Oil and Natural Gas Corporation Limited (NSE: ONGC)

India flag India · Delayed Price · Currency is INR
248.00
-2.65 (-1.06%)
Nov 19, 2024, 3:29 PM IST
26.31%
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]

Sector Energy
Founded 1993
Employees 25,847
Stock Exchange National Stock Exchange of India
Ticker Symbol ONGC
Full Company Profile

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 Statements

News

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...

23 hours ago - Business Upturn

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...

1 day ago - Business Upturn

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...

1 day ago - Business Upturn

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

6 days ago - GuruFocus

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...

7 days ago - Business Upturn

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...

8 days ago - Business Upturn

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...

8 days ago - Business Upturn

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...

15 days ago - Business Upturn

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...

4 weeks ago - OilPrice com

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...

5 weeks ago - Business Upturn

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...

6 weeks ago - Business Upturn

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...

2 months ago - OilPrice com

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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.

2 months ago - Business Upturn

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,...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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.

2 months ago - BNN Bloomberg

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 ...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn