February 23, 2022 OGDC 2QFY22 profit up 87%YoY Pakistan’s largest oil & gas exploration and production company, Oil & Gas Development Company (OGDC) announced its 2QFY22 profits of Rs35.3 billion (EPS: Rs8.2),…
October 22, 2021 Pakistan Oilfield posts Rs5.3 billion net profit for 1QY22 Pakistan Oil Field Limited (POL) announced its 1QFY22 result today where the company’s earnings clocked in at Rs5.3 billion (EPS: Rs18.5). The result announcement…
July 9, 2021 Pakistan oil production declines, gas production remains flat According to a report by Topline Securities, Pakistan oil production in 4QFY21 was down 3% QoQ to 74,700 barrel per day (bpd). The decline…
April 26, 2021 Pakistan awards exploration blocks to state-run Exploration & Production companies Reportedly, the Government of Pakistan has awarded six petroleum exploration blocks in Sindh, Baluchistan and Punjab to state-run oil and gas exploration and production…
March 20, 2021 Earnings forecast of Pakistani exploration & production companies revised Pakistan’s leading brokerage house, Topline Securities has revised earnings forecasts of its Exploration & Production (E&P) universe for FY21-FY23 after the increase in per…
November 24, 2020 Pakistan Petroleum overdue receivables spike to Rs305 billion Pakistan Petroleum (PPL) has a take or pay agreement with GENCOs on 72.5% of the 200mmcfd (or 145mmcfd) gas flows from Kandhkot field. Currently there…
October 25, 2020 Pakistan Petroleum reports EPS: Rs5.27 for 1QFY21 Pakistan Petroleum (PPL) reported profit after tax of Rs14.4 billion (EPS: Rs5.27), significantly higher than expected. Deviation from expectations stems from higher Net Sales,…
August 26, 2020 Pakistan Oilfields 4QFY20 EPS declines by 57%YoY Pakistan Oilfields (POL) announced its 4QFY20 results, reporting unconsolidated EPS of Rs8.56; down 57%YoY, in line with market expectations. The Company also announced final…
April 26, 2020 OGDC posts EPS at Rs7.08, up 7%YoY Leading oil and gas exploration company of Pakistan, Oil & Gas Development Company (OGDC) has posted profit after tax of Rs30.5 billion (EPS: Rs7.08)…
April 16, 2020 Pakistan to post lower oil and gas production for 3QFY20 Oil production in the country during third quarter of current financial year (3QFY20) is likely to post 10%YoY decline in production, as against one…