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.

Ardova Plc is listed on the Nigerian Stock Exchange (NGX). Ardova is traded on the NGX under the ticker symbol “ARDOVA”. The International Securities Identification Number (ISIN) of NGX:ARDOVA is NGAP00000004. Ardova Plc is currently the 54th most valuable stock on the NGX with a market capitalization of NGN 17.9 billion, which is about 0.067% of the Nigerian Stock Exchange equity market.

ARDOVA13.75 ▪ 0.00
Just now
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume4,968
Number of Deals8
Gross Turnover62,801.40
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.3B
Market Capitalization17.9B
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 13.75. ARDOVA closed its last trading day (Wednesday, October 5, 2022) at 13.75 NGN per share on the Nigerian Stock Exchange (NGX). Ardova began the year with a share price of 13.00 NGN and has since gained 5.77% on that price valuation, ranking it 46th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about ARDOVA knowing the stock has accrued 12% over the past four-week period—fifth best on NGX.

Ardova is the 64th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 6 - Oct 5, 2022). ARDOVA has traded a total volume of 22.1 million shares—in 1,311 deals—valued at NGN 283 million over the period, with an average of 350,385 traded shares per session. A volume high of 3.32 million was achieved on August 19th 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 nine by year-to-date performance.

CodeNameM. Cap.CloseYTD
SEPLATSeplat Petroleum Development Co.736B1,250.00+92.3%
ETERNAEterna Plc8.22B6.30+24.8%
CONOILConoil Plc18.4B26.50+20.5%
MRSMRS Oil Nigeria4.92B14.35+16.2%
OANDOOando Plc57.4B4.62+4.52%
CAPOILCapital Oil Plc1.17B0.20
RAKUNITYRAK Unity Petroleum Company17M0.30
TOTALTotal Nigeria71.7B211.10-4.87%
GSPECPLCGlobal Spectrum Energy Plc2.2B2.75-34.4%

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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