• Oando posted profit after tax up 8% to NGN 68.6 billion, EPS climbed 60% to NGN 8.
• Revenue rose 20% to NGN 2.1 trillion, gross profit jumped to NGN 101 billion.
• Operating results swung to profit of NGN 127.8 billion, cash generated from operations turned positive at NGN 179.5 billion.
• Average production increased 16% to 42,789 boepd, production opex fell 18% to $16.83/boe.
• Guidance maintained at 40,000-50,000 boepd, traded crude outlook revised to 22-26 MMbbls; targeting about 50,000 boepd in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oando plc published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.