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11K views · 191 reactions | Pakistan Petroleum Limited (#PPL) Oil and Gas Rig #Margand in heavy snow. Recently in December 2019 PPL has made a hydrocarbons discovery from its first exploratory well Margand X-1 in the block located in District #Kalat, #Balochistan. #Pakistan   © Khan Imtiaz | Developing Pakistan | Facebook
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Among Pakistan’s E&P players, Pakistan Petroleum Limited (PPL) stands out as the most attractive, trading at under 6x PER compared to peers above 7x. Within the KSE-100 index, MCB and BAFL offer impressive dividend yields exceeding 10%. Notably, with MCB’s strong capital adequacy ratio, there’s clear room for a dividend hike, similar to the increase recently demonstrated by UBL in its latest 2Q results. Join Nukta presenter Shuja Qureshi, Shahbaz Ashraf, Head of Research at Nukta, and Asim Wahab
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