$OGDC Oil & Gas Development Company Limited (OGDC): 2QFY26 Result Preview – By Taurus Research
$OGDC
Oil & Gas Development Company Limited
Rs. 315.84
-0.75%
- 2QFY26 EPS: PKR 8.56; 2QFY26 PAT down 4%QoQ.
- Net sales for the quarter are expected to arrive at ~PKR 98.9Bn, down 2%YoY. Royalty expenses are expected to be recorded at ~PKR 10.9Bn, down 6%YoY supporting profitability.
- Additionally, EPS for 2QFY26 is expected to arrive at PKR 8.56, down 11%YoY and 4%QoQ, mainly due to elevated exploration and operating expenses arising from dry well outcomes at Jakhro North-1 and Khatian-1, along with the ongoing drilling and seismic activities, which continue to weigh on profitability.