Oil And Natural Gas Corporation Ltd. News and Updates

Name: Latest research reports of Oil And Natural Gas Corporation Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Oil And Natural Gas Corporation Ltd.
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Author: Emkay

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Oil And Natural Gas Corporation Ltd.

10 Dec 2024

242.42

2.90%

ONGC Share Price Declines As HSBC Slashes Target Price, Maintains 'Reduce' Rating

NDTV Profit

While the gas pricing changes would improve ONGC's profitability marginally, the ongoing decline in oil production is a more pressing concern, HSBC said.

Oil And Natural Gas Corporation Ltd. is trading below its 50 day SMA of 244.0

Oil And Natural Gas Corporation Ltd.

03 Dec 2024

242.42

2.90%

ONGC Increases Stake In Petrochemical Subsidiary By Investing Rs 10,501 Crore

NDTV Profit

The move was made to facilitate the goal for further vertical integration of ONGC to downstream petrochemicals.

Number of FII/FPI investors decreased from 884 to 817 in Dec 2024 qtr

Oil And Natural Gas Corporation Ltd.

29 Nov 2024

242.42

2.90%

ONGC Videsh Invests $60 Million For Additional Stake In Azerbaijan Oil Field

NDTV Profit

The ACG field is a super-giant offshore oil field located in the Caspian Sea.

Number of FII/FPI investors decreased from 884 to 817 in Dec 2024 qtr

Oil And Natural Gas Corporation Ltd.

29 Nov 2024

242.42

2.90%

Fishing vessel-submarine collision: Bodies of 2 crew members recovered

Business Standard

The bodies of two crew members who went missing after a fishing vessel collided with a submarine have been recovered from the Arabian Sea off the Goa coast, a senior naval official said on Friday. The fishing vessel, Marthoma, sank after colliding with the submarine of the Indian Navy at about 70 nautical miles off the shore last week, triggering a massive operation to trace the two crew members. In a joint operation involving the Navy, Indian Coast Guard and Oil and Natural Gas Corporation Limited (ONGC) on Thursday, the mortal remains of the missing crew members were recovered from the seabed near the shipwreck, an Indian Navy spokesperson said. The boat had sunk after colliding with an Indian Navy submarine on November 21. Eleven of the 13 crew were rescued on the same day by Indian Navy ships, while two persons had remained missing, he said. The official said that the Indian Navy and Coast Guard jointly undertook a week-long search, which helped localise the fishing boat's...

Geojit BNP Paribas decreased Buy price target of Oil And Natural Gas Corporation Ltd. to 261.0 on 07 Mar, 2025.

Oil And Natural Gas Corporation Ltd.

28 Nov 2024

242.42

2.90%

ONGC awaits mining lease for new oil field discoveries in WB's Ashokenagar

Business Standard

State-owned Oil and Natural Gas Corporation (ONGC) has made four more discoveries since it first made an oil field near Asokenagar in West Bengal six years back but is still awaiting the state government's nod for a petroleum mining lease to develop them, Oil Minister Hardeep Singh Puri said on Thursday. ONGC notified the first Asokenagar discovery in Block WB-ONN-2005/4 on September 24, 2018, Puri said in a written reply to a question in Lok Sabha. The discovery, he said was the outcome of continuous exploration efforts of ONGC in the Bengal sedimentary basin over five decades. As per initial laboratory studies, crude oil, which is refined into fuels like petrol and diesel, discovered in the Ashokenagar discovery is a light variety with American Petroleum Institute (API) gravity of 40-41 degrees and is almost similar to Bombay High and Brent Crude. "ONGC, accordingly, applied on September 10, 2020, to the Government of West Bengal for a grant of Petroleum Mining Lease (PML) for an

Number of FII/FPI investors decreased from 884 to 817 in Dec 2024 qtr

Oil And Natural Gas Corporation Ltd.

24 Nov 2024

242.42

2.90%

ONGC wants to tread cautiously for developing Deen Dayal gas fields

Business Line

For ONGC the field weighs heavy financially too as it has spent substantial amount in trying to bring the field to production

Oil And Natural Gas Corporation Ltd. is trading above its 30 day SMA of 234.1

Oil And Natural Gas Corporation Ltd.

13 Nov 2024

242.42

2.90%

ONGC to soon open 5 wells in KG basin to boost gas, crude output in H2FY25

Business Standard

Of the six announced discoveries so far in FY25, one has been monetised so far

Oil And Natural Gas Corporation Ltd. is trading above its 30 day SMA of 234.1

ONGC Q2 Results Review - Production Decline Continues, Other Income Boosts Earnings: Dolat Capital

NDTV Profit | 13 Nov 2024 6 more

Oil And Natural Gas Corporation Ltd.

12 Nov 2024

242.42

2.90%

to see Rapid results content

Oil And Natural Gas Corporation Ltd.

12 Nov 2024

242.42

2.90%

KG-98/2 ramp-up underway; retain BUY

Buy: Oil And Natural Gas Corpor...

Target

Emkay

ONGC’s Q2FY25 SA EBITDA came in at Rs170.3bn, a 9% beat to our estimate, led by lower-than-expected survey-dry wells expense and levies.

Geojit BNP Paribas decreased Buy price target of Oil And Natural Gas Corporation Ltd. to 261.0 on 07 Mar, 2025.

Oil And Natural Gas Corporation Ltd.

12 Nov 2024

242.42

2.90%

Volume growth key catalyst in FY26

Buy: Oil And Natural Gas Corpor...

Target

Motilal Oswal

ONGC’s reported EBITDA stood at INR182b (flat YoY) in 2QFY25, in line with our estimate. PAT was 30% above our estimate, mainly aided by higherother income.