OGDC Oil & Gas Development Company Limited
Figures as of the 23 Jul 2026 session · prices in Rs (PKR) · educational research, not investment advice
The short version
Oil & Gas Development Company Limited (OGDC) trades on the Pakistan Stock Exchange in the Oil & Gas Exploration Companies sector. It carries a market capitalisation of about 1.34T. The shares change hands at roughly 8.62 times trailing earnings. Over the last month the price has moved lower by about 7.8%. It has a dividend record running from 2020 to 2026, and currently shows a yield of 4.76%. The desk values it 4 ways and the methods disagree: 2 sit above today's price and 2 below, a wide spread. This is research, not advice, and nothing here is a recommendation.
How the valuation models sit
The desk values OGDC 4 independent ways — a peer multiple, its earnings power against the bond yield, a Graham-style estimate and a dividend model. Those are the counts above; the spread between them is wide. A wide spread means the methods genuinely disagree, and no single number from them should be leaned on. Which methods, what they produced and the workings behind each are in the desk.
Key figures
Dividend record
Ex-dividend dates and amounts as announced to the exchange — the record here runs from 2020 to 2026. Public record; shown so the pattern of payment is visible, not as a forecast that it continues.
| Ex-date | Rs / share |
|---|---|
| 11 May 2026 | 3.25 |
| 6 Mar 2026 | 4.25 |
| 7 Nov 2025 | 3.50 |
| 21 Oct 2025 | 5.00 |
| 9 May 2025 | 3.00 |
| 10 Mar 2025 | 4.05 |
| 6 Nov 2024 | 3.00 |
| 16 Oct 2024 | 4.00 |
| 8 May 2024 | 2.00 |
| 8 Mar 2024 | 2.50 |
| 10 Nov 2023 | 1.60 |
| 17 Oct 2023 | 2.75 |
What the desk holds on OGDC
- The four valuation methods, their values and full workings
- Rule-based strategies tested on OGDC's own ~19-year price history
- The analyst Desk Room debate — a bull case, a bear case and a chair's view with its dissent recorded
- Dated, falsifiable calls scored in public against what prices actually did
Free account. Research and analytics, never investment advice.