Oil India Limited (OIL.BO)
Oil India Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Noida, UP, IN. The stock last traded at $478.25, up 1.22% on the session, giving a market capitalisation of $773.74B. Its beta of 0.36 implies it has historically moved less than the broad market.
Established in 1889 and headquartered in Noida, India, Oil India Limited is an integrated energy enterprise primarily focused on the exploration, development, and production of crude oil and natural gas, operating both domestically within India and internationally. Its diverse portfolio encompasses segments such as crude oil, natural gas, liquefied petroleum gas (LPG), pipeline transportation, and renewable energy. Beyond its core upstream activities, the company manages the logistical transport of crude oil and natural gas, manufactures LPG, and provides specialized pipeline services, including the operation of an extensive 1,157-kilometer automated crude oil trunk pipeline. It also maintains a fleet of drilling and workover rigs. Further diversifying its energy sources, Oil India Limited generates electricity through wind and solar power initiatives. The firm holds significant participating interests in exploration blocks across Indian states like Assam, Mizoram, and Andhra Pradesh, as well as in international oil and gas ventures located in Libya, Gabon, Nigeria, Venezuela, Mozambique, Bangladesh, and Russia.
Oil India Limited is most often compared with the following Energy names: