Oil & Natural Gas Corp. Ltd. (IN:ONGC)
:ONGC
ONGC Stock Chart & Stats
₹241.50
₹7.84(2.98%)
At close: 4:00 PM EST
₹241.50
₹7.84(2.98%)
Day’s Range― - ―
52-Week Range₹219.35 - ₹293.15
Previous CloseN/A
Volume42.23M
Average Volume (3M)572.51K
Market Cap
₹3.54T
Enterprise Value₹5.30T
Total Cash (Recent Filing)₹587.31B
Total Debt (Recent Filing)₹1.76T
Price to Earnings (P/E)7.5
Beta0.91
Next Earnings
May 21, 2026EPS Estimate
8.33Next Dividend Ex-DateN/A
Dividend Yield5.21%
Share Statistics
EPS (TTM)7.96
Shares Outstanding12,580,279,000
10 Day Avg. Volume449,677
30 Day Avg. Volume572,506
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)0.91
Price to Sales (P/S)0.47
P/FCF Ratio8.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹343.33Price Target Upside42.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)37.6
Revenue Forecast (FY)₹6.76T
Bulls Say, Bears Say
Bulls Say
Integrated Upstream And Processing OperationsONGC's vertically integrated upstream model (exploration, development, production, processing and marketing) provides durable scale and diversification across onshore/offshore assets. This lowers reliance on a single revenue stream and supports longer‑term cash generation and operational resilience for capital‑intensive projects.
Consistent Revenue Growth TrendSustained revenue growth indicates expanding production or realized sales volumes and underpins margin stability and investment capacity. Over 2–6 months this trend supports the company's ability to fund development projects, amortize fixed costs, and maintain strategic investments in exploration and field maintenance.
Reasonable Leverage And Solid Equity BaseModerate leverage (D/E ~0.55) and a sizable equity ratio provide financial flexibility for capex and cyclical downturns. A double‑digit ROE signals effective capital use, helping sustain long‑term investment in upstream assets without excessive refinancing risk and supporting steady operational funding needs.
Bears Say
Weakened Free Cash Flow GrowthNegative free cash flow growth amid rising capex reduces internally available funds for dividends, debt reduction, or new investments. Over 2–6 months this constrains liquidity cushions, may raise funding needs, and increases sensitivity to commodity price swings when cash buffers are being rebuilt.
Declining Net Profit MarginA falling net margin (now ~5.46%) signals rising costs, taxes, or weaker price realization that compress long‑term earnings power. If persistent, margin erosion limits retained earnings for reinvestment and makes profitability more vulnerable to commodity price volatility and fiscal/regulatory changes.
Negative EPS GrowthMaterial negative EPS growth indicates earnings deterioration or volatility versus prior periods. Persisting negative EPS trends undermine the company's ability to fund investments from earnings and reduce flexibility for shareholder returns, raising longer‑term operational and performance risk.
Oil & Natural Gas Corp. Ltd. News
ONGC FAQ
What was Oil & Natural Gas Corp. Ltd.’s price range in the past 12 months?
Oil & Natural Gas Corp. Ltd. lowest stock price was ₹219.35 and its highest was ₹293.15 in the past 12 months.
What is Oil & Natural Gas Corp. Ltd.’s market cap?
Oil & Natural Gas Corp. Ltd.’s market cap is ₹3.54T.
When is Oil & Natural Gas Corp. Ltd.’s upcoming earnings report date?
Oil & Natural Gas Corp. Ltd.’s upcoming earnings report date is May 21, 2026 which is in 43 days.
How were Oil & Natural Gas Corp. Ltd.’s earnings last quarter?
Oil & Natural Gas Corp. Ltd. released its earnings results on Feb 12, 2026. The company reported ₹7.96 earnings per share for the quarter, beating the consensus estimate of ₹5.826 by ₹2.134.
Is Oil & Natural Gas Corp. Ltd. overvalued?
According to Wall Street analysts Oil & Natural Gas Corp. Ltd.’s price is currently Undervalued.
Does Oil & Natural Gas Corp. Ltd. pay dividends?
Oil & Natural Gas Corp. Ltd. pays a Quarterly dividend of ₹6 which represents an annual dividend yield of 5.21%. See more information on Oil & Natural Gas Corp. Ltd. dividends here
What is Oil & Natural Gas Corp. Ltd.’s EPS estimate?
Oil & Natural Gas Corp. Ltd.’s EPS estimate is 8.33.
How many shares outstanding does Oil & Natural Gas Corp. Ltd. have?
Oil & Natural Gas Corp. Ltd. has 12,580,279,000 shares outstanding.
What happened to Oil & Natural Gas Corp. Ltd.’s price movement after its last earnings report?
Oil & Natural Gas Corp. Ltd. reported an EPS of ₹7.96 in its last earnings report, beating expectations of ₹5.826. Following the earnings report the stock price went up 0.601%.
Which hedge fund is a major shareholder of Oil & Natural Gas Corp. Ltd.?
Currently, no hedge funds are holding shares in IN:ONGC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Oil & Natural Gas Corp. Ltd.
Oil and Natural Gas Corporation Limited explores for, develops, and produces crude oil and natural gas in India and internationally. It operates through two segments, Exploration and Production, and Refining & Marketing. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, butane, ethane/propane, naphtha, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, and diesel. In addition, it generates electric power through 726.6 megawatts (MW) gas-based power project in Tripura; a 51 MW wind power project in Bhuj, Gujarat; and a 102 MW wind power project in Jaisalmer, Rajasthan, as well as generates solar power through a total installed capacity of 31.3 MW. The company was incorporated in 1993 and is based in New Delhi, India.
ONGC Stock 12 Month Forecast
Average Price Target
₹343.33
▲(42.17% Upside)
Technical Analysis
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