essar oil ltd (ESOIL:Natl India)
essar oil ltd (ESOIL) Snapshot
|
Open
67.25
|
Previous Close
67.40
|
|
|
Day High
68.10
|
Day Low
65.05
|
|
|
52 Week High
02/4/13 - 96.25
|
52 Week Low
08/27/12 - 44.95
|
|
|
Market Cap
89.7B
|
Average Volume 10 Days
1.1M
|
|
|
EPS TTM
0.27
|
Shares Outstanding
1.4B
|
|
|
EX-Date
08/19/97
|
P/E TM
245.1x
|
|
|
Dividend
--
|
Dividend Yield
--
|
essar oil ltd (ESOIL) Related Businessweek News
No Related Businessweek News Foundessar oil ltd (ESOIL) Details
Essar Oil Limited engages in the exploration and production of oil and gas in India and internationally. Its exploration projects portfolio include onshore and offshore oil and gas blocks covering an area of approximately 35,000 square kilometers located in Asia and Africa. The company principally holds interest in a coal bed methane block located in Raniganj, Durgapur, West Bengal. In addition, it engages in the refining of crude oil and production of LPG, naphtha, light diesel oil, aviation turbine fuel, kerosene, and transport fuels; retail of petrol and diesel under the Essar brand through operation of franchise based retail network; and provision of its products to power plants, and chemical, fertilizer, and shipping companies, as well as to traders and other customers in transport and industrial sectors. As of December 20, 2012, Essar Oil Limited operated a network of approximately 1,400 retail outlets. The company is based in Mumbai, India. Essar Oil Limited is a subsidiary of Essar Energy Plc.
essar oil ltd (ESOIL) Top Compensated Officers
essar oil ltd (ESOIL) Key Developments
Six major companies have shown interest in acquiring 31% stake in Haldia Petrochemicals Limited held by West Bengal Industrial Development Corp on behalf of West Bengal government. The companies includes Reliance Industries Limited (BSE:500325), Essar Oil Ltd. (BSE:500134), Oil and Natural Gas Corp. Ltd. (BSE:500312), Indian Oil Corporation Limited (BSE:530965), GAIL (India) Limited (BSE:532155) and Cairn India Limited (BSE:532792). Partha Chatterjee, West Bengal Commerce and Industries Minister, said, "We have got a very good response for our stake in HPL. It shows the confidence of investors in Bengal."
Haldia Petrochemicals Limited has got three formal interest from the companies after the filing of expression of interest (EoI). The companies include Essar Oil Ltd. (BSE:500134), Oil and Natural Gas Corp. Ltd. (BSE:500312) and Indian Oil Corporation Limited (BSE:530965). A top official of the West Bengal Industrial Development Corp (WBIDC) which hold 40% stake in Haldia, said Essar had written to it on the sale process, seeking more clarity. Deloitte has been hired as transactional advisor for valuation of HPL's shares. The final date for filing an EoI is June 10, 2013. Essar is the new name that is keen to participate. They are likely to place the bid on the last day,” the official said requesting anonymity. Indian Oil Corporation Limited (BSE:530965) remains the company with the most expressed interest. “They have written to us and their team has also visited the plant. They are more than keen to buy the state's stake in HPL, as they also have a refinery in the adjacent area,” the official added. IOC already has an 8.9% stake in Haldia. Oil and Natural Gas Corp. Ltd. is equally keen, it appears.The official also added that Reliance Industries Limited (BSE:500325) had earlier expressed interest, but through an informal communication. “They are yet to write to us officially,” he added.
Essar Oil Ltd. has announced that Mr. Rajiv Pal Singh has been appointed as Nominee of State Bank of India on the company’s Board, effective May 24, 2013.
| Recently Viewed | |||
| ESOIL:IN | 65.65 INR | -1.75 |  |
| Company | Last | Change |
| Aemetis Inc | $0.39 USD | 0.00 |
| View Industry Companies | ||
Industry Analysis
ESOIL
Industry Average
| Valuation | ESOIL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 7.6x |
|
| Price/Cash Flow | 73.0x |
|
| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- Chicago, IL | DunnhumbyusaPosted: Jun 18
- Thomasville, GA | Flowers FoodsPosted: Jun 07
- San Francisco, CA | YelpPosted: Jun 06
- San Francisco, CA | PeoplematterPosted: Jun 06
Sponsored Financial Commentaries
Sponsored Links
To contact ESSAR OIL LTD, please visit www.essar.com/section_level1.aspx?cont_id=fBlwNPJhC0c=. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.
