African Stock Exchanges

ARDOVA - Ardova Plc

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ARDOVA share price on Nigerian Stock ExchangeARDOVA share price on Nigerian Stock Exchange

Ardova Plc, formerly Forte Oil Plc, is a Nigerian company engaged in the business of petroleum products marketing.

NOTE: Shares of Ardova Plc have been delisted from the Nigerian Stock Exchange (NGX) since close of trading on Tuesday, July 25, 2023. Ardova was traded on the NGX under the ticker symbol “ARDOVA”. The International Securities Identification Number (ISIN) of NGX:ARDOVA was NGAP00000004. Ardova Plc was the 57th most valuable stock on the NGX with a market capitalization of NGN 21.5 billion, which was about 0.06% of the Nigerian Stock Exchange equity market at the time of delisting.

ARDOVA16.50 ▪ 0.00
11 months ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.3B
Market Capitalization21.5B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

ARDOVA Stock Market Performance


The current share price of Ardova Plc (ARDOVA) is NGN 16.50. ARDOVA closed its last trading day (Monday, July 10, 2023) at 16.50 NGN per share on the Nigerian Stock Exchange (NGX). Ardova began the year with a share price of 18.40 NGN but has since lost 10.3% off that price valuation, ranking it 149th on the NGX in terms of year-to-date performance.

Ardova is the 71st most traded stock on the Nigerian Stock Exchange over the past three months (Apr 19 - Jul 25, 2023). ARDOVA has traded a total volume of 65.1 million shares—in 2,493 deals—valued at NGN 1.24 billion over the period, with an average of 1.03 million traded shares per session. A volume high of 12.2 million was achieved on May 9th for the same period. The table below details the last 10 trading days of activity of Ardova on the Nigerian Stock Exchange.


Profile of Ardova Plc

Ardova Plc operates in the Oil & Gas sector.

Factsheet of Ardova Plc

Oil & Gas
13 Walter Carrington Crescent, Victoria Island, Lagos, Nigeria

ARDOVA Industrial Market Competitors

Ardova Plc, issuers of the ARDOVA stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Oil & Gas sector. The table below presents an overview of the market standing of the top eight by year-to-date performance.

CodeNameM. Cap.CloseYTD
SEPLATSeplat Petroleum Development Co.2.03T3,450.00+49.4%
OANDOOando Plc186B14.95+42.4%
MRSMRS Oil Nigeria46.3B135.00+28.6%
CONOILConoil Plc72.9B105.00+25.2%
ETERNAEterna Plc20.9B16.00+15.5%
TOTALTotal Nigeria132B388.90+1.01%
CAPOILCapital Oil Plc1.17B0.20
RAKUNITYRAK Unity Petroleum Company17M0.30

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

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