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4-Traders Homepage  >  Equities  >  NIGERIAN STOCK EXCHANGE,THE  >  Oando Plc    OANDO   NGOANDO00002

OANDO PLC (OANDO)
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Oando : Petrol queues resurface in Abuja, NNPC urges calm

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01/13/2018 | 02:22pm CEST

Long queues have reappeared in petrol filling stations on Thursday in Abuja metropolis and its environs.

Daily Trust Reporter who went round the Federal Capital Territory (FCT) gathered that the queues resurfaced early morning at many petrol filling stations in the metropolis and its environs.

Our reporter also gathered that the affected petrol filling stations include, NNPC Mega station and Oando located at Zone one, Mobile filling station located at Utako, NIPCO filling station located at Kuchigoro, along Airport road, Total filling station and NNPC Mega filling station locate at Airport road among others.

Speaking to Daily Trust, a Business man, Mr Ejike Itayo said 'I decided to buy fuel at NNPC Mega station at Zone One on reaching there I saw long queues. I quickly turned back to Oando filling station beside it but it was the same thing. I don't have a choice I followed the queue like that.

'The queue was not moving. We spent several hours in one place. Later I decided to go to another filling station at airport road. I joint another queue but later I got it the fuel'. He said

The Nigerian National Petroleum Corporation (NNPC) has called on motorists in Abuja, its environs and other parts of the country not to engage in panic buying of petroleum products.

The plea by the corporation comes on the heels of queues noticeable in some fuel stations, especially in Abuja.

The latest fuel queues started building up from Wednesday night and by Thursday morning had spread to more retail stations in the nation's capital.

© Pakistan Press International, source Asianet-Pakistan

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Financials ( NGN)
Sales 2017 519 B
EBIT 2017 52 987 M
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 0,23x
Capi. / Sales 2018 0,23x
Capitalization 119 B
Chart OANDO PLC
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Oando Plc Technical Analysis Chart | OANDO | NGOANDO00002 | 4-Traders
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Average target price 4,86  NGN
Spread / Average Target -49%
Managers
NameTitle
Jubril Adewale Tinubu Group Chief Executive Officer & Executive Director
Oba Michael Adedotun Gbadebo Chairman
Olufemi Adeyemo Chief Financial Officer & Executive Director
Omamofe G. Boyo Deputy Group Chief Executive & Executive Director
Oghogho Akpata Independent Non-Executive Director
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PETROCHINA COMPANY-5.56%212 274
TOTAL9.98%164 822
PETROLEO BRASILEIRO SA PETROBRAS37.89%90 114
STATOIL13.41%85 153