MARI
Mari EnergiesLAST · PKR
52W RANGE
Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.
- Market cap
- 750bn
- P/E (ttm)
- 9.8×
- EPS (ttm)
- 63.72
- Dividend yield
- 2.6%
- Return on equity
- 27.9%
- Beta
- 0.95
- Free float
- 20%
- 52W high
- 664.12
- 52W low
- 489.53
- 1D change
- +1.52%
- YTD return
- +10.2%
Operator of the Mari gas field — Pakistan's second-largest — with sector-leading reserve replacement and an expanding minerals venture.
SIGNA DESK · FIRST CAPITAL RESEARCH · 11 JUN 2026 · EOD
Mari Energies: solid franchise, fair price — earnings, not the payout, set the pace
Mari Energies (MARI) trades at 9.8× trailing earnings with a 2.6% dividend yield, sitting 77% of the way up its 52-week range. Return on equity of 27.9% comfortably clears the market's cost of equity, and the 20% free float keeps the name tightly held — flows matter more than fundamentals on any given day.
Within the E&P space, the setup is balanced: valuation neither stretches nor compels, and the dividend underpins total return. At 0.95 beta the name tracks the index closely, so the yield spread over the 12-month T-bill is the cleanest way to frame the trade. Capital appreciation, not the payout, has to carry the return from here.
AT A GLANCE
- Stance
- NEUTRAL
- P/E (ttm)
- 9.8×
- Dividend yield
- 2.6%
- Beta
- 0.95
- 52W position
- 77%
- YTD return
- +10.2%
— GENERATED BY SIGNA · NOT INVESTMENT ADVICE
| Symbol | Last | Chg % | P/E | M. Cap | 1Y |
|---|---|---|---|---|---|
| OGDCOil & Gas Development Company | 221.40 | −0.04% | 5.1× | 952bn | |
| MARIMari Energies— THIS PAGE | 624.50 | +1.52% | 9.8× | 750bn | |
| PPLPakistan Petroleum | 186.90 | +1.38% | 4.6× | 509bn | |
| POLPakistan Oilfields | 604.20 | +0.94% | 5.9× | 172bn |
Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.