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 507 billion, which makes about 0.497% of the Nigerian Stock Exchange equity market.

OANDO40.80 ▾ 3.40 (7.69%)
7 hours ago
Last Trading Results
Opening Price
Day’s Low Price40.65
Day’s High Price47.00
Traded Volume10.7M
Number of Deals1,005
Gross Turnover468M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12.4B
Market Capitalization507B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

OANDO Stock Market Performance

1WK4WK3MO
+7.23%+3.29%-9.83%
6MO1YRYTD
-26%-39.1%+1.49%

The current share price of Oando Plc (OANDO) is NGN 40.80. OANDO closed its last trading day (Tuesday, January 6, 2026) at 40.80 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.7% drop from its previous closing price of 44.20 NGN. Oando began the year with a share price of 40.20 NGN and has since gained 1.49% on that price valuation, ranking it 85th on the NGX in terms of year-to-date performance.

Oando is the 36th most traded stock on the Nigerian Stock Exchange over the past three months (Oct 7, 2025 - Jan 6, 2026). OANDO has traded a total volume of 267 million shares—in 33,906 deals—valued at NGN 11.3 billion over the period, with an average of 4.23 million traded shares per session. A volume high of 32.1 million was achieved on October 31st, and a low of 701,062 on December 2nd, for the same period. The table below details the last 10 trading days of activity of Oando on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2026-01-0610,749,59040.80-3.40-7.69%
2026-01-054,250,39144.20+4.00+9.95%
2026-01-021,341,48340.20
2025-12-313,693,33040.20+0.20+0.50%
2025-12-305,766,66640.00+1.95+5.12%
2025-12-297,229,45838.05+0.05+0.13%
2025-12-244,638,42938.00+0.10+0.26%
2025-12-232,410,01737.90-0.10-0.26%
2025-12-224,508,17038.00
2025-12-191,264,66538.00

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.

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 five 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
ARADELAradel Holdings3.19T735.00+9.7%
ETERNAEterna Plc40.8B31.30+9.82%
TOTALTotal Nigeria217B640.00
CONOILConoil Plc130B187.20
SEPLATSeplat Petroleum Development Co.3.37T5,610.00-3.43%

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

  1. IDRIS YAROIDRIS YARO
    Sep 24, 2025 13:25 GMT

    It's becoming obvious that the leadership of OandO PLC are taking the company back to its former status, prior to its NAOC acquisition. Any HELP in sight ?

  2. Walter Oluka OchenWalter Oluka Ochen
    Jun 14, 2025 03:56 GMT

    It is a good thing to see that Oando Plc is now publishing profitable audited results, but intentional efforts should be made to reward its patient shareholders who have endured for years without dividends and bonuses.

    1. Emeti EtimEmeti Etim
      Jul 16, 2025 16:11 GMT

      Damn, oando is dwindling anyhow these days, move from 65naira to 52naira per stock, I don't really know what's happening

    2. Warren MuskWarren Musk
      Jul 11, 2025 12:44 GMT

      Hope you are aware that they gave a bonus this year. An additional 1 share for every 12 shares you already own.
      A very encouraging reward, but more needs to be done. They're accumulating more debts to finance their upstream explorations and offshore operations. If their revenue and profits can offset these debts, then Oando will definitely be a giant in the oil sector. For now, Seplat and Aradel are cleaner and more profitable companies.

  3. Uzoma Jonathan ChineduUzoma Jonathan Chinedu
    Feb 4, 2025 20:24 GMT

    Just imagine Aradel that was listed few months ago recording approximately 248 billion Naira Profit After Tax at the close of business to December 31,2024, and Oando with a paltry 65 billion Naira after tax during the same period. The current financial position and general operations of Oando requires a combination of actions. 1-Let all equity holders in the company unite to demand a change of leadership and transparency 2- The regulatory agencies should be invited to look into the accounts of the company, for at least 10 years period (2024 down to 2014). This is a case of "nothing will happen" . Highly placed investors collecting several millions in Naira as emoluments yearly, while others termed "minority shareholders"are refused any dividend payments for over 8 good years is absolute Imagine the fraudulence and frustration perpetrated in the name of majority shareholders.

    1. JibrinJibrin
      Sep 9, 2025 01:58 GMT

      You must be very czarina when it comes to oando , otherwise you will get your fingers burnt,i jump and out

    2. IDRIS YAROIDRIS YARO
      Feb 5, 2025 12:31 GMT

      You are absolutely right brother.

  4. Chidera AnthonyChidera Anthony
    Jan 31, 2025 17:44 GMT

    As it has been with so many of my research I know that oando is going to sky rocet based on the pps ...

    1. JibrinJibrin
      Sep 9, 2025 02:00 GMT

      Very correct but they keep shifting the goal posts and thiss discouraged infants

  5. AGU CHIKAAGU CHIKA
    Jan 30, 2025 08:02 GMT

    What's the reason for losses i believe they supposed to be doing well

    1. JibrinJibrin
      Sep 9, 2025 02:01 GMT

      Is a sort of strategy

  6. Uzoma Jonathan ChineduUzoma Jonathan Chinedu
    Jan 6, 2025 15:24 GMT

    As investors welcomed the year 2000 and 25, the most excellent and exciting policy for top management at Oando will be to compensate long suffering shareholders with mouth watering dividend payments, and because of their perseverance ---over 7 good years in a roll. It's said that " what's good for the goose is also good for the gander" as Oando top brasses allocated huge salaries/emoluments to themselves, other shareholders should also be entitled to a share of the profit. It won't be acceptable if other shareholders --minority investors are left out this time ---t he investor who invested #1,ooo,ooo and the one who put in #100,000 both deserve profit at the end of the year, and according to the margin/degree of their investments. I am of the opinion that instead of Adewale Tinubu and his Co - top management at Oando to continue to mismanage the company, and doctoring the accounts year in year out (just to make shareholders believe Oando is unprofitable) let them just pay us #750 .00 per unit share,so we wave bye to Oando,inugo?

  7. Uzoma Jonathan ChineduUzoma Jonathan Chinedu
    Jan 6, 2025 15:48 GMT

    Seplat share is selling for #4700.00 per unit;is Oando not bigger 4 times than Seplat? Imagine other oil and gas companies on the Exchange,non is unprofitable but Oando.No one individual has been the CEO of any oil and gas company quoted on the Exchange for 20 good years, but Adewale Tinubu. Imagine the fraudulence, incompetence and crookery associated with majority share holding in a corporation, simply because of some legal abnormalities and technicalities. We can't continue this way,if surely we want idle funds hidden underneath the carpet, pillows and the rooftop to creep out and be invested on company shares, inugo?

  8. Walter Oluka OchenWalter Oluka Ochen
    Dec 12, 2024 20:45 GMT

    The consistent failure or refusal by the board of directors of Oando Plc to reward its shareholders with either dividend or bonus or both, is beginning to negatively impact on the price of Oando's stocks.

  9. Ako markAko mark
    Nov 21, 2024 10:35 GMT

    I have an OANDO share I want to sale please can someone educate me on how to go about it please

  10. Deji SodeindeDeji Sodeinde
    Nov 14, 2024 12:09 GMT

    Is Oando still planning to delist from the Nigerian Stock Exchange market? If yes what would be the fate of those who purchased the shares at 92 Naira per share given the fact that the share price has gone down to 60 Naira per share?

    1. Bello yunusaBello yunusa
      May 6, 2025 22:50 GMT

      Oando price reached #320 around 2018

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