Oil & Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, has announced a record-breaking first interim cash dividend of Rs 3.50 per share (35%) for the quarter ended September 30, 2025. This marks the highest first-quarter dividend in the company’s history, reaffirming OGDC’s strong financial fundamentals and resilience in a challenging market environment.
According to the financial results approved by the Board of Directors during the meeting held on October 29, 2025, OGDC reported net sales revenue of Rs 96.192 billion and a profit after tax of Rs 38.305 billion, translating into earnings per share of Rs 8.91. The company contributed a substantial Rs 64 billion to the national exchequer through taxes, dividends, royalty, and government levies. Additionally, OGDC’s oil and gas production generated foreign exchange savings of US$703 million by reducing reliance on imported fuels.
Despite operational challenges including forced production curtailments by SNGPL and UPL and a softer global crude oil basket price, the quarter benefited from a higher realized gas price and favorable currency movement.
Average daily net saleable production stood at 31,315 barrels of oil, 641 MMcf of gas, and 630 tons of LPG, with higher potential numbers achievable in the absence of curtailments. OGDC also maintained robust exploration activity, acquiring 233 line-km of 2D and 110 sq. km of 3D seismic data, while processing significant volumes using in-house resources.
The company advanced its development portfolio as well, with the Jhal Magsi Project in Balochistan now commissioned and producing 14 MMcfd of gas and 45 barrels per day of condensate.
Together, these achievements reflect OGDC’s continued commitment to operational excellence, national energy security, and sustainable financial growth.
