$OGDC Oil & Gas Development Company Limited (OGDC): Corporate Briefing Takeaways – By IIS Research

Ismail Iqbal Securities 24 Nov, 2025

$OGDC Oil & Gas Development Company Limited

To recall, OGDC has posted PAT of PKR 170bn in FY25 vs. PKR 209bn in SPLY. Profitability was affected by lower crude oil prices (US$ 60.8/bbl vs. US$ 68.7/bbl), forced production curtailments, and higher exploration write-offs due to 4 dry wells.

In FY25, OGDCL’s share of 2D seismic activity declined to 34% of the industry, com pared to 45% in FY24. In contrast, the company’s share in 3D seismic activity was 74% of the industry, down from 89% in FY24.

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