Mari Gas Company Limited (MARI) - Financial and Strategic SWOT
Analysis Review
Reference Code: GDGE413FSA Publication Date: OCT 2012
21, Mauve Area, 3rd Road, G-10/4 Phone +92 51 2352853 Revenue 6,587.31 (million PKR)
Islamabad Fax +92 51 2352859 Net Profit 1,115.17 (million PKR)
44000 Website www.marigas.com.pk Employees 371
MARI [Karachi Stock
Pakistan Exchange Industry Oil & Gas
Exchange]
Company Overview
Mari Gas Company Limited (MGCL) is a Pakistan based upstream oil and gas company. It conducts the exploration,
development and production of crude oil, natural gas, condensate and LPG. The company has its interests in 13 blocks located in
Pakistan and abroad, out of which seven are operating blocks and the remaining six blocks are non-operating. The operating
blocks of the company are Ziarat block, Karak block, Sukkur block, Hanna block, Gharui block, Harnai block and Sujawal block.
The gas field of the company is located at Daharki, District Ghotki, Sindh, It is the second largest oil field in the country.
Key Executives SWOT Analysis
Name Title Mari Gas Company Limited, SWOT Analysis
Raza Muhammad Khan Chief Executive Officer Strengths Weaknesses
Qaiser Javed Director
Strong Operational Base Increasing Operating Costs
Nadeem Inayat Director Affecting Margins
Focused Research and
Zahid Hussain Director
Development Approach Increase in Trade Receivables
Liaqat Ali Director
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData Opportunities Threats
Share Data Expansion across Gas Value Political Instability
Mari Gas Company Limited Chain
Intense Competition
Share Price (PKR) as on 25-Oct- 99.51 Discoveries of Hydrocarbons
2012
EPS (PKR) 12.14
Source: Annual Report, Company Website, Primary and Secondary Research,
Market Cap (million PKR) 9,142 GlobalData
Enterprise Value (million PKR) 7,581
Shares Outstanding (million) 92
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance Recent Developments
Oct 17, 2011 MGCL Announces Oil Discovery At Karak
Exploration Block In Pakistan
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Mari Gas Company Limited (MARI) - Financial and Strategic SWOT Reference Code: GDGE413FSA
Analysis Review
Source : www.globalcompanyintelligence.com Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 3
List of Figures ................................................................................................................................................................................. 3
Section 1 - About the Company.......................................................................................................................................................... 4
Mari Gas Company Limited - Key Facts ............................................................................................................................................. 4
Mari Gas Company Limited - Key Employees .................................................................................................................................... 5
Mari Gas Company Limited - Key Operational Employees................................................................................................................. 6
Mari Gas Company Limited - Major Products and Services ............................................................................................................... 7
Mari Gas Company Limited - Key Operational Summary ................................................................................................................... 8
Mari Gas Company Limited - History .................................................................................................................................................. 9
Mari Gas Company Limited - Company Statement .......................................................................................................................... 10
Mari Gas Company Limited - Locations And Subsidiaries ................................................................................................................ 13
Head Office ................................................................................................................................................................................... 13
Other Locations & Subsidiaries ..................................................................................................................................................... 13
Section 2 – Company Analysis ......................................................................................................................................................... 14
Mari Gas Company Limited - Business Description ......................................................................................................................... 14
Mari Gas Company Limited - SWOT Analysis .................................................................................................................................. 15
SWOT Analysis - Overview........................................................................................................................................................... 15
Mari Gas Company Limited - Strengths ........................................................................................................................................ 15
Strength - Strong Operational Base .......................................................................................................................................... 15
Strength - Focused Research and Development Approach ...................................................................................................... 15
Strength - Long Term Supply Contracts .................................................................................................................................... 15
Mari Gas Company Limited - Weaknesses ................................................................................................................................... 16
Weakness - Increasing Operating Costs Affecting Margins ...................................................................................................... 16
Weakness - Increase in Trade Receivables .............................................................................................................................. 16
Mari Gas Company Limited - Opportunities .................................................................................................................................. 16
Opportunity - Expansion across Gas Value Chain .................................................................................................................... 16
Opportunity - Discoveries of Hydrocarbons ............................................................................................................................... 16
Opportunity - E&P activities....................................................................................................................................................... 16
Mari Gas Company Limited - Threats ........................................................................................................................................... 17
Threat - Political Instability ...............................................................................................................................