# OGDC financial performance and production growth

> Live situation record from CLSTR: https://clstr.news/situations/ogdc-financial-performance-and-production-growth
> Updated: 2026-09-05T03:31:00.000Z. Sources: 4. Developments: 2.

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.

## Timeline

### 2026-09-05: 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.

2 sources. https://clstr.news/cluster/ogdc-reports-record-profits-and-highest-ever-annual-dividend-for-fy26

### 2026-08-31: 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.

2 sources. https://clstr.news/cluster/goil-plc-reports-705-net-profit-increase-to-gh9067m

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Cite as: OGDC financial performance and production growth. CLSTR, https://clstr.news/situations/ogdc-financial-performance-and-production-growth