External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

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<ul><li>Oil &amp; Gas Development Company (OGDC) conducted its Corporate Briefing Session (CBS) today, where the management discussed financial results and future outlook.</li><li>To recall, OGDC announced a dividend of Rs1.6 per share in 1QFY24, which was lower than market expectations. The management highlighted that an increase in the payout will depend on the clearance of overdue receivables from Sui Companies.</li><li>In 1QFY24, the company's gas receipt collection ratio increased to 86%. Furthermore, the management mentioned that they are working with Sui companies and relevant authorities to enhance cash payments. OGDC’s Oil receivables collection is 100%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Oil &amp; Gas Development Company (OGDC) conducted its Corporate Briefing Session (CBS) today, where the management discussed financial results and future outlook.To recall, OGDC announced a dividend of Rs1.6 per share in 1QFY24, which was lower than market expectations. The management highlighted that an increase in the payout will depend on the clearance of overdue receivables from Sui Companies.In 1QFY24, the company's gas receipt collection ratio increased to 86%. Furthermore, the management mentioned that they are working with Sui companies and relevant authorities to enhance cash payments. OGDC’s Oil receivables collection is 100%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Topline Flash Note: Oil & Gas Development Company (OGDC): Corporate Briefing Key Takeaways

Pakistan

Oil & Gas Development Co. Ltd. explores and develops oil and natural gas properties in Pakistan.

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Oil & Gas Development (OGDC PA)

Topline Flash Note: Oil & Gas Development Company (OGDC): Corporate Briefing Key Takeaways

Oil & Gas Development Company (OGDC) conducted its Corporate Briefing Session (CBS) today, where the management discussed financial results...

Topline Securities

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