Description

Conoil Plc is a petroleum exploration and production company in Nigeria that extracts, produces and sells crude oil as well as supplies a range of lubricants and household and liquefied petroleum gas for use by the domestic and industrial sectors. The company supplies what is referred to as White products, which is premium motor spirts, aviation turbine kerosene, dual purpose kerosene, low-pour fuel oil and automotive gasoline/grease oil. Products in its lubricant range include transport lubricants, industrial lubricants, greases, process oil and bitumen. Products in its liquefied petroleum gas range include liquefied petroleum gas sold in bulk, gas-packed, cylinders and valves. Established in 1984 and formerly known as Consolidated Oil Nigeria Limited, the company changed its name to Conoil Producing Plc. The company has exploration licenses for 6 highly prospective blocks in the Niger Delta which it acquired and paid for after competitive bidding rounds organised by the Federal Government of Nigeria. Conoil Producing has discovered hydrocarbon offshore southeast of Niger Delta and initial logging interpretations is looking promising. Conoil Plc’s head office is in Lagos, Nigeria.

Conoil Plc is listed on the Nigerian Stock Exchange

News & Corporate Announcements

Conoil Plc (CONOIL.ng) Share Chart

Trading Update

Activity

SalesNGN 16.90
ValueNGN 2,121,423.20
Volume125,528
Market capNGN 11,727,790,777
Shares issued693,952,117

Performance

Today1.50 / 9.74%
52 week highNGN 23.80
52 week lowNGN 15.15
52 week change-24.89%
Year to date-27.31%

Market Info

CurrencyNGN
Founded1970
Listed01st January, 1989
Year endDecember
IndexNigeria All Share Index (XNGALL.ng)

Dividends