Pakistani (KSE) Energy Sector Analysis

Sector Valuation and Performance

Has the Pakistani Energy Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 25 Dec 2025	PK₨3.2t	PK₨6.2t	PK₨381.8b	8.7x	8.5x	0.5x
Sat, 22 Nov 2025	PK₨3.2t	PK₨6.2t	PK₨381.8b	8.1x	8.3x	0.5x
Mon, 20 Oct 2025	PK₨3.2t	PK₨6.3t	PK₨364.4b	8.1x	8.8x	0.5x
Wed, 17 Sep 2025	PK₨3.2t	PK₨6.4t	PK₨364.7b	8.4x	8.7x	0.5x
Fri, 15 Aug 2025	PK₨3.1t	PK₨6.5t	PK₨361.3b	8.1x	8.5x	0.5x
Sun, 13 Jul 2025	PK₨2.8t	PK₨6.2t	PK₨384.2b	7.7x	7.3x	0.5x
Tue, 10 Jun 2025	PK₨2.7t	PK₨6.2t	PK₨384.2b	7.4x	6.9x	0.4x
Thu, 08 May 2025	PK₨2.4t	PK₨6.2t	PK₨386.9b	6.2x	6.3x	0.4x
Sat, 05 Apr 2025	PK₨2.9t	PK₨6.6t	PK₨384.0b	5.8x	7.5x	0.4x
Mon, 03 Mar 2025	PK₨2.6t	PK₨6.6t	PK₨381.8b	5.4x	6.8x	0.4x
Wed, 29 Jan 2025	PK₨2.6t	PK₨6.7t	PK₨413.8b	6x	6.2x	0.4x
Fri, 27 Dec 2024	PK₨2.9t	PK₨6.7t	PK₨415.5b	5.9x	7x	0.4x
Sun, 24 Nov 2024	PK₨2.3t	PK₨6.7t	PK₨415.5b	5.1x	5.6x	0.3x
Tue, 22 Oct 2024	PK₨2.0t	PK₨6.9t	PK₨457.1b	5x	4.5x	0.3x
Thu, 19 Sep 2024	PK₨1.9t	PK₨7.0t	PK₨515.3b	4.3x	3.7x	0.3x
Sat, 17 Aug 2024	PK₨1.7t	PK₨6.9t	PK₨533.8b	3.6x	3.3x	0.3x
Mon, 15 Jul 2024	PK₨1.7t	PK₨6.9t	PK₨519.3b	3.4x	3.2x	0.2x
Wed, 12 Jun 2024	PK₨1.6t	PK₨6.9t	PK₨514.3b	3.4x	3x	0.2x
Fri, 10 May 2024	PK₨1.7t	PK₨6.9t	PK₨519.5b	3.5x	3.2x	0.2x
Sun, 07 Apr 2024	PK₨1.6t	PK₨6.9t	PK₨559.4b	3.1x	2.8x	0.2x
Tue, 05 Mar 2024	PK₨1.6t	PK₨6.8t	PK₨558.5b	2.9x	2.9x	0.2x
Thu, 01 Feb 2024	PK₨1.6t	PK₨6.6t	PK₨506.1b	3x	3.1x	0.2x
Sat, 30 Dec 2023	PK₨1.5t	PK₨6.6t	PK₨498.5b	3.1x	2.9x	0.2x
Mon, 27 Nov 2023	PK₨1.3t	PK₨6.6t	PK₨498.5b	2.8x	2.7x	0.2x
Wed, 25 Oct 2023	PK₨1.2t	PK₨6.5t	PK₨461.7b	3x	2.6x	0.2x
Fri, 22 Sep 2023	PK₨1.1t	PK₨6.5t	PK₨403.3b	3.1x	2.8x	0.2x
Sun, 20 Aug 2023	PK₨1.2t	PK₨6.5t	PK₨432.1b	2.3x	2.7x	0.2x
Tue, 18 Jul 2023	PK₨1.1t	PK₨6.5t	PK₨429.3b	2.1x	2.5x	0.2x
Thu, 15 Jun 2023	PK₨986.8b	PK₨6.5t	PK₨429.3b	2x	2.3x	0.2x
Sat, 13 May 2023	PK₨989.9b	PK₨6.5t	PK₨429.8b	2x	2.3x	0.2x
Mon, 10 Apr 2023	PK₨1.0t	PK₨6.1t	PK₨417.9b	2.4x	2.4x	0.2x
Wed, 08 Mar 2023	PK₨1.1t	PK₨6.0t	PK₨419.6b	2.6x	2.5x	0.2x
Fri, 03 Feb 2023	PK₨1.1t	PK₨5.5t	PK₨428.0b	2.7x	2.5x	0.2x
Sun, 01 Jan 2023	PK₨1.0t	PK₨5.5t	PK₨428.0b	2.6x	2.4x	0.2x

Current Industry PE

Investors are optimistic on the Pakistani Energy industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 8.5x which is higher than its 3-year average PE of 4.6x.

The industry is trading close to its 3-year average PS ratio of 0.30x.

Past Earnings Growth

The earnings for companies in the Energy industry have declined 3.2% per year over the last three years.
Meanwhile revenues for these companies have grown 4.3% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Pakistani Energy sector?


PK Market	0.027%
Energy	-2.35%
Energy Services	0%	0
Oil and Gas	-2.35%

Industry PE

Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 4.6x.

Analysts are expecting annual earnings growth of 8.7%, which is higher than its past year's earnings decline of 18.1% per year.

Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.6x.

Forecasted Growth

Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 8.7% over the next 5 years.
This is better than its past earnings decline of 18% per year.

In contrast, the Oil and Gas industry is expected to see its earnings grow by 8.7% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	WAFI Wafi Energy Pakistan	PK₨226.43	4.0% +PK₨1.9b	-0.2%	PE8.6x

Company

Last Price

Valuation

WAFI Wafi Energy Pakistan

PK₨226.43

4.0%
+PK₨1.9b

-0.2%

PE8.6x

OGDC: Exploration Upside Will Support Stronger Future Cash Returns

Dec 12Analysts have raised their price target on the company from 400 dollars to 425 dollars, citing slightly higher long term revenue growth expectations that more than offset modestly lower projected profit margins and a richer future earnings multiple. What's in the News Government of Pakistan executed three exploration agreements covering one offshore and two onshore blocks, expanding OGDCL's portfolio in Eastern Offshore Indus C and key onshore areas, and reinforcing its long term growth prospects (Key Developments) OGDCL commenced 1,100 BPD oil production from its new Pasakhi 14 development well in District Hyderabad, using advanced drilling technologies to optimize output and reservoir integrity (Key Developments) OGDCL announced a gas and condensate discovery at Bitrism East 1 in Sindh, with combined test potential of 22.5 MMSCFD gas and 690 BPD condensate, supporting indigenous energy supply (Key Developments) Soghri North Well 1 was brought into production with 14 MMSCFD gas and 430 BPD condensate capacity, connected via a new 14 km flow line to Dakhni Plant for early monetization (Key Developments) The company proposed and then secured shareholder approval for a final cash dividend of PKR 5 per share for FY 2025, in addition to three interim dividends already paid (Key Developments) Valuation Changes Fair Value: raised slightly from 400 dollars to 425 dollars, reflecting a modest upward revision to intrinsic valuation.

Pakistani (KSE) Energy Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

OGDC: Exploration Upside Will Support Stronger Future Cash Returns

New major risk - Revenue and earnings growth

Dividend of PK₨2.00 announced

New major risk - Share price stability

First quarter 2026 earnings released: EPS: PK₨20.74 (vs PK₨9.47 in 1Q 2025)

First quarter 2026 earnings released: EPS: PK₨13.15 (vs PK₨15.99 in 1Q 2025)

First quarter 2026 earnings released: PK₨0.14 loss per share (vs PK₨0.33 loss in 1Q 2025)

Upcoming dividend of PK₨10.00 per share