MARI Petroleum good support zone MARI Petroleum good support zone
Buy Big
Next move will be above PKR 1000/-
Next report date
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Report period
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EPS estimate
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Revenue estimate
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64.44 PKR
77.29 B PKR
181.83 B PKR
224.89 M
About MARI ENERGIES LIMITED
Sector
Industry
CEO
Faheem Haider
Website
Headquarters
Islamabad
Founded
1984
ISIN
PK0066301018
FIGI
BBG000GN6ZS7
Mari Energies Ltd. is engaged in the exploration, development, and production of hydrocarbon potentials, which includes natural gas, crude oil, condensate and LPG. The company was founded on December 4, 1984 and is headquartered in Islamabad, Pakistan.
Still Bullish on Bigger Time Frames.
Bullish Engulfer on Daily TF; however needs
to Struggle on Weekly basis.
Tested 61.8% fib of Recent Rally.
It should go & test 850 - 900 & once
901 is Crossed & Sustained, we may witness
New Highs.
If it breaks 575, further Selling Pressure would
be seen then.
ATRL: First Target: 900ATRL: First Target: 900
TP2: 1134
ATRL boucned back from Golden Zone and stayed there and closed at 694.
First Resistance :
is 788. If it breaks and close above then it might go to 900 Fist TP
Mari is heading to 900 againMari did not drop more to below its support of 594. it dropped from its support of 666 and bounce back again and broken resistance of 666 and touched 715. It is likely to cross again 755 and heading to 900 again. Use stop loss below 666
Note: This is not a buy/sell call. Trade at your own
will.
MARI - PSX - Technical AnalysisOn daily TF, MARI has defined a Higher High and has came down to define a Higher Low.
Currently almost 52% Fib retracement (Rs 655) has done. Price may even further drop to Fib 61.80% (Rs 610). Now, this is the golden pocket (50~61.80%) retracement zone, where most financial institutions prefer to
MARI PETROLEUM - LONGMany people are concerned about MARI, but I believe it will recover around the 30-minute EMA, approximately 650-660. After a brief consolidation, the next move upward may follow. The chart outlines the target levels.
MARI - Technical AnalysisMARI is in bull run as ever. RSI and KVO also suggesting strong buying.
Fundamentally very strong and now showing its true potential. New entrants may buy now or wait for the dip expected shortly but that would be very brief.
Trade Values
Buy : 558
SL: 429
TP-1: 604
TP-2: 731
TP-3: 797
Still Bullish but...Double Top Formation (Bearish).
However, Still Bullish on All Time Frames,
if it Crosses & Sustains 490 - 491, we may witness
516 - 517 immediately.
0.618 Fib SupportIt has taken Support from 0.618 fib level.
If 485.50 is Sustained, we may witness
580 initially.
On the flip side, 407.50 is immediate Support
on Monthly basis.
MARI potential Buy setupReasons for bullish bias:
- Fundamentally a very strong company
- Price respecting upward trendline and is at 0.382 Fib level
- Overall a bullish trend
- Divergence also getting synched
Here are the recommended trading levels:
Buy 1: 402 (CMP is also good)
Buy 2: 384.19
Stop Loss Level: Closing bel
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Frequently Asked Questions
The current price of MARI is 671.35 PKR — it has increased by 0.28% in the past 24 hours. Watch MARI ENERGIES LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange MARI ENERGIES LIMITED stocks are traded under the ticker MARI.
MARI stock has fallen by −5.44% compared to the previous week, the month change is a −0.39% fall, over the last year MARI ENERGIES LIMITED has showed a 188.00% increase.
We've gathered analysts' opinions on MARI ENERGIES LIMITED future price: according to them, MARI price has a max estimate of 606.00 PKR and a min estimate of 370.00 PKR. Watch MARI chart and read a more detailed MARI ENERGIES LIMITED stock forecast: see what analysts think of MARI ENERGIES LIMITED and suggest that you do with its stocks.
MARI reached its all-time high on Dec 16, 2024 with the price of 900.23 PKR, and its all-time low was 0.28 PKR and was reached on Apr 2, 2004. View more price dynamics on MARI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MARI stock is 3.51% volatile and has beta coefficient of 1.74. Track MARI ENERGIES LIMITED stock price on the chart and check out the list of the most volatile stocks — is MARI ENERGIES LIMITED there?
Today MARI ENERGIES LIMITED has the market capitalization of 806.04 B, it has decreased by −4.73% over the last week.
Yes, you can track MARI ENERGIES LIMITED financials in yearly and quarterly reports right on TradingView.
MARI ENERGIES LIMITED is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
MARI net income for the last quarter is 19.23 B PKR, while the quarter before that showed 25.66 B PKR of net income which accounts for −25.06% change. Track more MARI ENERGIES LIMITED financial stats to get the full picture.
MARI ENERGIES LIMITED dividend yield was 37.46% in 2024, and payout ratio reached 175.37%. The year before the numbers were 9.71% and 34.94% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jan 12, 2025, the company has 1.65 K employees. See our rating of the largest employees — is MARI ENERGIES LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MARI ENERGIES LIMITED EBITDA is 111.83 B PKR, and current EBITDA margin is 64.99%. See more stats in MARI ENERGIES LIMITED financial statements.
Like other stocks, MARI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MARI ENERGIES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MARI ENERGIES LIMITED technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MARI ENERGIES LIMITED stock shows the buy signal. See more of MARI ENERGIES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.