Oil and Natural Gas Corporation Limited (NSE:ONGC)
Market Cap | 3.06T |
Revenue (ttm) | 6.03T |
Net Income (ttm) | 390.12B |
Shares Out | 12.58B |
EPS (ttm) | 31.01 |
PE Ratio | 7.85 |
Forward PE | 7.01 |
Dividend | 13.50 (5.54%) |
Ex-Dividend Date | Feb 7, 2025 |
Volume | 12,890,237 |
Average Volume | 16,384,868 |
Open | 241.00 |
Previous Close | 241.22 |
Day's Range | 239.26 - 244.61 |
52-Week Range | 205.00 - 345.00 |
Beta | 0.40 |
RSI | 56.14 |
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 2023, NSE: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

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...
India’s ONGC Eyes 100-Fold Growth in Clean Energy Spend
India’s Oil and Natural Gas Corp. aims to boost its investment in new energy projects like wind and solar power 100 times over by the end of the decade to cut its carbon footprint.
Oil & Natural Gas Corp Ltd (BOM:500312) Q3 2025 Earnings Call Highlights: Strategic ...
Oil & Natural Gas Corp Ltd (BOM:500312) Q3 2025 Earnings Call Highlights: Strategic Partnerships and Green Energy Expansion Amidst Financial Challenges
Q3 2025 Oil and Natural Gas Corporation Ltd Earnings Call Transcript
Q3 2025 Oil and Natural Gas Corporation Ltd Earnings Call Transcript

CLSA on ONGC: Strong production outlook, retain ‘Outperform’ with target price of Rs 360
CLSA has reaffirmed its ‘Outperform’ rating on Oil and Natural Gas Corporation (ONGC) with a target price of Rs 360, identifying the company as a high-conviction pick in the energy sector. ONGC’s stan...

ONGC shares in focus: Jefferies maintains Buy, projects 43% upside post Q3 earnings
Oil and Natural Gas Corporation (ONGC) shares are in the spotlight following its Q3FY25 results, with Jefferies maintaining a Buy rating and a target price of ₹375, indicating a potential 43% upside f...
ONGC to begin drilling to explore hydrocarbons in Ballia dist
Lucknow: The Oil and Natural Gas Corporation (ONGC) will kickstart drilling for hydrocarbons near the Ganga river in UP's Ballia district from the sec.

ONGC reports Q3 results: Net profit declines 31.2% QoQ to Rs 8,240 crore, revenue at Rs 33,716.8 crore
Oil and Natural Gas Corporation Limited (ONGC) announced its Q3 FY25 results, reporting a sharp decline in net profit but a modest improvement in EBITDA and margins. The company’s net profit stood at ...

ONGC Stock: Kotak Institutional Equities upgrades ONGC to ‘Buy,’ sees 18.4% upside
Kotak Institutional Equities has upgraded Oil and Natural Gas Corporation (ONGC) from ‘Add’ to ‘Buy’ and hiked its target price (TP) to ₹315 from ₹285. At the current market price (CMP) of ₹265.99, th...