Pakistan Petroleum

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53 articles for Pakistan Petroleum

Pakistan: OGDC and PPL venture into the promising Reko Diq mining project

Oil & Gas Development Co. (OGDC) and Pakistan Petroleum Ltd (PPL) have entered into a non-binding agreement with the Government of Pakistan (GoP), Government of Baluchistan (GoB) and Barrick Gold Corporation to participate in the reconstituted Reko D...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 21 March 2022

Pakistan Petroleum: 2QFY22 review – Misses expectation on one-time charges

Pakistan Petroleum Ltd (PPL) has posted net profits of PKR14.3bn (EPS: PKR5.25) for 2QFY22, down 15% qoq but up 21% yoy; which misses our EPS estimate of PKR6.80 due to higher exploration expenses and share of loss from PIOL (without which 2Q EPS wou...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 25 February 2022

Pakistan E&Ps: Another circular debt settlement

As per channel checks, the government is presently in discussions with the state owned E&Ps – majorly OGDC and PPL – to settle their outstanding circular debt dues (related to the indigenous gas sales only). In the first measure, the government will ...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 9 December 2021

Pakistan Petroleum: 1QFY22 review – misses estimate on higher Opex & exploratory expenses

Pakistan Petroleum Ltd (PPL) has posted a consolidated net profit of PKR16.9bn (EPS PKR6.20) for 1QFY22, up 19% qoq and 18% yoy, which is lower than our EPS estimate of PKR7.03. We had assumed a flattish trend in Opex qoq. But like the previous quart...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 25 October 2021

Pakistan E&Ps: 1QFY22 results preview

Despite flattish to mildly lower production, our E&P Universe is expected to post cumulative net profits of PKR56.4bn for 1QFY22, up 31% qoq and 36% yoy – thanks to higher oil and gas prices and sharp PKR devaluation. All three E&Ps can add sizable n...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 18 October 2021

Pakistan Petroleum: 4QFY21 Review: Earnings beat on lower Opex and tax rate

Pakistan Petroleum Ltd (PPL) has posted a consolidated net profit of PKR14.2bn (EPS PKR5.21) for 4QFY21, up 18% qoq and 31% yoy, higher than our EPS estimate of PKR4.60. The decline in production was majorly seen in Kandhkot, Gambat South and Adhi. P...
Intermarket Securities
Saad
Saad Ali @ Intermarket Securities 17 September 2021

Details

Pakistan
Asia
Energy
About
Pakistan Petroleum Ltd. specializes in the exploration and production of crude oil and natural gas. The Company also sells liquefied petroleum gas and condensates.

Associated topics

Energy Asia Pakistan Petroleum Pakistan PPL Saad Ali Equity OGDC Oil & Gas Development Pakistan Petroleum Ltd Pakistan Oilfields Gambat South POL Nashpa