ARADEL - Aradel Holdings
Aradel 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 ninth most valuable stock on the NGX with a market capitalization of NGN 2.32 trillion, which is about 3.91% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 851,489 |
| Number of Deals | 266 |
| Gross Turnover | 420M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4.34B |
| Market Capitalization | 2.32T |
ARADEL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -14.7% | -30.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| -30.9% | -30.9% | -30.9% |
The current share price of Aradel Holdings (ARADEL) is NGN 533.80. ARADEL closed its last trading day (Monday, November 18, 2024) at 533.80 NGN per share on the Nigerian Stock Exchange (NGX). Aradel closed its IPO day (October 14, 2024) with a share price of 772.90 NGN but has since lost 30.9% off that price valuation, ranking it 145th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ARADEL has lost 15% of the stock’s value from October 21st to date.
Aradel Holdings is the 33rd most traded stock on the Nigerian Stock Exchange over the past four weeks (Oct 21 - Nov 18, 2024). ARADEL has traded a total volume of 52.8 million shares—in 12,846 deals—valued at NGN 26 billion over the period, with an average of 2.51 million traded shares per session. A volume high of 8.2 million was achieved on October 24th, and a low of 357,802 on October 22nd, for the same period. The table below details the last 10 trading days of activity of Aradel on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-18 | 851,489 | 533.80 | ||
| 2024-11-15 | 1,260,269 | 533.80 | ||
| 2024-11-14 | 1,688,571 | 533.80 | ||
| 2024-11-13 | 3,321,734 | 533.80 | ||
| 2024-11-12 | 2,818,210 | 533.80 | ||
| 2024-11-11 | 1,882,144 | 533.80 | +48.50 | +9.99% |
| 2024-11-08 | 2,951,767 | 485.30 | +44.10 | +10.00% |
| 2024-11-07 | 1,282,925 | 441.20 | +40.10 | +10.00% |
| 2024-11-06 | 2,932,208 | 401.10 | ||
| 2024-11-05 | 3,126,996 | 401.10 |
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
- ir@aradel.com
- Website
- www.aradel.com
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| OANDO | Oando Plc | 796B | 64.00 | +510% |
| CONOIL | Conoil Plc | 180B | 259.00 | +209% |
| SEPLAT | Seplat Petroleum Development Co. | 3.32T | 5,639.50 | +144% |
| ETERNA | Eterna Plc | 32.3B | 24.80 | +79.1% |
| TOTAL | Total Nigeria | 229B | 673.90 | +75% |
| MRS | MRS Oil Nigeria | 45.3B | 132.00 | +25.7% |
| CAPOIL | Capital Oil Plc | 1.17B | 0.20 |
