Company Mari Petroleum Company Limited

Equities

MARI

PK0066301018

Oil & Gas Exploration and Production

End-of-day quote Pakistan S.E. 06:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
2,801 PKR +0.78% Intraday chart for Mari Petroleum Company Limited +6.44% +33.62%

Business Summary

Mari Petroleum Company Limited (MPCL) is an integrated exploration and production company. The Company’s principal business activities include oil and gas exploration, drilling, field development, production, and sale of hydrocarbons, including natural gas, crude oil, condensate, and liquefied petroleum gas (LPG), as well as provision of exploration and production (E&P) related services on a commercial basis. Its segments include Exploration and Production; Mari Seismic Unit (MSU), and Mari Drilling Unit (MDU). The Company is engaged in managing and operating Pakistan's gas reservoir at Mari Field, District Ghotki, Sindh. It also provides two-dimensional (2D)/three-dimensional (3D) seismic data acquisition, seismic data processing, drilling and mud logging services. The Company holds approximately seven development and production (D&P) leases and over 17 exploration licenses as an operator. The Company also has working interest in Zarghun South D&P and Nareli Block.

Number of employees: 1,618

Sales per Business

PKR in Million2022Weight2023Weight Delta
Natural Gas
96.0 %
89,877 94.5 % 139,951 96.0 % +55.71%
Crude Oil
4.0 %
5,253 5.5 % 5,816 4.0 % +10.72%
Liquified Petroleum Gas
0.0 %
4 0.0 % 3 0.0 % -32.52%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
100.0 %
95,134 100.0 % 145,770 100.0 % +53.23%

Managers

Managers TitleAgeSince
Chief Executive Officer - 20-08-11
Director of Finance/CFO - 21-05-31
Chief Administrative Officer - -
Chief Operating Officer - -
Investor Relations Contact - -
Comptroller/Controller/Auditor - -
Human Resources Officer - -
- -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 22-06-23
Director/Board Member - 14-06-25
Director/Board Member - 19-03-20
Director/Board Member - 22-06-23
Chief Executive Officer - 20-08-11
Director/Board Member - 20-09-06
Director/Board Member - 23-04-11
Director/Board Member - 23-09-05
Director/Board Member - 23-08-02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 133,402,500 23,108,105 ( 17.32 %) 0 17.32 %

Shareholders

NameEquities%Valuation
Fauji Foundation
39.67 %
52,916,325 39.67 % 483 M ₨
Government of Pakistan
19.99 %
26,662,548 19.99 % 243 M ₨
26,458,162 19.83 % 241 M ₨
National Investment Trust Ltd.
1.975 %
2,634,129 1.975 % 24 M ₨
Al Meezan Investment Management Ltd.
1.331 %
1,775,330 1.331 % 16 M ₨
State Life Insurance Corp. of Pakistan
1.207 %
1,609,971 1.207 % 15 M ₨
1,330,318 0.9972 % 12 M ₨
NBP Fund Management Ltd.
0.5815 %
775,711 0.5815 % 7 M ₨
UBL Fund Managers Ltd.
0.4009 %
534,848 0.4009 % 5 M ₨
Faysal Bank Ltd. (Investment Management)
0.3944 %
526,121 0.3944 % 5 M ₨

Company contact information

Mari Petroleum Co. Ltd.

21, Mauve Area 3rd Road

44000, Islamabad

+

http://mpcl.com.pk
address Mari Petroleum Company Limited(MARI)
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