Conoil Q1 2025: Borrowing surge collapses profit, debt now exceeds equity
There was no FX loss. No surge in operating costs. Yet, Conoil’s Q1 2025 pre-tax profit collapsed by 93% to ...
Tag: Conoil plc
News and analysis about Conoil plc
Conoil reports N13.806 billion pre-tax profits, up 12.45% YoY
Conoil Plc has reported a profit before tax of N13.806 billion for the year ended December 31, 2024, representing a ...
Top 5 oil and gas companies in Nigeria based on share price performance in 2024
The Nigerian stock market, represented by the All-Share Index, achieved an outstanding performance in 2024, closing with a remarkable gain ...
Oil and gas: The best performing index in 2024 with 160% YtD gain
The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing ...
Top 10 best-performing stocks in the Nigerian market in 2024
The Nigerian stock market, tracked by the All-Share Index (ASI), demonstrated a strong performance in 2024, achieving a growth of ...
Conoil gains 37.35% in a week, reaches new high on strong third-quarter results
Shares of Conoil Plc achieved a substantial 37.35% gain on the Nigerian Exchange for the trading week ending on Friday, ...
Conoil Plc amends Q3 2024 financials blames “system-related errors and power challenges”
Conoil Plc has amended its third-quarter 2024 financial report following the discovery of system-related errors attributed to power challenges, which ...
Conoil PLC reports N4.2 billion pre-tax profit in third quarter 2024 amid revenue growth
Conoil PLC has released its third-quarter 2024 financial report, showing a pre-tax profit of N4.2 billion, a 30.82% increase from ...
Conoil Plc declares N3.50 final dividend pay, states qualification deadline
Conoil Plc has declared a final dividend of N3.50 per share on every 50 kobo, for its registered shareholders.
Bullish momentum in Nigeria’s oil and gas Sector: Can the rally be sustained?
The Nigerian oil and gas sector has experienced a strong bullish trend, driven by impressive performances from individual stocks.
