|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||121.60 - 134.95|
|52 Week Range||115.55 - 185.40|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||5.89|
|Earnings Date||Nov 14, 2019|
|Forward Dividend & Yield||1.75 (1.41%)|
|1y Target Est||211.33|
May 6 (Reuters) - Bumi Armada Bhd: * JV CO GETS NOTIFICATION OF AWARD FROM ONGC, FOR CHARTER HIRE AND OPERATIONS OF ONE FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL * CONTRACT IS FOR A FIXED PERIOD ...
India on Thursday revamped rules for future exploration and production of oil and gas blocks in its efforts to attract private investment and increase domestic production. India imports four out of every five barrels of crude oil it consumes and is likely to shell out more than $100 billion on oil purchases in 2018/19. "The emphasis of the new rules is for raising hydrocarbon production," Dharmendra Pradhan, India's oil minister said in New Delhi.
An Indian high court has set aside an arbitration award of more than 8 billion rupees ($113.19 million) owed to India's Hindustan Petroleum Corp Ltd by Malaysia’s M3nergy, according to a court document reviewed by Reuters. In 2017, state-run HPCL was awarded the amount after an arbitration board found that M3nergy had delayed the finalising of a consortium agreement which led to the termination of an exploration contract with India's Oil and Natural Gas Corp , the Economic Times newspaper reported at the time.
Feb 11 (Reuters) - Sime Darby BHD: * ONGC & SIME DARBY ENGINEERING SIGN AGREEMENT TO SETTLE ALL CLAIMS & COUNTER CLAIMS BETWEEN ONGC & SDE, WITH CONCURRENCE OF SOC * ONGC HAD FULLY PAID SETTLEMENT AMOUNT ...
A final investment decision, commonly called FID, for a massive offshore natural gas block in Mozambique is expected to be ready by March or April, the chairman of Mozambique's national oil company ENH said in New Delhi on Sunday. This is the first time any of the seven partners in the block has given a specific timeline regarding an investment plan for the block, located east of Mozambique's Rovuma basin and called Area 1. An FID for the block could unlock value in one of the world's biggest recent gas discoveries, estimated at 75 trillion cubic feet.
India is looking to expedite discovery efforts to establish the country's shale oil and gas potential and has asked companies to submit a plan, two industry sources said on Sunday. In late 2013, India gave rights to Oil and Natural Gas Corp Ltd to explore for shale oil and gas reserves. In January, India's oil and gas regulator Directorate General of Hydrocarbons (DGH) held a meeting with representatives from various private and government companies to urge them to pursue shale resources in the oil and gas blocks already held by them, a source at the regulator said.
A series of vote-catching measures planned by Indian Prime Minister Narendra Modi as he braces for a difficult general election may cost more than 1 trillion rupees ($14 billion), two sources with direct knowledge of the matter said. Much of the cost of the extra spending or revenue losses would have to be borne by the government that will take charge after the election due by May. The spending is also likely to delay plans to reduce the government's budget deficit, a key indicator of the nation's economic health. Modi's Bharatiya Janata Party (BJP) lost three major state elections at the end of last year, largely due to anger in rural India in the face of low crop prices and rising costs.
MUMBAI (Reuters) - India's ONGC Videsh, the overseas investment arm of the country's biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a company statement said. ONGC ...
India edition will not be published through the year-end holiday season from December 24, 2018 to January 1, 2019. Season’s Greetings and Happy New Year.) To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12202018.pdf If you would like to receive this newsletter via email, please register at: http://financial-risk-solutions.thomsonreuters.info/india-morning FACTORS TO WATCH 11:00 am: Winter Session of Parliament continues in New Delhi. GMF: LIVECHAT - BONDS FOCUS Reuters interest rate reporter Dhara Ranasinghe delves into government bond markets at 6:00 pm IST.
The board of India's top explorer, Oil and Natural Gas Corp Ltd, will consider a proposal this week to list its overseas investment arm, ONGC Videsh Ltd, on domestic bourses, two sources privy to the matter said on Wednesday. "ONGC has a board meeting on Dec. 20 and 21. A proposal for listing of ONGC Videsh will be discussed," one of the sources said.
Dec 6 (Reuters) - Sapura Energy Bhd: * SAPURA ENERGY - UNIT JOINTLY IN CONSORTIUM WITH AFCONS INFRASTRUCTURE GETS CONTRACT FROM OIL AND NATURAL GAS CORPORATION LTD * CONTRACT VALUED AT ABOUT 3 BILLION ...
India's Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela's state oil firm will be regular in making further payments, a senior ONGC official said. "It is a good development," said N. K. Verma, managing director of ONGC Videsh, the overseas investment arm of ONGC.
Oil and Natural Gas Corporation Limited (NSE:ONGC) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic Read More...
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_11052018.pdf If you would like to receive this newsletter via email, please register ...
There are a number of reasons that attract investors towards large-cap companies such as Oil and Natural Gas Corporation Limited (NSE:ONGC), with a market cap of ₹2.0t. Big corporations are Read More...
NEW DELHI (Reuters) - India's Oil and Natural Gas Corp Ltd posted a 61 percent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts. ONGC's net profit stood ...
India's Petronet LNG and ONGC Videsh are jointly in talks about buying a stake in Tellurian Inc's proposed Driftwood project in Louisiana, Petronet's managing director said on Friday. "We have moved slightly forward (from the preliminary discussion stage)... we are evaluating it seriously and we are in serious discussion with them," Prabhat Singh told Reuters in a phone interview. India is expanding its pipeline network and building new liquefied natural gas (LNG) import terminals to boost use of the cleaner fuel in the country.
WASHINGTON/NEW DELHI (Reuters) - Venezuela's state-run PDVSA has shipped a crude cargo valued at $35 million as partial payment to Indian oil company ONGC Videsh Ltd for overdue dividends from a joint venture, according to two people familiar with the matter. The payment is based on an agreement signed in 2016 by PDVSA and ONGC Videsh, the overseas investment arm of India's Oil and Natural Gas Corp (ONGC.NS), to repatriate about $530 million in dividends due from their San Cristobal oil project in Venezuela.
This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock market Read More...
NEW DELHI (Reuters) - India's Oil and Natural Gas Corp Ltd (ONGC) has sought an exemption from a government request to buy back government-held shares in the company as ONGC needs the funds for its own ...