ONGC Stock Analysis
About Oil and Natural Gas Corporation
Oil and Natural Gas Corporation (ONGC) is India’s largest crude oil and natural gas producer. It is a government-owned enterprise and plays a key role in India’s energy security.
Business Model
- Oil exploration & production
- Natural gas production
- International operations
Strengths
- Government backing
- Strong asset base
- High dividend yield
- Strategic importance
Risks
⚠ Crude oil price volatility
⚠ Government policy impact
⚠ Exploration risks
Conclusion
ONGC offers exposure to crude oil prices and is often considered a dividend-focused PSU energy stock.