Hindustan Oil Exploration Company Ltd Share Price (HINDOILEXP)

Hindustan Oil Exploration Co. Ltd Shares Surge Nearly 10% - 28 Sep, 2023

Shares of Hindustan Oil Exploration Co. Ltd rose nearly 10%, hitting the upper circuit at Rs 170.75 per share amid heavy trading volumes.

Hindustan Oil Exploration Resumes Production After Flushing Oil Export Line - 24 Sep, 2023

Hindustan Oil Exploration Company has resumed production from its D-2 well after completing the flushing of the oil export line in Block B-80. The company plans to clean the oil export line again during a planned shutdown in November 2023. Shares last traded at Rs. 158.95.

HDFC Bank Divests Stake in HOEC, Revenue & Net Profit Decrease - 22 Sep, 2023

HDFC Bank has sold a total of 2.22% stake in Hindustan Oil Exploration Company Limited (HOEC), reducing its holding to 4.34%. HOEC recorded a QoQ decrease in revenue and net profit.

Hindustan Oil Exploration Company Ltd to Shut Production for Flushing of Wax Deposition - 16 Sep, 2023

The oil export line from Wells to MOPU has blockage due to wax deposition in the pipeline of B-80 field. The production is planned to be shut-in on 11:00 hours of 16th Sep 2023 for flushing of the wax deposition in oil export line.

Hindustan Oil Exploration Company Ltd shares rise as oil prices increase - 06 Sep, 2023

Shares of Hindustan Oil Exploration Company rose by 1-2% due to the increase in oil prices, which widens profit margins for upstream oil companies.

Hindustan Oil Exploration Stock Falls 32% in a Month - 25 Aug, 2023

Despite respectable financials with a ROE of 24%, Hindustan Oil Exploration's stock price has fallen by 32% in the past month. The company doesn't pay dividends and has no earnings growth to show for it.

HOEC Announces New Managing Director - 22 Aug, 2023

Hindustan Oil Exploration Company Ltd announces that its Executive Director and CFO will take over as the new Managing Director from October 1, while the incumbent MD is set to retire.

Hindustan Oil Shares Plummet Due to Disappointing Earnings - 19 Aug, 2023

Hindustan Oil Exploration Company Ltd's shares take a hit after reporting an 80% sequential drop in net profit for Q1 and the government hiking windfall gains tax on domestic crude by 67%.

Mixed Bag for Hindustan Oil Exploration - 16 Aug, 2023

Hindustan Oil Exploration reported a surge in Q1 FY24 profits but suffered a 20% decline YoY in standalone net profit. The company also saw its Managing Director retire.

Debt Levels of Hindustan Oil Exploration Company Examined - 10 Aug, 2023

An article examines the debt levels, liabilities, net debt, and earnings trend of Hindustan Oil Exploration Company Limited to determine if it poses a risk to shareholders.

Hindustan Oil Exploration Company Ltd Stock Shows Bullish Breakout - 26 Jul, 2023

The stock has witnessed a breakout of one month of consolidation with strong volume and given a breakout of Flag pattern formation. The overall structure suggests an immediate target of Rs 250, while it has the potential to move further upside till Rs 264 level.

ICICI Direct initiates coverage on HOEC with BUY rating - 20 Jun, 2023

HOEC's standalone revenues in FY23 were at Rs 381 crore, up 192% YoY. ICICI Direct estimates revenue, EBITDA, PAT to grow 37%, 27%, 28%, respectively, during FY23-25E and FCF yield/RoCE improving to 6%,18%. Target price of Rs 260 per share (based on DCF).