Oil and Gas Development Company (OGDC) Trades at Moderate Rate on PSX
The Pakistan Stock Exchange (PSX) released trading information for the Oil and Gas Development Company (OGDC) on July 9, 2025, indicating a moderate move in the company's stock price. The company's trading rate was Rs. 228.02, with a daily weighted average rate of Rs. 226.84. OGDC has a paid-up capital of Rs. 43,009.28 million and has been listed since 2004.
Key Takeaways:
- The Oil and Gas Development Company (OGDC) traded at a rate of Rs. 228.02 on the Pakistan Stock Exchange (PSX) on July 9, 2025.
- The company's daily weighted average rate stood at Rs. 226.84, indicating a moderate move in the stock price.
- OGDC has a paid-up capital of Rs. 43,009.28 million and a market lot of one share, with a par value of Rs. 10.
- The company's financial year concludes in June, with distributions reported at 85.50% for 2022, 101% for 2023, and an anticipated 105% for 2024.
- The designated market category for OGDC is Oil and Gas Exploration Companies, with a stock achieving a high of Rs. 255.4 and a low of Rs. 104.5 during the first half of 2024.
- The company's earnings per share (EPS) for the years 2022 and 2023 were detailed, though specific figures were not disclosed in the available data.
- The previous book closure date was on May 13, reflecting active trading interest and a steady interest from investors amid fluctuating market dynamics.
- The turnover for the first half of 2024 noted reflects active trading interest, contradicting a moderate move in the stock price.
Statistics:
- Trading rate: Rs. 228.02
- Daily weighted average rate: Rs. 226.84
- Paid-up capital: Rs. 43,009.28 million
- Par value of shares: Rs. 10
- Market lot: one share
- Anticipated distribution for 2024: 105%
- High stock price (2024): Rs. 255.4
- Low stock price (2024): Rs. 104.5
- Book closure date: May 13
- Listing year: 2004
- Designated market category: Oil and Gas Exploration Companies
Sources:
- Pakistan Stock Exchange (PSX) - July 9, 2025