Company profileMRS Oil Nigeria Plc markets and distributes refined petroleum products in Nigeria. The company operates in three segments: Retail/Commercial & Industrial, Aviation, and Lubricants. The Retail/Commercial & Industrial segment is involved in the sale and distribution of petroleum products to retail and industrial customers. The Aviation segment sells aviation turbine kerosene. The Lubricants segment manufactures and sells lubricants and greases. It is also involved in the blending and selling of lubricants. The company operates a chain of company owned outlets and third party owned outlets. The company was formerly known as Chevron Oil Nigeria Plc and changed its name to MRS Oil Nigeria Plc in December 2009. The company was founded in 1913 and is headquartered in Lagos, Nigeria. MRS Oil Nigeria Plc is a subsidiary of MRS Africa Holdings Limited.
MRS (MRS) is listed on NGX in the Oil and Gas sector, with exposure to Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
Why this stock may reactDirect company signals
falling global crude oil prices
MRS may move with falling global crude oil prices. Confidence 90%.
An MRS filling station manager said the outlet is preparing to review and lower its pump price in response to declining international crude prices.
falling_global_crude_prices
MRS may move with falling_global_crude_prices. Confidence 90%.
The downstream sector has cut prices following a significant easing in Brent and WTI after de-escalation in the Middle East.
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