Author Topic: OGDC -- The Index GiAnt  (Read 442700 times)

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Offline optimistic

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Re: OGDC -- The Index GiAnt
« Reply #2099 on: October 07, 2019, 09:15:25 AM »
Tor dala 122.ab 126 130.? and mid month around result bhe hai 1q

1qtr result wouldn't be like 4th Qtr result as there is no devaluations during jul to sept qtr.
dollar rate to peak pay he hai 156.or yeh dollar main he sell kertay hain
earnings to cum nahe lagti

Check previous quarter financials they will get to know from where huge other income is coming,  during this qtr pak rupee strengthen by 2.56% while apr to jun qtr there were massive over 10% devaluations. 
TOP Scripts as below: Updated (28th Sept, 2019)
1. Feroz, 2. Hinoon, 3. Akzo, 4. Mughal, 5. DCR, 6. APL, 7. CPPL, 8. Engro Corp, 9. Hubco, 10. Searl. 11. TRIPF. 12. Sanofi Aventis.

I am not perfect. Please do your own research my comments / or views may not prove accurate, nor i advise anyone to act upon on my recommendations, nor i accept any responsibility on me. Your money, your gain / or loss, before investing into any script better you gain sufficient knowledge of business and calculate risk accordingly as per your risk appetite.

Pakinvestorsguide

Re: OGDC -- The Index GiAnt
« Reply #2099 on: October 07, 2019, 09:15:25 AM »

Offline Farzooq

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Re: OGDC -- The Index GiAnt
« Reply #2100 on: October 24, 2019, 03:36:44 PM »
OGDC: Earnings to grow by 4% YoY in 1QFY20

Oil & Gas Development Company Limited (OGDC) is scheduled to announce its 1QFY20 financial result on October 25th, 2019. We expect the company to post a profit after tax of PKR 27,680mn (EPS: PKR 6.44) in 1QFY20 vis-à-vis PKR 26,735mn (EPS: PKR 6.22) in 1QFY19, up by 4% YoY. This uptick in bottom-line comes on the back of 21% YoY Pak Rupee devaluation against greenback during the 1QFY20. However, oil and gas production dropped by 7% and 12% YoY, respectively followed by a decline in oil prices by 16% YoY during the quarter. Furthermore, exploration costs are expected surge by 82% YoY, settling at PKR 3,563mn in 1QFY20 against PKR 1,961mn in 1QFY19, amid two dry wells (Pirano and Shawa) during the quarter against dry well (Chak 25-01) in SPLY. Additionally, we expect the company to announce an interim cash dividend of PKR 3.00/share.
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Offline ajeebkhan

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Re: OGDC -- The Index GiAnt
« Reply #2101 on: October 24, 2019, 07:40:04 PM »
Kal ogdc Mai theek thak tezi lagti hai 132+ jaisee

Offline aatradekhi

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Re: OGDC -- The Index GiAnt
« Reply #2102 on: October 25, 2019, 03:49:23 PM »
Financial Announcements
Oil & Gas Development Co. Ltd. 1st Quarter Results Sep 2019
EPS 1Q = Rs 6.35
Interim Dividend = Rs 2.50
Qty Growth = 2%
Last 1Q EPS = Rs 6.22
The Share Transfer Books of the Company will be Closed
form 13/12/2019 To 19/12/2019

Offline Farzooq

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Re: OGDC -- The Index GiAnt
« Reply #2103 on: October 26, 2019, 11:28:52 AM »
OGDC: 1QFY20 results in-line with expectations

Oil & Gas Development Corporation Limited (OGDC) announced financial results for 1QFY20 wherein the company posted earnings of PKR27.3bn (EPS: PKR6.35), up 2% YoY, in-line with expectations.

The result was accompanied with announcement of interim cash dividend of PKR2.5/sh.

Total revenue for the quarter stood at PKR66bn, up 7% YoY, as a result of 26% devaluation over last year, however lower output and lower oil prices realized constricted the revenue growth. Sequentially, the topline stood 5% QoQ lower.

OGDC recorded exploration expenses at PKR4.0bn, up 102% YoY, in light of dry well costs booked.

Morever, other income from interest on cash balance and investments noted at PKR2.8bn supported the bottomline. On a sequential basis, other income stood 80% QoQ lower owing to exchange gains recorded in 4QFY19.

Consequently, profitability stood at PKR27.3bn, up 2% YoY while it recoded a drop of 17% QoQ.

We reiterate our Buyrating on the company trading at a forward P/E of 4.3x and is our prefered pick in the sector.
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Offline Farooq Qadir

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Re: OGDC -- The Index GiAnt
« Reply #2104 on: November 18, 2019, 03:27:26 PM »


Market approx increased by 2000 points but OGDC moving in range of 134-135. Matlab jaab yeh chalay tu sub  :thumbsdown_anim: hun gay.  this is my gud feeling that market will manipulated  by OGDC in near future as happend in past. whats ur opinion on this.
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Offline ajeebkhan

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Re: OGDC -- The Index GiAnt
« Reply #2105 on: November 18, 2019, 03:36:52 PM »


Market approx increased by 2000 points but OGDC moving in range of 134-135. Matlab jaab yeh chalay tu sub  :thumbsdown_anim: hun gay.  this is my gud feeling that market will manipulated  by OGDC in near future as happend in past. whats ur opinion on this.
Aur jab yeh pitay ga tou neechay k levels par other items main buying hoo rahee hogi

Offline Farooq Qadir

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Re: OGDC -- The Index GiAnt
« Reply #2106 on: November 18, 2019, 03:58:27 PM »


Market approx increased by 2000 points but OGDC moving in range of 134-135. Matlab jaab yeh chalay tu sub  :thumbsdown_anim: hun gay.  this is my gud feeling that market will manipulated  by OGDC in near future as happend in past. whats ur opinion on this.
Aur jab yeh pitay ga tou neechay k levels par other items main buying hoo rahee hogi

Exactly  :fingerscrossed1: :fingerscrossed1:
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Offline Farooq Qadir

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Re: OGDC -- The Index GiAnt
« Reply #2107 on: November 21, 2019, 02:35:58 PM »


Market approx increased by 2000 points but OGDC moving in range of 134-135. Matlab jaab yeh chalay tu sub  :thumbsdown_anim: hun gay.  this is my gud feeling that market will manipulated  by OGDC in near future as happend in past. whats ur opinion on this.
Aur jab yeh pitay ga tou neechay k levels par other items main buying hoo rahee hogi

1600 point nikal gayay OGDC has lost only 2.5 rupees.

Exactly  :fingerscrossed1: :fingerscrossed1:
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Offline ajeebkhan

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Re: OGDC -- The Index GiAnt
« Reply #2108 on: November 21, 2019, 02:49:23 PM »
Seen very first time in my mkt history Kay market without ogdc hgiray.... -950 points  :o

Offline aatradekhi

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Re: OGDC -- The Index GiAnt
« Reply #2109 on: November 21, 2019, 02:51:18 PM »
Sahi kaha last 1000-1500 points up mai OGDC kitna UP howa yeh check karay..

Offline Farooq Qadir

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Re: OGDC -- The Index GiAnt
« Reply #2110 on: November 24, 2019, 12:41:35 AM »
23-11-2019
KARACHI (Dunya News) – In another positive development for Pakistan, the Oil and Gas Development Company Ltd (OGDCL) has found new oil and gas reserves following drilling activities in potential areas of Sindh during exploration of Shale gas and Tight oil deposits.

Sources familiar with the matter told the media on Saturday that authorities expect presence of 95 trillion cubic feet (TCF) Shale gas and 14 billion of stock tank barrels (BSTB) oil in place resources. The gas reserves are enough to fulfill the country’s needs for 90 years.

In October, the company discovered oil and gas reserves at its Exploratory Well Tog number 1 in Khyber-Pakhtunkhwa’s (KP) Kohat district.

According to a preliminary test, the well could produce 50 Barrel per Day (BPD) of crude oil, and 4.1 Million Standard Cubic Feet per Day of (MMSCFD) gas.

The OGDCL had said that the discovery would increase hydrocarbon reserves in the country and the discovery would also have positive impact on the country’s economy.

In August, the OGDCL discovered new oil and gas reserves in the district of Kohat, Khyber Pakhtunkhwa (KP). The company, with 50 percent of shares in this well, made sizeable oil and gas-condensate discoveries at its exploratory wells.

According to the data available at that time, initial testing was being considered as encouraging as it showed flow of crude oil at 240 barrels per day and 12.7 mmscf (million standard cubic feet) of gas.

Earlier in June, the OGDCL announced that it had discovered oil and gas reservoir in district Sanghar of Sindh province.

The state-run Oil and Gas Development Company Limited has been planning to drill for discovering oil and gas wells in Sindh.

Months ago, the director-general for Petroleum Concessions Imran Ahmed told the Senate Standing Committee on Petroleum that the total oil and gas production in the country stood at 89,030 barrels per day (BOPD) and 3,935 million cubic feet per day (MMCFD) in 2018-19.

The energy mix of the country comprised 34 per cent natural gas, 31pc oil, 13pc coal, 9pc liquefied natural gas and 1pc liquefied petroleum gas while the rest came from other sources, the committee was informed.

The total sedimentary area was said to be of about 827,268 square kilometres and the area under exploration was 224,976 square kilometres.
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Offline Farooq Qadir

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Re: OGDC -- The Index GiAnt
« Reply #2111 on: November 25, 2019, 09:50:00 AM »


Market approx increased by 2000 points but OGDC moving in range of 134-135. Matlab jaab yeh chalay tu sub  :thumbsdown_anim: hun gay.  this is my gud feeling that market will manipulated  by OGDC in near future as happend in past. whats ur opinion on this.

 :biggthumpup: :biggthumpup: :biggthumpup:
POL, PSO,AICL,SEARL,NRL,FFC,FFBL,UBL,OGDC,MUGHAL

Offline aatradekhi

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Re: OGDC -- The Index GiAnt
« Reply #2112 on: November 25, 2019, 12:41:14 PM »

Offline aatradekhi

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Re: OGDC -- The Index GiAnt
« Reply #2113 on: November 25, 2019, 12:42:05 PM »
23-11-2019
KARACHI (Dunya News) – In another positive development for Pakistan, the Oil and Gas Development Company Ltd (OGDCL) has found new oil and gas reserves following drilling activities in potential areas of Sindh during exploration of Shale gas and Tight oil deposits.

Sources familiar with the matter told the media on Saturday that authorities expect presence of 95 trillion cubic feet (TCF) Shale gas and 14 billion of stock tank barrels (BSTB) oil in place resources. The gas reserves are enough to fulfill the country’s needs for 90 years.

In October, the company discovered oil and gas reserves at its Exploratory Well Tog number 1 in Khyber-Pakhtunkhwa’s (KP) Kohat district.

According to a preliminary test, the well could produce 50 Barrel per Day (BPD) of crude oil, and 4.1 Million Standard Cubic Feet per Day of (MMSCFD) gas.

The OGDCL had said that the discovery would increase hydrocarbon reserves in the country and the discovery would also have positive impact on the country’s economy.

In August, the OGDCL discovered new oil and gas reserves in the district of Kohat, Khyber Pakhtunkhwa (KP). The company, with 50 percent of shares in this well, made sizeable oil and gas-condensate discoveries at its exploratory wells.

According to the data available at that time, initial testing was being considered as encouraging as it showed flow of crude oil at 240 barrels per day and 12.7 mmscf (million standard cubic feet) of gas.

Earlier in June, the OGDCL announced that it had discovered oil and gas reservoir in district Sanghar of Sindh province.

The state-run Oil and Gas Development Company Limited has been planning to drill for discovering oil and gas wells in Sindh.

Months ago, the director-general for Petroleum Concessions Imran Ahmed told the Senate Standing Committee on Petroleum that the total oil and gas production in the country stood at 89,030 barrels per day (BOPD) and 3,935 million cubic feet per day (MMCFD) in 2018-19.

The energy mix of the country comprised 34 per cent natural gas, 31pc oil, 13pc coal, 9pc liquefied natural gas and 1pc liquefied petroleum gas while the rest came from other sources, the committee was informed.

The total sedimentary area was said to be of about 827,268 square kilometres and the area under exploration was 224,976 square kilometres.

FAKE NEWS LIKE POL AND SEA

Offline Farzooq

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Re: OGDC -- The Index GiAnt
« Reply #2114 on: December 02, 2019, 09:16:00 AM »
SPO for OGDCL, PPL expected to fetch Rs88bn (BR)

The federal government is anticipating generating Rs 88 billion from secondary public offering (SPO) of two stated-owned listed oil and gas companies, including Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) by the end of current fiscal year 2019-20. The Privatization Division has set a target to divest 7 percent government shares in the OGDCL and 10 percent in the PPL offered to strategic partners with one seat in the board of directors of these two mega oil and gas companies. The government has estimated to generate Rs 48 billion through divestment of 7 percent (301 million shares) of the OGDCL and another Rs 40 billion from 10 percent (226 million shares) which the Privatisation Division has planned to offer by the end of current financial year. However, no reference prices or discount on shares has been decided yet.
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Offline farhan hafeez

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Re: OGDC -- The Index GiAnt
« Reply #2115 on: December 02, 2019, 09:40:55 AM »
atleast let OGDC and PPL cross 200,

Offline mustafaji3000

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Re: OGDC -- The Index GiAnt
« Reply #2116 on: December 02, 2019, 10:10:19 AM »
Dear Seniors, what is the short term expectation for OGDCL ??

Thanks for suggestions.

Offline nma

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Re: OGDC -- The Index GiAnt
« Reply #2117 on: December 02, 2019, 11:25:38 AM »
115-120 krenge isay?  :skeptic:

Offline nma

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Re: OGDC -- The Index GiAnt
« Reply #2118 on: December 04, 2019, 11:50:12 PM »
115-120 krenge isay?  :skeptic:

Ab yeh 150 ki flight ka boarding pass le kr waiting lounge mein betha hai in my opinion. Lock and load!  :rtfm: