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The Oil & Gas Development Company (OGDC) has crossed a historic milestone, achieving a market capitalization of Rs1 trillion after a breakthrough Pakistan-US oil exploration deal.
The agreement, confirmed by US President Donald Trump, outlines plans for a joint effort to explore Pakistan’s oil reserves through a major American oil firm, which is expected to be announced soon.
“This could position Pakistan as a future regional oil supplier,” Trump said, sparking strong investor confidence that drove OGDC shares to record highs.
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The surge in investor sentiment pushed OGDC’s value beyond Rs1 trillion for the first time in its history. The oil partnership is part of a broader economic framework between Pakistan and the US.
In addition to energy collaboration, the two countries also concluded long-pending trade talks, leading to lower tariffs on Pakistani exports to the US and opening new avenues for trade and industrial growth.
Officials from both sides said the cooperation would extend beyond oil and gas, targeting sectors such as mining, IT, digital assets, and emerging technologies, signaling a new chapter in bilateral economic relations.
Experts believe the oil agreement and OGDC’s valuation leap will likely attract significant foreign investment into Pakistan’s energy infrastructure, while also boosting investor confidence in the country’s long-term economic outlook.
