GOIL - Ghana Oil Company Limited

Jan 7, 2026 at 16:54 Twitter · Facebook

GOIL share price on Ghana Stock Exchange

Ghana Oil Company Limited, popularly known as GOIL, is a Ghanaian oil and gas company. It was incorporated as a private limited liability company in June 1960 as AGIP Ghana Company Limited. The company changed its name to Ghana Oil Company Limited in 1976 subsequent to the Government of Ghana’s acquisition of the shares of AGIP SPA and Hydrocarbons Int. GOIL was eventually converted into a public company in 2007, followed by a comprehensive overhaul of the company’s brand and corporate culture in 2012. This brought about revamping of existing stations as well as the expansion of the number of service stations.

GOIL’s main business is the marketing and distribution of petroleum products in Ghana with the biggest chunk of its sales coming from the sale of diesel and gasoline. However, the energy company is actively seeking to move beyond the current frontiers to marketing and distribution of energy products in general.

Ghana Oil Company Limited is listed on the Ghana Stock Exchange (GSE) since November 16th, 2007. Ghana Oil is traded on the GSE under the ticker symbol “GOIL”. The International Securities Identification Number (ISIN) of GSE:GOIL is GH0000000722. Ghana Oil Company Limited is currently the 20th most valuable stock on the GSE with a market capitalization of GHS 1.18 billion, which is about 0.683% of the Ghana Stock Exchange equity market.

GOIL Stock Market Performance

The current share price of Ghana Oil Company Limited (GOIL) is GHS 3.00. GOIL closed its last trading day (Wednesday, January 7, 2026) at 3.00 GHS per share on the Ghana Stock Exchange (GSE), recording a 1% gain over its previous closing price of 2.97 GHS. Ghana Oil began the year with a share price of 2.96 GHS and has since gained 1.35% on that price valuation, ranking it fourth on the GSE in terms of year-to-date performance. Shareholders can be optimistic about GOIL knowing the stock has accrued 5% over the past four-week period—sixth best on GSE.

Ghana Oil Company is the 16th most traded stock on the Ghana Stock Exchange over the past three months (Oct 7, 2025 - Jan 7, 2026). GOIL has traded a total volume of 130,817 shares valued at GHS 367,549 over the period, with an average of 2,076 traded shares per session. A volume high of 30,794 was achieved on December 15th for the same period. The table below details the last 10 trading days of activity of Ghana Oil on the Ghana Stock Exchange.

Profile of Ghana Oil Company Limited

Ghana Oil Company Limited was founded on June 14, 1960 and operates in the Oil & Gas sector, specifically, the Oil Equipment & Services industry.

GOIL Industrial Market Competitors

Ghana Oil Company Limited, issuers of the GOIL stock on the Ghana Stock Exchange, have two market competitors who are also engaged in the Oil & Gas sector and/or Oil Equipment & Services industry. The table below presents an overview of their market standing.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange