Oil and Gas Development Company Limited (OGDC) has announced its financial results for the nine months ended March 31, 2026, delivering another strong performance and declaring the highest third quarterly interim cash dividend in the company’s history. The Board approved a cash dividend of Rs 3.25 per share (32.50%), reflecting the company’s robust financial position and continued commitment to creating value for its shareholders.
With this latest announcement, OGDC’s cumulative interim dividend for the nine-month period has reached Rs 11.00 per share, marking the largest nine-month dividend payout ever recorded by the company. The milestone highlights OGDC’s consistent profitability and its ability to reward investors while maintaining operational growth.
During the reporting period, OGDC generated net sales revenue of Rs 300.127 billion and recorded a profit after tax of Rs 115.263 billion, resulting in earnings per share (EPS) of Rs 26.80. The strong financial performance underscores the company’s resilience despite evolving market conditions and challenges facing the global energy sector.
Beyond delivering value to shareholders, OGDC continued to make a substantial contribution to Pakistan’s economy. During the nine months, the company contributed approximately Rs 160 billion to the national exchequer through corporate taxes, royalties, dividends, and other government levies. Additionally, its domestic oil and gas production helped generate an estimated US$2.3 billion in foreign exchange savings by reducing the country’s reliance on imported energy.
Operationally, OGDC maintained solid production levels, recording average daily net saleable output of 32,022 barrels of crude oil, 648 million cubic feet of natural gas (MMcfd), and 653 tonnes of LPG. These production volumes continue to play a vital role in supporting Pakistan’s energy security and ensuring a stable supply of indigenous hydrocarbons.
The record dividend declaration reflects OGDC’s strong financial management, operational efficiency, and long-term growth strategy. As Pakistan’s leading exploration and production company, OGDC continues to strengthen shareholder confidence while contributing significantly to national economic development, energy independence, and fiscal stability through sustained investment and responsible resource management.
