Mari Petroleum Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Faheem Haider

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.8yrs
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Faheem Haider

3.8yrs

Tenure

Mr. Faheem Haider serves as Chief Executive officer and Managing Director at Mari Petroleum Company Limited since August 12, 2020 and serves as its Director and also serves as its Chief Operating Officer....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Faheem Haider	CEO, COO	3.8yrs	no data	no data
Nabeel Rasheed	Chief Financial Officer	2.8yrs	no data	no data
Brig Syed Raza	Director of Admin & Security	2.3yrs	no data	no data
Fauzia Ahmad	Chief Human Resources Officer	2.3yrs	no data	no data
Afzaal Malik	Head of Internal Audit	11.6yrs	no data	no data
Abdul Khan	Director of Exploration	2.3yrs	no data	no data
Brig Raza	Chief of Staff	2.3yrs	no data	no data
Adeel Ahmed	Chief Internal Audit	1.3yrs	no data	no data
Muhammad Sajjad	Acting Company Secretary	1.8yrs	no data	no data

2.3yrs

Average Tenure

Experienced Management: MARI's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Faheem Haider	CEO, COO	no data	no data	no data
Adnan Afridi	Independent Non-Executive Director	5.2yrs	no data	no data
Ahmed Lak	Non-Executive Director	9.9yrs	no data	no data
Muhammad Salim	Director	1.1yrs	no data	no data
Anwar Hyder	Chairman & Director	less than a year	no data	no data
Syed Kazmi	Director	less than a year	no data	no data
Hassan Yousufzai	Non-Executive Director	less than a year	no data	no data
Abid Hasan	Independent Non-Executive Director	1.9yrs	no data	no data
Seema Adil	Independent Non-Executive Director	1.9yrs	no data	no data
Momin Agha	Director	less than a year	no data	no data
Tariq Qaddus	Director	less than a year	no data	no data

0.9yrs

Average Tenure

Experienced Board: MARI's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Mari Petroleum Management

Management criteria checks 1/4

Key information

Recent management updates

Mari Petroleum Company Limited Announces Board Appointment

Mari Petroleum Company Limited Announces Board Changes

Less than half of directors are independent

Mari Petroleum Company Limited Announces Board Changes

Mari Petroleum Company Limited Announces Director Changes

Mari Petroleum Company Limited Announces Board Changes

Recent updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Mari Petroleum Company Limited Announces Board Appointment

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Dividend of PK₨98.00 announced

Investor sentiment improves as stock rises 18%

First quarter 2024 earnings released: EPS: PK₨144 (vs PK₨95.31 in 1Q 2023)

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of PK₨58.00 per share at 9.1% yield

Mari Petroleum Company Limited Announces Board Changes

Third quarter 2023 earnings released: EPS: PK₨123 (vs PK₨81.63 in 3Q 2022)

Second quarter 2023 earnings: Revenues miss analyst expectations

Price target decreased by 7.4% to PK₨2,355

Consensus EPS estimates increase by 17%

Less than half of directors are independent

First quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of PK₨62.00 per share

Full year 2022 earnings released: EPS: PK₨248 (vs PK₨236 in FY 2021)

Price target increased to PK₨2,363

Oil and Gas Development Company Limited Announces Gas Discovery At Kaleri Shum 01

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to PK₨2,084

Price target increased to PK₨2,052

First quarter 2022 earnings released: EPS PK₨68.21 (vs PK₨67.96 in 1Q 2021)

Upcoming dividend of PK₨75.00 per share

Full year 2021 earnings released: EPS PK₨236 (vs PK₨227 in FY 2020)

GM of Corporate Affairs & Company Secretary Assad Rabbani has left the company

GM of Finance & CFO Muhammad Asif has left the company

Full year 2021 earnings released: EPS PK₨236 (vs PK₨227 in FY 2020)

Non Executive Director Sajid Qazi has left the company

Non-Executive Director Jamil Akbar has left the company

Non-Executive Director Asad Din has left the company

Price target increased to PK₨1,899

Third quarter 2021 earnings released: EPS PK₨52.14 (vs PK₨63.54 in 3Q 2020)

Upcoming dividend of PK₨60.00 per share

Upcoming Dividend of PK₨6.00 Per Share

Second quarter 2021 earnings released

Revenue beats expectations, earnings disappoint

Investor sentiment improved over the past week

New 90-day high: PK₨1,534

New 90-day high: PK₨1,453

Mari Petroleum Company Limited Announces Board Changes

First quarter 2021 earnings released: EPS PK₨67.96

Revenue and earnings beat expectations

New 90-day low: PK₨1,244

Price target raised to PK₨1,604

First quarter earnings released

First-quarter earnings released: Earnings beat expectations

Mari Petroleum Company Limited Announces Director Changes

Mari Petroleum Company Limited Announces Board Changes

Full year earnings released - EPS PK₨227

New 90-day high - PK₨1,413

Full year earnings released - EPS PK₨227

Mari Petroleum Company Limited to Report Fiscal Year 2020 Results on Aug 20, 2020

Mari Petroleum Company Limited Announces Executive Changes

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure