ONGC.NS - Oil and Natural Gas Corporation Limited

NSE - NSE Real Time Price. Currency in INR
160.40
-15.00 (-8.55%)
As of 2:18PM IST. Market open.
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Previous Close175.40
Open175.60
Bid159.70 x 0
Ask160.00 x 0
Day's Range155.15 - 176.10
52 Week Range155.15 - 212.85
Volume18,221,460
Avg. Volume4,295,500
Market Cap2.058T
Beta0.99
PE Ratio (TTM)10.04
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield6.05 (3.26%)
Ex-Dividend Date2018-03-13
1y Target EstN/A
  • Reuters7 days ago

    Exclusive - As Rosneft's Vietnam unit drills in disputed area of South China Sea, Beijing issues warning

    Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft (ROSN.MM), is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. Rosneft said on Tuesday its Vietnamese unit had started drilling at the LD-3P well, part of the Lan Do "Red Orchid" offshore gas field in Block 06.1, 370 kms (230 miles) southeast of Vietnam. The block is "within the area outlined by China's nine-dash line," according to energy consultancy and research firm Wood Mackenzie.

  • Reuters7 days ago

    Rosneft says South China Sea drilling is within Vietnam waters

    Drilling in the South China Sea by Rosneft (ROSN.MM) is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China. Rosneft's local unit, Rosneft Vietnam BV, is concerned that its recent drilling in an area of the South China Sea that falls within China's "nine-dash line" could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.

  • Reuters7 days ago

    Land acquisition woes thwart India's mega refinery plan with Saudi Aramco

    MUMBAI/NEW DELHI (Reuters) - At the International Energy Forum in Delhi in April, the world's top oil producer Saudi Aramco inked a preliminary deal to partner with a consortium of Indian players to build a $44 billion refinery and petrochemical project on India's west coast. The huge project was touted as a gamechanger for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil. Thousands of farmers oppose the refinery and are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood.

  • Reuters15 days ago

    Saudi's SABIC eyes 50 percent stake in ONGC's west India petchem plant - sources

    Saudi Basic Industries Corp (SABIC), the world's No.4 petrochemical company, wants to buy about half of the $4.6-billion Indian petchem project backed by Oil and Natural Gas Corp (ONGC), two sources familiar with the matter said. ONGC is a majority shareholder in ONGC Petro Additions Ltd (OPaL), which operates India's biggest petrochemical plant in western Gujarat state. "They (SABIC} want to have a significant stake in OPaL, around 50 percent," said one of the sources.

  • Reuters20 days ago

    ONGC floats first tender to sell Brazil's ostra crude

    NEW DELHI (Reuters) - India's top explorer Oil and Natural Gas Corp on Friday floated a mini tender to sell Brazil's heavy oil Ostra in June-November, a tender document showed on Friday. The tender will ...

  • India's Petronet LNG aims to partner with ONGC Videsh in Qatar project
    Reuterslast month

    India's Petronet LNG aims to partner with ONGC Videsh in Qatar project

    India's Petronet LNG Ltd wants to partner with ONGC Videsh Ltd (OVL), the overseas arm of India's biggest explorer Oil and Natural Gas Corp Ltd, to pick up a stake in an upcoming exploration and liquefied natural gas (LNG) project in Qatar, a company official said. The project would be Petronet's maiden venture into the natural gas exploration and production business and overseas LNG terminals. "We will be signing a non-confidentiality agreement with QatarGas in the next one week or so, and then evaluate the project," Prabhat Singh, managing director and chief executive officer of Petronet told Reuters at the International Energy Forum on Wednesday.

  • Reuterslast month

    ONGC, Reliance in talks with customers to sell east coast gas

    India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production over the next three years. The plan is to transport the gas from the east coast to the industrial heart belt of western India, an ONGC executive told Reuters. "We want to use the pipeline to reach customers in West India to sell gas from the KG basin.

  • Rigzone.comlast month

    ONGC, Reliance in Talks with Customers to Sell East Coast Gas

    India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production over the next three years.

  • Should You Buy Oil and Natural Gas Corporation Limited (NSE:ONGC)?
    Simply Wall St.2 months ago

    Should You Buy Oil and Natural Gas Corporation Limited (NSE:ONGC)?

    Let’s talk about the popular Oil and Natural Gas Corporation Limited (NSEI:ONGC). The company’s shares received a lot of attention from a substantial price movement on the NSEI in theRead More...

  • Asian oil, gas producers stepping up activity after long lull
    Reuters2 months ago

    Asian oil, gas producers stepping up activity after long lull

    Asia's oil and gas producers are starting to revive projects aimed at deflating years of ballooning energy imports after new investment dried up following the 2014 industry crisis. Spending has so far been driven mainly by state oil companies such as India's ONGC, Thailand's PTTEP and PetroVietnam, which need to produce more oil and gas to ensure their countries' energy security, executives said this week during an industry event in Kuala Lumpur, Malaysia.

  • India Seen Raising Natural Gas Price to Highest in Two Years
    Bloomberg2 months ago

    India Seen Raising Natural Gas Price to Highest in Two Years

    India is poised to lift its domestic natural gas price to the highest in at least two years, boosting earnings of producers like Oil and Natural Gas Corp., according to a survey of analysts and industry ...

  • ONGC shortlists three oil service majors to lift output from two fields
    Reuters3 months ago

    ONGC shortlists three oil service majors to lift output from two fields

    The Oil and Natural Gas Corp (ONGC) is set to hire international oil service giants for the first time to boost output from domestic oil fields in response to a government push to increase local supplies and cut expensive imports. ONGC, India's biggest explorer, has shortlisted U.S. oil service companies Halliburton, Schlumberger and GE subsidiary Baker Hughes to submit proposals on boosting production from two onshore fields, according to a document seen by Reuters. The three companies have until May to submit their proposals for what ONGC is calling a "production enhancement contract" for an oilfield in Assam and another in Gujarat.

  • Rigzone.com3 months ago

    ONGC Short-Lists Three Oil Service Majors To Lift Output From Two Fields

    India's Oil and Natural Gas Corp is set to hire international oil service giants for the first time to boost output from domestic oil fields.

  • Reuters3 months ago

    ONGC third-quarter profit rises, but misses expectations

    (Reuters) - India's top explorer Oil and Natural Gas Corp Ltd reported a 15 percent rise in third-quarter profit on Friday, but missed analysts' expectations. Standalone net profit rose to 50.15 billion ...

  • ONGC raises $2.38 billion from banks to buy refinery stake
    Reuters4 months ago

    ONGC raises $2.38 billion from banks to buy refinery stake

    NEW DELHI (Reuters) - India's top explorer Oil and Natural Gas Corp (ONGC) has secured a $2.83 billion loan from three banks to part fund its $5.8 billion acquisition of state-refiner Hindustan Petroleum ...

  • Reuters4 months ago

    ONGC shares rise on deal to buy majority stake in HPCL

    Shares of Oil and Natural Gas Corp Ltd jumped as much as 6.3 percent on Monday after the explorer said it would buy a majority stake in refiner Hindustan Petroleum Corp Ltd for a smaller premium than expected. The gains, which took ONGC's shares to their highest in nearly one year, came after India's biggest explorer said on Saturday it would pay 369 billion rupees ($5.77 billion) for a 51.1 percent stake in HPCL from the government at 473.97 rupees per share. HPCL shares, however, fell as much as 4.3 percent as the premium paid was only about 14 percent higher than Friday's closing price, smaller than expected.

  • Reuters4 months ago

    India's ONGC to buy majority stake in refiner HPCL for $5.78 billion

    India's biggest explorer Oil and Natural Gas Corp (ONGC) (ONGC.NS) has agreed to buy the government's majority stake in state-refiner Hindustan Petroleum Corp (HPCL.NS) for 369 billion rupees ($5.78 billion or 4.17 billion pounds), ONGC said on Saturday. It will pay a premium of about 14 percent on HPCL's current market price for the 51.1 percent stake, the company said in a statement to the stock exchange. The deal is part of the government's objective to combine various public sector enterprises "to give them the capacity to bear higher risks" and create more value for shareholders, ONGC said.

  • At INR188, Is Oil and Natural Gas Corporation Limited (NSE:ONGC) A Buy?
    Simply Wall St.5 months ago

    At INR188, Is Oil and Natural Gas Corporation Limited (NSE:ONGC) A Buy?

    Oil and Natural Gas Corporation Limited (NSEI:ONGC) saw a double-digit share price rise of over 10% in the past couple of months on the NSEI. As a large-cap stock withRead More...

  • Reuters6 months ago

    Exclusive - Venezuela's PDVSA misses debt payments, used Russian bank to pay ONGC: sources

    Venezuelan state oil-firm PDVSA has not made debt payments to India's top oil producer ONGC (ONGC.NS) for six months, and has previously used a Russian state-owned bank and another Indian energy company as intermediaries to make payments, two sources familiar with the transactions said on Wednesday. ONGC Videsh, the overseas investment arm of ONGC, confirmed that PDVSA had fallen behind on the payments, but declined to give details on the delays. "They have got certain challenges at this stage," ONGC Videsh said in an emailed response to Reuters' questions.

  • ONGC seeking oil assets in other regions amid Iran gas row
    Reuters7 months ago

    ONGC seeking oil assets in other regions amid Iran gas row

    India's ONGC Videsh has turned its focus to buying stakes in overseas producing oil and gas assets to meet output targets after a delay by Iran in awarding development rights for a gas field, its managing director said on Thursday. Indian firms led by ONGC Videsh, the foreign investment arm of Oil and Natural Gas Corp, have been negotiating with Iran for development rights of Farzad B gas field since its discovery in 2008.

  • Rigzone.com11 months ago

    Greka Drilling Secures 3-Year Drilling Deal with ONGC

    Greka Drilling Limited secures a 3 year drilling contract with Oil & Natural Gas Corporation Limited.