Update shared on 27 Nov 2025
Fair value Increased 11%Analysts have raised their price target for oil and gas development from $333.43 to $370.60, citing stronger profit margins and adjustments to future earnings projections as key factors for the upward revision.
What's in the News
- OGDCL commenced 1,100 BPD oil production from the new Pasakhi-14 well in District Hyderabad, using advanced drilling technology and equipment. (Key Developments)
- A final cash dividend of PKR 5 per ordinary share (50 percent) was approved at the AGM for the year ended June 30, 2025, in addition to three interim dividends paid earlier. (Key Developments)
- OGDCL joined a farm-out agreement to acquire a 20 percent working interest in the Eastern Offshore Indus-C Block, partnering with entities including Pakistan Petroleum Limited and Turkish Petroleum Overseas Company, to boost offshore exploration. (Key Developments)
- OGDCL, in a joint venture, announced the discovery of significant gas and condensate reserves at the Bitrism East-1 well in Sindh Province. (Key Developments)
- Soghri North Well-1 has been brought into production with a capacity of 14.0 MMSCFD of gas and 430 BPD of condensate, supporting early monetization and energy security. (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has increased from PKR 333.43 to PKR 370.60, reflecting improved outlooks.
- Discount Rate edged up marginally from 26.69 percent to 26.71 percent.
- Revenue Growth projection declined from 9.48 percent to 6.27 percent, indicating more conservative estimates.
- Net Profit Margin has risen slightly from 39.89 percent to 40.48 percent.
- Future P/E ratio increased from 13.91x to 17.05x, suggesting higher market expectations for earnings.
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