Oil Natural Gas Stock Net Income

ONGC Stock   254.25  3.65  1.42%   
Oil Natural Gas fundamentals help investors to digest information that contributes to Oil Natural's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Natural's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Natural stock.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares407.6 B225.1 B
Net Income492.2 B308.8 B
Net Income From Continuing Ops571 B311 B
Net Income Applicable To Common Shares is likely to drop to about 225.1 B in 2024. Net Income is likely to drop to about 308.8 B in 2024.
  
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Oil Natural Gas Company Net Income Analysis

Oil Natural's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Oil Natural Net Income

    
  492.21 B  
Most of Oil Natural's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Natural Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Oil Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

3.13 Trillion

At this time, Oil Natural's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Oil Natural Gas reported net income of 492.21 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all India stocks is significantly lower than that of the firm.

Oil Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Natural's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Natural could also be used in its relative valuation, which is a method of valuing Oil Natural by comparing valuation metrics of similar companies.
Oil Natural is currently under evaluation in net income category among its peers.

Oil Natural ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Oil Natural's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oil Natural's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Oil Fundamentals

About Oil Natural Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oil Natural Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Natural Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Oil Stock Analysis

When running Oil Natural's price analysis, check to measure Oil Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil Natural is operating at the current time. Most of Oil Natural's value examination focuses on studying past and present price action to predict the probability of Oil Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Natural's price. Additionally, you may evaluate how the addition of Oil Natural to your portfolios can decrease your overall portfolio volatility.