AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Pakistan’s oil marketing companies experienced a 10% year-on-year decline in sales for November 2025, according to AKD Securities Limited. The industry offtake stood at approximately 1.42 million tons, marking a decrease attributed to a high-base effect from anti-smuggling efforts in November 2024 and a post-harvest seasonal drop in demand.
Pakistan State Oil (PSO), a major player in the market, reported volumetric sales of 643,000 tons in November 2025, a decrease of 19% compared to the previous year. Despite the decline, PSO’s market share rose to 45.4% from 43.0% in October 2025.
WAFI, another company in the sector, continued to outperform its peers by posting total sales of 112,000 tons in November 2025. This represented an 8% year-on-year increase, highlighting its robust performance amidst challenging market conditions.
Investment recommendations for PSO and Attock Petroleum Limited (APL) remain positive. AKD Securities maintains a ‘BUY’ call for both companies, with a target price for June 2026 set at PKR 760 and PKR 750 per share, respectively. The expected dividend yields for the fiscal year 2026 are projected at 3.3% for PSO and 4.6% for APL.