Company Search:
Advanced Search
Sponsored Links
Oando PLC Company Snapshot
Oando Plc., formerly Unipetrol Nigeria Plc., conducts downstream business through a subsidiary, Oando Marketing Plc. The Company's segments are Exploration and production (E&P), which is involved in exploration for and production of oil and gas through acquisition of rights in oil blocks on Nigerian continental shelf and deep offshore; Marketing, Refinery and Terminals, which is involved in marketing and sale of petroleum products; Supply and Trading, which is involved in trading of refined and unrefined petroleum products; Gas and Power, which is involved in the distribution of natural gas through the subsidiaries, Gaslink and Eastern Horizon, and Corporate and others. Oando Marketing Plc. has retail and distribution outlets in Nigeria, Ghana and Togo. In addition, the Company owns approximately 100% interest in Oando Trading Bermuda (OTB) and Oando Supply & Trading (OST). It also operates in the E&P sector through Oando Energy Resources Inc. (OER).

Sales Analysis. Oando PLC reported sales of 161.49 billion Naira (US$529.69 million) for the year ending December of 2015. This represents a sharp decrease of 62.0% versus 2014, when the company's sales were 424.68 billion Naira. Contributing to the drop in overall sales was the 57.0% decline in Energy Services, from 15.51 billion Naira to 6.66 billion Naira. There were also decreases in sales in Supply and Trading (down 32.7% to 180.86 billion Naira) and Marketing (down 27.3% to 153.85 billion Naira) and Corporate and Other (down 25.1% to 12.03 billion Naira) . However, these declines were partially offset by the increase in sales of Exploration and Production (up 39.9% to 89.69 billion Naira) and Gas and Power (up 9.8% to 33.56 billion Naira) .
Company ReportsSubscriptions
Looking For More?
Purchace an In-Depth Report
Oando PLC
  Stock Performance Chart for Oando PLC
  Stock Data: Recent Stock Performance:
  Current Price (1/13/2017): 4.71
(Figures in Naira)
1 Week 0.4%   13 Weeks 8.5%  
4 Weeks -11.3%   52 Weeks 23.9%  
Oando PLC Key Data:
  Ticker: OANDO Country: Nigeria
  Exchanges: OTH Major Industry: Energy
    Sub Industry: Lubricating Oils & Greases
  2015 Sales 161,489,950,000
(Year Ending Jan 2016).
Employees: 477
  Currency: Naira Market Cap: 56,683,054,991
  Fiscal Yr Ends: December Shares Outstanding: 12,034,618,894
  Share Type: Ordinary Closely Held Shares:
Sponsored Links
Feedback | Terms and Conditions | Privacy Policy | Site Index
CorporateInformation® website and selected data Copyright © 2000 - by The Winthrop Corporation. All Rights Reserved. Except for quotations by established news media, no pages on this site may be reproduced, stored in a retrieval system, or transmitted for commercial purposes, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without prior written permission. Information is believed reliable, but accuracy, completeness and opinions are not guaranteed.