Oil & Gas Development Company Limited (OGDC) has released its quarterly financial report for the period ended September 30, 2026, showcasing significant growth in revenue and profit despite ongoing geopolitical challenges affecting the energy sector.
- Revenue increased by 38% to PKR 132.42B (1Q 2025-26: PKR 96.19B).
- Profit After Tax (PAT) rose by 53% to PKR 58.51B (1Q 2025-26: PKR 38.30B), resulting in Earnings Per Share (EPS) of PKR 13.60 (1Q 2025-26: PKR 8.91).
- The company contributed PKR 82B to the national exchequer through taxes and royalties.
- Average crude oil prices increased to US$ 84.36/barrel from US$ 70.35/barrel year-on-year.
- OGDC maintained a market capitalization of PKR 1,362B as of September 30, 2026.
- The report is unaudited and covers the first quarter of the fiscal year 2026-27.