Question 1

What Is ARADEL Stock Price Today?

Accepted Answer

Aradel Holdings Plc (ARADEL) is trading at ₦1,405 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Aradel Holdings Plc Do?

Accepted Answer

Aradel Holdings Plc originates from the Midas Drilling Fund, established in Nigeria on March 25, 1992, as the nation's inaugural integrated oil and gas investment company. It underwent a name change to Niger Delta Exploration and Production Plc in November 1996 and adopted its current identity as Aradel Holdings Plc in May 2023. The company has evolved into a fully integrated energy group with a legacy rooted in enabling ordinary Nigerians to invest in and benefit from the oil and gas sector. Its operations encompass a broad spectrum of the energy industry, including exploration, production, refining, and distribution, alongside interests in power and renewables. Aradel Holdings primarily serves the Nigerian market, with its flagship asset being the Ogbele Marginal Field in Rivers State, and aims to deliver sustainable energy solutions across Africa.

Question 3

When Was ARADEL Listed on the NGX?

Accepted Answer

Aradel Holdings Plc was listed on the Nigerian Exchange (NGX) on Oct 14, 2024.

Question 4

How Do I Buy ARADEL Stock in Nigeria?

Accepted Answer

ARADEL trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 5

What Sector Does ARADEL Belong To?

Accepted Answer

Aradel Holdings Plc is listed under the OIL AND GAS sector, specifically in the Integrated Oil and Gas Services sub-sector.

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