Eterna (ETERNA) Stock Overview
An integrated energy company, manufactures and sells lubricating oils and petrochemicals in Nigeria. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
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Eterna Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦35.00 |
| 52 Week High | ₦51.20 |
| 52 Week Low | ₦27.75 |
| Beta | 0.30 |
| 1 Month Change | -2.78% |
| 3 Month Change | 13.64% |
| 1 Year Change | 12.90% |
| 3 Year Change | 121.52% |
| 5 Year Change | 400.00% |
| Change since IPO | 7,268.42% |
Recent News & Updates
Narrative Update • Sep 08
Eterna Plc Delivers Exceptional H1 2026 Earnings Growth Driven by Strong Revenue Expansion, Improved Margins and Balance Sheet Strengthening
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Eterna Plc recorded a remarkable financial performance for the six months ended June 30, 2026, driven by strong growth in petroleum product sales, improved operating efficiency, and a significant reduction in debt obligations. Revenue rose by 37.8% YoY to ₦217.31 billion from ₦157.65 billion in H1 2025, while Gross Profit more than doubled to ₦15.99 billion.Narrative Update • Jun 04
Eterna Plc Intensifies Retail Expansion and Business Diversification Strategy
Author: Qudus Adebara(Research Analyst, DLM securities) Eterna Plc has reaffirmed its commitment to expanding its downstream footprint and diversifying its operations following resolutions reached at its 33rd Annual General Meeting (AGM), positioning the company for long-term growth within Nigeria’s evolving energy sector. As part of its medium-term strategy, the company plans to significantly strengthen its retail and operational infrastructure through targeted investments across its fuel retail network, aviation operations, lubricants business, and Liquefied Petroleum Gas (LPG) segment.Narrative Update • May 21
Eterna Plc Reports Strong Q1 2026 Earnings Recovery Driven by Improved Margins and Debt Reduction
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Eterna Plc delivered a significantly improved financial performance for the quarter ended 31 March 2026, supported by stronger gross margins, reduced financing pressure, and improved working capital efficiency despite a slight decline in revenue. Revenue declined marginally by 3.8% YoY to ₦70.51 billion from ₦73.27 billion in Q1 2025, largely reflecting lower lubricant sales.Recent updates
Narrative Update • Sep 08
Eterna Plc Delivers Exceptional H1 2026 Earnings Growth Driven by Strong Revenue Expansion, Improved Margins and Balance Sheet Strengthening
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Eterna Plc recorded a remarkable financial performance for the six months ended June 30, 2026, driven by strong growth in petroleum product sales, improved operating efficiency, and a significant reduction in debt obligations. Revenue rose by 37.8% YoY to ₦217.31 billion from ₦157.65 billion in H1 2025, while Gross Profit more than doubled to ₦15.99 billion.Narrative Update • Jun 04
Eterna Plc Intensifies Retail Expansion and Business Diversification Strategy
Author: Qudus Adebara(Research Analyst, DLM securities) Eterna Plc has reaffirmed its commitment to expanding its downstream footprint and diversifying its operations following resolutions reached at its 33rd Annual General Meeting (AGM), positioning the company for long-term growth within Nigeria’s evolving energy sector. As part of its medium-term strategy, the company plans to significantly strengthen its retail and operational infrastructure through targeted investments across its fuel retail network, aviation operations, lubricants business, and Liquefied Petroleum Gas (LPG) segment.Narrative Update • May 21
Eterna Plc Reports Strong Q1 2026 Earnings Recovery Driven by Improved Margins and Debt Reduction
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Eterna Plc delivered a significantly improved financial performance for the quarter ended 31 March 2026, supported by stronger gross margins, reduced financing pressure, and improved working capital efficiency despite a slight decline in revenue. Revenue declined marginally by 3.8% YoY to ₦70.51 billion from ₦73.27 billion in Q1 2025, largely reflecting lower lubricant sales.Narrative Update • May 19
Eterna Plc Delivers Improved FY 2025 Profit Despite Margin Compression and Working Capital Pressure
Analyst: Qudus Adebara (DLM Securities, Research Analyst) Executive Summary Eterna Plc recorded improved bottom-line performance for the year ended 31 December 2025, despite revenue contraction and significant gross margin compression. Revenue declined by 3.5% YoY to ₦302.52 billion , largely due to softer fuel sales.Narrative Update • Feb 25
Eterna Plc – Modest Profitability Amid Lower Revenue in 9M 2025
Analyst: Qudus Adebara Executive Summary Eterna Plc delivered a modest performance for the nine months ended September 30, 2025, amid softer revenue and ongoing cost pressures. The Group reported revenue of ₦212.84 billion , a decline of 9% YoY from ₦233.75 billion in 9M 2024, driven largely by lower sales volumes across key product lines.Narrative Update • Dec 11
Eterna Plc’s Rights Issue: Strengthening Logistics Backbone, Deepening LPG Penetration & Scaling Aviation Fueling Capacity
Eterna Plc’s decision to launch a ₦21.52 billion Rights Issue, Under the approved structure, existing shareholders will receive three (3) new shares for every four (4) shares held as of the November 27, 2025 qualification date. The offer opens on January 12, 2026 and closes on February 18, 2026 with current outstanding shares.Narrative Update • Nov 02
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.Narrative Update • Oct 17
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.Narrative Update • Aug 05
Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth
Eterna Plc: Sustains Profitability Amid Sector Headwinds, Driven by Strategic Agility Eterna Plc has delivered a solid turnaround in H1 2025 , reporting a ₦1.57 billion pre-tax profit compared to a ₦3.57 billion loss in H1 2024. Revenue grew modestly by 7% YoY to ₦157.7 billion , supported by strategic positioning, operational efficiency, and improved cost discipline.Shareholder Returns
| ETERNA | NG Oil and Gas | NG Market | |
|---|---|---|---|
| 7D | 1.4% | -1.1% | 3.5% |
| 1Y | 12.9% | 41.3% | 61.9% |
Return vs Industry: ETERNA underperformed the NG Oil and Gas industry which returned 42.9% over the past year.
Return vs Market: ETERNA underperformed the NG Market which returned 58.5% over the past year.
Price Volatility
| ETERNA volatility | |
|---|---|
| ETERNA Average Weekly Movement | 6.6% |
| Oil and Gas Industry Average Movement | 5.0% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in NG Market | 10.1% |
| 10% least volatile stocks in NG Market | 3.9% |
Stable Share Price: ETERNA has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: ETERNA's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 198 | Jude Nwaulune | www.eternaplc.com |
Eterna Plc, an integrated energy company, manufactures and sells lubricating oils and petrochemicals in Nigeria. It operates through Retail and Industrial and Lubricants and Chemicals segments. The Retail and Industrial segment is involved in the sale and distribution of petroleum products, including white products in retail outlets, small units, and to industrial customers.
Eterna Plc Fundamentals Summary
| ETERNA fundamental statistics | |
|---|---|
| Market cap | ₦76.52b |
| Earnings (TTM) | ₦8.23b |
| Revenue (TTM) | ₦362.03b |
9.3x
P/E Ratio0.2x
P/S RatioIs ETERNA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ETERNA income statement (TTM) | |
|---|---|
| Revenue | ₦362.03b |
| Cost of Revenue | ₦339.17b |
| Gross Profit | ₦22.86b |
| Other Expenses | ₦14.63b |
| Earnings | ₦8.23b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.76 |
| Gross Margin | 6.32% |
| Net Profit Margin | 2.27% |
| Debt/Equity Ratio | 93.4% |
How did ETERNA perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield11%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 01:04 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eterna Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.