Sui Northern Gas Pipelines Limited (SNGP) announced the financial result for 9MFY22 today, posting a profit after tax (PAT) of PKR 9,437mn (EPS: PKR 14.88) compared to PKR 8,939mn (EPS:…
Oil & Gas Development Company Limited (OGDC) posted a profit after tax of PKR 133,784mn (EPS: PKR 31.11) during FY22 against PKR 91,534mn (EPS: PKR 21.28) in FY21, witnessing a…
Attock Petroleum Limited (APL) held its analyst briefing earlier today to discuss the FY22 results, the highlights of which are as follows: · APL's market share for FY22 stands…
Pakistan Oilfields Limited (POL) held its corporate briefing session today to discuss its FY22 financial results. POL posted unconsolidated earnings of Rs25.9bn (EPS Rs91.37) in FY22, up 94% YoY. Despite…
As per latest financial result announcement, Pakistan Petroleum Limited (PPL) posted a profit after tax of PKR 53,546mn (EPS: PKR 19.68) during FY22 compared to PKR 52,431mn (EPS: PKR 19.27)…
Oil & Gas Development Company Limited (OGDC) is scheduled to announced its FY22 financial result on 22nd Sep'22, where we expect earnings to settle at PKR 136,512mn (EPS: PKR 31.74),…
Pakistan Petroleum Limited (PPL) is expected to announce its FY22 financial result on 20th Sep'22, where we expect company's bottom-line to clock-in at PKR 64,122mn (EPS: PKR 23.57) in contrast…
Pakistan oil sales increased by 6% MoM in Aug-2022 driven by High Speed Diesel (HSD) and Motor Spirit (MS) demand which improves by 12% and 7% MoM respectively. This rise…
Hascol Petroleum (HASCOL) after obtaining its OMC license in 2005, massively expanded its storage capacity and retail network becoming the second largest OMC Company in 2018. However, domestic macroeconomic environment…
According to the latest hydrocarbon reserves data by PPIS, oil reserves during Jun'22 have reduced by 7% YoY, arriving at 233mn bbl compared to 249mn bbl in Jun'21. The decline…
SNGP held its conference call today whereby the management discussed the FY21 financials and its future outlook. The call was led by the MD Mr. Ali Hamdani. Brief Takeaways · The…
Pakistan State Oil Company Limited (PSO) is scheduled to announce its FY22 financial result on 26th Aug'22, where we expect the company to post a profit after tax of PKR…
The Board of Directors of Shell Pakistan Limited (SPL) announced the Company's half year results on August 17th, 2022. The Company posted a profit after tax of PKR 7,469 million…
Attock Petroleum Limited (APL) announced the financial result for FY22, whereby the company has posted a profit after tax (PAT) of PKR 18,536mn (EPS: PKR 186.23) compared to PKR 4,920mn…
Pakistan Oilfields Limited (POL) reported its earnings earlier today, announcing NPAT of PkR25,935mn for FY22, higher by 95% compared to the same period last year. For the final quarter, the…
Attock Petroleum Limited (APL) is scheduled to announce its FY22 financial result on 16th Aug'22, where we expect the company to report a PAT of PKR 18,577mn (EPS: PKR 186.65)…
Pakistan Oilfields Limited (POL) schedules to announce its financial result for FY22 on 16th Aug'22, where we project the company to post a profit after tax of PKR 25,013mn (EPS:…
· Attock Petroleum Limited (APL) is expected to announce its 4QFY22 result on 16th August, where we expect the company to post PAT of PkR7.2bn (EPS: PkR73). · We expect…
· The London Court of International Arbitration (LCIA) has ruled in favour of Sui Northern Gas Pipeline Limited (SNGP) on its claim against Quaid-e-Azam Thermal Power (Private) Limited (QATPL). ·…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam has announced a 7-member committee to help the victims of rain and flood in Balochistan under his supervision. Other…
Mari Petroleum Company Limited is expected to announce its FY22's financial result on 4th Aug'22, where we expect the net profit to settle at PKR 33,441mn (EPS: PKR 250.68) against…
Pakistan oil sales commenced FY23 with a decline of 26% MoM to clock in at 1.44mn tons in July 2022 (lowest since Feb-21). This was mainly due to significant decline…
· We expect Pakistan State Oil (PSO) to post PAT of PkR44bn (EPS: PkR94) in its 4QFY22 result, increasing by 290%YoY/30%QoQ on the back of astronomical inventory gains, subsequently keeping gross…
Pakistan oil sales declined by 11% MoM to 1.9mn in June 2022, mainly driven by ~14% MoM dipped in MOGAS and HSD sales. This was due to a sharp increase…
Shell has been a leading global supplier of finished lubricants for 15 consecutive years. Shell Lubricants business in Pakistan has appointed Burque Corporation to manage its distribution in Quetta to…
