Oil and Gas Development Co. Ltd. Records High Trade Volume

Karachi, In the recent trading session, Oil and Gas Development Co. Ltd. (OGDC) witnessed a substantial volume of shares exchanged, totaling 958,117,603. The shares of the company peaked at Rs. 158.59 and dipped to a low of Rs. 52.23, with today's rate registering at Rs. 137.86.

According to information available from the Pakistan Stock Exchange (PSX), the company has consistently increased its distributions with 72.5% in 2022, 85.50% in 2023, and 61% marked as the third interim in 2024. Oil and Gas Development Co. Ltd., which first appeared on the exchange in 2004, reported earnings per share of Rs. 52.23 from January through April 2024, and has a paid-up capital of Rs. 420.75 million.