Energy
Downstream fuel distribution (GOIL, TotalEnergies Marketing Ghana) plus upstream oil and gas exposure via Tullow. Distribution margins track the NPA price-setting formula; upstream tracks Brent and the TEN/Jubilee fields.
Market cap
GH₵25.96B
27.7% of listed market
Average 1y return
—
equal-weighted across 3 names
Average dividend yield
4.49%
trailing, equal-weighted
Liquidity
2.7/10
average grade
Industries within energy
Oil & Gas Distribution
2 names- GOILGOILGH₵1.55+1.97%
- TOTALTotalEnergies Marketing GhanaGH₵9.40+1.08%
Oil & Gas Exploration
1 name- TLWTullow OilGH₵16.80-1.75%
All 3 listed names in energy
What to watch
NPA bi-weekly pricing cycles, Brent crude vs domestic pump prices, oil and gas revenue to government, and TEN/Jubilee field production updates.
Policy-maker & analyst lens
Fuel subsidies — if they return — would hit distributor margins and increase contingent fiscal liabilities. Upstream production rates are a direct input to the national Petroleum Holding Fund and the Annual Budget Funding Amount.
Sector analysis is editorial and data is end-of-day. Not investment advice. See all sectors · macro dashboard · global economic context.