Oil & Natural Gas Corporation Limited
Quick Take
- • Trading at 6.7× trailing earnings (5.6× forward)
- • Moderate ROE at 11.7%
- • Low leverage (D/E 0.43)
- • Attractive dividend yield of 6.24%
- • Operating margin 2.9% · Net margin 6.2%
- • Profit growth +21.40% YoY · Beta 0.10
About the company
From latest AR & concallOil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil, natural gas, and value-added products in India and internationally. It operates through Exploration and Production, Refining & Marketing, and Petrochemicals segments. The company offers LPG, naptha, ethane, propane and butane, superior kerosene oil, LSHS, high-speed diesel, aviation turbine fuel, liquefied petroleum gas, light diesel oil, MTO, and other products. It also engages in the refining and marketing of petroleum products; provision of petrochemicals, as well as helicopter services; power generation; LNG supply; pipeline transportation; SEZ development; manufacturing of ethanol and sugar; green and renewable energy business; and operating and chartering of fleets. The company also exports its products. Oil and Natural Gas Corporation Limited was founded in 1955 and is based in New Delhi, India.
