Conoil Plc

NGSE:CONOIL Stock Report

Market Cap: ₦146.5b

Conoil Dividends and Buybacks

Dividend criteria checks 1/6

Conoil is a dividend paying company with a current yield of 1.66%.

Key information

1.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth4.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio147%

Recent dividend and buyback updates

Recent updates

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Q1 FY2025 Result - Sharp Profit Decline Despite Stable Capital Base Reflects Tough Operating Conditions

Revenue Decline of 12.8%: Topline fell to ₦79.26 billion, down from ₦90.94 billion, suggesting softening demand, pricing pressures, or volume contraction. This decline set the stage for weaker overall

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CONOIL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CONOIL's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Conoil Dividend Yield vs Market
How does CONOIL dividend yield compare to the market?
SegmentDividend Yield
Company (CONOIL)1.7%
Market Bottom 25% (NG)1.3%
Market Top 25% (NG)4.2%
Industry Average (Oil and Gas)7.1%
Analyst forecast (CONOIL) (up to 3 years)n/a

Notable Dividend: CONOIL's dividend (1.66%) is higher than the bottom 25% of dividend payers in the NG market (1.29%).

High Dividend: CONOIL's dividend (1.66%) is low compared to the top 25% of dividend payers in the NG market (4.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (147%), CONOIL's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CONOIL is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 16:02
End of Day Share Price 2025/10/07 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Conoil Plc is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Oyekunle Omotayo-BensonARM Research
Jude FejokwuThaddeus Investment Advisors and Research Limited