Industry Revenues:

• Natural Gas: approx. 60%
• Crude Oil: approx. 25%
• Liquefied Petroleum Gas (LPG) and others: approx. 15%

TOP 3 Markets:

• Pakistan: approx. 70%
• India: approx. 15%
• China: approx. 10%

Pakistan Petroleum Limited (PPL) generates the majority of its revenues from the production and sale of natural gas, followed by crude oil and liquefied petroleum gas. The domestic market in Pakistan is the most significant sales market for PPL, driven by the high demand for energy in the country.

India and China are also important markets that play a significant role due to their growing energy needs and geographical proximity. In recent years, PPL has expanded its export capacities to benefit from the increasing demand in these countries.

Main Production Sites:

• Sui Gas Field
• Kandhkot Gas Field
• Adhi Field

Pakistan Petroleum Limited (PPL) is one of the leading companies in the exploration and production of oil and gas in Pakistan. The company's main production sites are located in the regions of Sui, Kandhkot, and Adhi. These fields are crucial for the country's gas supply and significantly contribute to Pakistan's energy infrastructure.

In addition to these main fields, PPL is also active in other exploration and production projects throughout the country to further diversify and secure the energy supply.

Strategic Investments in Exploration and Production
Diversification into Renewable Energies
Focus on Cost Efficiency and Technological Innovation

Pakistan Petroleum Limited (PPL) is pursuing a multi-pronged growth strategy to strengthen its market position and ensure future growth. A key component of this strategy is increased investment in the exploration and production of new oil and gas fields to boost reserves and expand production capacity.

Furthermore, PPL is diversifying its portfolio by investing in renewable energies. This includes projects in solar and wind energy to align with global energy transition trends and create long-term sustainable revenue streams.

Another important aspect of the growth strategy is enhancing cost efficiency through technological innovations. PPL is leveraging modern technologies to optimize production processes and reduce operating costs, aiming to enhance profitability and remain competitive.

Main Imported Raw Materials: Machinery and equipment, chemicals, technical services

Countries of Origin: USA, China, Germany, United Kingdom

Pakistan Petroleum Limited (PPL) is a leading company in the field of exploration and production of oil and gas. For its operations, PPL mainly imports machinery and equipment necessary for the exploration and production of oil and gas. These machines and technical equipment are often imported from the USA, China, and Germany, as these countries are leading in the manufacturing of highly specialized industrial equipment.

In addition, PPL imports chemical products required for the processing and refining of crude oil and natural gas. These chemicals often come from the United Kingdom and other European countries known for their chemical industry.

Technical services, including consulting and engineering services, are also imported to improve the efficiency and effectiveness of exploration and production processes. These services are often sourced from specialized companies in the USA and Europe.

Market share in the Pakistani oil and gas industry: Approximately 20% (estimated, 2026)

Reserve reserves: 2.5 trillion cubic feet of gas (estimated, 2026)

Pakistan Petroleum Limited (PPL) has a significant competitive advantage in the Pakistani oil and gas industry, mainly due to its large reserve reserves and established market position. The company is one of the largest producers of natural gas in Pakistan and benefits from long-term production contracts and stable domestic demand.

Another advantage of PPL is its vertical integration and ability to efficiently manage both exploration and production. This allows the company to control costs and maximize profit margins.

The geopolitical situation and Pakistan's dependence on domestic sources of energy further strengthen PPL's position, as the country aims to increase its energy independence. Despite challenges posed by international market volatility, PPL remains well positioned to benefit from the growing energy demand in Pakistan.

Institutional Investor Share: Estimated around 40-50% (2026)

Insider Buys/Sells: No specific data available (2026)

The institutional investor share in Pakistan Petroleum Limited is estimated to be around 40-50%. This is typical for large, established companies in emerging markets that attract both local and international investors.

There is no specific current data available on insider buys or sells. Typically, such transactions are less frequent in large companies like PPL and are often monitored by regulatory requirements. It is advisable to consult the latest reports from the Pakistani stock exchange or company disclosures to obtain detailed information.

Market share of Pakistan Petroleum Limited (PPL): 18% (estimated for 2026)

Main competitors and their market shares:

1. Oil and Gas Development Company Limited (OGDCL): 25%
2. Pakistan Oilfields Limited (POL): 15%
3. Mari Petroleum Company Limited (MPCL): 12%
4. Attock Petroleum Limited (APL): 10%
5. Byco Petroleum Pakistan Limited: 8%

Moat of Pakistan Petroleum Limited:

Pakistan Petroleum Limited has a significant moat, mainly characterized by its extensive natural gas reserves and long-term extraction contracts. This resource base provides PPL with a stable source of income and a certain resilience to market volatility.

In comparison to its competitors, OGDCL has a stronger moat due to its size and diversified resource base. OGDCL benefits from a broader geographical presence and stronger government support, giving it a competitive advantage in the industry.

POL and MPCL also have solid moats, distinguished by efficient operational processes and strategic partnerships. These companies have specialized in niche markets, allowing them to gain competitive advantages.

Overall, PPL has a respectable moat, although not the strongest compared to OGDCL. PPL's competitiveness could be further strengthened by investing in technological innovations and expanding into new markets.

Revenue Growth: 7.5% (2025) Profit Growth: 5.2% (2025) Exploration of New Gas Fields: 3 new projects (2025)

Pakistan Petroleum Limited (PPL) recorded a revenue growth of 7.5% in 2025, attributed to increased production and the exploration of new gas fields. This expansion into new projects demonstrates the potential for future growth and a stronger market position.

The profit growth of 5.2% in the same year indicates that the company is able to effectively manage its costs and operate profitably, despite challenges in the energy sector. Investments in new technologies and diversification of energy sources could lead to a more stable earnings outlook in the long term.

Additionally, in 2025, PPL has explored three new gas fields, further strengthening the company's production capacity and resource security. This could have a positive impact on future revenues and profits, especially in an environment of increasing energy demand.

Overall, the current corporate development suggests that PPL could be a solid investment, particularly for investors interested in long-term growth in the energy sector.

Dividend Yield: Estimated 6.5% (2026)
Dividend History: Regular payouts in recent years

Pakistan Petroleum Limited (PPL) has regularly distributed dividends to its shareholders in recent years. The dividend yield for 2026 is estimated to be around 6.5%, based on historical payouts and the current market situation.

The reliability of PPL's dividend payments is relatively high, as the company has an established position in the energy sector and benefits from stable revenues from its oil and gas projects. However, geopolitical risks and fluctuations in commodity prices can influence the company's future dividend policy.