Eterna PLC
NNSENG:ETERNA38.90
NGN
0.00
(0.00%)
ISIN
NGETERNAOIL1
Return %
Stock
S&P 500
1Y
16.19
14.20
3Y
214.02
81.12
5Y
480.93
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Jude Nwaulune
- Full Time Employees
- 198
- Sector
- Energy minerals
- Industry
- Oil refining/Marketing
- Address
- Lagos Nigeria
- IPO Date
- Nov 5, 1998
- Website
- eternaplc.com
- Similar Companies
- Business
- Eterna PLC is a Nigeria-based integrated downstream energy company engaged in the manufacturing, blending, sourcing, marketing, and distribution of petroleum products, lubricants, and specialized industrial chemicals. The company operates across multiple core business segments, comprising Retail and Commercial Fuel Marketing, Lubricants and Chemicals, Aviation Fueling, Coastal Tank Storage and Logistics, and Energy Support Services. Its comprehensive product and service portfolio encompasses refined petroleum fuels including Premium Motor Spirit (PMS/gasoline), Automotive Gas Oil (AGO/diesel), Dual Purpose Kerosene (DPK), and Liquefied Petroleum Gas (LPG); commercial and general aviation fueling solutions utilizing Aviation Turbine Kerosene (ATK/Jet A-1); automotive, industrial, and marine lubricants and greases produced under its proprietary Eterna brand as well as through an exclusive manufacturing license and distributorship for BP Castrol products across Nigeria and the Economic Community of West African States (ECOWAS) region; base oils, petrochemicals, and specialty chemicals; coastal terminal storage operations anchored by a 34-million-liter capacity tank farm in Lagos; dedicated airport aviation fuel depot services; and marine bunkering, coastal vessel logistics, and offshore technical support services. The company caters to retail motorists, commercial transport operators, airlines, maritime shippers, manufacturing industries, and public sector institutions. Founded in 1989 and headquartered in Lagos, Nigeria, Eterna PLC operates subsidiaries including Eterna Industries Limited and Eterna Marine Services Limited, and is majority-owned by Preline Limited, an investment affiliate of Rainoil Limited. In recent operational developments, Eterna PLC established a strategic domestic sales distribution partnership with the Dangote Petroleum Refinery to enhance refined product supply and distribution security. Furthermore, the company executed a ₦21.52 billion rights issue to accelerate capital investments, deploying funds toward nationwide retail network expansion and station modernizations, including its flagship mega station in Gbagada, Lagos; technology upgrades at its automated lubricant blending plant in Sagamu; expansion of Liquefied Petroleum Gas retail infrastructure; acquisition of commercial transport assets; and enhancement of aviation fueling capacity, alongside executive leadership appointments including Dr. Jude Nwaulune as Managing Director and Chief Executive Officer.