Company Oil and Natural Gas Corporation Limited

Equities

ONGC

INE213A01029

Oil & Gas Exploration and Production

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Oil and Natural Gas Corporation Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Oil Exploration & Production - Offshore

Delayed NSE India Stock Exchange Other stock markets 06:27:43 2023-09-29 am EDT			5-day change	1st Jan Change
191.85 ^INR	+2.35%		+2.76%	+30.73%

Sep. 26	India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025 -sources	RE
Sep. 20	Indian Equities Drop Midweek on Investor Caution Ahead of Policy Decisions from World's Major Central Banks	MT

Oil and Natural Gas Corporation Limited (ONGC) is the Indian leader in exploration and production of crude oil and natural gas. Net sales break down by activity as follows:

- refining and marketing (81%): owned, at the end of March 2022, a refinery in India;

- exploration and production of hydrocarbons (19%): crude oil (21.7 Mt produced in 2021/22), natural gas (21.7 billion m3 produced), liquefied petrol gas (1,049 Kt produced), etc.

India ccounts for 88% of net sales.

Number of employees : 25,993

INR in Million	2022	Weight	2023	Weight	Delta
Refining and Marketing 80.9 %	4,306,890	81.0 %	5,541,106	80.9 %	+28.66%
Exploration and Production 19.1 %	1,010,422	19.0 %	1,306,514	19.1 %	+29.30%
Unallocated 0.0 %	306	0.0 %	672	0.0 %	+119.38%

INR in Million	2022	Weight	2023	Weight	Delta
India 98.3 %	5,144,092	96.7 %	6,730,857	98.3 %	+30.85%
International 1.7 %	173,220	3.3 %	116,763	1.7 %	-32.59%
Unallocated 0.0 %	306	0.0 %	672	0.0 %	+119.38%

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	12,580,279,206	3,874,793,685 ( 30.80 %)	0	30.80 %

Name	Equities	%	Valuation
Government of India 58.89 %	7,408,867,093	58.89 %	15 594 M ₹
Life Insurance Corporation of India (Investment Portfolio) 9.901 %	1,245,539,121	9.901 %	2 622 M ₹
INDIAN OIL CORPORATION LIMITED 7.845 %	986,885,142	7.845 %	2 077 M ₹
ICICI Prudential Asset Management Co. Ltd. 3.464 %	435,830,631	3.464 %	917 M ₹
GAIL INDIA LIMITED 2.451 %	308,401,602	2.451 %	649 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 2.154 %	270,924,742	2.154 %	570 M ₹
The Vanguard Group, Inc. 1.195 %	150,274,155	1.195 %	316 M ₹
SBI Funds Management Ltd. 1.037 %	130,474,673	1.037 %	275 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 0.9739 %	122,514,480	0.9739 %	258 M ₹
Fidelity Management & Research Co. LLC 0.4888 %	61,496,113	0.4888 %	129 M ₹

Name	Equities	%	Valuation
MANGALORE REFINERY AND PETROCHEMICALS LIMITED 71.63%	1,255,354,097	71.63%	1,443,745,086 $
HINDUSTAN PETROLEUM CORPORATION LIMITED 54.90%	778,845,375	54.90%	2,333,631,032 $
INDIAN OIL CORPORATION LIMITED 14.20%	2,005,822,884	14.20%	2,160,251,188 $
PETRONET LNG LIMITED 12.50%	187,500,000	12.50%	487,852,500 $
GAIL INDIA LIMITED 4.97%	326,716,386	4.97%	454,044,296 $

Oil & Natural Gas Corp. Ltd.

Nelson Mandela Road

110070, New Delhi

+91 11 26754073

http://www.ongcindia.com

address Oil and Natural Gas Corporation Limited(ONGC)

Name	Category and Sector	Since
HINDUSTAN PETROLEUM CORPORATION LIMITED	Energy Minerals - Oil Refining/Marketing	2018
MANGALORE REFINERY AND PETROCHEMICALS LIMITED	Energy Minerals - Oil Refining/Marketing	2003
HPCL Biofuels Ltd.	Process Industries - Agricultural Commodities/Milling	2018
ONGC Mangalore Petrochemicals Ltd.	Energy Minerals - Oil & Gas Production	2003
ONGC Videsh Ltd.	Energy Minerals - Oil & Gas Production	1965
Prize Petroleum International Pte Ltd.	Distribution Services - Wholesale Distributors	2018

Trading Rating :

Investor Rating :

ESG Refinitiv :

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

187.45INR

Average target price

191.37INR

Spread / Average Target

+2.09%

Consensus

Estimates Revisions

Company calendar

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Oil Exploration & Production - Offshore

	1st Jan change	Capi. (M$)
OIL AND NATURAL GAS CORPORATION LIMITED	+30.73%	28 364 M $
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ISRAMCO NEGEV 2 LIMITED PARTNERSHIP	+39.63%	1 116 M $
COHEN DEVELOPMENT GAS & OIL LTD.	+59.08%	209 M $
SINO GEOPHYSICAL CO., LTD	+4.02%	782 M $
OKEA ASA	+11.58%	367 M $
AKER ASA	-8.34%	4 536 M $
VAR ENERGI	-7.10%	7 236 M $
ENERGEAN PLC	-12.22%	2 531 M $
MERMAID MARITIME	+8.11%	85 M $

Oil Exploration & Production - Offshore