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OIL AND GAS · Crude Petroleum and Natural Gas · Price, fundamentals, signals, and forward-looking context in one research view.
OIL AND GAS
₦146B
N/A
N/A
Current price
₦210.00
Updated Updated 2h ago
Open
N/A
Previous close
N/A
Day range
N/A
Volume
17,073
Limited data
Awaiting filing
No current yield
65/100 measured
Liquidity unclear
The latest saved price history for CONOIL, with its range and direction at a glance.
Eye extracted 48 pages. Open the source or continue to Signals for the evidence trail.
Conoil Plc markets refined petroleum products, and manufactures and markets lubricants, household, and liquefied petroleum gas (LPG) in Nigeria. The company operates through three segments: White Products, Lubricants, and Liquefied Petroleum Gas. Its White Products segment sells premium motor spirit, aviation turbine kerosene, dual-purpose kerosene, low-pour fuel oil, and automotive gasoline/grease oil. The Lubricants segment offers transport and industrial lubricants, greases, process oil, and bitumen. Its LPG segment is involved in the trading of bulk and packed LPG, cylinders, and valves. The company was formerly known as National Oil and Chemical Marketing Plc and changed its name to Conoil Plc in January 2003. Conoil Plc was founded in 1927 and is headquartered in Lagos, Nigeria. Conoil Plc is a subsidiary of Conpetro Limited.
Investors usually follow CONOIL for its valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
This official filing has been discovered and is awaiting full extraction or review.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Director dealings
0
Reported buys, sells, and mixed dealings.
Official filings
11
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
41
Captured updates we can trace.
Whisone is mixed because the bullish case is not yet strong enough to lead while there is no strong bear warning from the current data. Whisone has moderate conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROE
13.4%
Return on equity
Debt / equity
1.25
Lower is usually safer.
75/100
Direction
Range-bound
Main supports
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Liquidity looks thin, so even a good thesis may take longer to show up in price.
Forecast refresh
Updated 2h ago
Quality score
63
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
N/A
Momentum data is not available yet.
Recent trend
Sideways
+0.0% across the latest saved price window.
Volatility
N/A
Beta is not available for this stock.
52-week position
N/A
A complete 52-week range is not available.
Volume confirmation
N/A
Comparable volume data is not available.
CONOIL may move with finance_costs/interest_rates. Confidence 95%.
The article links Conoil's earnings erosion to Nigeria's high interest-rate environment and higher borrowing costs, implying sector-wide exposure to elevated finance costs.
higher borrowings / increased capex
CONOIL may move with higher borrowings / increased capex. Confidence 95%.
Borrowings increased to N54.90bn and PP&E investment more than doubled to N10.81bn, reshaping the balance sheet and contributing to higher finance costs.
dividends
CONOIL may move with dividends. Confidence 90%.
Management explained the absence of a final 2025 dividend was driven by regulatory compliance/capital retention, not weak performance.
maintained dividend (reduced level)
CONOIL may move with maintained dividend (reduced level). Confidence 90%.
The company paid a 200 kobo dividend in 2025 despite lower earnings, impacting retained earnings and cash outflows.
capital_expenditure / asset_growth
CONOIL may benefit from capital_expenditure / asset_growth. Confidence 90%.
Investment in property, plant and equipment more than doubled to N10.81bn, driving total assets up to N139.37bn, indicating expansion of productive capacity.
handover_of_crude/FPSO_release
CONOIL may benefit from handover_of_crude/fpso_release. Confidence 90%.
Article states part of the crude on the FPSO was released to Conoil and the Supreme Court ordered return of the cargo to the oil company, implying Conoil benefited from access to crude.
Sector spillover signals
finance_costs / interest_rates
CONOIL may also move because the OIL AND GAS sector may move with finance_costs / interest_rates. Confidence 98%.
The article links Conoil's weaker results to Nigeria's high interest-rate environment and sharply higher borrowing costs, implying sector exposure to elevated finance costs.
finance_costs/interest_rates
CONOIL may also move because the OIL AND GAS sector may move with finance_costs/interest_rates. Confidence 95%.
The article links Conoil's earnings erosion to Nigeria's high interest-rate environment and higher borrowing costs, implying sector-wide exposure to elevated finance costs.
higher finance costs / rising interest rates
CONOIL may also move because the OIL AND GAS sector may be hurt by higher finance costs / rising interest rates. Confidence 90%.
Article links Conoil's weaker earnings to Nigeria's high interest-rate environment; Conoil is in the Oil and Gas sector, indicating sector exposure to elevated borrowing costs.
fuel_energy_policy
CONOIL may also move because the OIL AND GAS sector may move with fuel_energy_policy. Confidence 70%.
Stakeholders cited diesel price volatility and proposed CNG subsidies/dual-fuel adoption as measures that influence fuel demand and transport costs, impacting the oil and gas sector.
increasing domestic refining capacity
CONOIL may also move because the OIL AND GAS sector may benefit from increasing domestic refining capacity. Confidence 70%.
Article states that increased domestic refining capacity is expected to strengthen the long-term sustainability of the energy/downstream sector.
LPG scarcity and price surge
CONOIL may also move because the OIL AND GAS sector may move with lpg scarcity and price surge. Confidence 67%.
The article reports nationwide LPG shortages and prices rising from ~N1,100/kg to over N2,400 in many locations, impacting availability and affordability in the domestic fuel market.
affected by illegal refining and oil theft
CONOIL may also move because the OIL AND GAS sector may move with affected by illegal refining and oil theft. Confidence 67%.
Article states illegal refining and crude theft contribute to production losses, environmental degradation and reduced government revenue, and Operation Delta Sentinel aims to disrupt illicit petroleum supply chains.
domestic feedstock shortage
CONOIL may also move because the OIL AND GAS sector may move with domestic feedstock shortage. Confidence 67%.
Local refiners in Nigeria have insufficient domestic crude because a large share of production was exported (about 68.7% over five months), forcing refineries to import feedstock.
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Price: ₦210.00
P/E: N/A
Yield: N/A
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Industry
Crude Petroleum and Natural Gas
Exchange
NGX
Ticker
CONOIL
2026-07-30
Estimated earnings date
2026-06-11
Estimated earnings date
2026-06-05
