Oando is a Nigerian integrated energy company involved in oil and gas exploration, production, distribution and retail operations across Africa. This video explores the company’s strategic approach to indigenous oil operations in the Niger Delta, highlighting its substantial infrastructure assets including six oil fields, 1,490km of pipeline network and gas facilities. Oando is transitioning from traditional oil production towards becoming a diversified energy solution provider, incorporating gas distribution and renewable energy, while maintaining its commitments to integrity, safety, community engagement and stakeholder value.

For any income-focused investor moving from initial interest to active consideration of adding a stock to their portfolio, it is advisable to interrogate the extent to which the company’s strategy is supported by a durable and mathematically sound shareholder return framework.

Will they secure the dividend and fund buybacks?

An analysis for income-focused investors

For any major integrated energy company, the central challenge is clear: deliver competitive shareholder returns today while navigating the complexities of the global energy transition. bp has announced a "fundamental update" of its strategy—a decisive answer to this challenge that reflects decades of leadership experience and the imperative to deliver strong performance for shareholders.

Here’s the scorecard to watch

Weak markets, profit helped by cost savings

Voluntary exchange offer was announced in September.

Victoria has announced that CEO Philippe Hamers has proposed to retire.

Victoria has announced a voluntary exchange offer for its existing 2028 senior secured notes.

AGM statement says no change in trading conditions

Banco Angolano de Investimentos (BAI) is the largest Angolan bank by assets. It is a money centre, institutional-focused bank, with high investment and trading revenue, funded by a diversified deposit base. Its strong capital base and solvency position it for growth in an Angolan economic upswing. BAI’s low loan-to-deposit ratio provides optionality in the long term to drive higher returns on assets and equity. It started to roll out credit more strongly during FY24, a trend that has continued in H125.