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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 (2018 sales of 164.61 billion Naira [US$536.63 million] of which 100% was Petroleum Products Marketing), MRS Oil Nigeria PLC (89.55 billion Naira [US$291.94 million] of which 89% was Retail/C&I), and Conoil Public Limited Company (122.21 billion Naira [US$398.41 million] of which 95% was White Products).

Sales Analysis. During the year ended December of 2018, sales at Forte Oil PLC were 134.70 billion Naira (US$439.14 million). This is an increase of 4.1% versus 2017, when the company's sales were 129.44 billion Naira. Despite this increase, sales are still below the level achieved in 2016, when Forte Oil PLC reported sales of 148.61 billion Naira. The sales level in 2018 was fairly close to the level five years ago: in 2013, Forte Oil PLC had sales of 128.03 billion Naira. Sales of Fuels saw an increase that was more than double the company's growth rate: sales were up 56.2% in 2018, from 78.82 billion Naira to 123.10 billion Naira. Forte Oil PLC also saw significant increases in sales in Lubricants and Greases (up 13.3% to 13.72 billion Naira) and Production Chemicals (up 34.3% to 2.55 billion Naira) . Not all segments of Forte Oil PLC experienced an increase in sales in 2018: sales of Power Generation fell 4.4% to 35.01 billion Naira.
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Forte Oil PLC
  Stock Performance Chart for Forte Oil PLC
  Stock Data: Recent Stock Performance:
  Current Price (10/11/2019): 16.00
(Figures in Naira)
1 Week 8.1%   13 Weeks -3.3%  
4 Weeks -22.7%   52 Weeks -21.0%  
Forte Oil PLC Key Data:
  Ticker: FO Country: Nigeria
  Exchanges: NIG Major Industry: Energy
    Sub Industry: Petroleum Products
  2018 Sales 134,704,409,000
(Year Ending Jan 2019).
Employees: 210
  Currency: Naira Market Cap: 20,880,482,880
  Fiscal Yr Ends: December Shares Outstanding: 1,305,030,180
  Share Type: Ordinary Closely Held Shares:
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