company background image

Conoil NGSE:CONOIL Stock Report

Last Price


Market Cap







28 Feb, 2024


Company Financials

CONOIL Stock Overview

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria.

CONOIL fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance5/6
Financial Health3/6

Conoil Plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Conoil
Historical stock prices
Current Share Price₦101.00
52 Week High₦112.50
52 Week Low₦38.00
1 Month Change-9.98%
3 Month Change16.76%
1 Year Change115.58%
3 Year Change434.39%
5 Year Change339.13%
Change since IPO388.71%

Recent News & Updates

Recent updates

Shareholder Returns

CONOILNG Oil and GasNG Market

Return vs Industry: CONOIL exceeded the NG Oil and Gas industry which returned 106.2% over the past year.

Return vs Market: CONOIL exceeded the NG Market which returned 94.2% over the past year.

Price Volatility

Is CONOIL's price volatile compared to industry and market?
CONOIL volatility
CONOIL Average Weekly Movement6.3%
Oil and Gas Industry Average Movement4.3%
Market Average Movement8.8%
10% most volatile stocks in NG Market12.1%
10% least volatile stocks in NG Market4.8%

Stable Share Price: CONOIL has not had significant price volatility in the past 3 months.

Volatility Over Time: CONOIL's weekly volatility (6%) has been stable over the past year.

About the Company

1927149Kheterpal Singh

Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria. The company operates through three segments: White Products, Lubricants, and Liquefied Petroleum Gas. The White Products segment sells premium motor spirit, aviation turbine kerosene, dual-purpose kerosene, low-pour fuel oil, and automotive gasoline/grease oil.

Conoil Plc Fundamentals Summary

How do Conoil's earnings and revenue compare to its market cap?
CONOIL fundamental statistics
Market cap₦70.09b
Earnings (TTM)₦9.63b
Revenue (TTM)₦201.39b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CONOIL income statement (TTM)
Cost of Revenue₦180.35b
Gross Profit₦21.04b
Other Expenses₦11.41b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date


Earnings per share (EPS)13.87
Gross Margin10.45%
Net Profit Margin4.78%
Debt/Equity Ratio97.3%

How did CONOIL perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.