GOIL - Ghana Oil Company Limited
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. The company’s main business is marketing and distribution of petroleum products in Ghana with the biggest chunk of its sales coming from the sale of diesel and gasoline. However, GOIL is actively seeking to move beyond the current frontiers to marketing and distribution of energy products in general.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | 1.75 | Earnings Per Share: | 0.3292 |
| Day's Low Price: | -- | Price/Earning Ratio: | 5.32 |
| Day's High Price: | -- | Dividend Per Share: | 0.0420 |
| Traded Volume: | 1,895 | Dividend Yield: | 2.4% |
| Number of Deals: | -- | Shares Outstanding: | 391.86m |
| Value/Turnover: | 3,316.25 | Market Capitalization: | 685.76m |
GOIL Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +0.00% | -12.50% | -20.45% | -27.69% | -37.94% | -43.91% |
The stock of Ghana Oil Company Limited (GOIL) is currently trading at 1.75 GHS per share on the Ghana Stock Exchange. GOIL began the year with a share price of 3.12 GHS but has since lost 43.91% off that price valuation, ranking it 39th on the GSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that GOIL has lost 12.5% of the stock's value from September 19 to date. The table below details the last 10 trading days of activity of Ghana Oil Company Limited on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2019-10-18 | 1,895 | 1.75 | -- | -- |
| 2019-10-17 | 200 | 1.75 | -- | -- |
| 2019-10-16 | 900 | 1.75 | -- | -- |
| 2019-10-15 | 419 | 1.75 | -- | -- |
| 2019-10-14 | 50 | 1.75 | -- | -- |
| 2019-10-10 | 27,100 | 1.75 | -0.15 | 7.89% |
| 2019-10-09 | 1,800 | 1.90 | -- | -- |
| 2019-10-08 | 13,880 | 1.90 | -- | -- |
| 2019-10-07 | 1,700 | 1.90 | -0.10 | 5.00% |
| 2019-10-03 | 1,199 | 2.00 | -- | -- |
Profile of Ghana Oil Company Limited
Ghana Oil Company Limited operates in the Oil & Gas sector, specifically, the Oil Equipment & Services industry. The company is led by Patrick A. K. Akorli as its Group CEO & Managing Director. The company's board of directors, chaired by Kwamena Bartels, is composed of 10 members whose names are listed below.
- Bartels, Kwamena
Chairman - Akorli, Patrick A. K.
Group CEO & Managing Director - Kusi-Appouh, Nana Ama
Board Secretary - Prempeh, Kwame Osei (Hon.)
Board Member - Prempeh, Beatrice Agyeman (Mrs.)
Board Member - Baafour-Gyimah, Rhoderline (Mrs.)
Board Member - Williams, Beauclerc Ato
Board Member - Tengan, Stephen
Board Member - Amankwah, Robert Owusu
Board Member - Manu, Thomas Kofi
Board Member
| Factsheet of Ghana Oil Company Limited | |
|---|---|
| Sector: Oil & Gas | Industry: Oil Equipment & Services |
| Address: Hse. No. D 659/4, Junction of Kojo Thompson and Adjaben Roads, Tudu, Accra, Ghana | |
| Telephone: +233-302-688-214, +233-302-688-215, +233-302-688-217 | |
| Email: info@goil.com.gh | Website: www.goil.com.gh |
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 the Oil Equipment & Services industry. The table below gives you an overview of their market standing.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| TOTAL | Total Petroleum Ghana Limited | 321.08m | 2.87 | -15.6% |
| TLW | Tullow Oil Plc | 16.40b | 11.94 | +0.00% |
