Oil and Natural Gas Future Growth
Future criteria checks 1/6
Oil and Natural Gas is forecast to grow earnings and revenue by 7% and 3.5% per annum respectively. EPS is expected to grow by 6.8% per annum. Return on equity is forecast to be 14.5% in 3 years.
Key information
7.0%
Earnings growth rate
6.8%
EPS growth rate
| Oil and Gas earnings growth | 5.0% |
| Revenue growth rate | 3.5% |
| Future return on equity | 14.5% |
| Analyst coverage | Good |
| Last updated | 13 Apr 2024 |
Recent future growth updates
Recent updates
Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall
Apr 09
Calculating The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)
Mar 19Oil and Natural Gas (NSE:ONGC) Is Doing The Right Things To Multiply Its Share Price
Dec 27A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)
Dec 06Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹5.75
Nov 13There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital
Sep 18Oil and Natural Gas' (NSE:ONGC) Dividend Will Be Reduced To ₹0.50
Aug 10Here's Why Oil and Natural Gas (NSE:ONGC) Has A Meaningful Debt Burden
Jul 09A Look At The Intrinsic Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)
Jun 18There's Been No Shortage Of Growth Recently For Oil and Natural Gas' (NSE:ONGC) Returns On Capital
May 28A Look At The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)
Mar 18Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹4.00
Feb 17Oil and Natural Gas (NSE:ONGC) Has A Somewhat Strained Balance Sheet
Jan 30Oil and Natural Gas (NSE:ONGC) Is Increasing Its Dividend To ₹6.75
Nov 21Is There An Opportunity With Oil and Natural Gas Corporation Limited's (NSE:ONGC) 44% Undervaluation?
Oct 31A Look At The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)
Aug 02These 4 Measures Indicate That Oil and Natural Gas (NSE:ONGC) Is Using Debt Extensively
Jul 06Oil and Natural Gas Corporation Limited's (NSE:ONGC) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 19Oil and Natural Gas (NSE:ONGC) Seems To Use Debt Quite Sensibly
Mar 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2026 | 6,523,947 | 524,704 | 431,604 | N/A | 17 |
| 3/31/2025 | 6,372,986 | 501,900 | 405,444 | N/A | 19 |
| 3/31/2024 | 6,343,135 | 506,208 | 373,833 | N/A | 19 |
| 12/31/2023 | 5,878,298 | 419,399 | N/A | N/A | N/A |
| 9/30/2023 | 5,914,734 | 430,725 | 594,026 | 1,128,774 | N/A |
| 6/30/2023 | 6,132,558 | 376,377 | N/A | N/A | N/A |
| 3/31/2023 | 6,323,260 | 354,405 | 352,074 | 842,113 | N/A |
| 12/31/2022 | 6,361,888 | 422,753 | N/A | N/A | N/A |
| 9/30/2022 | 6,126,491 | 417,179 | 238,173 | 680,958 | N/A |
| 6/30/2022 | 5,660,587 | 514,735 | N/A | N/A | N/A |
| 3/31/2022 | 4,913,005 | 455,221 | 337,217 | 782,482 | N/A |
| 12/31/2021 | 4,334,476 | 443,760 | N/A | N/A | N/A |
| 9/30/2021 | 3,880,509 | 359,625 | 131,638 | 554,310 | N/A |
| 6/30/2021 | 4,062,119 | 221,180 | N/A | N/A | N/A |
| 3/31/2021 | 3,038,922 | 163,044 | 42,009 | 471,852 | N/A |
| 12/31/2020 | 3,226,197 | 9,061 | N/A | N/A | N/A |
| 9/30/2020 | 3,317,969 | 32,420 | 110,030 | 646,207 | N/A |
| 6/30/2020 | 3,779,517 | 42,559 | N/A | N/A | N/A |
| 3/31/2020 | 3,967,626 | 108,036 | 156,081 | 705,930 | N/A |
| 12/31/2019 | 4,007,536 | 214,270 | N/A | N/A | N/A |
| 9/30/2019 | 4,086,160 | 259,063 | 147,985 | 603,655 | N/A |
| 6/30/2019 | 4,205,330 | 289,014 | N/A | N/A | N/A |
| 3/31/2019 | 4,216,259 | 305,460 | 186,654 | 614,576 | N/A |
| 3/31/2018 | 3,227,058 | 221,059 | 118,494 | 567,921 | N/A |
| 3/31/2017 | 2,825,061 | 244,193 | N/A | 457,805 | N/A |
| 3/31/2016 | 1,240,742 | 128,752 | N/A | 462,925 | N/A |
| 3/31/2015 | 1,612,117 | 183,335 | N/A | 339,504 | N/A |
| 3/31/2014 | 1,744,771 | 265,065 | N/A | 532,704 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ONGC's forecast earnings growth (7% per year) is above the savings rate (6.7%).
Earnings vs Market: ONGC's earnings (7% per year) are forecast to grow slower than the Indian market (18% per year).
High Growth Earnings: ONGC's earnings are forecast to grow, but not significantly.
Revenue vs Market: ONGC's revenue (3.5% per year) is forecast to grow slower than the Indian market (10.3% per year).
High Growth Revenue: ONGC's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ONGC's Return on Equity is forecast to be low in 3 years time (14.5%).