Pakistan Petroleum earns Rs99bn, adds 11 gas discoveries
At its 75th AGM, Pakistan Petroleum Ltd also reported record collections of Rs284 billion and a full-year cash dividend of 120 percent on ordinary shares.
Pakistan Petroleum Ltd reported Rs99 billion profit after tax for FY26 and record collections of Rs284 billion.
Shareholders at the 75th AGM approved a final 60 percent cash dividend, taking the full-year payout to 120 percent.
The company made 11 discoveries adding 242 BCF to 2P reserves and averaged production of 649 mmcfd.
PPL drilled seven exploration and four development wells and secured interests in eight offshore blocks.
CEO Khalid Abdul Rehman flagged energy-market volatility, mature-field declines, security issues and circular debt as challenges.