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 28th most valuable stock on the NGX with a market capitalization of NGN 129 billion, which makes about 0.329% of the Nigerian Stock Exchange equity market.

OANDO10.35 ▴ 0.05 (0.49%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price9.90
Day’s High Price10.35
Traded Volume2.89M
Number of Deals149
Gross Turnover29.1M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12.4B
Market Capitalization129B
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 10.35. OANDO closed its last trading day (Friday, December 8, 2023) at 10.35 NGN per share on the Nigerian Stock Exchange (NGX), recording a 0.5% gain over its previous closing price of 10.30 NGN. Oando began the year with a share price of 3.92 NGN and has since gained 164% on that price valuation, ranking it 30th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about OANDO knowing the stock has accrued 8% over the past four-week period—42nd best on NGX.

Oando is the eighth most traded stock on the Nigerian Stock Exchange over the past three months (Sep 11 - Dec 8, 2023). OANDO has traded a total volume of 1.14 billion shares—in 20,495 deals—valued at NGN 12.7 billion over the period, with an average of 18.1 million traded shares per session. A volume high of 143 million was achieved on September 13th, and a low of 1.19 million on October 30th, 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 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.

CodeNameM. Cap.CloseYTD
MRSMRS Oil Nigeria33.9B99.00+602%
CONOILConoil Plc60B86.50+226%
SEPLATSeplat Petroleum Development Co.1.36T2,310.10+110%
TOTALTotal Nigeria131B385.00+99.5%
ETERNAEterna Plc17.1B13.10+95.8%
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


  1. FaithFaith
    Nov 30, 2023 11:09 GMT

    How do I go about to buy Oando shares? Can I get a link or something.

  2. John SundayJohn Sunday
    Nov 22, 2023 23:05 GMT

    I buy oando share but now am hearing that they want to sell minority share to majority so after that they will delist oando share from NSE can I leave my share I need your advice thanks

  3. HelenHelen
    Sep 28, 2023 12:53 GMT

    Please why is Oando shares falling like this?

  4. Oluwarotimi AdemolaOluwarotimi Ademola
    Sep 28, 2023 11:31 GMT

    Why is Oando share price nose diving rapidly?

  5. Blessing Nwani chinecheremBlessing Nwani chinecherem
    Aug 28, 2023 14:15 GMT

    Pls my father bought shares and he died 10yrs ago, how do we go about it pls

    1. KingsleyKingsley
      Sep 16, 2023 19:09 GMT

      You can reachout to me on 08030980712 for your unclaimed dividend.

  6. 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

    1. KingsleyKingsley
      Sep 16, 2023 19:10 GMT

      I can help you on that, Kindly give me a call 08030980712.

  7. 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.

  8. 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.

  9. 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.

  10. 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

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