Author Topic: POL -- Pakistan Oilfields Limited  (Read 488361 times)

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Offline aatradekhi

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Re: POL -- Pakistan Oilfields Limited
« Reply #1959 on: August 22, 2019, 03:12:03 PM »

Pakinvestorsguide

Re: POL -- Pakistan Oilfields Limited
« Reply #1959 on: August 22, 2019, 03:12:03 PM »

Offline winner11

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Re: POL -- Pakistan Oilfields Limited
« Reply #1960 on: August 22, 2019, 03:12:39 PM »
POL Development Well Makori Deep-02 tested 1,844 barrels per day of oil and 18.25 MMscf of gas per day 32/64" fixed choke size at 3,767psi pressure. Production from well expected to start December 2019

Offline HellBorne

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Re: POL -- Pakistan Oilfields Limited
« Reply #1961 on: August 22, 2019, 08:40:17 PM »
Pakistan E&P: Successful well in Tal block; material positive for POL

As per a material notice by Pakistan Oilfields (POL) on PSX, the second (development) well at Makori Deep (Tal block) has tested initial oil and gas flow of 1,844bpd and 18.25bpd at choke size of 32/64". The field is based on Petroleum Policy 2012 and will thus fetch a gas price of US$5.4/mmbtu at assumed benchmark oil price of US$65/bbl.

This will have a meaningful EPS impact for POL (21% stake), while relatively modest for Oil & Gas Development Co. (OGDC) and Pakistan Petroleum (PPL). Refer table below (EPS impact (annualized)):

PKR/sh | Stake | EPS (PKR) | % of FY20f
OGDC | 27.80% | 0.28 | 1%
PPL | 27.80% | 0.54  | 2%
POL | 20.50% | 3.30 | 5%
Source: IMS Research
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Offline Farhan Kermani

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Re: POL -- Pakistan Oilfields Limited
« Reply #1962 on: August 24, 2019, 10:51:59 AM »
huge by pk standard

Offline aatradekhi

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Re: POL -- Pakistan Oilfields Limited
« Reply #1963 on: October 15, 2019, 03:46:22 PM »
Financial Announcements
Pakistan Oilfields Ltd. Unconsolidated 1st Quarter Results September 2019
EPS 1Q = Rs 14.12
Qty Growth = 4%
Last 1Q EPS = Rs 13.62

Offline omermalik

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Re: POL -- Pakistan Oilfields Limited
« Reply #1964 on: December 12, 2019, 09:02:45 PM »
what is the target price to buy pol? or should i check other options?

Offline Farooq Qadir

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Re: POL -- Pakistan Oilfields Limited
« Reply #1965 on: January 16, 2020, 01:43:44 PM »

AKD Daily

 POL: 2QFY20 Result Previews


 
Earnings post moderate declines on high base, slow production: POL will announce its 1HFY20 results on Jan 21st, where we estimate the company to post cumulative consolidated earnings of PkR7.8bn (EPS: PkR27.57), lower by 1%YoY. Stable profitability is expected from: 1) -7%YoY/+2%QoQ variations in oil prices keeping revenues stable, where a lagging production profile (oil/gas production for 2QFY20 depleting by 2.5/10.4%QoQ) keeping expected topline on a weak footing (1HFY20 net sales down 3%YoY), 2) lack of aggressive devaluations witnessed during 1HFY19, where a modest pullback in the PkR vs. Greenback (2QFY20 average +16%YoY/-2%QoQ) during 2QFY20 diminished the role of macro factors in covering for production declines and 3) lack of major exploration and production activity (PPIS data shows one exp well – Balkassar Deep -1 vs. none in 1HFY2) keeping below the line costs slightly elevated. In short, the relative high base on both the macro front, and production should keep earnings in check for 1HFY20. On a sequential basis, 2QFY20 NPAT should rest at PkR3.94bn (EPS: PkR13.89/sh), marking -9%QoQ decline, with NM receding to the ~34% mark vs. 37.2% for 1QFY20 on the back of modest exploration and drilling activity. In line with its payout ratio we expect the company to announce a payout of PkR20.0/sh.
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL