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2 clusters · 4 sources · 5 days · First seen 11 days ago · Last updated 7 days ago

OGDC financial performance and production growth

Overview

Oil and Gas Development Company Limited (OGDC) reported record financial performance for fiscal year 2026. The company’s earnings per share (EPS) rose 42.8% year-on-year to Rs. 56.35, driven by increased oil and gas production and a one-off reversal of a super tax provision.

Total revenue reached approximately Rs. 449.2 billion, with profit after tax increasing 43% to Rs. 242.374 billion. Consequently, OGDC announced its highest-ever annual dividend of Rs. 17 per share. Operational growth included a 25% increase in oil production and a 17% increase in gas production, alongside nine new discoveries adding 120 MMBOE of 2P reserves.

Entities

Pakistan · GOIL PLC · State Interests and Governance Authority · Edward Abambire Bawa · Oil and Gas Development Company Limited

Timeline

7 days ago

[BUSINESS] 2 sources
OGDC reports record profits and highest-ever annual dividend for FY26
OGDC reported a 43% increase in profit for FY26, reaching Rs. 242.374 billion, and declared its highest-ever annual dividend of Rs. 17 per share.
11 days ago

[BUSINESS] 2 sources
GOIL PLC reports 7.05% net profit increase to GH¢90.67m
GOIL PLC's net profit rose 7.05 per cent to GH¢90.67 million in 2025, despite a nearly 9 per cent drop in operating revenue, according to a SIGA report.

Sources

adomonline.com · pakbanker.com · thevoicenewsmagazine.com · tradechronicle.com