OANDO - Oando Plc
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 116 billion, which makes about 0.208% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 8.30 |
| Day’s High Price | 9.45 |
| Traded Volume | 13.1M |
| Number of Deals | 371 |
| Gross Turnover | 117M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 12.4B |
| Market Capitalization | 116B |
OANDO Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -16.2% | -18.1% | -23.8% |
| 6MO | 1YR | YTD |
|---|---|---|
| +4.49% | +66.1% | -11.4% |
The current share price of Oando Plc (OANDO) is NGN 9.30. OANDO closed its last trading day (Thursday, April 25, 2024) at 9.30 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.2% gain over its previous closing price of 9.10 NGN. Oando began the year with a share price of 10.50 NGN but has since lost 11.4% off that price valuation, ranking it 122nd on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that OANDO has lost 18% of the stock’s value from March 21st to date.
Oando is the 16th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 23 - Apr 25, 2024). OANDO has traded a total volume of 514 million shares—in 13,780 deals—valued at NGN 6.28 billion over the period, with an average of 8.16 million traded shares per session. A volume high of 43.5 million was achieved on February 5th, and a low of 1.28 million on April 4th, for the same period. The table below details the last 10 trading days of activity of Oando on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-04-25 | 13,091,742 | 9.30 | +0.20 | +2.20% |
| 2024-04-24 | 21,366,528 | 9.10 | -1.00 | -9.90% |
| 2024-04-23 | 2,669,485 | 10.10 | -1.10 | -9.82% |
| 2024-04-22 | 2,170,129 | 11.20 | -0.30 | -2.61% |
| 2024-04-19 | 1,934,325 | 11.50 | +0.40 | +3.60% |
| 2024-04-18 | 7,394,914 | 11.10 | -0.80 | -6.72% |
| 2024-04-17 | 8,605,777 | 11.90 | -0.20 | -1.65% |
| 2024-04-16 | 7,046,804 | 12.10 | -1.30 | -9.70% |
| 2024-04-15 | 22,661,876 | 13.40 | +0.85 | +6.77% |
| 2024-04-12 | 15,106,224 | 12.55 |
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.
- Gbadebo, Oba A. (HRM.)
Chairman - Tinubu, Adewale J.
Group Chief Executive - Boyo, O.
Deputy Group Chief Executive - Adeyemo, Olufemi
Group Chief Financial Officer - Osunsanya, B.
Non-Executive Director - Akpata, Oghogho
Non-Executive Director - Anthony, Sena (Chief)
Non-Executive Director - Yakubu, Tanimu
Non-Executive Director - Osakwe, Ike
Non-Executive Director - 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
- info@oandoplc.com
- Website
- www.oandoplc.com
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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| SEPLAT | Seplat Petroleum Development Co. | 1.98T | 3,370.00 | +45.9% |
| MRS | MRS Oil Nigeria | 46.3B | 135.00 | +28.6% |
| ETERNA | Eterna Plc | 19.9B | 15.25 | +10.1% |
| CONOIL | Conoil Plc | 63.1B | 90.90 | +8.34% |
| CAPOIL | Capital Oil Plc | 1.17B | 0.20 | |
| RAKUNITY | RAK Unity Petroleum Company | 17M | 0.30 | |
| TOTAL | Total Nigeria | 109B | 321.50 | -16.5% |
