African Stock Exchanges

OANDO - Oando Plc

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OANDO share price on Nigerian Stock ExchangeOANDO share price on Nigerian Stock Exchange

Oando Plc (formerly Unipetrol Nigeria Plc) is a Nigerian company engaged in the exploration, production, marketing, supply, and general energy services. The company, which was registered as a result of the acquisition of Esso Africa Incorporated by the Federal Government of Nigeria, was partially privatized in 1991 and fully privatized in the year 2000, following the disposal of the 40% shareholding of the Nigerian government to Ocean and Oil Investments Limited and the general public. In December 2002, the company merged with Agip Nigeria Plc following its acquisition of 60% of Agip Petrol’s stake in Agip Nigeria Plc. Oando is listed on the Nigerian Stock Exchange and the the Johannesburg Stock Exchange. The company's subsidiary, Oando Energy Resources Inc, is its main vehicle for all oil exploration and production activities.

Oando Plc is listed on the Nigerian Stock Exchange (NGX) since February 24th, 1992. Oando is traded on the NGX under the ticker symbol “OANDO”. The International Securities Identification Number (ISIN) of NGX:OANDO is NGOANDO00002. Oando Plc is currently the 34th most valuable stock on the NGX with a market capitalization of NGN 73.3 billion, which makes about 0.241% of the Nigerian Stock Exchange equity market.

OANDO5.90 ▴ 0.15 (2.61%)
2 hours ago
Last Trading Results
Opening Price
Day’s Low Price5.55
Day’s High Price5.90
Traded Volume4.65M
Number of Deals133
Gross Turnover26.2M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12.4B
Market Capitalization73.3B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

OANDO Stock Market Performance


The current share price of Oando Plc (OANDO) is NGN 5.90. OANDO closed its last trading day (Friday, June 2, 2023) at 5.90 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.6% gain over its previous closing price of 5.75 NGN. Oando began the year with a share price of 3.92 NGN and has since gained 50.5% on that price valuation, ranking it 22nd on the NGX in terms of year-to-date performance. Shareholders can be optimistic about OANDO knowing the stock has accrued 7% over the past four-week period—75th best on NGX.

Oando is the 11th most traded stock on the Nigerian Stock Exchange over the past three months (Feb 28 - Jun 2, 2023). OANDO has traded a total volume of 425 million shares—in 7,570 deals—valued at NGN 2.3 billion over the period, with an average of 6.75 million traded shares per session. A volume high of 33.4 million was achieved on April 4th, and a low of 458,916 on March 8th, for the same period. The table below details the last 10 trading days of activity of Oando on the Nigerian Stock Exchange.


Profile of Oando Plc

Oando Plc was founded on August 25, 1969 and operates in the Oil & Gas sector, specifically, the Integrated Oil & Gas industry. Oando contracts an estimated total number of 137 employees. The company is led by Adewale J. Tinubu as its Group Chief Executive. The company's board of directors, chaired by HRM. Oba A. Gbadebo, is composed of 10 members whose names are listed below.

  1. Gbadebo, Oba A. (HRM.)
  2. Tinubu, Adewale J.
    Group Chief Executive
  3. Boyo, O.
    Deputy Group Chief Executive
  4. Adeyemo, Olufemi
    Group Chief Financial Officer
  5. Osunsanya, B.
    Non-Executive Director
  6. Akpata, Oghogho
    Non-Executive Director
  7. Anthony, Sena (Chief)
    Non-Executive Director
  8. Yakubu, Tanimu
    Non-Executive Director
  9. Osakwe, Ike
    Non-Executive Director
  10. Akinrele, Ademola
    Non-Executive Director

Factsheet of Oando Plc

Oil & Gas
Integrated Oil & Gas
The Wings Complex, 17a Ozumba Mbadiwe, Victoria Island, Lagos, Nigeria
+234-1-270-2400, +234-1-260-1290, +44-207-297-4280

OANDO Industrial Market Competitors

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

CodeNameM. Cap.CloseYTD
MRSMRS Oil Nigeria16.9B49.30+250%
CONOILConoil Plc48.5B69.90+164%
TOTALTotal Nigeria94.5B278.30+44.2%
ETERNAEterna Plc12.1B9.25+38.3%
SEPLATSeplat Petroleum Development Co.706B1,200.00+9.09%
CAPOILCapital Oil Plc1.17B0.20
RAKUNITYRAK Unity Petroleum Company17M0.30
ARDOVAArdova Plc22.5B17.30-5.98%

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


  1. Akindele oluwafemi DanielAkindele oluwafemi Daniel
    May 23, 2023 09:40 GMT

    I have oando share which I've not been collecting dividence for years now. Nor any Annual meeting notice.
    What do I need to do to know my status ?
    Kindly help me

  2. Tope AdaramolaTope Adaramola
    Apr 27, 2022 16:07 GMT

    I bought shares (over 150,000 units) of Oando. I have not got any dividends or bonuses for years. I understand because of the Board issues they had. But now what's holding them back. Is it not time to sell off all the shares and keep my money. Pls advise me

    1. JohnsonJohnson
      Jun 18, 2022 00:59 GMT

      Oando is not paying dividend yet. You can check their audited financial statement for 2021 to know more about their performance. This can help you make better decisions as to sell your shares or not.
      But on a personal level, if I have money, I'll buy more of Oando shares.

  3. Awugosi AgozieAwugosi Agozie
    Apr 23, 2022 19:32 GMT

    My Dad bought shares from unipetrol in 1989 for me and my mother and we have been receiving the dividend till we leave the address that we use to receive it in 1993. Now I don’t know the account number can I get back my shares with just my name and the address it’s been sent to?

    1. JohnsonJohnson
      Jun 18, 2022 01:02 GMT

      I'll advice that you contact the broker and update your details with them. Dividends are now credited directly to bank accounts.

  4. Ekonyen GeorgeEkonyen George
    Dec 6, 2021 08:55 GMT

    Pls I nid current news on shares generally which will guide me on when to invest and when to sell. Thanks

    1. JohnsonJohnson
      Jun 18, 2022 01:04 GMT

      I'll advice you get a financial advisor, but if you want to learn how to trade yourself, just watch Youtube videos and get books.
      It's a nice course to invest in.

  5. Emmanuel Essor OkorjiEmmanuel Essor Okorji
    Sep 21, 2021 10:46 GMT

    Kindly furnish me through my email address the cost implication of sale of my Ordinary shares of Oando.

    1. mr christian   CISmr christian CIS
      Oct 15, 2021 10:30 GMT

      contact 08115789919

  6. Ilesanmi E.BIlesanmi E.B
    Jul 3, 2021 01:43 GMT

    Is Oando plc reallreally arranging for 1 to bonus in this year 2021. Pls I need confirmation on this subject matter.Good morning

  7. Ilesanmi E.BIlesanmi E.B
    Jul 3, 2021 01:41 GMT

    When is the next Oando plc dividend payment. It has been a long time. The value is so low compared with my purchasi g price at the secondary market.Good morning

  8. Mahmood abdullateef isholaMahmood abdullateef ishola
    Jan 28, 2021 02:35 GMT

    I need a broker that help me and sell my shares , and I want to More details about my shares., Thanks.

    1. mr christian   CISmr christian CIS
      Jul 26, 2021 12:33 GMT

      You can us on 08115789919 or visit us

      we will help you out....

  9. MaryMary
    Dec 10, 2020 22:20 GMT

    Will Oando ever pay share holders dividend again?

  10. okolo ojima Emmanuelokolo ojima Emmanuel
    Nov 4, 2020 13:40 GMT

    have nou be seen divided since last year

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