Equity Analysis /
Pakistan

Pakistan State Oil: FY21 Analyst Briefing Takeaways

  • PSO is aiming for an overall market share of 50% and is expanding pumps and storages in that pursuit

  • Circular debt buildup has slowed considerably. PSO will invest in the up-gradation of PRL but plans are not yet final

  • We have a rating on the scrip with a TP of PKR300/sh

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
10 September 2021