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 31st most valuable stock on the NGX with a market capitalization of NGN 60.9 billion, which makes about 0.227% of the Nigerian Stock Exchange equity market.

OANDO4.90 ▪ 0.00
Yesterday
Last Trading Results
Opening Price
Day’s Low Price4.75
Day’s High Price4.90
Traded Volume2.51M
Number of Deals70
Gross Turnover12.1M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12.4B
Market Capitalization60.9B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

OANDO Stock Market Performance

1WK4WK3MO
-1.8%-10.9%-18.5%
6MO1YRYTD
-2.97%-1.41%+10.9%

The current share price of Oando Plc (OANDO) is NGN 4.90. OANDO closed its last trading day (Friday, August 12, 2022) at 4.90 NGN per share on the Nigerian Stock Exchange (NGX). Oando began the year with a share price of 4.42 NGN and has since gained 10.9% on that price valuation, ranking it 43rd on the NGX in terms of year-to-date performance. Investors should, however, take caution of OANDO’s recent poor performance, having lost 11% of its value in the past four weeks.

Oando is the 13th most traded stock on the Nigerian Stock Exchange over the past three months (May 13 - Aug 12, 2022). OANDO has traded a total volume of 312 million shares—in 6,913 deals—valued at NGN 1.75 billion over the period, with an average of 4.95 million traded shares per session. A volume high of 34.5 million was achieved on June 22nd, and a low of 329,004 on June 3rd, for the same period. The table below details the last 10 trading days of activity of Oando on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2022-08-122,505,6924.90
2022-08-112,744,6244.90
2022-08-101,158,6224.90
2022-08-09832,1704.90-0.09-1.80%
2022-08-08690,4004.99
2022-08-051,995,0144.99
2022-08-041,514,6534.99-0.01-0.20%
2022-08-03748,5805.00
2022-08-021,981,1085.00
2022-08-011,881,2575.00

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.)
    Chairman
  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

Sector
Oil & Gas
Industry
Integrated Oil & Gas
Address
The Wings Complex, 17a Ozumba Mbadiwe, Victoria Island, Lagos, Nigeria
Telephone
+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 nine by year-to-date performance.

CodeNameM. Cap.CloseYTD
GSPECPLCGlobal Spectrum Energy Plc2.2B2.75-34.4%
SEPLATSeplat Petroleum Development Co.842B1,430.50+120%
ETERNAEterna Plc9.59B7.35+45.5%
CONOILConoil Plc18B25.95+18%
MRSMRS Oil Nigeria4.95B14.45+17%
TOTALTotal Nigeria79.6B234.50+5.68%
CAPOILCapital Oil Plc1.17B0.20
RAKUNITYRAK Unity Petroleum Company17M0.30
ARDOVAArdova Plc16.3B12.50-3.85%

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

Comments (22)

  1. 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.

  2. 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.

  3. 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 @www.zionstockbrokers.com


      we will help you out....

  4. 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

  5. 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.

  6. 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

  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. Idowu KingsleyIdowu Kingsley
    Feb 21, 2020 06:53 GMT

    Pls can I get a stock broker who can help me to sell my oando shares.

    1. PaulPaul
      Mar 3, 2020 10:18 GMT

      Yes Sir,
      Kindly contact me at FCSL ASSET MGT. CO. LTD.
      at pijiekhuemen@fcslng.com
      Thanks

  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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