The Oil & Gas Development Company Limited (OGDC) has revoked its previously scheduled corporate briefing session for FY2025-26 and Q1 FY2026-27.
- The session was originally set for November 6, 2026.
- The company highlighted the inherent risks and uncertainties associated with forward-looking statements regarding future performance.
- OGDC emphasized its position as Pakistan's largest oil and gas exploration and production company, with a significant market share in crude oil (51%) and gas (28%).
- The company reported a record profit after tax of PKR 242.374 billion and a 52% increase in share price over the last period.
- Key operational highlights included 9 oil and gas discoveries and the highest-ever quarterly dividend declared at PKR 6.
- Future outlook focuses on production optimization, unconventional exploration, and sustainability initiatives.