OGDCOGDC making HHs and HLs, initial resistance lies around 236 which consider the initial target and upon break out next resistance lies around 280.
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46.72 PKR
208.98 B PKR
463.70 B PKR
932.95 M
About OIL & GAS DEVELOPMENT CO LTD
Sector
Industry
CEO
Ahmed Hayat Lak
Website
Headquarters
Islamabad
Founded
1961
ISIN
PK0080201012
FIGI
BBG000CH98M7
Oil & Gas Development Co. Ltd. engages in the exploration and development of oil and gas resources. It also involved in exploration, drilling, process and plants, production, reservoir management, and engineering support. The company was founded on March 4, 1961 and is headquartered in Islamabad, Pakistan.
OGDC all Targets achieved !Initiated a call in Sep'24 for potential Target of 190 on the breakout of symmetrical triangle and breakout of previous LH which was achieved on 8 Nov'24. given swing traders approx 35% gain within 2 months.
The stock is likely to continue its bullish momentum and might test its first resistance a
OGDCOGDC breaks its previous resistance, which acts as support for the price.
Expected 40% bullish wave is expected in upcoming days!
OGDC : AB=CD PatternOGDC: An ABCD pattern on the daily chart suggests a potential bullish move toward Point D if the price sustains and closes above Point B daily. Stop loss is at Point C.
OGDC 29 Nov 2024 ZonesBullish zone 195.5
Bearish zone 192.5
Key levels are 208, 201, 187 and 180
Note: This is not a buy/sell call. Use stop loss whenever trade.
OGDC 27 Nov 2024 bullish and Bearish ZonesBullish zone is above 183.25
Bearish Zone is 175.5
Note: This is not a buy/sell call. Use stop loss whenever trade.
OGDC drop down and bounceback levelsThese are key levels of OGDC for drop down and bounceback.
Note: this is not a buy/sell call. Trade at your own risk.
OGDC drop down and bounce back levelsThese are #OGDC drop down and bounce back levels.
Note: Trade at your own risk.
OGDC. Bullish channel Top with Divergence- Bullish Channel
- Channel Top Retest
- Rejection seen from top of channel
- Divergence appeared
- Retracement Expected
- A Healthy Retracement level is around
38% to 50% fib level
- Horizontal Support level Aligns with retracement
level
WIP: WORK IN PROGRESSI'm still not finished with my analysis. I'll refactor / update it over the weekend, & then I'll add detailed description . Currently, I'm too much busy with office work. This is just a draft for review on the coming weekend.
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Frequently Asked Questions
The current price of OGDC is 230.13 PKR — it has decreased by −1.06% in the past 24 hours. Watch OIL & GAS DEVELOPMENT CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange OIL & GAS DEVELOPMENT CO LTD stocks are traded under the ticker OGDC.
OGDC stock has fallen by −2.24% compared to the previous week, the month change is a 15.67% rise, over the last year OIL & GAS DEVELOPMENT CO LTD has showed a 96.86% increase.
We've gathered analysts' opinions on OIL & GAS DEVELOPMENT CO LTD future price: according to them, OGDC price has a max estimate of 355.00 PKR and a min estimate of 179.00 PKR. Watch OGDC chart and read a more detailed OIL & GAS DEVELOPMENT CO LTD stock forecast: see what analysts think of OIL & GAS DEVELOPMENT CO LTD and suggest that you do with its stocks.
OGDC reached its all-time high on Jan 15, 2014 with the price of 289.99 PKR, and its all-time low was 69.00 PKR and was reached on Dec 20, 2022. View more price dynamics on OGDC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OGDC stock is 12.51% volatile and has beta coefficient of 1.53. Track OIL & GAS DEVELOPMENT CO LTD stock price on the chart and check out the list of the most volatile stocks — is OIL & GAS DEVELOPMENT CO LTD there?
Today OIL & GAS DEVELOPMENT CO LTD has the market capitalization of 1.00 T, it has increased by 20.40% over the last week.
Yes, you can track OIL & GAS DEVELOPMENT CO LTD financials in yearly and quarterly reports right on TradingView.
OIL & GAS DEVELOPMENT CO LTD is going to release the next earnings report on Feb 19, 2025. Keep track of upcoming events with our Earnings Calendar.
OGDC net income for the last quarter is 41.02 B PKR, while the quarter before that showed 37.87 B PKR of net income which accounts for 8.31% change. Track more OIL & GAS DEVELOPMENT CO LTD financial stats to get the full picture.
OIL & GAS DEVELOPMENT CO LTD dividend yield was 7.46% in 2024, and payout ratio reached 20.79%. The year before the numbers were 10.96% and 16.37% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 25, 2024, the company has 10.73 K employees. See our rating of the largest employees — is OIL & GAS DEVELOPMENT CO LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OIL & GAS DEVELOPMENT CO LTD EBITDA is 262.60 B PKR, and current EBITDA margin is 60.45%. See more stats in OIL & GAS DEVELOPMENT CO LTD financial statements.
Like other stocks, OGDC 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 OIL & GAS DEVELOPMENT CO LTD 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 OIL & GAS DEVELOPMENT CO LTD technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OIL & GAS DEVELOPMENT CO LTD stock shows the strong buy signal. See more of OIL & GAS DEVELOPMENT CO LTD 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.