$POL Pakistan Oilfields Limited (POL): 2QFY26 Result Preview – By Taurus Research
$POL
Pakistan Oilfields Limited
Rs. 675.75
-1.19%
- 2QFY26 EPS: PKR 18.5; 2QFY26 PAT down 3%QoQ.
- Net sales for the quarter are expected to arrive at ~PKR 12.7Bn, down 14%YoY. Royalty expenses are expected to be recorded at ~PKR 1.4Bn, down 12%YoY, while operating expense is expected to decline by 10%YoY, supporting profitability.
- Additionally, EPS for 2QFY26 is expected to arrive at PKR 18.5, down 31%YoY and 3%QoQ, primarily attributable to higher exploration expenses, which are expected to arrive at ~PKR 1.4Bn, up 1.2xYoY, due to the ongoing drilling activity at Jhandial-4 and continuing seismic activities at the Ikhlas EL and Pariwali D&PL blocks.