Oil & Natural Gas Corporation Limited (ONGC)

Price185.10 -1.60 (-0.86%)52 Week High191.70
ISININE213A0102952 Week Low121.50
IndustryOil Refining/MarketingVolume7.8 M
SectorEnergy MineralsP/E Ratio TTM6.19
Market Cap2.3 T1 Year Beta0.78
Technical Rating of

Oil & Natural Gas Corporation Limited (ONGC) logo

Oil & Natural Gas Corporation Limited (ONGC) is India’s largest oil and gas company. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million).

ONGC’s strong financial performance was driven by the growth of its oil and gas production. The company produced 280 million metric tonnes of oil equivalent (Mtoe) of oil and gas in fiscal year 2022-23, an increase of 5% from the previous year.

In addition to its strong financial performance, ONGC also announced a number of strategic initiatives in fiscal year 2022-23. The company acquired a oil and gas exploration block in the Middle East for ₹1,000 crore (US$120 million), which will help it expand its global footprint. ONGC also launched a new business unit, ONGC NextGen, which focuses on developing and delivering next-generation oil and gas solutions. This business unit will focus on developing technologies that meet the needs of the future.

ONGC’s strategic initiatives are aimed at making the company a global leader in the oil and gas industry. The company is well-positioned to achieve its goals and continue to grow in the coming years.

Some of the key factors driving ONGC’s growth include:

  • The growing demand for oil and gas: The demand for oil and gas is expected to grow by 5% annually in the coming years, driven by the growth of the global economy.
  • ONGC’s strong track record of production: ONGC has a long history of producing oil and gas, and it has a strong track record of meeting its production targets.
  • ONGC’s focus on exploration and production: ONGC is constantly exploring for new oil and gas reserves, and it is committed to increasing its production capacity.

Overall, ONGC is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the coming years due to the factors mentioned above.

In addition to the factors mentioned above, ONGC is also benefiting from the following trends:

  • The increasing demand for natural gas: Natural gas is a cleaner-burning fuel than oil, and it is becoming increasingly popular as a source of energy. ONGC is a major producer of natural gas, and this trend is likely to benefit the company in the coming years.
  • The growth of the shale gas industry: The shale gas industry is growing rapidly, and this is creating new opportunities for ONGC. The company has already entered the shale gas market, and it is well-positioned to benefit from this trend in the coming years.

ONGC is well-positioned to continue to grow in the coming years. The company has a strong management team, a clear vision, and a solid financial foundation. I believe that ONGC has the potential to become a global leader in the oil and gas industry.

          

Oil & Natural Gas Corporation Limited (ONGC) Chart

Technical Analysis of Oil & Natural Gas Corporation Limited (ONGC)

Moving Averages

PeriodSimpleExponential
MA 5186.68186.09
MA 10185.39185.15
MA 20182.10182.81
MA 30180.29180.71
MA 50176.83177.11
MA 100168.86170.56
MA 200159.72162.53

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)71.43Aroon Down (14)0.00
MACD Level (12, 26)3.15MACD Signal (12, 26)3.07
Relative Strength Index (7)53.34Relative Strength Index (14)58.86
Stochastic %D (14 3 3)72.04Stochastic %K (14 3 3)64.98
Stochastic RSI Fast (3, 3, 14, 14)51.93Stochastic RSI Slow (3, 3, 14, 14)70.94
Bollinger Upper Band (20)191.10Bollinger Lower Band (20)173.10
Keltner Channels Upper Band (20)189.92Keltner Channels Lower Band (20)175.70
Donchian Channels Upper Band (20)191.70Donchian Channels Lower Band (20)172.85
Ichimoku Conversion Line (9, 26, 52, 26)185.95Ichimoku Base Line (9, 26, 52, 26)182.25
Ichimoku Leading Span A (9, 26, 52, 26)174.56Ichimoku Leading Span B (9, 26, 52, 26)166.50
Positive Directional Indicator (14)28.08Negative Directional Indicator (14)12.31
Volume Weighted Average Price185.93Volume Weighted Moving Average 20182.80

Oscillator Rating

Oscillators

Awesome Oscillator7.55
Ultimate Oscillator (7,14,28)45.09
Money Flow (14)71.51
Chaikin Money Flow (20)-0.13
Commodity Channel Index (20)65.18
Bull Bear Power3.84

High / Low

1 Month191.70172.80
3 Month191.70155.85
6 Month191.70146.50
52 Week191.70121.50
All Time314.5710.57

Volume

Volume7.8 M
Average 10 D11.8 M
Average 30 D9.8 M
Average 60 D9.2 M
Average 90 D10.5 M

Change/Volatility

Change-1.60 (-0.86%)
Change 1W-1.55 (-0.83%)
Change 1M10.95 (6.29%)
Volatility1.46
Volatility W1.39

Performance

Yesterday25.66
Weekly-3.44
Monthly4.58
3 Month16.42
6 Month21.22
Yearly41.95
5 Year2.27
All Time721.04

Misc.

Average Day Range (14)3.68
Average Directional Index (14)33.31
Average True Range (14)3.51
Williams Percent Range (14)-57.39
Rate Of Change (9)0.35
Hull Moving Average (9)187.43
Momentum (10)3.35
Parabolic SAR183.17

PIVOT POINTS of Oil & Natural Gas Corporation Limited (ONGC)

NameS3S2S1Pivot PointsR1R2R3
Classic157.47166.42170.28175.37179.23184.32193.27
Fibonacci166.42169.84171.95175.37178.79180.90184.32
Camarilla171.69172.51173.33175.37174.97175.79176.61
Woodie's160.97166.24169.92175.19178.87184.14187.82
DeMark's - - 168.35174.40177.30 - -

Financial Analysis of Oil & Natural Gas Corporation Limited (ONGC)

Income Statement

Basic EPS (FY)28.17
Basic EPS (TTM)29.92
EBITDA (Annual YoY Growth)-6.46
EBITDA (Quarterly QoQ Growth)24.98
EBITDA (Quarterly YoY Growth)59.08
EBITDA (TTM)975.7 B
EBITDA (TTM YoY Growth)10.48
EPS Diluted (Annual YoY Growth)-22.15
EPS Diluted (FY)28.17
EPS Diluted (MRQ)7.96
EPS Diluted (Quarterly QoQ Growth)280.41
EPS Diluted (Quarterly YoY Growth)18.41
EPS Diluted (TTM)29.92
EPS Diluted (TTM YoY Growth)-26.88
EPS Forecast (MRQ)8.76
Free Cash Flow (Annual YoY Growth)0.75
Free Cash Flow Margin (FY)7.49
Gross Profit (Annual YoY Growth)10.21
Gross Profit (FY)1.1 T
Gross Profit (MRQ)544.8 B
Gross Profit (Quarterly QoQ Growth)3.23
Gross Profit (Quarterly YoY Growth)16.03
Gross Profit (TTM YoY Growth)14.66
Last Year Revenue (FY)6.3 T
Revenue (Annual YoY Growth)28.65
Revenue per Employee (FY)238.2 M
Revenue (Quarterly QoQ Growth)-0.15
Revenue (Quarterly YoY Growth)-10.43
Revenue (TTM YoY Growth)9.77
Net Income (Annual YoY Growth)-22.15
Net Income (FY)354.4 B
Net Income (Quarterly QoQ Growth)280.41
Net Income (Quarterly YoY Growth)18.41
Net Income (TTM YoY Growth)-26.88
Total Revenue (FY)6.3 T

Valuation

Enterprise Value/EBITDA (TTM)2.41
Number of Employees26,529.00
Number of Shareholders1.5 M
Shares Float3.9 B
Price to Book (FY)0.83
Price to Earnings Ratio (TTM)6.19
Price to Revenue Ratio (TTM)0.35
Price to Sales (FY)0.37
Total Shares Outstanding12.6 B
Research & development Ratio (FY)0.09
Selling & Admin expenses Ratio (FY)4.42
Selling & Admin expenses Ratio (TTM)6.81

Balance Sheet

Total Assets (Annual YoY Growth)4.98
Total Debt (Annual YoY Growth)15.58
Total Liabilities (FY)3.1 T
Cash & Equivalents (FY)57.9 B
Cash and short term investments (FY)370.6 B

Operating Metrics

Dividends

Dividend Yield Forward6.03
Dividends Paid (FY)-176,090,000,000.00
Dividends per share (Annual YoY Growth)7.14
Dividends per Share (FY)11.25

Margins

Net Margin (FY)5.61
Net Margin (TTM)5.65
Gross Margin (FY)17.69
Gross Margin (TTM)30.74
Operating Margin (FY)8.58
Operating Margin (TTM)10.90
Pretax Margin (TTM)8.27

Oil & Natural Gas Corporation Limited (ONGC) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23186.70186.85185.30185.50185.503.6 T25.7 T57.2 M-1,412,950
26-Oct-23187.25188.15186.50186.85186.851.5 T10.7 T6.9 M3.2 M
30-Nov-23188.15188.15187.35187.50187.6522159265.7 T0

Oil & Natural Gas Corporation Limited (ONGC) OPTIONS

Related Companies (Peers) to Oil & Natural Gas Corporation Limited (ONGC)

Price351.95 -3.30 (-0.93%)52 Week High397.90
ISININE029A0101152 Week Low288.05
IndustryOil Refining/MarketingVolume2 M
SectorEnergy MineralsP/E Ratio TTM4.02
Market Cap770.6 B1 Year Beta0.50
Technical Rating of
Bharat Petroleum Corporation Limited (BPCL) is an Indian oil and gas company headquartered in Mumbai, Maharashtra, India. It was incorporated in 1965 as a Public Sector Undertaking (PSU) under the Ministry of Petroleum and Natural Gas, Government of India. BPCL is one of the largest oil and gas companies in India. It has a refining more about Bharat Petroleum Corporation Limited (BPCL)

Price139.95 -0.75 (-0.53%)52 Week High162.00
ISININE172A0102752 Week Low107.40
IndustryOil Refining/MarketingVolume1.3 M
SectorEnergy MineralsP/E Ratio TTM17.13
Market Cap139 B1 Year Beta0.56
Technical Rating of
Castrol India Limited (CASTROLIND) is an Indian company that was founded in 1910. The company is headquartered in Mumbai, Maharashtra, India. CASTROLIND is a leading manufacturer and marketer of lubricants in India. The company’s products are sold under the Castrol brand, which is one of the most popular lubricant brands in India. CASTROLIND has a more about Castrol India Limited (CASTROLIND)

Price518.30 8.85 (1.74%)52 Week High549.40
ISININE178A0101652 Week Low186.60
IndustryOil Refining/MarketingVolume1.4 M
SectorEnergy MineralsP/E Ratio TTM4.46
Market Cap75.9 B1 Year Beta1.89
Technical Rating of
Chennai Petroleum Corporation Limited (CPCL) is a public-sector oil refining and marketing company in India. It is headquartered in Chennai, Tamil Nadu. CPCL was incorporated in 1965 and started operations in 1969. The company’s current installed refining capacity is 10.5 million metric tonnes per annum (MMTPA). CPCL‘s main products are LPG, motor spirit, superior kerosene, more about Chennai Petroleum Corporation Limited (CHENNPETRO)

Price48.70 4.85 (11.06%)52 Week High59.00
ISININE586G0101752 Week Low31.00
IndustryOil Refining/MarketingVolume1.6 M
SectorEnergy MineralsP/E Ratio TTM
Market Cap2.2 B1 Year Beta0.74
Technical Rating of
GP Petroleums Limited (GULFPETRO) is a well-established company with a strong track record in the Indian lubricants industry. The company is a leading manufacturer and marketer of lubricants in India. GULFPETRO has a strong customer base in the Indian automotive, industrial, and marine sectors. GULFPETRO is well-positioned to capitalize on the growing demand for lubricants more about GP Petroleums Limited (GULFPETRO)

Price534.80 -6.80 (-1.26%)52 Week High644.70
ISININE635Q0102952 Week Low398.50
IndustryOil Refining/MarketingVolume62,152
SectorEnergy MineralsP/E Ratio TTM10.73
Market Cap26.6 B1 Year Beta0.12
Technical Rating of
Gulf Oil Lubricants India Limited (GULFOILLUB) is a well-established company with a strong track record in the Indian lubricants industry. The company is a leading manufacturer and marketer of a wide range of lubricants, including engine oils, gear oils, and greases. In addition to its strong track record and client base, Gulf Oil Lubricants India more about Gulf Oil Lubricants India Limited (GULFOILLUB)

Price260.95 -2.50 (-0.95%)52 Week High309.90
ISININE094A0101552 Week Low200.05
IndustryOil Refining/MarketingVolume4.5 M
SectorEnergy MineralsP/E Ratio TTM4.44
Market Cap373.9 B1 Year Beta0.60
Technical Rating of
Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and gas company headquartered in Mumbai, India. It was founded in 1959 and is one of the largest oil companies in India. HPCL has a number of businesses, including: Refining: HPCL has three refineries with a total capacity of 280,000 barrels per day. Marketing: HPCL more about Hindustan Petroleum Corporation Limited (HINDPETRO)

Price94.45 1.00 (1.07%)52 Week High99.40
ISININE103A0101452 Week Low49.25
IndustryOil Refining/MarketingVolume3.2 M
SectorEnergy MineralsP/E Ratio TTM17.35
Market Cap163.8 B1 Year Beta1.33
Technical Rating of
Mangalore Refinery and Petrochemicals Limited (MRPL) is an Indian public sector undertaking that operates a refinery in Mangalore, Karnataka. It was founded in 1982 and is headquartered in Bangalore, Karnataka. MRPL is one of the largest refineries in India. It has a capacity of 310,000 barrels per day (bpd) of crude oil processing. The refinery more about Mangalore Refinery and Petrochemicals Limited (MRPL)

Price277.75 1.70 (0.62%)52 Week High296.95
ISININE274J0101452 Week Low167.85
IndustryOil Refining/MarketingVolume1 M
SectorEnergy MineralsP/E Ratio TTM4.10
Market Cap299.6 B1 Year Beta0.57
Technical Rating of
Oil India Limited (OIL) is India’s second-largest oil and gas company. The company reported strong financial results for the fiscal year 2022-23, with revenue increasing by 25% to ₹5,000 crore (US$600 million) and net profit rising by 30% to ₹1,000 crore (US$120 million). OIL’s strong financial performance was driven by the growth of its oil more about Oil India Limited (OIL)

Price2,354.95 -9.85 (-0.42%)52 Week High2,630.95
ISININE002A0101852 Week Low1,979.13
IndustryOil Refining/MarketingVolume9.6 M
SectorEnergy MineralsP/E Ratio TTM24.60
Market Cap16 T1 Year Beta1.30
Technical Rating of
Reliance Industries Limited (RELIANCE) has reported strong quarterly results for the quarter ended March 31, 2023. The company’s net profit for the quarter was ₹10,000 crore, up from ₹7,000 crore in the same quarter last year. Revenue for the quarter was ₹70,000 crore, up from ₹55,000 crore in the same quarter last year. The company’s more about Reliance Industries Limited (RELIANCE)

Price1,198.15 2.25 (0.19%)52 Week High1,274.40
ISININE484C0103052 Week Low805.15
IndustryOil Refining/MarketingVolume37,003
SectorEnergy MineralsP/E Ratio TTM18.19
Market Cap20.8 B1 Year Beta1.18
Technical Rating of
Tide Water Oil Company (India) Limited (TIDEWATER) is an Indian lubricants company headquartered in Mumbai, India. The company was founded in 1928 and is one of the leading lubricants companies in India. TIDEWATER offers a wide range of lubricants, including: Engine oils: TIDEWATER offers a range of engine oils, including gasoline engine oils, diesel engine more about Tide Water Oil Company (India) Limited (TIDEWATER)

Oil & Natural Gas Corporation Limited (ONGC) Related Indices

The Nifty 50 index is a well-diversified 50 companies index reflecting overall market conditions. Nifty 50 Index is computed using free float market capitalization method. Nifty 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products. Index Variants: Nifty50 USD, Nifty 50 Total Returns Index and Nifty50 Dividend Points Index more about Nifty 50

Nifty 100 is a diversified 100 stock index representing major sectors of the economy. Nifty 100 represents top 100 companies based on full market capitalisation from Nifty 500. This index intends to measure the performance of large market capitalisation companies. The Nifty 100 tracks the behavior of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50. The Nifty 100 Index represents about 77% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016 of all index constituents is approximately 61% of the traded value of all stocks on the NSE. more about Nifty 100

The Nifty 200 Index is designed to reflect the behaviour and performance of large and mid market capitalization companies . Nifty 200 includes all companies forming part of Nifty 100 and Nifty Full Midcap 100 index. The Nifty 200 Index represents about 86% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all index constituents is approximately 77% of the traded value of all stocks on NSE. more about Nifty 200

The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small and microcap segments via a single index. All stocks that are part of Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. Stock’s weight is based on its free-float market capitalization. more about Nifty Total Market

The Nifty 500 represents the top 500 companies based on full market capitalisation and average daily turnover from the eligible universe. It represents about 94% of the free float market capitalization of the stocks listed on NSE as on March 31, 2016. The total traded value for the last six months ending March 2016, of all Index constituents is approximately 87% of the traded value of all stocks on NSE. more about Nifty 500

The Nifty500 Multicap 50:25:25 index aims to measure the performance of portfolio of large, mid and small market capitalisation companies with target weights assigned to each size segment. The Nifty500 Multicap 50:25:25 index includes all companies that are part of Nifty 500 index. While in Nifty 500 index, the total weight of each size segment (Large, Mid and Small cap) is based on the total free float market capitalisation of all stocks falling within that size segment, in Nifty500 Multicap 50:25:25 index, the total weight of each of these three segments (Large, Mid and Small cap) is fixed at 50%, 25% and 25% respectively at every quarterly rebalance date. The weight of 50%, 25% and 25% for the three segments are further divided amongst stocks within the respective segment based on underlying stock’s free float market capitalisation. Weight of each size segment may be different from its respective capped level between two rebalance dates due to price drift of underlying stocks. more about Nifty500 Multicap 50:25:25

The Nifty LargeMidcap 250 reflects the performance of a portfolio of 100 large cap and 150 mid cap companies listed on NSE, represented through the Nifty 100 and the Nifty Midcap 150 index respectively. The aggregate weight of large cap stocks and mid cap stocks is 50% each and are reset on a quarterly basis. The index has a base date of April 01, 2005 and a base value of 1000. The Index is reconstituted on a semi-annual basis along with Nifty 100 and Nifty Midcap 150 index. more about Nifty LargeMidcap 250

The Nifty Oil & Gas Index is designed to reflect the performance of the stocks belonging to Oil, Gas and Petroleum industry. The Nifty Oil & Gas Index comprises of maximum of 15 stocks that are listed on the National Stock Exchange. more about Nifty Oil and Gas

The Nifty Commodities Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the commodities segment which includes sectors such as Oil, Petroleum Products, Cement, Power, Chemical, Sugar, Metals and Mining etc. more about Nifty Commodities

The Nifty Energy Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the commodities segment which includes sectors such as Petroleum, Gas and Power etc. more about Nifty Energy

The Nifty Infrastructure Index is designed to reflect the behavior and performance of a diversified portfolio of companies representing the infrastructure sector which includes companies belonging to Telecom, Power, Port, Air, Roads, Railways, shipping and other Utility Services providers. more about Nifty Infrastructure

The Nifty PSE Index comprises of companies in which 51% of outstanding share capital is held by the Central Government and/or State Government, directly or indirectly. more about Nifty PSE

The Nifty100 Equal Weight Index comprises of same constituents as Nifty 100 Index (free float market capitalization based Index). As the name suggests, all stocks in Nifty 100 index are assigned equal weight at the time of rebalancing. more about Nifty100 Equal Weight

The Nifty Dividend Opportunities 50 Index is designed to provide exposure to high yielding companies The methodology employs a yield driven selection criteria that aims to maximize yield while providing stability and tradability. more about Nifty Dividend Opportunities 50

Nifty50 Equal Weight Index represents an alternative weighting strategy to its market capitalization based parent index, the Nifty 50 Index. The index includes the same companies as its parent index, however, weighted equally. The index has a base date of November 03, 1995 and a base value of 1000. All constituents forming part of the Nifty 50 will form part of the index. more about Nifty50 Equal Weight

The Nifty50 Value 20 Index is designed to reflect the behaviour and performance of a diversified portfolio of value companies forming a part of Nifty 50 Index. This index consists of 20 companies which are selected on the basis of Return on Capital Employed (ROCE), Price-Earnings (PE), Price to Book Value (PB) and Dividend yield (DY) more about Nifty50 Value 20

Leave a Reply

Your email address will not be published. Required fields are marked *

Stock Sectors
Stock Industries