Oil and Natural Gas

Analysts Adjust Price Target for Oil and Natural Gas as Growth Outlook Remains Cautious

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Nov 24

Updated

20 Dec 25

Views

305

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-8.2%

7D

-2.4%

Loading

1Y

-8.2%

7D

-2.4%

You can edit this narrative until Dec 21 10:05 AM. Then, changes will post as Updates.

Author's Valuation

₹276.912.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 20 Dec 25

Fair value Decreased 0.86%

ONGC: Future Cash Flows Will Support Long-Term Shareholder Upside

Analysts have modestly reduced their price target on Oil and Natural Gas to approximately $277 from about $279, reflecting slightly softer long term revenue growth and profit margin assumptions. They also note that the company remains well positioned in key end markets and benefits from ongoing secular demand trends.

Shared on 06 Dec 25

ONGC: Future Cash Flows Will Support Strong Shareholder Returns

Analysts made a modest adjustment to their oil and natural gas price target, reflecting a slightly higher discount rate. This was driven by cautious expectations for only incremental improvements in long term growth and profitability, even as secular demand trends and potential upside risks in industrial and auto related end markets remain intact.

Shared on 22 Nov 25

Fair value Increased 3.56%

ONGC: Revenue Momentum And Margin Gains Will Drive Future Performance

The analyst price target for oil and natural gas has been raised by nearly $10 to $279.30. This change reflects updated expectations for stronger revenue growth and slightly improved profit margins according to analysts.

Shared on 06 Nov 25

ONGC: Sector Resilience And Demand Trends Will Shape Performance Amid Cautious Outlook

The Analyst Price Target for the oil and natural gas sector has been updated, reflecting a modest adjustment informed by analysts citing tempered demand trends and ongoing industry positioning. Analyst Commentary Recent analyst commentary on the oil and natural gas sector highlights a diverse range of perspectives regarding the near-term outlook for the industry.

Shared on 22 Oct 25

Fair value Decreased 0.17%

The analyst price target for Oil and Natural Gas was modestly reduced from $270.14 to $269.69. Analysts cited slower revenue growth and a muted recovery outlook as drivers for the adjustment.

Shared on 08 Oct 25

Fair value Decreased 1.20%

The analyst price target for oil and natural gas was reduced slightly from $273.41 to $270.14. Analysts cited continued margin headwinds and muted recovery expectations due to channel inventory build and ongoing manufacturing rationalization.

Shared on 04 Sep 25

The consensus analyst price target for Oil and Natural Gas was held steady at ₹273.41, as analysts balanced improving auto and industrial trends and robust AI demand against ongoing margin pressures, muted near-term recovery, and concerns about overexposure to the auto sector. Analyst Commentary Auto and industrial segments are showing mixed but improving trends, with China EV pipeline remaining resilient while U.S. and European auto demand lags.

Shared on 01 May 25

Fair value Decreased 16%

Shared on 23 Apr 25

Fair value Decreased 1.21%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 1.36%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 0.46%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 10%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 0.65%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 8.10%

AnalystConsensusTarget has increased revenue growth from 3.7% to 5.1%.

AnalystConsensusTarget Fair Value

₹276.9

12.5% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

1.85%

Oil and Gas revenue growth rate

0.93%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

13.04%

Calculation

₹525.34b

Earnings '28

x

9.52x

PE Ratio '28

=

₹5.00t

Market Cap '28

₹5.00t

Market Cap '28

/

12.52b

No. shares '28

=

₹399.54

Share Price '28

₹399.54 Share Price '28

Discounted to 2025 @ 13.00% p.a.

=

₹276.90

Fair Value '25