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Company Profile
Oil and Gas Development Company Limited (OGDCL), was incorporated on 23 October 1997 under the Companies Ordinance, 1984 (now the Companies Act, 2017). The Company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation, which was established in 1961.
| Ahmed Hayat Lak | CEO |
| Zafar Masud | Chairperson |
| Wasim Ahmad | Company Secretary |
CDC-Share Registrar Services Limited, CDC House, 99-B, Block-B, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi
M/s A.F. Ferguson & Co., Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Apr 30, 2026 | Transmission of Quarterly Report for the Period Ended March 31, 2026 | View PDF |
| Apr 29, 2026 | FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31 2026 | View PDF |
| Feb 26, 2026 | Transmission of Half Yearly Report for the period ended December 31, 2025 | View PDF |
| Feb 23, 2026 | OGDC | Oil & Gas Development Company Limited Financial Statement for half year ended 12 31 2025 | |
| Oct 30, 2025 | Transmission of Quarterly Report for the Period Ended September 30, 2025 | View PDF |
| Date | Title | Document |
|---|---|---|
| Apr 20, 2026 | Board Meeting and Closed Period | View PDF |
| Feb 13, 2026 | Board Meeting | View PDF |
| Oct 27, 2025 | RESOLUTIONS PASSED BY THE SHAREHOLDERS IN 28th ANNUAL GENERAL MEETING HELD ON OCTOBER 27, 2025 | View PDF |
| Oct 22, 2025 | Board Meeting and Closed Period | View PDF |
| Oct 3, 2025 | Notice of Annual General Meeting | View PDF |
| Date | Title | Document |
|---|---|---|
| Apr 30, 2026 | Shariah Disclosures under Clause VII of Part I of Schedule IV of the Companies Act, 2017 | View PDF |
| Apr 24, 2026 | RECEIPT OF TENTH INTEREST PAYMENT UNDER TERM FINANCE CERTIFICATES (TFCs) BY POWER HOLDING LIMITED | View PDF |
| Apr 23, 2026 | Revival of Production - Jand-1 Well | View PDF |
| Apr 16, 2026 | PRODUCTION COMMENCEMENT FROM BARAGZAI X-1 WELL, NASHPA BLOCK | View PDF |
| Apr 1, 2026 | Material Information | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 401,177,969 | 463,697,861 | 413,594,009 | 335,463,725 |
| Profit after Taxation | 169,903,614 | 208,975,771 | 224,617,797 | 133,783,747 |
| EPS | 39.50 | 48.59 | 52.23 | 31.11 |
| Q3 2026 | Q1 2026 | Q3 2025 | Q2 2025 | |
|---|---|---|---|---|
| Sales | 107,297,009 | 96,191,968 | 104,483,920 | 100,412,224 |
| Profit after Taxation | 42,243,957 | 38,304,846 | 47,149,242 | 41,436,755 |
| EPS | 9.82 | 8.91 | 10.96 | 9.63 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Gross Profit Margin (%) | 57.73 | 61.10 | 65.22 | 64.66 |
| Net Profit Margin (%) | 42.35 | 45.07 | 54.31 | 39.88 |
| EPS Growth (%) | (18.71) | (6.97) | 67.89 | 46.19 |
| PEG | (0.30) | (0.40) | 0.02 | 0.05 |









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