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Forte Oil PLC Company Snapshot
Forte Oil PLC operates within the Petroleum products sector. In addition to historical fundamental analyses, the complete report available to purchase compares Forte Oil PLC with three other companies in this sector in Nigeria: 11 PLC (2016 sales of 94.11 billion Naira [US$307.73 million] of which 100% was Petroleum Products Marketing), MRS Oil Nigeria PLC (109.64 billion Naira [US$358.51 million] of which 88% was Retail/C&I), and Conoil Public Limited Company (85.02 billion Naira [US$278.03 million] of which 94% was White Products).

Sales Analysis. During the year ended December of 2016, sales at Forte Oil PLC were 148.61 billion Naira (US$485.94 million). This is an increase of 19.2% versus 2015, when the company's sales were 124.62 billion Naira. Despite this increase, sales are still below the level achieved in 2014, when Forte Oil PLC reported sales of 170.13 billion Naira. Sales of Lubricants and Greases saw an increase that was more than double the company's growth rate: sales were up 85.7% in 2016, from 6.17 billion Naira to 11.46 billion Naira. Forte Oil PLC also saw significant increases in sales in Power Generation (up 26.1% to 12.94 billion Naira) . Not all segments of Forte Oil PLC experienced an increase in sales in 2016: sales of Production Chemicals fell 32.8% to 2.60 billion Naira. (However, this segment's sales were only a very small portion of the company's overall sales).
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Forte Oil PLC
  Stock Performance Chart for Forte Oil PLC
  Stock Data: Recent Stock Performance:
  Current Price (1/19/2018): 51.78
(Figures in Naira)
1 Week -1.6%   13 Weeks 19.1%  
4 Weeks 16.0%   52 Weeks -22.1%  
Forte Oil PLC Key Data:
  Ticker: FO Country: Nigeria
  Exchanges: NIG Major Industry: Energy
    Sub Industry: Petroleum Products
  2016 Sales 148,605,261,000
(Year Ending Jan 2017).
Employees: 217
  Currency: Naira Market Cap: 67,574,462,720
  Fiscal Yr Ends: December Shares Outstanding: 1,305,030,180
  Share Type: Ordinary Closely Held Shares:
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