Oil & Gas Development Co. Ltd. Reports Steady Distributions and Market Performance

Karachi, Oil & Gas Development Co. Ltd. (OGDC) closed today at Rs. 134.28, with a daily weighted average rate of Rs. 135.24. The company, holding a significant paid-up capital of Rs. 43,009.28 million, declared a 72.5% distribution for 2022, increased to 85.50% for 2023, and an additional 16% interim for 2024. The market lot is 1. The stock’s high for the year was Rs. 128.9, and the low was Rs. 52.23. The EPS for 2022/2023 was noted as Rs. 2022/2023.

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