Pakistan Petroleum Limited
PPSX:PPL214.20
PKR
-2.47
(-1.14%)
ISIN
PK0081801018
Return %
Stock
S&P 500
1Y
10.00
14.20
3Y
159.45
81.12
5Y
179.52
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mohammad Khalid Abdul Rehman
- Full Time Employees
- 2,542
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- Karachi Pakistan
- IPO Date
- Jul 19, 2004
- Website
- ppl.com.pk
- Similar Companies
- Business
- Pakistan Petroleum Limited is a Pakistan-based upstream energy company engaged in the exploration, prospecting, development, and production of crude oil, natural gas, and mineral resources. The company operates primarily through its Upstream Oil and Gas and Minerals Mining business segments. Its product portfolio comprises pipeline-quality natural gas; crude oil and condensate; liquefied petroleum gas (LPG); natural gas liquids (NGL); and industrial minerals, including barite (barytes), lead, and zinc concentrates produced via Bolan Mining Enterprises, a 50:50 joint venture with the Government of Balochistan. Pakistan Petroleum Limited provides end-to-end upstream operational services, including seismic data acquisition and interpretation; geological and geophysical reservoir evaluations; exploratory, appraisal, and development drilling; well completion and workover operations; and production facility and hydrocarbon processing plant operations. The company distributes natural gas directly to utility transmission networks, including Sui Southern Gas Company Limited and Sui Northern Gas Pipelines Limited, as well as to power generation facilities such as Central Power Generation Company Limited (Guddu), while crude oil and condensate are supplied to domestic petroleum refineries, and LPG is allocated to licensed marketing companies. Geographically, the company maintains extensive exploration and production assets across Pakistan, operating major fields including the Sui gas field in Balochistan, Kandhkot in Sindh, Adhi in Punjab, and Gambat South, Hala, Mazarani, and Chachar, while holding participating interests in joint-venture fields including Qadirpur, Tal, Nashpa, Latif, Sawan, and Miano. Internationally, the company participates in exploration acreage in Offshore Block 5 in Abu Dhabi, United Arab Emirates, through its wholly owned subsidiary PPL Asia E&P B.V. as part of a Pakistani energy consortium. In recent strategic developments, Pakistan Petroleum Limited diversified into world-scale metals and mining through an 8.33 percent equity participation in the Reko Diq copper and gold project in Balochistan alongside Barrick Gold Corporation and fellow state-owned enterprises. The company has also expanded its tight gas exploration initiatives under the government's Tight Gas Exploration and Production Policy, executed new development and production leases across its operated concession blocks, and implemented sustainability and energy transition projects, including captive solar power installations at primary field processing facilities. Founded in 1950 and headquartered in Karachi, Pakistan, Pakistan Petroleum Limited operates as a state-controlled entity with the Government of Pakistan holding the majority equity ownership.