Five takeaways from MRS Oil’s nine-month 2024 results

MRS Oil, a downstream oil and gas firm in Nigeria, began the year with a share price of N105.00 and traded at a share price of N132.00 as of November 22, 2024. According to Investing.com, a real-time financial platform, between July and September 2024, MRS appreciated from N132.65 as of July 1 to N132.70 as of September 30. During the period, investors' appetite for the company’s shares grew marginally on demand. The firm has now reached a market capitalisation of N45.2 billion, making it one of the most capitalised oil and gas stocks in