Oil and Natural Gas Past Earnings Performance
Past criteria checks 3/6
Oil and Natural Gas has been growing earnings at an average annual rate of 24.1%, while the Oil and Gas industry saw earnings growing at 27.3% annually. Revenues have been growing at an average rate of 13.2% per year. Oil and Natural Gas's return on equity is 13.5%, and it has net margins of 6.9%.
Key information
24.1%
Earnings growth rate
24.2%
EPS growth rate
| Oil and Gas Industry Growth | 23.5% |
| Revenue growth rate | 13.2% |
| Return on equity | 13.5% |
| Net Margin | 6.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50
Aug 09
Oil and Natural Gas Corporation Limited (NSE:ONGC) Full-Year Results: Here's What Analysts Are Forecasting For This Year
May 23Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall
Apr 09Calculating 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 02Revenue & Expenses Breakdown
How Oil and Natural Gas makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 6,457,902 | 445,134 | 94,501 | 0 |
| 31 Mar 24 | 5,914,471 | 492,214 | 23,556 | 0 |
| 31 Dec 23 | 5,878,298 | 419,399 | 49,019 | 0 |
| 30 Sep 23 | 5,914,734 | 430,725 | 51,621 | 0 |
| 30 Jun 23 | 6,132,558 | 376,377 | 48,375 | 0 |
| 31 Mar 23 | 6,323,260 | 367,093 | 25,383 | 0 |
| 31 Dec 22 | 6,361,888 | 422,753 | 30,078 | 0 |
| 30 Sep 22 | 6,126,491 | 417,179 | 19,760 | 0 |
| 30 Jun 22 | 5,660,587 | 514,735 | 22,100 | 0 |
| 31 Mar 22 | 4,913,005 | 455,221 | 21,606 | 0 |
| 31 Dec 21 | 4,334,476 | 443,760 | 21,914 | 0 |
| 30 Sep 21 | 3,880,509 | 359,625 | 23,897 | 0 |
| 30 Jun 21 | 4,062,119 | 221,180 | 85,708 | 0 |
| 31 Mar 21 | 3,038,922 | 163,044 | 21,506 | 0 |
| 31 Dec 20 | 3,226,197 | 9,061 | 19,162 | 0 |
| 30 Sep 20 | 3,317,969 | 32,420 | 17,626 | 0 |
| 30 Jun 20 | 3,779,517 | 42,559 | 71,069 | 0 |
| 31 Mar 20 | 3,967,626 | 108,036 | 20,554 | 0 |
| 31 Dec 19 | 4,007,536 | 214,270 | 39,059 | 0 |
| 30 Sep 19 | 4,086,160 | 259,063 | 39,643 | 0 |
| 30 Jun 19 | 4,205,330 | 289,014 | 38,586 | 0 |
| 31 Mar 19 | 4,216,259 | 305,460 | 26,556 | 0 |
| 31 Mar 18 | 3,227,058 | 221,059 | 31,711 | 0 |
| 31 Mar 17 | 2,825,061 | 244,193 | 28,628 | 0 |
| 31 Mar 16 | 1,240,742 | 128,752 | 23,274 | 0 |
| 31 Mar 15 | 1,612,117 | 183,335 | 26,081 | 0 |
| 31 Mar 14 | 1,744,771 | 265,065 | 85,485 | 6,014 |
Quality Earnings: ONGC has high quality earnings.
Growing Profit Margin: ONGC's current net profit margins (6.9%) are higher than last year (6.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ONGC's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: ONGC's earnings growth over the past year (18.3%) is below its 5-year average (24.1% per year).
Earnings vs Industry: ONGC earnings growth over the past year (18.3%) did not outperform the Oil and Gas industry 23%.
Return on Equity
High ROE: ONGC's Return on Equity (13.5%) is considered low.