These oil and gas stocks are hot pick as crude burns

petroleum corporation limited

However, liquid markets tracking the prices of oil can be discovered through options, futures, oil company stocks, or ETFs. Within India, crude oil trading takes place in the futures market. The list of India’s oil and gas stocks is incomplete without Oil India. Oil India is a PSU oil exploration, and production company, and its business segment includes crude oil, natural gas, LPG, pipeline transportation, renewable energy and others. It seeks to coordinate management of edible oils in the country through a multi-pronged strategy, namely, assessment of the domestic demand for edible oils and its availability from domestic sources.


Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI/FMC. Indian Oil Corporation Limited is engaged in refining business. The Company’s segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.

Performance of Stocks of sector VANASPATI OIL

We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. We do not sell or rent your contact information to third parties. These stocks are often cyclical, meaning there will be phases of outstanding performance and downtrends. The Indian benchmark indices closed higher today as Sensex settled 0.023% higher at 59,846.51 points, while Nifty closed 0.14% higher at 17,624.05 points.

Investor Confidence in Northern Oil and Gas Remains Strong – Best Stocks

Investor Confidence in Northern Oil and Gas Remains Strong.

Posted: Sun, 09 Apr 2023 12:46:08 GMT [source]

For more, please visit the oil and gas index live chart and also check out our oil and gas sector report. Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here’s why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster. Petronet LNG is a government company established to import liquified natural gas.

Net Worth of a Company – What is It, Calculation & Importance

Oil and gas production is highly unpredictable and impacts a company’s profitability. It is also a significantly capital-intensive industry that includes test runs, drilling, heavy machinery etc. This was given in recognition of the company’s strict safety protocols in this high-tech industry.


In addition, it manufactures various kinds of shortening products for bakeries like biscuits, puffs, pastries and other applications. Further, it manufactures refined oils for third party/ contract manufacturing for various renowned brands. On the bright side, the company’s PE ratio is lower than the industry average, its debt-equity ratio is ideal at 0.53. It has a good current ratio of 1.12 and its revenue grew by 18.34%, while its net profit grew by 42.45%, if we conder the average for the last three years. Its clients include ITC, HUL, Dabur, Asian Paints, Patanjali, Colgate, Nestle, Mondelez, Parle, Biocon, Cargill India, Heinz and more. It has India’s second-largest soybean crushing capacity of 4,600 TPD.

biggest IPO’s in India

JM Financial is optimistic about three Indian oil and gas stocks as it expects the oil market to tighten ahead as the EU’s embargo on Russian oil takes full effect by the end of the current year amidst limited OPEC+ spare capacity. The Indian oil and gas stocks are some of the best shares for investing. By oil and gas, we refer to the equity shares of companies involved in mining, refining, and selling oil and gas products. The oil stocks come with the best returns but are also fraught with risks arising from volatile global markets. Let’s explore the best oil and gas stocks in the Indian market. Stocks of edible oil manufacturers zoomed in early trade today after Indonesia, the world’s largest exporter of palm oil, announced a ban on its export from April 28.

With offices in Noida, Uttar Pradesh, Guwahati, and Jodhpur, the centralized public sector undertaking is a Navratna. Meanwhile, in the domestic market, the benchmark indices closed higher today. Sensex settled 0.023% higher at 59,846.51 points, while Nifty closed 0.14% higher at 17,624.05 points. Agro Tech Foods shares gained 2.11 per cent to Rs 873.7 and stock of Gokul Agro Resources rose 5 per cent to Rs 107 in early trade. The Site, and all content, materials, information, software, products and services provided on the Site, are provided on an “as is” and “as available” basis. IndianOil expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement.

Deep Energy is involved in drilling, work-over, air and gas compression, and oil and gas exploration and production. The company’s stock price has moved significantly in the last twelve months. It is the second-largest government-owned downstream oil producer. The company’s activities involve oil exploration and production, and it has participating interest in nine gas fields in the country. However, the risks of gas and oil stocks are also significantly high. Here are a few potential risk factors that investors need to consider before investing in the sector.

The Ministry of Petroleum and Natural Gas is responsible for overseeing the operations of BPCL, which is the second-largest government-owned downstream oil producer in India. It came in at 309 on the 2020 Fortune list of the largest public sector organizations in the world and at 792 on the 2021 Forbes “Global 2000” list. The Corporation is in the business of marketing petroleum products and refining crude oil. Interestingly, Oil ETFs can be Commodities based and also equity-based funds.

On May 5, 2021, the price of sunflower oil was Rs 188 per kg, but it has since dropped to Rs 157 per kg, a 16 percent decrease. Bharat Petroleum welcomes you to be a part of this phenomenal growth and change, where you can merge your aspirations and values with that of ours and work towards fuelling a billion lives. At Bharat Petroleum, we cater to the fuel requirements of around 8000 industries, across the Public & Private sectors and various Govt. Establishments such as Defense, Railways, State Transport Undertakings, State Electricity Boards etc.

Indonesia and Malaysia together account for about 85% of the global palm oil production, and India is one of the largest importers. You might be surprised, but India imports a huge chunk of edible oils of all kinds. Domestic production doesn’t match the demand, but thankfully the budget brings some relief to the industry.

  • Because India imports 56 percent of its domestic consumption, the rise in domestic costs is mostly a reflection of foreign pricing.
  • Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.
  • It is also a significantly capital-intensive industry that includes test runs, drilling, heavy machinery etc.
  • 2022 was a tough year for most stock market investors, with the S&P 500 finishing the year down 20% as inflation and higher interest rates dragged down investor sentiment.
  • Factors such as free cash flow, return on capital and equity, competitive business advantage, scalability of business and valuation shall be the basis for making investments in these stocks.

No worries for refund as the money remains in investor’s account. Rasheed JanMohd, chairman of Pakistan Edible oil Refiners Association said, “Nobody can compensate for the loss of Indonesian palm oil. Every country is going to suffer,” as mentioned in a report in Reuters. In order to measure the performance of PSU it is imperative to have a close watch on indicators such as their share in GDP, capital formation, employment generation etc. By Peter Nurse — U.S. stocks are seen opening largely unchanged Thursday, with investors wary about the health of the U.S. economy ahead of the release of the widely-watched…

Free Stock Market Courses to Learn Everything About Investing and Trading

Moreover, refining demand supply is expected to remain tight due to continued weakness in China’s refining throughput and limited refining spare capacity outside China. FIIs and funds are selling because they have their own compulsions and they need to meet redemption requests back home or from their own unit holders. But for a retail investor who is not leveraged, exiting at this stage does not make sense. On a rolling basis, stocks which come in top 80% of total market-cap are considered largecaps, next 15% midcaps and remaining 5% smallcaps. Having said that, the two key indices to track are the BSE Sensex which contains the list of BSE 30 stocks and the NSE Nifty which contains the list of NSE 50 stocks. However, there are ways in which one can invest in the BSE oil and gas index.

Its activities include debt financing: the definitive guide for small businesses exploration, production, refinement, and development. The central public sector enterprise, the Oil and Natural Gas Corporation is owned by the Ministry of Petroleum and Natural Gas of the Government of India. There are material risks investing in oil ETFs that investors need to know before buying them. The company is also setting up a 3 MT integrated steel plant at Nagarnar, Chhattisgarh. NMDC is 60.79% owned by the government and is a Navaratna under the administrative control of the Ministry of Steel.

Therefore, it could make huge profits due to increased margins. The company has 22 plants, 10 crushing units and 19 refineries across 10 states in India. It has 5,590 distributors who cater to over 16 lakh retail outlets. It has 22 manufacturing units and a reach of 91 million households. It exports edible oil products, FMCG and industry essentials to more than 50 countries.

Leave a Reply

Your email address will not be published. Required fields are marked *