Aftab Maken ISLAMABAD: Oil and Gas Development Company Limited (OGDC) announced its highest-ever cash dividend for FY2025-26, but a closer reading of the accounts filed with the Pakistan Stock Exchange and London Stock Exchange shows the headline payout masks a year in which OGDC rising costs ate deeply into operating performance, …
Read More »OGDCL profit falls 11% on output cuts
–Lower prices and rising costs squeeze margins in 9MFY26 Aftab Maken ISLAMABAD: The Oil and Gas Development Company (OGDC) reported an 11% decline in profitability for the nine months ended March 31, 2026, as production curtailments, falling realized prices, and rising costs weighed heavily on earnings. The company posted a …
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