FIRST CAPITAL· SIGNA RESEARCH
KSE CLOSEDKSE-100 · PSX--:--:-- PKTDATA AS OF 11 JUN 2026 · EOD

POL

Pakistan Oilfields
E&P

LAST · PKR

604.20
+5.63 +0.94%

52W RANGE

533.59628.29
75% OF RANGE · YTD +6.6%
01 / POL — 1 YearAS OF 11 JUN 2026 · EOD
PERIOD 1Y · 250 SESSIONS

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.

02 / Fundamentals
Market cap
172bn
P/E (ttm)
5.9×
EPS (ttm)
102.41
Dividend yield
9.1%
Return on equity
21.3%
Beta
0.85
Free float
46%
52W high
628.29
52W low
533.59
1D change
+0.94%
YTD return
+6.6%

High-payout E&P with operated assets in the Potohar basin and a stake in major non-operated discoveries.

03 / Research NoteNEUTRAL

SIGNA DESK · FIRST CAPITAL RESEARCH · 11 JUN 2026 · EOD

Pakistan Oilfields: solid franchise, fair price — yield does the heavy lifting from here

Pakistan Oilfields (POL) trades at 5.9× trailing earnings with a 9.1% dividend yield, sitting 75% of the way up its 52-week range. Return on equity of 21.3% comfortably clears the market's cost of equity, and the 46% free float keeps the name liquid enough for institutional sizing.

Within the E&P space, the setup is balanced: valuation neither stretches nor compels, and the dividend underpins total return. At 0.85 beta the name damps index swings, which suits income-led mandates in a falling-rate tape. The payout is the anchor of the thesis; any cut would force a full re-underwrite.

AT A GLANCE

Stance
NEUTRAL
P/E (ttm)
5.9×
Dividend yield
9.1%
Beta
0.85
52W position
75%
YTD return
+6.6%

— GENERATED BY SIGNA · NOT INVESTMENT ADVICE

04 / Sector Peers
SymbolLastChg %P/EM. Cap1Y
OGDCOil & Gas Development Company221.40−0.04%5.1×952bn
MARIMari Energies624.50+1.52%9.8×750bn
PPLPakistan Petroleum186.90+1.38%4.6×509bn
POLPakistan Oilfields— THIS PAGE604.20+0.94%5.9×172bn

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.