PSX Ticker: ogdc - Stock price and company news

Markets

OGDC revitalises oil producing Kunnar-11 well in Sindh

Oil and Gas Development Company Limited (OGDCL) has successfully revitalised production from Kunnar-11 well located...

Updated 08 Jul, 2024 09:56pm

Markets

OGDC revitalises oil & gas well in KPK

Oil and Gas Development Company Limited (OGDCL) has successfully revitalised production from Nashpa-4 located in...

Updated 01 Jul, 2024 04:23pm

Markets

Circular debt: govt approves Rs82bn payment to OGDC

The government has approved a payment of Rs82 billion ($233.17 million) to Oil and Gas Development Company Limited...

Updated 27 Jun, 2024 05:37pm

Markets

OGDCL enhances oil & gas production in KP, Sindh wells

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, achieved a...

Published 03 Jun, 2024 03:45pm

Markets

OGDC sees significant boost in oil production at KPK well

Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa...

Updated 17 May, 2024 04:46pm

Markets

Pakistani companies with market cap of over $1bn at PSX

A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024

Updated 16 May, 2024 12:36pm

BR Research

OGDC – A weaker 3Q

The largest E&P in the country announced its financial performance for 3QFY24 recently where earnings were seen...

Published 10 May, 2024 08:59am

Markets

OGDCL discovers tight gas reserves in Sindh

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has...

Updated 08 Apr, 2024 04:50pm

Markets

OGDCL discovers gas reserves in Khyber-Pakhtunkhwa

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P)...

Updated 26 Mar, 2024 10:05pm

BR Research

OGDC – tax reversal lifts earnings

The largest E&P in the country announced its financial performance for 1HFY24 recently where earnings were seen...

Published 29 Feb, 2024 08:32am

Markets

OGDC’s profit jumps 30% in 1HFY24

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

Published 27 Feb, 2024 02:22pm

Markets

OGDCL discovers ‘significant’ hydrocarbon reserves in Sindh

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has...

Updated 19 Feb, 2024 04:30pm

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

Markets

Market shrugs off energy ministry’s post, KSE-100 loses nearly 3%

Lack of clarity on political front, delays and uncertainty on formation of new govt along with reports around circular debt management plan drive negative sentiment

Updated 12 Feb, 2024 10:52pm

Markets

Oil/gas sector in limelight as KSE-100 gains nearly 800 points

Caretaker govt team's meeting with IMF on circular debt management plan fuels buying interest in index-heavy shares

Updated 06 Feb, 2024 08:17pm

Markets

KSE-100 down 0.81% as profit-taking, rumours dominate session

Benchmark index settles with a loss of over 500 points

Updated 25 Jan, 2024 10:27pm

Markets

Govt executes petroleum concession agreement, exploration licences with E&Ps

Petroleum Division says minimum investment to be carried out by E&P companies will be over $33.3 million in 3 years

Updated 24 Jan, 2024 07:07pm

Markets

OGDCL, PPL & POL get provisional awards for new exploration blocks in Sindh, Balochistan

The Ministry of Energy’s Directorate General of Petroleum Concessions (DGPC) provisionally awarded four new...

Updated 11 Jan, 2024 03:28pm

Markets

OGDCL enhances oil, gas output in Sindh

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has revived...

Published 12 Dec, 2023 03:10pm

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations...

Published 04 Dec, 2023 07:34am

Markets

OGDCL successfully completes Khewari Project

Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production state-owned...

Published 22 Nov, 2023 03:15pm

BR Research

OGDC in 1QFY24

The profitability of the Oil and Gas Development Company Limited (PSX: OGDC) slipped by eight percent year-on-year...

Published 08 Nov, 2023 08:44am

Markets

OGDC’s earnings clock in at whopping Rs224.6bn in FY23, up 68% YoY

Oil and Gas Development Company Limited (OGDC), the country’s largest E&P company, posted a profit-after-tax...

Updated 28 Sep, 2023 09:39pm

Markets

OGDCL discovers gas reserves in Rahim Yar Khan, Punjab

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has...

Updated 19 Sep, 2023 07:59pm

Markets

OGDCL sees significant oil & gas production increase in KPK well

Nashpa Well-10 is situated within the Nashpa Development and Production Lease in the Karak district of the Khyber Pakhtunkhwa province

Updated 13 Sep, 2023 04:24pm

Markets

OGDCL initiates hydrocarbon production from Nashpa-11 well

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has commenced...

Published 12 Sep, 2023 03:16pm

Markets

OGDCL’s KP well sees major boost in production

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has achieved...

Updated 30 Aug, 2023 07:43pm

Markets

Circular debt settlement: OGDC says it has not received any formal communication yet

Company says any information in circulation about settlement plan might be speculative

Published 18 Aug, 2023 07:11pm

Markets

OGDCL sees significant oil & gas production increase in Sindh

Oil and Gas Development Company Limited (OGDCL) has registered a significant increase in oil and gas production from...

Updated 31 Jul, 2023 05:42pm

Markets

KSE-100 crosses 48,000-point level after nearly 2 years

Oil/gas and banking sectors gain on positive triggers

Updated 31 Jul, 2023 07:29pm

Markets

Pakistan oil companies sign MoU to collaborate with Saudi Aramco on $10bn refinery

Project will have significant foreign investment from energy giants through equity participation

Updated 27 Jul, 2023 10:48pm

Markets

OGDCL, PSO ink agreement for ‘greenfield refinery project’ in Balochistan

MoU signed between both companies for cooperation/collaboration and joint investment strategy for setting up project under consortium arrangement with foreign investors

Updated 27 Jul, 2023 05:06pm

Markets

Despite profit-booking: KSE-100 closes over 47,000, first time since Nov 2021

PSO, OGDC, and PPL see heavy buying interest
Index settles at 47,077 after increase of 394.47 points

Updated 27 Jul, 2023 04:59pm

Markets

OGDCL provisionally awarded new exploration blocks in Sindh, Punjab

Oil and Gas Development Company Limited (OGDCL) has been provisionally awarded two new exploration blocks in Sindh...

Updated 03 Jul, 2023 07:07pm

Markets

OGDCL commences oil & gas production from KPK field

Company is set to start production from its Wali (Bettani) Gas Field, integrating it into the national grid

Published 15 Jun, 2023 03:48pm

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations...

Published 16 May, 2023 08:49am

BR Research

OGDC – highest every quarterly earnings!

The oil and gas exploration and production sector has been enjoying high crude oil prices that have kept the...

Published 03 May, 2023 08:46am

Markets

OGDC’s profit-after-tax jumps 50% YoY in third quarter

Oil and Gas Development Company’s (OGDC), Pakistan’s largest E&P company, saw its profit jump by 50% to Rs64.627...

Published 27 Apr, 2023 03:44pm

Markets

Within a week: OGDCL makes yet another oil & gas discovery in Sanghar, Sindh

Company said this is the eleventh discovery in Sinjhoro Block

Updated 22 Dec, 2022 05:21pm

Markets

OGDCL discovers oil & gas reserves in Sindh

Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration company in Pakistan, on Monday...

Updated 19 Dec, 2022 04:36pm

Pakistan

OGDC, PPL & GHPL sign definitive agreements for reconstituted Reko Diq project

SOEs utilise sums deposited in an interest-bearing, offshore, escrow account

Updated 16 Dec, 2022 03:19pm

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limi-ted (PSX: OGDC) is the largest E&P company in the country with operations...

Updated 21 Nov, 2022 10:11am

BR Research

E&Ps –jovial start to FY23

While the local E&P companies might be seen to boast increased drilling and exploration activity, they have been...

Published 16 Nov, 2022 08:54am

Markets

OGDCL, MARI & PPL get provisional award for new exploration blocks in Balochistan

MARI says likely acquisition of new exploration blocks in accordance with its exploration business plan

Updated 08 Nov, 2022 05:10pm

Pakistan

OGDC, PPL to participate in reconstituted Reko Diq project

Oil and Gas Development Company Limited (OGDC), Pakistan Petroleum Limited (PPL) and Government Holdings Private...

Updated 31 Oct, 2022 04:20pm

Markets

OGDCL discovers oil reserves in Punjab

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Updated 27 Oct, 2022 03:54pm

BR Research

E&P sector gaining from falling PKR

The oil and gas exploration and production companies had good earnings growth in FY22 due to the depreciation...

Published 27 Oct, 2022 07:50am

BR Research

OGDCL – improved production in FY23?

Oil and Gas Development Company Limited (PSX: OGDCL) - the largest oil and gas exploration and production company ...

Published 26 Sep, 2022 08:56am

Markets

OGDC says gas reserves discovered in Khyber Pakhtunkhwa

Gas reserves have been discovered in Tolanj West-02, a development well in Tal block located in Kohat Plateau, ...

Updated 19 Sep, 2022 06:55pm

Markets

Gas reserves discovered in Khyber-Pakhtunkhwa's Tal block

Gas reserves have been discovered in Tolanj West-02, a development well in Tal block located in Kohat Plateau, ...

Published 31 Aug, 2022 04:23pm

BR Research

Oil and Gas Development Company Limited

The country’s largest E&P company - Oil and Gas Development Company Limited (PSX: OGDCL) with operations...

Published 24 Jun, 2022 08:55am

Markets

OGDCL discovers oil, gas reserves in Sindh and Punjab

Discoveries made in Rajanpur, Punjab and district Tando Allah Yar, Sindh

Published 22 Jun, 2022 11:47am

Business & Finance

SNGPL to lay infrastructure for North Waziristan, Lakki Marwat gas reserves

Estimated cost of project is Rs23.4 billion, expected to be completed within FY 2022-23

Published 17 Jun, 2022 11:53am

Markets

OGDCL announces gas discovery in Sindh's Ghotki

The Oil and Gas Development Company Limited (OGDCL) on Wednesday announced a gas discovery from an exploratory well...

Published 15 Jun, 2022 03:49pm

Markets

MSCI adds OGDC into Frontier Markets Index, HBL moves to Small Cap

Pakistan has an estimated weight of ~1% in MSCI FM Index

Updated 13 May, 2022 05:47pm

BR Research

OGDCL – profits gushing

High oil prices along with currency depreciation have been key factors of growth in the revenues of oil and gas...

Published 13 May, 2022 06:29am

Business & Finance

OGDCL, POL get provisional award for new exploration block in Balochistan

OGDCL says participating in bidding round part of strategy plan to invest in core business

Updated 09 May, 2022 04:36pm

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations...

Published 18 Apr, 2022 08:33am

Business & Finance

PPL, OGDCL enter into agreement for Reko Diq project

Pakistan Petroleum Limited (PPL) and Oil & Gas Development Company Limited (OGDCL) have entered into a...

Published 21 Mar, 2022 01:09pm

BR Research

OGDC - exchange rate and oil prices reigning

FY22 has been benefitting the oil and gas exploration and production sector in Pakistan because of spiking...

Published 02 Mar, 2022 08:05am

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations...

Published 11 Jan, 2022 08:13am

BR Research

OGDC - earnings a multiple of 2Ps

Waning foreign direct investment along with the drying up of local reserves and hence weaker production stats for...

Published 01 Nov, 2021 07:30am

BR Research

OGDCL keeps it flowing

Waning foreign direct investment has not been the only concern for the hydrocarbon exploration and production ...

Published 04 Oct, 2021 07:35am

Business & Finance

OGDC discovers gas & condensate reserves in Bannu Basin

The Oil and Gas Development Company Limited (OGDCL) has discovered gas and condensate reserves in Khyber Pakhtunkhwa...

Updated 07 Sep, 2021 09:02pm

Business & Finance

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

Business & Finance

OGDCL discovers gas and condensate reserves in KPK

The Oil and Gas Company Limited (OGDCL) has discovered gas and condensate reserves in Kohat Basin of Khyber...

Published 29 Jul, 2021 01:41pm

Business & Finance

ODGCL discovers gas reserves in Balochistan

OGDCL said that the discovery of Jandran X-04 is the result of aggressive exploration strategy adopted by the company.

Published 17 May, 2021 11:46am

BR Research

E&P companies take a hit

The oil and gas exploration and production sector has not been vibrant due to weaker oil and gas production amid...

Published 28 Apr, 2021 07:35am

BR Research

A slower quarter for E&Ps

The E&P sector’s production of crude oil and natural gas has been declining in recent years due to depleting...

Published 02 Mar, 2021 07:40am

Business & Finance

OGDCL discovers Hydrocarbon reserves in Sindh

As per details, the OGDCL as the operator (95 percent) and Government Holding (Private) Limited (5%) has discovered gas and condensate from its exploratory well Sial-1, which is located in district Hyderabad, Sindh province.

Published 02 Feb, 2021 12:19pm

Business & Finance

Govt gives Provisional Award of New Exploration Blocks to E&P firms

The blocks have been awarded after competitive bidding, on the basis of work units committed by different E&P Companies in the Block Bidding Round 2020 arranged by the Government.

Published 28 Jan, 2021 10:47am

BR Research

Oil and Gas Development Company Limited

Updated 25 Jan, 2021 10:08am

Business & Finance

OGDCL discovers Hydrocarbon reserves in Balochistan

The discovery of Lakhirud X-1 has opened a new avenue and would add to the hydrocarbon reserve base of OGDCL, added the company.

Published 27 Nov, 2020 02:21pm

BR Research

OGDCL 1QFY21 – slow or improving?

There are two ways to look at Oil and Gas Development Company’s (PSX: OGDCL) financial performance for 1QFY21:...

Published 04 Nov, 2020 08:02am

Markets

OGDCL in FY20 - a slow year

FY20 hs been a slow year for the oil and gas exploration and production sector where crashing oil prices along with...

Published 01 Oct, 2020 08:49am

Business & Finance

OGDCL discovers Hydrocarbon reserves at Kohat

The Joint Venture of Baratai Block comprising OGDCL as operator (97.5%) and Khyber Pakhtunkhwa Oil & Gas Company Limited (KPOGCL) (2.5%) has discovered Gas & Condensate from its exploratory Well Siab-1, announced the company on Friday.

Published 28 Aug, 2020 04:08pm

Markets

OGDCL discovers oil and gas reserves in Kohat

As per details, ODGCL, Mari Petroleum Company Limited, and Saif Energy Limited has made a gas and condensate discovery from its exploratory efforts at Togh Bala Well No. 01.

Published 25 Aug, 2020 10:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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