Karachi: Pakistan's oil marketing companies (OMCs) have reported a robust performance for the fiscal year 2025, with volumetric sales reaching 16.3 million tons, marking a 7% increase compared to the previous year. According to a press release from AKD Securities Limited, the sales of motor spirit (MS) and high-speed diesel (HSD) showed significant growth, with offtakes at 7.6 million and 6.9 million tons, reflecting year-on-year increases of 6% and 10%, respectively.

AKD Securities has issued a 'BUY' recommendation for Pakistan State Oil (PSO) and Attock Petroleum Limited (APL), projecting target prices of PKR 729 and PKR 850 per share by December 2025. The securities firm highlighted expected dividend yields of 5.1% and 6.1% for the fiscal year 2026, respectively.

The positive outlook is attributed to several factors, including an anticipated revision in OMC margins during the next fiscal year and a recovery in volumetric sales. Additionally, the resolution of circular debt is expected to benefit PSO, the state-owned OMC, positively affecting its financial position.

The report from AKD Securities underscores a favorable environment for the OMC sector, suggesting opportunities for growth and stability in the coming fiscal year.