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Oil & Gas Development Company Limited (Pakistan)

Main Activities: Crude Petroleum Extraction | Natural Gas Extraction | Drilling Oil and Gas Wells
Full name: Oil & Gas Development Company Limited Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Oil & Gas Development Company Limited was established in 1961 due to the need of exploring the discovered giant gas field at Sui in Balochistan. The company's exploration activities are performed both on its own and through joint ventures. OGDCL has also successfully implemented a number of major development projects in the past for example Dhodak Gas Condensate Development Project located in district Punjab. OGDCL also participated in development of the Kandanwari gas field under a joint venture with M/s Eni Pakistan. Today, the corporation was charged with responsibility to undertake a well thought out and systematic exploratory program and to plan and promote Pakistan's oil and gas prospects. The company produces approximately 41 330 barrels crude oil per day, 179 metric tons LPG per day, 1 173 mscf gas per day and 93 metric tons sulphur per day. OGDCL is responsible for approximately 30% of Pakistan's natural gas production and 45% of the oil production in the country.

Legal Address
Ogdcl House, Plot No 3,F-6/G-6,Blue Area
Islamabad; Pothohar Plateau;

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Website: http://www.ogdcl.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1997
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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67.48%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
-10.08%
Total operating revenue
-9.49%
Operating profit (EBIT)
-16.83%
EBITDA
-13.73%
Net Profit (Loss) for the Period
-14.24%
Total assets
12.6%
Total equity
9.13%
Operating Profit Margin (ROS)
-4.3%
Net Profit Margin
-1.9%
Return on Equity (ROE)
-0.9%
Quick Ratio
-2.01%
Cash Ratio
-0.07%

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