ongc

Kotak Equities bearish on OMCs, reiterates 'buy' call for GAIL and ONGC

Kotak believes it is safer to avoid downstream PSUs (BPCL, HPCL and IOCL) in the near term, as current valuations ignore potential risks

Govt puts Pawan Hans strategic sale on hold till election

The government holds 51 percent stake in helicopter service provider Pawan Hans, and the remaining 49 percent is with ONGC. Investors had time till March 6 to put in their financial bids for up to 100 percent stake in Pawan Hans.

HPCL continues not to recognise ONGC as promoter; to face real test in selection of directors

ONGC in January last year bought the government's entire 51.11 percent stake in HPCL for Rs 36,915 crore. HPCL thereafter became its subsidiary but HPCL management has continuously refused to recognise ONGC as its promoter.

ONGC arrests fall in oil output from onshore wells, posts higher growth despite vintage fields

ONGC has in recent times faced immense pressure from the government, which has blamed it for the continuing decline in the country's output.

ONGC Q4 PAT may dip 12.7% YoY to Rs. 5,163.7 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.7 percent Y-o-Y (down 9.4 percent Q-o-Q) to Rs. 25,086.2 crore, according to Prabhudas Lilladher.

ONGC Q4 PAT may dip 19% YoY to Rs. 4,774.1 cr: Kotak

Net Sales are expected to increase by 6 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 25,340.7 crore, according to Kotak.

ONGC gas output jumps 6.5% to record high in FY19

The growth rate was higher than the global average of 3-4 percent year-on-year.

Buy ONGC; target of Rs 196: Motilal Oswal

Motilal Oswal is bullish on ONGC has recommended buy rating on the stock with a target price of Rs 196 in its research report dated March 28, 2019.

Opinion | Did the government really achieve its disinvestment target?

Raiding the balance sheet of PSUs and forcing them to buy other state-owned companies will not help in the long run and is best avoided

IOC pays 2nd interim dividend; ONGC to consider on March 23

The government owns 53.88 per cent stake in IOC and stands to get about Rs 761 crore, excluding dividend distribution tax.

ONGC's Mumbai High, Vasai East came close to being sold, stopped after opposition

This was a second attempt to take away some of the fields of ONGC for giving to private and foreign companies.

Cash Market | A bullish harmonic pattern in ONGC

A bullish pattern in ONGC just above the support line offers a good risk reward trade.

CPSE ETF additional sale on March 19; govt to raise over Rs 3,500 cr

The proceeds from the ETF sale will help the government move towards meeting the Rs 80,000 crore disinvestment target set for the current fiscal.

L&T arm bags order from ONGC

The engineering and construction company, however, did not provide the exact value of the contract; but as per its project classification, the value of the contracts was in "significant" category which is valued in the range of Rs 1,000 crore to Rs 2,500 crore.

ONGC wins back Chinnewala Tibba gas field; contracts signed for 23 oil & gas fields under DSF-II

ONGC won back five out of the 23 discovered oil and gas fields that the government took away from the state-owned firm and Oil India Ltd (OIL) for auctioning in the second round of discovered small field (DSF).

Dharmendra Pradhan inaugurates & lays foundation of several oil & gas projects in Tripura

The Petroleum and Natural Gas minister said Prime Minister Narendra Modi is focused on improving the standard of living for the people of North East.

Options Trade | An Iron Condor trade in ONGC

High volatility and high theta likely to benefit Iron Condor in ONGC.

Govt asks ONGC, OIL to sell out 66 fields to pvt firms

They have been allowed to retain another 52 fields (49 by ONGC and 3 by OIL) where enhanced oil recovery or improved oil recovery programmes are already under implementation and they were put on production in the last four years.

Brokerage calls: UBS bullish on most pvt banks; HSBC advises buy ONGC, Oil India

Yes Bank and Pujab National Bnak are UBS's least preferred stocks in the financials space.

Buy ONGC, Oil India after Q3 earnings, as gas production & prices to drive growth: HSBC

Current oil prices put them in a sweet spot, HSBC said, adding rising gas production & gas prices are expected to drive earnings growth.

ONGC Standalone December 2018 Net Sales at Rs 27,694.09 crore, up 20.43% Y-o-Y

D-Street Buzz: Nifty Pharma underperforms dragged by Glenmark, Sun Pharma; ONGC jumps 4%

The breadth of the market favoured the declines with 590 stocks advancing and 945 declining while 505 remained unchanged. On the BSE, 646 stocks advanced, 869 declined and 84 remained unchanged.

ONGC jumps 3% on strong December quarter earnings

ONGC posted a net profit of Rs 8,263 crore for the third quarter, a jump of almost 65 percent from the same quarter last year.

ONGC third-quarter profit beats estimate

ONGC's profit stood at Rs 82.63 billion ($1.16 billion) in the quarter ended December 31, compared with Rs 50.15 billion a year earlier, the oil and gas explorer said in a stock exchange filing.

ONGC Q3 profit, realisation likely to decline sequentially due to lower oil prices

According to Antique Stock Broking, the net crude realisation for ONGC in Q3FY19 is estimated at around $67-68 a barrel (versus $73-76 in Q2FY19 and around $50-61 in Q3FY18)