February 25, 2020 Pakistan Petroleum posts below expectation half year results Pakistan Petroleum (PPL), one of the largest and oldest exploration and production (E&P) company of Pakistan has reported of profit after tax of Rs10.1…
September 21, 2019 Exploration & Production companies in Pakistan experience wild swings Exploration & Production sector in Pakistan has undergone wild swings this year, with the stock price swayed by developments surrounding Kekra-1 offshore well, selling…
August 4, 2019 Pakistan Oilfields full year payout rises to Rs50 per share Pakistan Oilfield (POL) has released financial results for the year ended 30th June 2019. The Company has reported profit after tax of Rs16.8 billion…
May 22, 2019 Pakistan grants oil exploration license to Kuwaiti firm The Government of Pakistan (GoP) has granted the license for exploration of oil in the Makhad block to a subsidiary of Kuwait Foreign Petroleum…
May 2, 2019 Pakistan Petroleum profit declines on hike in exploration charges Pakistan Petroleum (PPL) has reported lower than expected earnings for third quarter ended 31st March 2019. The deviation from analysts’ estimates was mainly on…
April 29, 2019 OGDC announces Rs2.75 per share interim dividend Pakistan’s largest Exploration & Production (E&P) company, Oil & Gas Development Company (OGDC) has reported 9MFY19 profit after tax of Rs85.3 billion (EPS: Rs19.84),…
April 25, 2019 OGDC to post 54% growth in net profit Pakistan’s largest exploration and production (E&P) company, Oil & Gas Development Company (OGDC) is scheduled to announce its third quarter results tomorrow, 26th April…
April 14, 2019 Pakistan Oilfields posts lower than expected earnings Pakistan Oilfields (POL) announced consolidated earnings of Rs3.2 billion (EPS: Rs11.4) for 3QFY19, lower than market expectations, mainly on the back of higher exploration…
January 23, 2018 Financial results of Pakistan Oilfields and Attock Petroleum There are two wide-spread perceptions prevailing in the market: 1) exploration and production companies (E&P) declare high dividend to facilitate the government in meeting…
November 25, 2016 OGDC daily crude oil production surpasses 50,000 barrels It is not a secret that Pakistan is highly deficient in indigenous energy products. Import of crude oil and POL products eats up billions…