Oando Plc (OANDO.ng) Q32020 Interim Report

Oando Plc (OANDO.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2020 interim results for the third quarter.

For more information about Oando Plc (OANDO.ng) reports, abridged reports, interim earnings results and earnings presentations visit the Oando Plc (OANDO.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Oando Plc (OANDO.ng) in the past 12 months, as of 3rd June 2022, is US$7.33M (NGN5.12B). An average of US$611.07K (NGN426.38M) per month.

Oando Plc 2020 interim results for the third quarter

Company Profile

Oando Plc is the largest integrated energy solutions provider in Nigeria and internationally. The company has onshore and offshore oil and gas exploration operations throughout Africa and trades in crude refined and unrefined petroleum products. Separate operations are responsible for storing, hauling and distributing petroleum and gas products; providing logistics and other services; and managing aviation activities. Oando Trading supplies and trades crude oil and petroleum products which includes naphtha, gasoline, fuel oil, gas oil, kerosene and bitumen. Oando Financial Trading & Hedging offers a highly centralised and financial risk management framework and is active in most financial energy markets worldwide. Oando Shipping & Chartering has access to a global pool of shipping brokers and vessel owners which means it is able to offer highly competitive rates for shipping and chartering services. Established in 1956 and formerly known as Unipetrol Nigeria Plc, the company changed its name to Oando Plc in 2003. Oando Plc is a subsidiary of Ocean and Oil Development Partners Limited. Its head office is in Lagos, Nigeria. Oando Plc is listed on the Nigerian Stock Exchange