OIL & NATURAL GAS CORPORATION LIMITED

ongc-becomes-cheapest-oil-and-gas-company-globally

ONGC becomes cheapest Oil and Gas company globally

State-owned oil and gas company ONGC has become cheapest globally as earlier this week company’s stock price fell below Rs 100 for the first time in past 15 years. At present, ONGC trades at 4.2 times its estimated one-year forward earnings. Most global oil and gas majors command a price-to-earnings ratio of more than 15. Exxon Mobil and Saudi Arabian Oil Company (Saudi Aramco) have a P/E of 18.3 times and 17.3 times, respectively. While ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months.
ONGC historically has traded at a discount versus global peer group, but over the past 12 months, the discount has widened materially. The the brokerage has a buy rating on the stock, albeit it has cut the price target from Rs 190 to Rs 172 due to a cut in earnings estimates amid weak global oil prices.

22 Feb 2020
ongc-anurag-sharma-appointed-as-director-onshore

ONGC: Anurag Sharma appointed as Director (Onshore)

Anurag Sharma (ED, ONGC) was on Tuesday appointed as Director (Onshore), Oil & Natural Gas Corporation Limited (ONGC) till the date of his superannuation, i.e. 28.02.2023. He may take charge on 01 .06.2020.

19 Feb 2020
ongc-becomes-cheapest-oil-and-gas-company-globally

ONGC becomes cheapest Oil and Gas company globally

By IndianMandarins 22 Feb 2020

State-owned oil and gas company ONGC has become cheapest globally as earlier this week company’s stock price fell below Rs 100 for the first time in past 15 years. At present, ONGC trades at 4.2 times its estimated one-year forward earnings. Most global oil and gas majors command a price-to-earnings ratio of more than 15. Exxon Mobil and Saudi Arabian Oil Company (Saudi Aramco) have a P/E of 18.3 times and 17.3 times, respectively. While ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months.
ONGC historically has traded at a discount versus global peer group, but over the past 12 months, the discount has widened materially. The the brokerage has a buy rating on the stock, albeit it has cut the price target from Rs 190 to Rs 172 due to a cut in earnings estimates amid weak global oil prices.

ongc-anurag-sharma-appointed-as-director-onshore

ONGC: Anurag Sharma appointed as Director (Onshore)

By IndianMandarins 19 Feb 2020

Anurag Sharma (ED, ONGC) was on Tuesday appointed as Director (Onshore), Oil & Natural Gas Corporation Limited (ONGC) till the date of his superannuation, i.e. 28.02.2023. He may take charge on 01 .06.2020.

ongc:-o-p-singh-appointed-as-director,-t&fs

ONGC: O P Singh appointed as Director, T&FS

By IndianMandarins 17 Dec 2019

Om Prakash Singh (GGM, ONGC) has been appointed as Director (Technical and Field Services), Oil & Natural Gas Corporation Limited (ONGC).

ongc:-pesb-advertised-the-director-post

ONGC: PESB advertised the Director post

By IndianMandarins 21 Jun 2019

The public-sector headhunter (PESB) on Friday advertised the post of Director (Onshore) Oil & Natural Gas Corporation Limited. Last date for the application is August 27, 2019. The vacancy is scheduled to arise on June 01, 2020 after the retirement of Sanjay Kumar Moitra on May 31, 2020

ongc:-pesb-advertised-the-director-post

ONGC: PESB advertised the Director post

By IndianMandarins 21 Jun 2019

The public-sector headhunter (PESB) on Friday advertised the post of Director (Onshore) Oil & Natural Gas Corporation Limited. Last date for the application is August 27, 2019. The vacancy is scheduled to arise on June 01, 2020 after the retirement of Sanjay Kumar Moitra on May 31, 2020

ongc:-srivastava-selected-for-board-level-position

ONGC: Srivastava selected for Board-level position

By IndianMandarins 09 May 2019

The public-sector headhunter on Thursday selected Rajesh Kumar Srivastava (GGM, ONGC) for the post of Director (Exploration) Oil & Natural Gas Corporation Limited.


Subject to requisite clearances and ACC approval Srivastava may succeed A K Dwivedi; the outgoing Director retiring in July this year.

ms-mittal-selected-for-director-(hr)-ongc

Ms Mittal selected for Director (HR) ONGC

By IndianMandarins 23 Aug 2018

The public-sector headhunter on Thursday selected Dr Alka Mittal (Group GM, ONGC) for the post of Director (Human Resources) Oil & Natural Gas Corporation Limited (ONGC).

Subject to requisite clearances and ACC ratification she may replace D S Mishra who retired on June 30 this year.

Altogether ten candidates had appeared before the board for selection interview.

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