Standalone and consolidated revenues and profits saw strong year-over-year growth, with margins improving significantly. Key risks include large contingent liabilities from ongoing legal disputes and tax matters, while segment performance was robust across E&P and refining.Original document: Oil…
Oil & Natural Gas Corp. Ltd. (NSE:ONGC) sees a sharp earnings lift as Kotak forecasts EBITDA up ~66% YoY and 67% QoQ on strong crude/gas realizations and volumes, even as ONGC backs MRPL with a $500m guarantee to Saudi Aramco and finishes two Puga geothermal wells.Previous Week RecapThis is an AI-g…
Motilal Oswal's research report on ONGCUpgrade ONGC to BUY…: Our upgrade is premised upon a combination of inexpensive valuations, decent volume growth pick-up, and ONGC being a beneficiary of a multi-year government focus to turn around the sector. While a peace MOU has been reached in West Asia…
Natural gas prices have climbed to a 19- to 20-week high as stronger liquefied natural gas (“LNG”) export flows and a hotter near-term weather outlook improve demand expectations. The move puts summer power demand, storage trends and export activity back at the center of the market narrative.For no…
