profit from every ₹100 of sales.

Oil and Natural Gas
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹6.82 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Oil and Natural Gas sold, what it kept, and what it did with the cash.
Sales went from ₹6.30 trillion in 2023 to ₹6.62 trillion in 2026, with ₹414 billion of profit last year.
Oil and Natural Gas handed back 29% of the cash it generated last year.
Oil and Natural Gas vs. similar companies
Oil and Natural Gas grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Oil and Natural Gas | 6.8× · Cheap | ||
Saudi Arabian Oil | 18.3× · Fair price | ||
Exxon Mobil | 24.0× · Fair price | ||
Chevron | 34.3× · Expensive | ||
PetroChina | 14.0× · Cheap |
AI analysis
An AI analyst reads Oil and Natural Gas's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 6,295,101 | 5,986,442 | 6,632,606 | 6,622,473 | |
| 1,222,628 | 1,399,971 | 2,015,074 | 2,225,221 | |
| 673,138 | 770,453 | 1,146,006 | 1,340,709 | |
| 776,689 | 1,168,866 | 1,021,388 | 1,180,425 | |
| 367,093 | 491,439 | 362,256 | 414,244 | |
| 29.18 | 39.06 | 28.80 | 32.93 | |
| 19.4% | 23.4% | 30.4% | 33.6% | |
| 10.7% | 12.9% | 17.3% | 20.2% | |
| 5.8% | 8.2% | 5.5% | 6.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 6,427,737 | 7,419,979 | 7,587,231 | 7,919,052 |
| Cash | 26,437 | 26,859 | 16,676 | 15,544 |
| Total debt | 1,767,440 | 1,911,952 | 1,878,173 | 1,743,165 |
| Total liabilities | 3,431,803 | 3,823,737 | 3,844,880 | 3,822,119 |
| 2,845,454 | 3,390,689 | 3,434,405 | 3,717,678 | |
| 12,580 | 12,580 | 12,578 | 12,580 | |
| 8.4% | 12.1% | 9.4% | 11.1% | |
| 12.9% | 14.5% | 10.5% | 11.1% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 860,621 | 988,466 | 908,556 | 1,127,193 | |
| 509,303 | 521,188 | 556,743 | 539,905 | |
| 351,318 | 467,278 | 351,813 | 587,289 | |
| Dividends paid | 176,090 | 128,949 | 169,847 | 169,801 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 6.8×
- –
- 1.66
- 0.9×
- 0.4×
- 4.8×
- 3.9×
- 20.8%
- 14.7%
- 6.0%
Profitability
- 33.6%
- 20.2%
- 6.3%
- –
- 11.1%
- 10.3%
- –
- –
- –
- –
Growth
- +1.7%
- +4.1%
- –
- –
- −0.0%
Financial health
- 1.5×
- 0.47
- –
- 6.2×
- 0.84
- –
- –
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
41.0% of its profit
Room to growStretchedMore than it earns: 28.9%
News
GAMCO Natural Resources Gold & Income Trust declares $0.06 dividendSeeking Alpha · Nov 11, 2026Northwest Natural raises 2026 EPS guidance to $3.10-$3.20 as SiEnergy rate settlement and cost controls support outlookSeeking Alpha · Nov 6, 2026Core Natural Resources outlines 29.4M tons contracted through 2031 as costs rise in High-CV thermalSeeking Alpha · Nov 5, 2026Natural Resource Partners L.P. Q3 2026 Earnings Call SummaryYahoo Finance · Nov 4, 2026United Natural Foods (UNFI): buy, sell, or hold post Q2 earnings?Yahoo Finance · Oct 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Oil and Natural Gas
Is Oil and Natural Gas a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Oil and Natural Gas AI analysis
What does Oil and Natural Gas do?
Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally. It is in Oil & Gas Integrated, based in New Delhi, India.
Does Oil and Natural Gas pay a dividend?
Yes. At today's price the dividend is 6.0% a year, about 41% of its yearly profit. In 2026 it paid out ₹170 billion in dividends.
Is Oil and Natural Gas stock halal?
No. Oil and Natural Gas does not pass our halal screen: its debt is 62% of its market value, at or above the 33% limit. How we check
How has Oil and Natural Gas stock done over the past year?
Down 3.6% over the past twelve months, to ₹224.50. It traded between ₹219.80 and ₹301.40 and is 25.5% below its high.
Who are Oil and Natural Gas's competitors?
The largest listed companies in the same industry are Saudi Arabian Oil, Exxon Mobil, Chevron and PetroChina. The peers table on this page compares their profit, growth and price with Oil and Natural Gas's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



