Conoil Plc

NGSE:CONOIL Stock Report

Market Cap: ₦268.7b

Conoil Past Earnings Performance

Past criteria checks 4/6

Conoil has been growing earnings at an average annual rate of 46.1%, while the Oil and Gas industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 16.6% per year. Conoil's return on equity is 27.6%, and it has net margins of 3.9%.

Key information

46.1%

Earnings growth rate

46.1%

EPS growth rate

Oil and Gas Industry Growth38.5%
Revenue growth rate16.6%
Return on equity27.6%
Net Margin3.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Conoil makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:CONOIL Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24312,63012,27010,3510
30 Jun 24294,81711,3938,1810
31 Mar 24256,70610,6277,3830
31 Dec 23201,3879,6267,1530
30 Sep 23179,01610,7125,8230
30 Jun 23162,3189,4006,0860
31 Mar 23140,2417,4106,5410
31 Dec 22131,4224,9586,3770
30 Sep 22116,0414,4256,9370
30 Jun 22115,3373,8326,9120
31 Mar 22119,7833,2166,7420
31 Dec 21126,7263,0836,6320
30 Sep 21130,3491,9246,6860
30 Jun 21127,6532,1646,6840
31 Mar 21112,4181,6046,5480
31 Dec 20117,4711,4406,6950
30 Sep 20115,1371,3837,3530
30 Jun 20124,9951,2788,1400
31 Mar 20142,2651,9088,3490
31 Dec 19139,7581,9728,1870
30 Sep 19159,0981,9096,2060
30 Jun 19139,9512,2785,8540
31 Mar 19126,5321,9106,7920
31 Dec 18122,2131,7967,1280
30 Sep 18121,1221,8088,0980
30 Jun 18125,0691,7027,7570
31 Mar 18122,3571,6166,5430
31 Dec 17115,5131,5796,4720
30 Sep 1791,3022,3867,8140
30 Jun 1790,4352,2238,1540
31 Mar 1790,4553,9558,5400
31 Dec 1685,0242,8388,7250
30 Sep 1686,7132,9208,5670
30 Jun 1679,4062,9907,9850
31 Mar 1679,5982,1928,2920
31 Dec 1582,9192,3088,4170
30 Sep 1584,2866049,4140
30 Jun 1592,8721829,3750
31 Mar 15113,118-3579,9420
31 Dec 14128,35383410,3330
30 Sep 14141,9582,40911,9010
30 Jun 14158,4162,48312,5270
31 Mar 14159,2703,06712,5440
31 Dec 13159,5373,07012,5360

Quality Earnings: CONOIL has high quality earnings.

Growing Profit Margin: CONOIL's current net profit margins (3.9%) are lower than last year (6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CONOIL's earnings have grown significantly by 46.1% per year over the past 5 years.

Accelerating Growth: CONOIL's earnings growth over the past year (14.5%) is below its 5-year average (46.1% per year).

Earnings vs Industry: CONOIL earnings growth over the past year (14.5%) exceeded the Oil and Gas industry 14.5%.

Return on Equity

High ROE: CONOIL's Return on Equity (27.6%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 07:14
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

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