Oil and Gas Development Company Ltd. Lists Deliverable Future Contract on Pakistan Stock Exchange
The Oil and Gas Development Company Ltd. (OGDC) has taken a significant step in its strategic financial planning by listing a Deliverable Future Contract (DFC) on the Pakistan Stock Exchange. This innovation aims to provide market participants with opportunities for hedging and speculation within a defined timeframe. The contract period for this futures contract is set from June 30, 2025, to September 26, 2025, with a settlement date on September 30, 2025.
Key Takeaways:
- The Oil and Gas Development Company Ltd. (OGDC) has listed a Deliverable Future Contract (DFC) on the Pakistan Stock Exchange, a significant move in its strategic financial planning.
- The contract period for this futures contract is set from June 30, 2025, to September 26, 2025, with a settlement date on September 30, 2025.
- The DFC will allow investors to engage in transactions involving the company's shares over the specified contract period.
- This move is expected to provide liquidity and price discovery for the company's shares, allowing for a more dynamic trading environment.
- The announcement comes as part of the regular updates provided by the Pakistan Stock Exchange in its Section 9 listings, which covers futures contracts.
- OGDC's participation in the futures market is a notable event for traders interested in the oil and gas sector of Pakistan's economy.
Statistics:
- Contract period: June 30, 2025 - September 26, 2025
- Settlement date: September 30, 2025
- Market category: FUTTM
- Futures contract type: Deliverable Future Contract (DFC)
Sources:
- Oil and Gas Development Company Ltd. (OGDC-SEP)
- Pakistan Stock Exchange (PSX) - Section 9 listings