PSX Ticker: mari - Stock price and company news

Markets

PSX record rally: more Pakistani companies join billion-dollar club

Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024

Published 16 Dec, 2024 04:16pm

Pakistan

Six killed, eight passengers injured in North Waziristan helicopter crash

Helicopter belonged to Mari Petroleum Limited

Updated 28 Sep, 2024 07:38pm

Technology

Mari Petroleum begins data centre initiative in Karachi

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has ramped up efforts to...

Updated 25 Sep, 2024 10:54pm

Business & Finance

Mari Petroleum says will invest Rs10bn in tech-focused subsidiary

The Board of Directors of Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has...

Updated 24 Sep, 2024 10:33pm

BR Research

Mari Petroleum Company Limited

Mari Petroleum Company Limited (PSX: MARI) is the second largest producer of natural gas. It is integrated oil and...

Published 05 Sep, 2024 07:50am

BR Research

FY24: Mari Petroleum’s best profits yet

Mari Petroleum Company Limited (MARI) has announced its financial results for FY24, showcasing record-breaking...

Published 12 Aug, 2024 08:06am

Technology

Mari Petroleum forms subsidiary with focus on cloud computing, AI

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, is looking to step into the...

Updated 08 Aug, 2024 09:45pm

Markets

Mari Petroleum reports profit of Rs77.3bn in FY24, announces 800% bonus shares and dividend

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, posted a profit-after-tax (PAT)...

Updated 08 Aug, 2024 09:16pm

Markets

MARI successfully concludes Ghazij appraisal program

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, successfully...

Published 23 Jul, 2024 11:34am

Pakistan

Mari Mining receives licences for exploration of minerals in Chagai

Mari Mining Company (Pvt) Limited (MMC), a wholly-owned subsidiary of Mari Petroleum Company Limited (MARI), has...

Updated 03 Jul, 2024 05:11pm

Markets

MARI drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Published 01 Jul, 2024 04:34pm

Markets

Pakistani companies with market cap of over $1bn at PSX

A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024

Updated 16 May, 2024 12:36pm

BR Research

MARI – earnings slip in 3Q

Mari Petroleum Company Limited (PSX: MARI) announced its financial performance recently, posting a decline in the...

Published 03 May, 2024 09:07am

Markets

Mari Petroleum says will invest Rs2.5bn in mineral mining subsidiary via equity injection

The Board of Directors of Mari Petroleum Company Limited (MARI) has approved an investment of up to Rs2.5 billion by...

Updated 29 Apr, 2024 09:40pm

Markets

First oil discovery made in Mari D&PL

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered...

Published 22 Apr, 2024 02:49pm

Markets

MARI successfully drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Updated 18 Apr, 2024 04:31pm

Markets

Mari acquires working interest in Zarghun South and Nareli Block

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has acquired a working interest...

Updated 07 Feb, 2024 05:01pm

Markets

Mari Petroleum drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has successfully drilled another...

Updated 01 Feb, 2024 10:16pm

BR Research

MARI 1HFY24 – of higher gas prices and volumes

Mari Petroleum Company Limited (PSX: MARI) witnessed an uptick in oil and gas production during the recently...

Published 31 Jan, 2024 09:06am

Markets

Mari Petroleum reports profit of Rs37.51bn in 1HFY24

Earnings up 57% year-on-year

Updated 29 Jan, 2024 10:57pm

Markets

Mari Petroleum successfully drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Updated 19 Jan, 2024 10:51pm

Markets

Mari Petroleum discovers gas reserves in North Waziristan

Mari Petroleum Company Limited (MARI), one of the largest producers of natural gas in the country, has discovered...

Updated 11 Jan, 2024 10:59pm

Markets

Market cap: Pakistan’s energy giant Mari Petroleum joins billion-dollar club

Becomes 7th company with market cap of over billion dollars at PSX

Updated 11 Dec, 2023 08:00pm

Markets

Mari Petroleum successfully drills development well in Sindh

Mari Petroleum Company Limited (MARI), one of the largest producers of natural gas in the country, has successfully...

Updated 11 Dec, 2023 09:25pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 06 Dec, 2023 08:57am

Markets

MARI commences gas production from appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of the country’s largest, one of Pakistan’s largest energy and...

Published 13 Nov, 2023 03:15pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 07 Nov, 2023 08:22am

BR Research

MARI – earnings soar in 1QFY24

The oil and gas exploration and production sector has seen some respite in production volumes in the ongoing fiscal...

Published 27 Oct, 2023 08:07am

Markets

Mari Petroleum successfully drills appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Published 09 Oct, 2023 03:50pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 21 Sep, 2023 09:14am

Pakistan

MARI granted license to explore minerals in Chagai, Balochistan

Grant 'in line with its strategy to diversify into near core areas and its commitment to contributing to the growth of the mineral mining sector'

Updated 25 Aug, 2023 04:13pm

BR Research

MARI shines in FY23

FY23 has been a year of high prices, which meant growth in oil and gas E&P sector earnings. And then the local...

Published 11 Aug, 2023 08:26am

Markets

MARI reports highest-ever profit of Rs56.13bn in FY23

Profit was up 70% year-on-year

Published 09 Aug, 2023 12:55pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 24 May, 2023 09:03am

BR Research

MARI in 9MFY23

FY23 has been a growth year for the oil and gas exploration and production sector – not because of gushing...

Published 10 May, 2023 08:52am

Markets

Mari Petroleum, Orient Petroleum ink gas processing contract

Mari Petroleum Company Limited (MARI), one of Pakistan’s top energy companies, has entered into an agreement with...

Updated 13 Apr, 2023 02:30pm

Markets

Mari completes commissioning, testing of gas processing facilities in Daharki, Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s top energy companies, announced the successful phased...

Updated 09 Mar, 2023 06:50pm

BR Research

MARI– earnings continue to gallop

After a growth year for earnings in FY22, the exploration and production sector’s earnings are roaring in FY23 so...

Published 30 Jan, 2023 09:20am

Markets

Mari Petroleum commences gas supply from SGPC to Sui Northern

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest petroleum exploration and production companies,...

Published 20 Jan, 2023 11:46am

Markets

Mari announces 2023’s first discovery in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest petroleum exploration and production company,...

Updated 09 Jan, 2023 12:38pm

Business & Finance

Gas production at desired delivery pressure: Mari signs agreement with fertiliser companies

Mari Petroleum Company says project aims to maintain Habib Rahi Limestone (HRL) Reservoir gas production plateau at desired delivery pressure

Published 09 Dec, 2022 03:20pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Updated 06 Dec, 2022 10:11am

BR Research

E&Ps –jovial start to FY23

While the local E&P companies might be seen to boast increased drilling and exploration activity, they have been...

Published 16 Nov, 2022 08:54am

Markets

OGDCL, MARI & PPL get provisional award for new exploration blocks in Balochistan

MARI says likely acquisition of new exploration blocks in accordance with its exploration business plan

Updated 08 Nov, 2022 05:10pm

BR Research

Mari – earnings up again

The fiscal year FY22 witnessed spiking oil and energy prices, which lifted the revenues and earnings of the E&P...

Published 31 Oct, 2022 08:54am

Markets

Mari Petroleum drills first-ever horizontal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest integrated petroleum exploration and production...

Published 05 Oct, 2022 05:01pm

Markets

Mari temporarily suspends gas production operations in Balochistan

Mari Petroleum Company Limited on Thursday announced a temporary suspension of production operations at its Zarghun...

Published 08 Sep, 2022 07:02pm

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 22 Aug, 2022 08:30am

BR Research

Mari FY22– Supertax dampens earnings

The high crude oil price environment benefits the oil and gas exploration and production sector. The fiscal year ...

Published 05 Aug, 2022 08:46am

Markets

OGDCL discovers oil, gas reserves in Sindh and Punjab

Discoveries made in Rajanpur, Punjab and district Tando Allah Yar, Sindh

Published 22 Jun, 2022 11:47am

BR Research

Mari Petroleum Company Limited

By operating the country’s largest gas reservoir at Mari Gas Field, Daharki, Sindh, Mari Petroleum Company Limited...

Published 20 Jun, 2022 09:23am

Business & Finance

SNGPL to lay infrastructure for North Waziristan, Lakki Marwat gas reserves

Estimated cost of project is Rs23.4 billion, expected to be completed within FY 2022-23

Published 17 Jun, 2022 11:53am

Markets

OGDCL announces gas discovery in Sindh's Ghotki

The Oil and Gas Development Company Limited (OGDCL) on Wednesday announced a gas discovery from an exploratory well...

Published 15 Jun, 2022 03:49pm

Business & Finance

Mari Petroleum makes gas/condensate discovery in North Waziristan

Mari Petroleum Company Limited (MPCL), one of Pakistan’s largest integrated petroleum exploration and production...

Published 01 Jun, 2022 01:52pm

Business & Finance

Govt awards five new exploration blocks to MARI

Company wants to add new resources to its hydrocarbon resource balance

Updated 28 Apr, 2022 02:37pm

BR Research

Mari Petroleum Company Limited

Mari Petroleum Company Limited (PSX: MARI) is the second largest producer of natural gas by operating the ...

Published 04 Apr, 2022 07:37am

Pakistan

MPCL commences first gas from Tipu compartment of 'Goru B' reservoir

Mari Petroleum Company Limited (MPCL), one of Pakistan’s largest integrated petroleum exploration and production...

Published 28 Mar, 2022 11:14am

BR Research

MARI in 1HFY22

After a stable start to FY22 in the first quarter, Mari Petroleum Limited (PSX: MARI) continued to sail through the...

Published 25 Jan, 2022 07:50am

BR Research

Mari Petroleum Company Limited

Being the second largest producer of natural gas, Mari Petroleum Company Limited (PSX: MARI) has been operating the...

Published 12 Jan, 2022 07:57am

BR Research

MARI keeping it stable

The oil and gas exploration and production sector is set to benefit from the high in oil prices, after a significant...

Published 28 Oct, 2021 07:30am

Business & Finance

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

BR Research

MARI - higher hydrocarbon flows

The impact of COVID-19 and depressed oil prices was a challenge for the oil and gas exploration and production...

Published 31 Aug, 2021 07:40am

Business & Finance

Govt, MPCL sign agreement, allowing removal of dividend distribution cap

The company informed that accordingly, effective 1st July 2020, MPCL has been allowed to declare and distribute dividends in accordance with the provisions of the Companies Act 2017 (as amended from time time) and the Companies (Distribution of Dividends) Regulations, 2017. `

Published 19 Apr, 2021 10:53am

BR Research

MARI – Buoyed for FY21

Lower production in 2QFY21 both year-on-year as well as sequentially as well as currency appreciation have been ...

Published 23 Feb, 2021 07:40am

Business & Finance

MARI dividend cap removal will unlock company’s potential, says Analysts

Just days ago, ECC of the Cabinet made this decision of removal of dividend cap to ensure that the divestment transaction generates optimum sale proceeds for the government.

Published 05 Feb, 2021 11:15am

Business & Finance

Govt gives Provisional Award of New Exploration Blocks to E&P firms

The blocks have been awarded after competitive bidding, on the basis of work units committed by different E&P Companies in the Block Bidding Round 2020 arranged by the Government.

Published 28 Jan, 2021 10:47am

Markets

MPCL submits EOI to acquire majority in two wind power projects

The acquisition is subject to the detailed due diligence of these projects, completion of procedural formalities, and requite approvals from MPCL Board of Directors and relevant Regulatory Authorities.

Published 20 Oct, 2020 11:38am

BR Research

MARI - a good start to FY21

Mari Petroleum Company Limited (PSX: MARI) has started off FY21 on a high note. The exploration and production...

Published 20 Oct, 2020 08:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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