About Oil Exploration & Production
29 Jul 2026Oil Exploration & Production is one of 11 industries in the Oil, Gas & Consumable Fuels sector. Solomo tracks 7 listed companies classified as Oil Exploration & Production on India's NSE and BSE, out of 75 in the Oil, Gas & Consumable Fuels sector. Their combined market capitalisation was ₹4,01,042 crore (₹4.01 lakh crore) on 29 Jul 2026, 11.8% of the Oil, Gas & Consumable Fuelssector's total and the 2nd largest of its 11 industries by market value. All 7 carry both an NSE symbol and a BSE scrip code.
The 3 largest by market capitalisation are Oil & Natural Gas Corpn Ltd (₹3,08,217 crore), Oil India Ltd (₹69,131 crore) and Vedanta Oil and Gas Ltd (₹15,149 crore).
Median trailing P/E across the 6 companies with a reported ratio is 48.2, and median return on capital employed (ROCE) across 7 companies is 11.1%.
One of them ranks among the 100 largest listed companies in India by market capitalisation on 29 Jul 2026: Oil & Natural Gas Corpn Ltd (#25).
| Company | Market cap | P/E | ROCE |
|---|---|---|---|
| Oil & Natural Gas Corpn Ltd | ₹3,08,217 Cr | 7.4 | 14.7% |
| Oil India Ltd | ₹69,131 Cr | 10.4 | 11.1% |
| Vedanta Oil and Gas Ltd | ₹15,149 Cr | — | 28.2% |
| Antelopus Selan Energy Ltd | ₹2,874 Cr | 32.1 | 18.2% |
| Prabha Energy Ltd | ₹2,070 Cr | — | 0.1% |
| Hindustan Oil Exploration Company Ltd | ₹2,034 Cr | 64.3 | 3.2% |
| Gujarat Natural Resources Ltd | ₹1,568 Cr | 159.7 | 6.3% |
Other industries in Oil, Gas & Consumable Fuels: Refineries & Marketing (11), Coal (14), LPG/CNG/PNG/LNG Supplier (8), Gas Transmission/Marketing (5), Trading - Gas (2), Lubricants (8), Oil Storage & Transportation (3), Oil Equipment & Services (6), Offshore Support Solution Drilling (4) and Trading Coal (7).
Market capitalisation, P/E and ROCE are from Solomo's fundamentals snapshot dated 29 Jul 2026; the interactive table above re-prices market cap and P/E against live quotes during market hours, so intraday figures there will differ. Sector and industry labels follow the NSE and BSE classification, and any market-cap rank quoted above is taken across Solomo's full NSE and BSE universe. Reference data, not investment advice.