ARADEL - Aradel Holdings
ARADEL share price on Nigerian Stock ExchangeAradel Holdings Plc is a Nigerian integrated energy conglomerate with operations spanning the upstream, midstream, and downstream sectors of the oil and gas industry. Incorporating the full spectrum of the energy industry, the company engages in exploration, production, refining, and distribution through its subsidiaries: Aradel Energy, operator of the Ogbele, Omerelu, Olo and Olo West Marginal Fields; Aradel Gas, pursuer of investment opportunities in the gas sector; Aradel Investments, holder and manager of the group’s non-oil & gas assets; and Aradel Refineries, an independent operating midstream entity.
Aradel Holdings is listed on the Nigerian Stock Exchange (NGX) since October 14th, 2024. Aradel is traded on the NGX under the ticker symbol “ARADEL”. The International Securities Identification Number (ISIN) of NGX:ARADEL is NGARADEL0004. Aradel Holdings is currently the eighth most valuable stock on the NGX with a market capitalization of NGN 2.72 trillion, which is about 4.57% of the Nigerian Stock Exchange equity market.
ARADEL •
625.40 ▾ 69.40 (9.99%) 11 hours ago
| Last Trading Results |
|---|
| Opening Price | |
| Day’s Low Price | 625.40 |
| Day’s High Price | 625.40 |
| Traded Volume | 3.03M |
| Number of Deals | 510 |
| Gross Turnover | 1.89B |
| Growth & Valuation |
|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4.34B |
| Market Capitalization | 2.72T |
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated
ARADEL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|
| -19.1% | -19.1% | -19.1% |
| 6MO | 1YR | YTD |
|---|
| -19.1% | -19.1% | -19.1% |
The current share price of Aradel Holdings (ARADEL) is NGN 625.40. ARADEL closed its last trading day (Friday, October 18, 2024) at 625.40 NGN per share on the Nigerian Stock Exchange (NGX), recording a 10% drop from its previous closing price of 694.80 NGN. Aradel closed its IPO day (October 14, 2024) with a share price of 772.90 NGN but has since lost 19.1% off that price valuation, ranking it 135th on the NGX in terms of year-to-date performance. The table below details the last five trading days of activity of Aradel on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|
| 2024-10-18 | 3,025,252 | 625.40 | -69.40 | -9.99% |
| 2024-10-17 | 1,498,533 | 694.80 | -77.20 | -10.00% |
| 2024-10-16 | 4,252,789 | 772.00 | -48.00 | -5.85% |
| 2024-10-15 | 25,020,166 | 820.00 | +47.10 | +6.09% |
| 2024-10-14 | 18,709,802 | 772.90 | | |
Profile of Aradel Holdings Plc
Aradel Holdings Plc was founded on March 25, 1992 and operates in the Oil & Gas sector, specifically, the Integrated Oil & Gas industry.
Factsheet of Aradel Holdings Plc
- Sector
- Oil & Gas
- Industry
- Integrated Oil & Gas
- Address
- —
- Telephone
- +234-808-313-2956, +234-808-586-5031, +234-703-562-8152
ARADEL Industrial Market Competitors
Aradel Holdings Plc, issuers of the ARADEL stock on the Nigerian Stock Exchange, have seven market competitors who are also engaged in the Oil & Gas sector and/or Integrated Oil & Gas industry. The table below presents an overview of their market standing.
Index of African Stock Exchanges:
- Botswana Stock Exchange
- BRVM Stock Exchange
- Ghana Stock Exchange
- Johannesburg Stock Exchange
- Lusaka Securities Exchange
- Malawi Stock Exchange
- Nairobi Securities Exchange
- Nigerian Stock Exchange
- Uganda Securities Exchange
- Zimbabwe Stock Exchange
