OGDC’s April–June 2025 Performance Preview: What to Expect

Oil & Gas Development Company Limited (OGDC), one of Pakistan’s biggest energy companies, is getting ready to share its April–June 2025 results (4th quarter of its financial year) on August 18, 2025. Here’s a simple breakdown of what’s expected.

The headline numbers

• Earnings per share (EPS): PKR 10.0 for the quarter.
• Profit after tax (PAT): Around PKR 42.9 billion, that’s 13% higher than last year’s quarter, but 9% lower than the previous quarter.
• Dividend: Likely PKR 3.5 per share for the quarter, making a total of PKR 14.0 for the year.

Why are sales down, but profits still look decent

OGDC’s sales for the quarter are expected to be PKR 101 billion, about 13% lower than last year and 3% lower than last quarter.
Why the drop?

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• Lower average prices for oil and gas.
• Reduced production.

But it’s not all bad news; sales to the power sector went up, and more crude oil was sold during the quarter, softening the decline.

Cost and income story

• Royalty expenses: Expected to fall by 15% YoY because of lower production.
• Exploration costs: Set to rise sharply, about 40% higher than last year. This hurts profits, but it also means OGDC is investing in finding more oil and gas for the future.
• Finance costs: Expected to drop, which is good.
• Finance income: Staying strong and helping the bottom line.

The full-year picture (FY25)

For the whole year, OGDC’s profit is expected to be PKR 172 billion, which is 17% less than last year. Lower oil and gas prices were the main reason for this drop.

What does it mean for investors?

OGDC is still highly profitable, even with lower sales. The strong dividend and stable income from financial activities help keep returns attractive. However, rising exploration costs and weaker oil prices are things to watch.

Source: Taurus Securities Limited

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →