Petronet LNG Limited (NSE: PETRONET)
Market Cap | 504.68B |
Revenue (ttm) | 549.80B |
Net Income (ttm) | 39.54B |
Shares Out | 1.50B |
EPS (ttm) | 26.35 |
PE Ratio | 12.77 |
Forward PE | 12.73 |
Dividend | 10.00 (2.97%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 4,845,783 |
Open | 334.75 |
Previous Close | 334.75 |
Day's Range | 333.40 - 343.65 |
52-Week Range | 212.50 - 384.20 |
Beta | 0.54 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 14, 2025 |
About Petronet LNG
Petronet LNG Limited engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India. It owns and operates a LNG import and regasification terminal with name plate capacity of 17.5 MMTPA located in Dahej, Gujarat; and a LNG terminal with name plate capacity of 5 MMTPA located in Kochi, Kerala. The company serves oil and gas entities, gas aggregators, petrochemical entities, city gas distribution entities, refineries, fertilizer and power generating entities, and other industrial entities. Petronet LNG Limited ... [Read more]
Financial Performance
In 2023, Petronet LNG's revenue was 527.29 billion, a decrease of -11.97% compared to the previous year's 598.99 billion. Earnings were 36.52 billion, an increase of 9.82%.
Financial StatementsNews
Petronet LNG shares surge today after UBS upgrades stock to Buy, raises target price
Shares of Petronet LNG Ltd. traded higher today, gaining 1.77% to reach ₹339.00 as of 9:39 a.m. IST, following an upbeat assessment by brokerage firm UBS.
UBS upgrades Petronet LNG to ‘Buy’, Hikes target price to Rs 400
UBS has upgraded Petronet LNG from Neutral to Buy, raising the target price to ₹400 from ₹320, citing the company’s strategic positioning as a beneficiary of India’s increasing dependence on liquefied...
Global gas liquefaction capacity likely to reach 700 mil mt/year by 2030: Petronet
Global gas liquefaction capacity is expected to grow to about 700 million mt/year by 2030 to meet increased demand for the fuel as some countries such as India raise their reliance on LNG to meet thei...
Stocks in focus after Q2 results today: ITC, UBL, Dixon Tech, IEX shine while NTPC, IndusInd Bank, Petronet LNG, MGL disappoint
The Q2 earnings season has delivered a mix of strong performances and disappointments across sectors, with companies such as ITC, United Breweries (UBL), and Dixon Technologies delivering better-than-...
Nomura maintains Buy call on Petronet LNG, cuts FY25 EPS by 7%, expects 13.4% upside with target at Rs 385
Nomura has maintained its Buy rating on Petronet LNG, while trimming its earnings estimates for FY25 and FY26 by 7% and 2%, respectively. The brokerage has set a target price of Rs 385 per share, impl...
Petronet LNG Q2 FY25 results: revenue rises to ₹13,024 crores, up 4% YoY; net profit increases by 4% YoY
Petronet LNG Limited has announced its financial results for the second quarter of fiscal year 2025, showing steady growth in both revenue and profitability. The company reported a revenue of ₹13,024 ...
Top gainers today: Stocks that surged over 5% today
On October 3, 2024, the following stocks experienced a notable surge, rising over 5% from their previous close: Amber Enterprises: The stock saw a sharp rise of 6.57%, closing at ₹5,163.85. The stock ...
Oil Stocks Update: Reliance, ONGC, Petronet LNG, and Dolphin Offshore see mixed reactions amid Middle East tensions and rising crude oil prices
The recent tensions in the Middle East, particularly the Iran-Israel conflict, have caused ripples across global markets, with the energy sector being significantly impacted. As crude oil prices for W...
Petronet LNG shares surge over 2% after Emkay upgrades rating to ‘Buy’
Petronet LNG’s shares experienced a surge of over 2% following an upgrade from Emkay, which has given the stock a ‘buy’ rating. The brokerage has set a target price of ₹425, implying a potential upsid...
Petronet LNG signs MoU with LTL Holdings in Sri Lanka
Petronet LNG Limited (PLL) recently signed a Memorandum of Understanding (MoU) with LTL Holdings Limited (LTL) of Sri Lanka on August 20, 2024, in Colombo, Sri Lanka, for the supply of LNG to LTL’s du...