Bullish on All Time Frames.Bullish on All Time Frames.
Monthly Closing above 211 - 212 would
be very positive for OGDC.
Retested the Previous Breakout Level
around 194 - 195.
Hidden Bullish Divergence on Daily Tf.
227 - 228 is the Weekly Resistance that
seems to break this time.
If this level is Sustained, we may witness
250
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
39.09 PKR
208.98 B PKR
463.70 B PKR
932.95 M
About OIL & GAS DEVELOPMENT CO LTD
Sector
Industry
CEO
Ahmed Hayat Lak
Website
Headquarters
Islamabad
Founded
1961
ISIN
PK0080201012
FIGI
BBG000CH98M7
Oil & Gas Development Co. Ltd. engages in the exploration and development of oil and gas resources. It also involved in exploration, drilling, process and plants, production, reservoir management, and engineering support. The company was founded on March 4, 1961 and is headquartered in Islamabad, Pakistan.
OGDC - LongFrom a technical point of view, the first target should be Rs 237, and the long-term target is Rs 335.
On fundamental grounds, the current fair value of this share should be around Rs 228, but if the circular debt issue is resolved and the company starts giving dividends around Rs 40 - Rs 45 than t
OGDC - PSX - Buy Trade CallOGDC has been sideways after making a HH and even broke its regression channel. It has now made a bullish hidden divergence on RSI.
Although KVO is still down but it is anticipated to gain momentum due to good news coming up from OGDC management.
Trade Values:
Buy-1: 214 (Current Market Price)
Buy
OGDC is SUPER BULLISH long term.OGDC is SUPER BULLISH long term.
OGDC is bullish on long term investment and can be multiple X value from current price.
However, price never move in a straight line, therefore currently we will focus on nearest mid term (3-5 years) targets, after which OGDC shall strongly consolidate.
At present
Making HH HL on Daily TF; butMaking HH HL on Daily TF; but 236 is
Important to Sustain for Further Upside.
222 - 225 may act as an Immediate
Support Zone.
Though 206 is a key level that should
not be broken. However, retesting of
193 - 195 levels is also possible in worst case.
Upside Immediate Targets can be around
265 - 27
OGDC all Targets achieved !Initiated a call in Sep'24 for potential Target of 190 on the breakout of symmetrical triangle and breakout of previous LH which was achieved on 8 Nov'24. given swing traders approx 35% gain within 2 months.
The stock is likely to continue its bullish momentum and might test its first resistance a
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of OGDC is 212.37 PKR — it has increased by 0.32% in the past 24 hours. Watch OIL & GAS DEVELOPMENT CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange OIL & GAS DEVELOPMENT CO LTD stocks are traded under the ticker OGDC.
OGDC stock has fallen by −2.00% compared to the previous week, the month change is a −8.86% fall, over the last year OIL & GAS DEVELOPMENT CO LTD has showed a 57.31% increase.
We've gathered analysts' opinions on OIL & GAS DEVELOPMENT CO LTD future price: according to them, OGDC price has a max estimate of 372.00 PKR and a min estimate of 305.00 PKR. Watch OGDC chart and read a more detailed OIL & GAS DEVELOPMENT CO LTD stock forecast: see what analysts think of OIL & GAS DEVELOPMENT CO LTD and suggest that you do with its stocks.
OGDC reached its all-time high on Jan 15, 2014 with the price of 289.99 PKR, and its all-time low was 69.00 PKR and was reached on Dec 20, 2022. View more price dynamics on OGDC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OGDC stock is 3.13% volatile and has beta coefficient of 0.88. Track OIL & GAS DEVELOPMENT CO LTD stock price on the chart and check out the list of the most volatile stocks — is OIL & GAS DEVELOPMENT CO LTD there?
Today OIL & GAS DEVELOPMENT CO LTD has the market capitalization of 913.39 B, it has increased by 0.41% over the last week.
Yes, you can track OIL & GAS DEVELOPMENT CO LTD financials in yearly and quarterly reports right on TradingView.
OIL & GAS DEVELOPMENT CO LTD is going to release the next earnings report on Apr 28, 2025. Keep track of upcoming events with our Earnings Calendar.
OGDC earnings for the last quarter are 9.63 PKR per share, whereas the estimation was 9.32 PKR resulting in a 3.35% surprise. The estimated earnings for the next quarter are 10.81 PKR per share. See more details about OIL & GAS DEVELOPMENT CO LTD earnings.
OGDC net income for the last quarter is 41.44 B PKR, while the quarter before that showed 41.02 B PKR of net income which accounts for 1.02% change. Track more OIL & GAS DEVELOPMENT CO LTD financial stats to get the full picture.
OIL & GAS DEVELOPMENT CO LTD dividend yield was 7.46% in 2024, and payout ratio reached 20.79%. The year before the numbers were 10.96% and 16.37% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 27, 2025, the company has 10.73 K employees. See our rating of the largest employees — is OIL & GAS DEVELOPMENT CO LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OIL & GAS DEVELOPMENT CO LTD EBITDA is 253.19 B PKR, and current EBITDA margin is 60.45%. See more stats in OIL & GAS DEVELOPMENT CO LTD financial statements.
Like other stocks, OGDC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OIL & GAS DEVELOPMENT CO LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OIL & GAS DEVELOPMENT CO LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OIL & GAS DEVELOPMENT CO LTD stock shows the buy signal. See more of OIL & GAS DEVELOPMENT CO LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.