Oman Oil Marketing SAOG (OOMS)

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News

20 May 2021 11:23 AM Ooredoo appoints new CEOs in Oman, Algeria

Mubasher: National Mobile Telecommunications Company (Ooredoo) has appointed Noor Al Sulaiti as CEO of Ooredoo Oman and Bassam Yousef Al Ibrahim as CEO of Ooredoo Algeria. With over 17-year experience in the telecom industry, Al Sulaiti is the …

Management Decisions

8 January 2020 04:34 PM Oman Oil Marketing Company launches sultanate’s 1st green service station

Mubasher: Oman Oil Marketing Company (OOMCO) has launched the sultanate’s first green service station, according to a statement released on Wednesday. Located in Rusayl in northeastern Oman, the new station includes various eco-friendly features, …

Macroeconomics

11 February 2019 01:17 PM Oman Oil Marketing eyes expansion in Saudi Arabia, Tanzania

Mubasher: Oman Oil Marketing Company (OOMCO) announced plans to further continue its global expansion in Saudi Arabia and Tanzania. OOMCO aims to achieve strategic growth by introducing its one-stop-shop service stations internationally, Times of …

Macroeconomics

4 December 2018 07:31 PM Oman Oil awards OMR43m fuel supply deal to Rural Area

Oman Oil Marketing Company has awarded a tender of fuel supply to Rural Areas Electricity for a two-year duration

Global Reports

26 March 2017 10:27 AM Oman Oil approves 60% annual dividends

Mubasher: Oman Oil Marketing said its shareholders approved 60% dividends or 60 baisas per share for the fiscal year 2016, according to a bourse statement. Total dividend payout amounts to OMR 6.13 million for FY16.

Cash Dividends

17 January 2017 09:11 AM Oman Oil Q4 profits down 39% in Q4

Mubasher: Oman Oil Marketing posted a 38.7% decline year-on-year in its profits during the fourth quarter of 2016, according to a bourse statement. Profits reached OMR 2.04 million ($5.28 million) in Q4-16, compared to OMR 3.33 million ($8.62 …

Financial Results

13 October 2016 10:24 AM Oman Oil Q3 profits fall 19%

Mubasher: Oman Oil Marketing reported on Thursday a 19% fall in the company’s profits for the third quarter of the fiscal year 2016 to OMR 2.71 million ($7.02 million), versus OMR 3.35 million ($8.67 million) for Q3-15. In the first nine months of …

Financial Results

17 July 2016 11:45 AM Oman Oil profits fall 6% in Q2

Mubasher: Oman Oil Marketing posted a rise of 5.5% in its profits for the second quarter of 2016, according its unaudited financial results. The company earned OMR 2.73 million ($7.02 million) in Q2-16, compared to OMR 2.89 million ($7.43 million) …

Financial Results

14 April 2016 09:13 AM Oman Oil’s profit rises 19.7% in Q1

Mubasher: Oman Oil Marketing’s unaudited financial statements showed a 19.7% year-on-year fall in the company’s net profit in the first quarter of the fiscal year 2016. Net profit reached OMR 2.12 million ($5.49 million) in Q1-16, compared to OMR …

Financial Results

29 March 2016 02:11 PM Oman Oil Marketing’s OGM approves 60% cash dividends

Mubasher: Oman Oil Marketing Company’s ordinary general meeting (OGM) agreed yesterday to distribute cash dividends at 60% of the issued capital or 60 Baisas per share for the fiscal year 2015. The company is capitalised at OMR 6.13 million ($15.9 …

Cash Dividends

17 March 2016 10:56 AM Oman Oil Marketing to consider proposed dividends end-March

Oman Oil Marketing will hold an ordinary general meeting on 28 March to discuss the recommended dividends for the fiscal year 2015, the company said in a bourse statement. The board has proposed a 60% cash dividend of the capital or 60 baisa per …

Cash Dividends

5 January 2016 06:08 AM Omani investment, reserve funds to form matels JV

Mubasher: Oman’s State General Reserve Fund (SGRF) and Oman Investment Fund (OIF) are among a group that will sign an agreement on Tuesday to establish an Omani metals development company. To be sealed at the Capital Market Authority’s office, the …

Companies Investments

14 October 2015 07:20 AM Preliminary Un-Audited Financial results for the nine months ended 30th September 2015

Quarterly Financial Disclosures   Company: Oman Oil Marketing Company SAOG   In compliance with the rules and guidelines on Disclosures; issued by the Capital Market Authority under the administrative decision No E/5/2014 dated 29th May 2014, Oman …

15 July 2015 00:27 PM Performance Highlights YTD June 2015

The Audit Committee and Board of Directors of Oman Oil Marketing Company SAOG have approved the Un-Audited Financial results for the 6 months period ended at 30th June 2015, on 14th July 2015 and 15th July 2015 respectively.   The salient …

15 April 2015 07:46 AM Preliminary Un-audited results for the three months ended 31st March 2015

Oman Oil Marketing Company SAOG   In compliance with the rules and guidelines on Disclosures; issued by the Capital Market Authority under the administrative decision No E/5/2014 dated 29th May 2014, Oman Oil Marketing Company SAOG wish to …

29 March 2015 11:44 AM Oman Oil Marketing approves 60% dividends

 Oman – Mubasher: Oman Oil Marketing said its shareholders approved a cash dividend of 60% of capital, amounting to 60 baisa per share, revealed filing to the Muscat Securities Market (MSM).The marketing company reported a net profit of OMR …

Corporate Actions

14 September 2014 03:38 PM Revised MSM Sharia Index begins trading Sunday

The Muscat Securities Market (MSM) has revealed that the revised Shariah Index, which consists of 32 listed companies, will begin trading on Sunday, September 14, reported Muscat Daily, adding that MSM revises the sample …

Market News