Islamabad
The Board of Directors of OGDC, in its meeting held on October 29, 2025, in Islamabad, announced the financial results for the quarter ended September 30, 2025, and declared a first interim cash dividend of Rs 3.50 per share (35%) — the highest first-quarter dividend in the Company’s history.
OGDC posted net sales revenue of Rs 96.192 billion and profit after tax of Rs 38.305 billion, translating into earnings per share of Rs 8.91.
During the period, the Company contributed Rs 64 billion to the national exchequer through corporate tax, dividends, royalty, and government levies, while its oil and gas production contributed foreign exchange savings of US$703 million as import substitution. The quarter’s results reflected the combined impact of forced production curtailments by SNGPL and UPL and a lower average crude oil basket price, partly offset by a higher realized gas price and appreciation of the US dollar against the rupee.
Average daily net saleable production during the quarter stood at 31,315 barrels of crude oil, 641 MMcf of natural gas, and 630 tons of LPG compared with 31,768 barrels, 699 MMcf, and 618 tons, respectively, in the corresponding period last year. In the absence of forced curtailments, average daily saleable production would have been 34,038 barrels of oil, 783 MMcf of gas, and 698 tons of LPG.
During the quarter, #OGDC continued to demonstrate exploration strength, acquiring 233 line-km of 2D and 110 sq. km of 3D seismic data. Using in-house resources, OGDC processed and reprocessed an additional 236 line-km of 2D and 1,590 sq. km of 3D seismic data.
The Company maintained momentum on key development projects. Jhal Magsi Project in Balochistan has been successfully commissioned and is currently producing around 14 MMcfd of gas and 45 barrels per day of condensate.
