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Oil and Natural Gas Corporation Ltd - 500312 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Schedule of Analyst(s)/ Institutional Investor(s) Meet
14-02-2024
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Oil and Natural Gas Corporation Ltd - 500312 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Schedule of Analyst(s)/ Institutional Investor(s) Meet
14-02-2024
Bigul

Oil and Natural Gas Corporation Ltd - 500312 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that audio recording of subject meet has been uploaded at the website of the Company and may be accessed at https://ongcindia.com/web/eng/audio/video-recordings
12-02-2024

ONGC Expects 5-6% Rise In Oil Production In FY25

The company expects the full-fledged production benefits from the KG 98/2 basin to come into effect in FY26.
12-02-2024
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Q3FY24 Quarterly Result Announced for Oil And Natural Gas Corporation Ltd.

Exploration & Production company Oil And Natural Gas Corporation announced Q3FY24 results: Financial Highlights Consolidated Net Profit: ONGC reported a consolidated net profit of Rs 10,748 crore for Q3FY24. Second Interim Dividend: The company declared a second interim dividend of Rs 4.00 per share, amounting to a total payout of Rs 5,032 crore. Gross Revenue: Gross revenue was reported at Rs 1,65,569 crore for Q3FY24, with a negative variance of 2.2% compared to Q3 FY'23. Net Profit Comparison: Q3FY24 saw a 7.9% decrease in net profit compared to Q3FY23, which stood at Rs 11,665 crore. Realization Per Barrel: For crude oil price-nominated, the realization was $76.44 per barrel, and for the gas price, it was $6.50 per mmbtu. Production Performance Crude Oil: ONGC produced 4.552 MMT of crude oil in FY'24, reflecting a decrease of 2.0% from FY'23. Total Crude Oil: The total crude oil, including condensate, was 5.219 MMT for FY24, a decrease of 3.3%. Natural Gas: The company produced 4.962 BCM of natural gas, a decrease of 3.8% from the previous fiscal year. Value-Added Products: Production of value-added products stood at 613 KT in FY24, decreasing by 4.5% from FY23. Exploratory Performance Discoveries: ONGC declared 9 discoveries within its operated acreages during FY24. Monetized Discoveries: A total of 6 discoveries were monetized during FY24. Awards and Recognitions First Oil from KG-DWN-98/2 Block: The significant commencement of "First Oil" from KG-DWN-98/2 Block was announced. Highest Gas Production: Mandapeta Field reached its highest-ever gas production. Digitalization Initiatives: Inauguration of the Corporate Visualization Center 'ONGC DARPAN' and implementation of B2B integration with NeSL for eBG. Green Energy Subsidiary: ONGC proposed to form a subsidiary company focused on green energy and gas business. Scope Eminence Awards: Received an award in the Environmental Excellence & Sustainable Development category. Asian Oil and Gas Award: ONGC won the 'Offshore Initiative of the Year-India' award. Greentech Environment Awards: IDT recognized for achievements in environmental management. Other Highlights Green Energy Initiatives: ONGC progressed towards its Net-Zero ONGC-2038 vision by working on CCUS R&D; with IIT-B. Block Awards: The company was awarded seven blocks, amounting to 30,341.72 Sq. Km. of area under OALP bid round-VIII. Innovative Technology: Developed 'SPRAS' for stimulation of Western Offshore Carbonate Reservoirs. Result PDF
12-02-2024
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Oil and Natural Gas Corporation Ltd - 500312 - Corporate Action-Board approves Dividend

Declaration of 2nd Interim Dividend for Financial Year 2023-24
10-02-2024
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