Sunday, January 17, 2016

Review of PSO Pakistan State Oil Stock Financials



Introduction:

Pakistan State Oil Company Limited ("the Company") is a public company incorporated in Pakistan in 1976 and is listed on the Pakistan Stock Exchange. The registered office of the Company is located at PSO House, Khayaban-e-Iqbal, Clifton, Karachi. The principal activities of the Company are procurement, storage and marketing of petroleum and related products. It also blends and markets various kinds of lubricating oils. Federal Government of Pakistan is a major shareholder with 25.5% shareholding.

Website:


Strategic Investments:

Pakistan Investment Bonds worth 47 billion Rupees

Income Profile:

Quarterly Income

Pakistan State Oil
Year Ending: June
Total No of Shares: 27 crore                                            KSE Symbol: PSO

2016
2017

Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
EPS
11.97







EPS








Eps Total
11.97







Eps Cumulative








Benefits
NIL









Annual Income and Distribution:


Year Ending: June    KSE Symbol: PSO   Pakistan State Oil

2012
2013
2014
2015
EPS
52.8
46.52
80.31
25.53
EPS




No of Shares
17 crore
24 crore
27 crore
27 crore
Benefits
DIV 5.5  Rupees
DIV 5  Rupees
DIV 8 Rupees
DIV 10  Rupees
Bonus
20 %
20%
10%
NIL

Work In Progress:

Receivable worth 170 Billion rupees from Power Sector, PIA, and SNGPL is causing cash flow issues. The company is also pursuing the reinstatement of favorable LNG Margin.

Stock Price View:

PSO
Date Observed
Time Period
Maximum
Minimum
Average
Stock Price
18 Jan 2016
Jan 2013-Jan 2016
452
185
336

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