Shell Pakistan Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Waqar Siddiqui

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.7yrs
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO

Waqar Siddiqui

2.7yrs

Tenure

Mr. Waqar I. Siddiqui serves as Managing Director at Shell Pakistan Limited since January 2022. He had been Director at Shell Pakistan Limited since December 2019 and has been its Chief Executive Officer s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Waqar Siddiqui	MD & CEO	2.7yrs	no data	no data
Zarrar Mahmud	CFO, Finance Director & Executive Director	2.9yrs	no data	no data
Madiha Khalid	Head of Human Resources & Director	6.5yrs	no data	no data
Lalarukh Hussain-Shaikh	Company Secretary	5.6yrs	no data	no data

4.3yrs

Average Tenure

Experienced Management: SHEL's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zarrar Mahmud	CFO, Finance Director & Executive Director	no data	no data	no data
Madiha Khalid	Head of Human Resources & Director	5.8yrs	no data	no data
Zaffar Khan	Independent Director	4yrs	no data	0.000090% PKR 25.8k
Sultan Mohammad Ghias	Independent Director	7.2yrs	no data	0.000090% PKR 25.8k
Badaruddin Vellani	Non-Executive Director	16.1yrs	no data	0.00018% PKR 51.7k
Imran Ibrahim	Independent Director	4yrs	no data	0.25% PKR 70.9m
Zain Hak	Non-Executive Chairman	2.8yrs	no data	no data
Rafi Basheer	Non-Executive Director	7.8yrs	no data	no data
Amir Paracha	Independent Director	3.8yrs	no data	0.000080% PKR 23.0k
Mohammed Al Balushi	Director	less than a year	no data	no data

4.0yrs

Average Tenure

Experienced Board: SHEL's board of directors are considered experienced (4 years average tenure).

Shell Pakistan Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Shell Pakistan Limited Appoints Zain Khurshid Hak as Chairperson of the Board of Directors

Less than half of directors are independent

High number of new directors

High number of new directors

Recent updates

New minor risk - Market cap size

New major risk - Earnings quality

Less than half of directors are independent

Investor sentiment improves as stock rises 16%

Wafi Energy LLC executed a share purchase agreement to acquire 77.42% stake in Shell Pakistan Limited (KASE:SHEL) from The Shell Petroleum Company Limited.

Wafi Energy LLC executed a share purchase agreement to acquire 77.42% stake in Shell Pakistan Limited (KASE:SHEL) from The Shell Petroleum Company Limited.

Upcoming dividend of PK₨5.00 per share at 3.1% yield

Third quarter 2023 earnings released: EPS: PK₨13.60 (vs PK₨21.70 loss in 3Q 2022)

Aramco Reportedly to Study Potential Bid for Shell’s Pakistan Unit

Second quarter 2023 earnings released: EPS: PK₨38.79 (vs PK₨25.36 in 2Q 2022)

New major risk - Share price stability

Shell Pakistan Limited Appoints Zain Khurshid Hak as Chairperson of the Board of Directors

New minor risk - Share price stability

Less than half of directors are independent

Full year 2022 earnings released: PK₨0.34 loss per share (vs PK₨21.88 profit in FY 2021)

High number of new directors

Third quarter 2022 earnings released: PK₨21.70 loss per share (vs PK₨1.39 profit in 3Q 2021)

Second quarter 2022 earnings released: EPS: PK₨25.36 (vs PK₨1.04 in 2Q 2021)

Price target decreased to PK₨115

First quarter 2022 earnings released: EPS: PK₨9.72 (vs PK₨11.17 in 1Q 2021)

High number of new directors

Full year 2021 earnings released: EPS: PK₨21.88 (vs PK₨45.05 loss in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨1.39 (vs PK₨16.93 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨1.04 (vs PK₨33.13 loss in 2Q 2020)

Investor sentiment improved over the past week

Price target increased to PK₨340

First quarter 2021 earnings released: EPS PK₨11.17 (vs PK₨40.49 loss in 1Q 2020)

Full year 2020 earnings released: PK₨45.05 loss per share (vs PK₨13.88 loss in FY 2019)

Full year 2020 earnings released: PK₨45.05 loss per share (vs PK₨13.88 loss in FY 2019)

New 90-day low: PK₨199

New 90-day low: PK₨204

New 90-day high: PK₨266

Third quarter earnings released

First half earnings released

First half earnings released

New 90-day high - PK₨251

New 90-day high - PK₨208

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure