CATEGORY: MOBIL OIL NIGERIA

MTO Bid Sparks Mobil Oil Share Price Rally

Mobil Oil Nigeria Plc announced yesterday that the purchase consideration for its planned 60% divestment of its parent company...


Mobil Confirms NIPCO Purchase Consideration Is $301million

Last October, Mobil Nigeria Plc announced it had agreed a deal that will see NIPCO acquire about 60% of...


ALERT: Mobil Oil Nigeria Plc Release 2016 Third Quarter Earnings

Mobil Oil Nigeria Plc released its 2016 result for the nine months ended 30 September 2016 ; See below...



What We Currently Know About The Mobil/Nipco Deal

Last week, the Nigerian Stock Exchange Published  press release confirming that Exxon Mobil has agreed a deal that will...


Mobil Nigeria Plc Announce Divestment Of Shares

ExxonMobil Oil Corporation, a majority shareholder in Mobil Oil Nigeria has agreed to sell its 60 percent shares in...



ExxonMobil Gets 21 Day Deadline From Indigenous Contractors Over Local Content Law

Contractors from Akwa Ibom State, under the aegis of Core Community Contractors Initiative, have given Mobil Producing Nigeria Unlimited,...


[Oil Spillage] NOSDRA Fines Mobil Nigeria N10million

The National Oil Spill De­tection and Response Agency, NOSDRA has slammed a N10 million fine on Mobil Producing Nigeria...


[Corporate Action] Mobil Nigeria Plc Records a 39% Drop In Profits For Q3’2015

Mobil Nigeria Plc released its financial results for the 9 months ended September 2015. The result showed dropped by...


The Reason Why ExxonMobil’s Activities Dwindled By 53%

Mobil Producing Nigeria Unlimited (MPNU), operator of MPN/NNPC Joint Venture, says its operations have witnessed 53 percent decline because...


These two companies will pay dividend this week (1-5/6/15)

The following companies will be paying their shareholders dividends this week. Having declared dividends earlier and closed their register,...


Buy sell or hold? Mobil Nigeria Plc after release of 2015 Q1 results

PMS price cut and volume slowdown weigh on top-line Mobil Oil Nigeria Plc “Mobil” Q1 15 reported 26.4% YoY contraction in revenues to N16.5billion—the...


Buy, sell or hold? Analysis of Mobil Nigeria Plc 2014 results

Mobil Oil Nigeria Plc. (12 months ended December 2014) Mobil Oil Nigeria Plc “Mobil” reported 1.1% YoY rise in...


Analysis of Mobil Nigeria results and why it’s a “Sell”

 Analysis of Mobil Oil Nigeria Plc. (12 months ended December 2014) Mobil Oil Nigeria Plc “Mobil” reported 1.1% YoY...


Mobil Nigeria Plc reports blow out results

Mobil Nigeria Plc released its 2014 FY results showing revenues rose 1.1% to N79.5billion (N78.7billion). Pre-tax profits for the...


Analysis: Why Depressed Oil Prices Makes Mobil A “Sell”

Mobil Oil Nigeria Plc. (9 months ended September 2014)   Mobil Oil Nigeria Plc “Mobil” reported a 3.4% YoY...


Mobil Nigeria Plc Reports 135% YoY Increase Earnings Per Share

MOBIL OIL PLC UNAUDITED ACOUNTS FOR THE NINE MONTHS ENDED SEPTEMBER 2014 Revenue (Millions) 2014 N60,718 2013 N58,736 %age Change (+3% YoY)...


2014 H1: Mobil Oil Post Blow Out Half Year Result, 151% Increase In Pre-tax Profits

Mobil Oil reported an 8.8% increase in 2014 second half profits of N42.billion compared to N38.7billion in 2013. Gross...


Mobil Oil Plc Post N3.4billion PAT Declare N6 Dividends

  Mobil Oil Plc released its 2013 FY audited results showing a 21% rise in profit after tax to...


Report 2013 9 Months: Mobil Oil Plc Post N3.7billion PBT

Mobil Oil Plc 2013 9 Months Results↑   Mobil Oil Plc released its 2013 9 Months result showing a...