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IPO Details
Company Profile
Summary of the Offer
Important Highlights
Important Dates
Advisers and Vendors
Historical Financials
IPO Prospectus
In the News
 

Company Profile
Name Eterna Oil and Gas plc
Security Type Ordinary
Ticker ETERNAOIL
Reuters Code
ISIN NGETERNAOIL1
Number of Employees 49
Address 5a Second Avenue Ikoyi
Lagos, Nigeria
Website www.eternaplc.com
Phone +234-1-8981836, 8981842
Fax +234-1-2691612
Email info@eternaplc.com
Nature of Business Eterna Oil & Gas Plc, a quoted public limited integrated energy company engages in the manufacturing and sale of lubricating oils and petro-chemicals, importation and bulk/retail sale of petroleum products including PMS, AGO, LPFO, base o i l s, bitumen and export of lubricants/fuels, bunkering, Gas distribution and marketing (LPG and NG), Offshore and On sh or e oil services, Gas processing, equipment supply services and other engineering and technical services for the energy industry.

The company has acquired varied experience over the years in the energy business and is repositioning its operations in response to the competitive challenges in the energy industry. The company is taking advantage of strategic opportunities to meet the needs of customers and increase returns to shareholders.

Summary of the Offer
Offer Type Hybrid Public Offer 
Offer Method Offer for Subscription 
Purpose  
Utilization of Proceeds  
Target Investors  

Important highlights of the issue
Par Value of each share NGN 0.50 
Authorised Share Capital
Fully Paid Share Capital
Shares Offered for Sale
% of Fully Paid Shares Offered for Sale  
Offer Price per Share NGN  26.90 
Price Earning (PE) Ratio at Offer Price  
Dividend Yield at Offer Price --

Important dates and times
Offer Open Date Pending 
Offer Close Date Pending 
Results of Allocation Announced Pending 
Commencement of Trading on Nigeria Stock Exchange Pending 

Advisers to the Company and the Vendors

Historical financial and Operating results
Key Numbers
Fiscal Year End 31st December
Currency -- (--)
Sales (in millions) --
1 Year Sales Growth --

Annual Income Summary (in millions except EPS data)
-- December 31, 2008 December 31, 2007 --
Sales -- 12,025.27 11,769.52 --
Pre-Tax Income -- -495.18 -541.35 --
Net Income -- -406.64 -438.08 --
Average Shares -- 780.00 780.00 --
EPS -- -0.52 -0.56 --
Total DPS -- -- -- --

Quarterly Income Summary (in millions except EPS data)
-- -- -- --
Sales -- -- -- --
Cost of Goods -- -- -- --
Gross Profit -- -- -- --
Pretax Income -- -- -- --
Net Income -- -- -- --
Average Shares -- -- -- --
EPS -- -- -- --

Annual Balance Sheet Summary (in millions)
-- December 31, 2008 December 31, 2007 --
Cash & Equivalents -- -- -- --
Total Current Assets -- -- -- --
Total Liabilities -- -- -- --
Share Holder Equity -- -- -- --
Long Term Debt -- -- -- --

Annual Consolidated Cash Flow (in millions)
-- December 31, 2008 December 31, 2007 --
Net cash flows generated from (used in) in operating activities -- 584.25 567.55 --
Net cash flows generated from (used in) in investing activities -- -6,121.03 -6,104.35 --
Net cash flows generated from (used in) in financing activities -- 5,733.33 5,733.33 --

IPO Prospectus
No IPO Prospectus at this time.

In the News
Latest Company Press Releases
No Company Press Releases at this time.

Latest Company News
No Company News at this time.

Company Market Announcements
No Company Market Announcements at this time.

 
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