Oil and Natural Gas Corporation Ltd
NSE:ONGC
Operating Margin
Oil and Natural Gas Corporation Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| IN |
|
Oil and Natural Gas Corporation Ltd
NSE:ONGC
|
3.1T INR |
9%
|
|
| SA |
|
Saudi Arabian Oil Co
SAU:2222
|
6.7T SAR |
43%
|
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
440.1B USD |
13%
|
|
| US |
|
Chevron Corp
NYSE:CVX
|
237.5B USD |
11%
|
|
| CN |
|
PetroChina Co Ltd
SSE:601857
|
1.5T CNY |
9%
|
|
| UK |
|
Shell PLC
LSE:SHEL
|
149.5B GBP |
12%
|
|
| NL |
R
|
Royal Dutch Shell PLC
OTC:RYDAF
|
205.2B USD |
12%
|
|
| FR |
|
TotalEnergies SE
PAR:TTE
|
114.7B EUR |
12%
|
|
| CN |
|
China Petroleum & Chemical Corp
SSE:600028
|
702.2B CNY |
2%
|
|
| UK |
|
BP PLC
LSE:BP
|
56.2B GBP |
6%
|
|
| BR |
|
Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
|
405.1B BRL |
30%
|
Oil and Natural Gas Corporation Ltd
Glance View
Oil and Natural Gas Corporation Ltd. (ONGC) stands as a titan in the energy sector, representing India's pivotal player in oil and natural gas exploration and production. Born in the early shadows of India's independence, the company has evolved from a modest exploration outfit into a sophisticated upstream enterprise that commands a significant chunk of the nation's oil and gas market. At the heart of ONGC's operations is its extensive portfolio of onshore and offshore assets, spread across the Indian subcontinent and beyond. The company's pursued quest for energy involves scouring vast landscapes and seabeds, employing cutting-edge seismic technologies and drilling techniques to pinpoint and extract hydrocarbon reserves. This relentless exploration underpins the company’s strategic prowess, ensuring a steady inflow of resources and keeping India's energy aspirations aflame. The financial lifeline of ONGC courses through the veins of these upstream operations, as the lion's share of its revenue stems from crude oil sales to refineries and natural gas supply to industries and power plants. Beyond mere extraction, ONGC’s business model extends into the valued creation of derivatives, capitalizing on the volatile commodity market to fortify its bottom line. With an eye on sustainability and diversification, the company has also ventured cautiously into renewable energy spaces, albeit retaining its primary focus on hydrocarbon ventures. As the world shifts towards cleaner energy, ONGC's strategic adaptations ensure that it remains not only relevant but prosperous, expertly balancing traditional energy demands with modernity's beckoning transition.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Oil and Natural Gas Corporation Ltd's most recent financial statements, the company has Operating Margin of 8.8%.
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