Oil and Natural Gas Corporation Limited (NSE: ONGC)
Market Cap | 3.12T |
Revenue (ttm) | 6.04T |
Net Income (ttm) | 410.94B |
Shares Out | 12.58B |
EPS (ttm) | 32.67 |
PE Ratio | 7.59 |
Forward PE | 5.25 |
Dividend | 12.50 (4.99%) |
Ex-Dividend Date | Nov 19, 2024 |
Volume | 17,391,422 |
Open | 250.00 |
Previous Close | 250.65 |
Day's Range | 247.10 - 255.40 |
52-Week Range | 188.15 - 345.00 |
Beta | 0.63 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 12, 2024 |
About 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
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...
Nifty 50 top losers this week: Coal India, Oil And Natural Gas Corporation, Tata Motors and more
The Indian stock market’s three-week winning streak came to an end on Friday. The BSE Sensex and the Nifty 50 both closed Friday’s trading session in the red. The BSE Sensex dropped 1.25 percent to at...
Mazagon Dock Shipbuilders wins order worth Rs 1486 crore from Oil and Natural Gas Corporation Limited
Mazagon Dock Shipbuilders Limited (MDL) recently informed exchanges that the company received a Notification of Award of Contract on 05 September 2024 from Oil and Natural Gas Corporation Limited (ONG...
India’s Top Oil Explorer May Set Up Refinery in Uttar Pradesh
India’s Oil and Natural Gas Corp. is considering setting up a multibillion dollar refinery and petrochemical project in the nation’s most populous state to bolster its business as fuel demand expands.
ONGC shares surge 3% after company starts production from fifth oil well in KG Basin
Oil and Natural Gas Corporation (ONGC) shares surged nearly 3% on Monday after the company announced the commencement of production from its fifth oil well in the KG-DWN-98/2 Cluster-2 asset, located ...
Deep Industries secures ₹63 crore contract from ONGC
Deep Industries has been awarded a significant contract by Oil and Natural Gas Corporation Limited (ONGC). The company received a Letter of Award for providing services related to a skid-mounted modul...