of the runway at Surat International Airport have been rekindled with the Oil and Natural Gas Corporation (ONGC) initia.

ONGC to invest Rs 3,300 crore in subsidiary ONGC Green through rights issue
Oil and Natural Gas Corporation (ONGC) announced today that its Board of Directors has approved a significant investment in its wholly-owned subsidiary, ONGC Green Limited (OGL). The company will infu...
India’s Top Oil and Gas Explorer Prepares for a Looming Glut
India’s largest explorer Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the stat...

IOC, Reliance, ONGC, BPCL and HPCL shares in focus amid Trump’s threat for 25% tariff on buying oil from Venezuela
Indian oil companies, including Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), Oil and Natural Gas Corporation (ONGC), and R...

ONGC Green completes Rs 925 crore acquisition of PTC Energy
Oil and Natural Gas Corporation (ONGC) has made a significant move in its renewable energy ambitions by completing the acquisition of PTC Energy Limited (PEL) for ₹925 crore through its wholly-owned s...

SOCAR, ONGC and MRPL sign tripartite MoU to boost energy cooperation
The State Oil Company of the Azerbaijan Republic (SOCAR), Oil & Natural Gas Corporation (ONGC), and Mangalore Refinery & Petrochemicals Limited (MRPL) have signed a Tripartite Memorandum of Understand...

Tata Power Renewable Energy and ONGC join forces to explore opportunities in Battery Energy Storage System
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power and a key player in India’s renewable energy sector, has signed a non-binding Memorandum of Understanding (MoU) with Oil and Nat...

ONGC to acquire 100% stake in Ayana Renewable Power for Rs 19,500 crore
Oil and Natural Gas Corporation (ONGC) has signed a Share Purchase Agreement (SPA) to acquire a 100% equity stake in Ayana Renewable Power Private Limited, a 4.1 GW renewable energy platform, for an e...