- OQEP

Muscat Securities Market (Sultanate of Oman)
0.44 Last Update 12/11/2026 16:20 KSA
 
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  • :0.44
  • :0.44
  • ('000):8,000,000
  • (OMR '000):3,520,000
  • :0


  • 6,615,657
  • :0
  • :
  • 52-W L52-W H
    0.44
    0.360.55
  • 20.00%
  • 22.22%


  • 601

  • (OMR):

    2,889,638.71
  • (OMR):5,803,119
  • :0.5
  • Performance Comparison

Activities

Established on May 5, 2009, OQ Exploration and Production Co. (OQEP) operates as a subsidiary of OQ SAOC, Oman's integrated energy group. Headquartered in Muscat, OQEP is the country's only government-owned upstream oil and gas operator, managing a portfolio of high-quality assets across the exploration and production value chain. The company plays a central role in Oman's energy strategy, contributing significantly to national output and resource development.

OQEP has grown rapidly since its inception, expanding its average daily production nearly 14-fold to reach 246,000 barrels of oil equivalent per day (kboe/d) on a working interest basis by 2023. This output represented approximately 14% of Oman's total oil, gas, and condensate production for that year. The company's portfolio includes 14 upstream assets, strategically located and developed to maximize efficiency, sustainability, and long-term value.

As part of the broader OQ Group, OQEP benefits from integrated capabilities in project development, operational excellence, marketing, and financing. The group is wholly owned by the Oman Investment Authority, which centralizes the country's energy investments to enhance resilience and profitability. OQEP's operations are aligned with Oman's national goals for energy security, economic diversification, and sustainable development.

Looking ahead, OQEP continues to focus on optimizing its asset base, enhancing production efficiency, and exploring new opportunities across Oman's hydrocarbon landscape. Its strategic importance, technical expertise, and government backing position it as a cornerstone of Oman's upstream energy future.

  • Chairman:
    Ashraf H. Al-Mamari
  • Vice-chairman:
    Abdulwahab A. Al-Hinai
  • CEO:
    Mahmoud A. Al-Hashmi
  • Board Members:

    Abdulwahab A. Al-Hinai

    Aflah M. Al-Lawati

    Ashraf H. Al-Mamari

    Intisaar H. Al-Kindi

    Khalid S. Al-Kamyani

    Suliman M. Al-Toubi

    Waleed R. Al-Shukaili

  • Auditors:

    KPMG

Chief Executive Commercial

Anwar Al-Kharusi

Chief Financial Officer (CFO)

Khalid N. A. Al-Qassabi

Chief Executive People

Said Al-Hashmi

Board Secretary

Ishaq Al-Mahrouqi

Chief Operating Officer

Eng. Jamal Al-Naamani
OQEP, Petronas sign deal to study offshore oil prospects (Muscat Daily - 09/11/2026)

OQ Exploration and Production (OQEP) and Malaysia's Petronas have joined hands to assess hydrocarbon ...

Read More ...

OQEP sets up $2bn sukuk programme to tap global markets (Muscat Daily - 16/10/2026)

Oman's upstream energy company OQ Exploration and Production (OQEP) has established a $2bn sukuk programme ...

Read More ...

OQEP signs strategic agreement with Kazakhstan's national oil company (Muscat Daily - 08/10/2026)

OQ Exploration and Production (OQEP) on Tuesday signed a strategic cooperation agreement with Kazakhstan's ...

Read More ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
14/07/2026 6-Month 30/06/2026 197 18.14
15/04/2026 3-Month 31/03/2026 72 -4.01
14/01/2026 12-Month 31/12/2025 293 -10.22
15/10/2025 9-Month 30/09/2025 237 -11.26
15/07/2025 6-Month 30/06/2025 167 -8.21
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
SAUDIARAMCO 1,651,020.8 26.02 1.64 -1.31 15.03 0 0 0 0 0
ADNOCGAS 70,822.99 3.44 1.47 -0.29 61.19 0 0 0 0 0
ADNOCDRILL 25,347.26 5.83 0.17 4.68 63.75 0 0 0 0 0
ADNOCDIST 13,303.78 3.9 -0.26 3.99 1.07 0 0 0.19 0 0
OQEP 9,125.25 0.44 0 12.82 11.43 0 0 0 0 0
BAHRI 6,878.45 34.96 0 10.28 2.93 1.54 0 0.89 4.56 10.09
PETRORABIGH 6,412.63 14.59 1.31 65.71 5.19 1.54 0 1.31 1.6 10.52
NMDCENR 3,348.06 2.54 3.25 0.41 11.48 0 0 0 0 0
ADES 2,527.52 8.71 3.69 -0.12 11.59 0 0 0 0 0
OQGN 2,469.88 0.22 0 15.79 18.03 0 0 0 0 0
ARABIANDRILLING 2,409.8 103.5 1.87 11.34 -49.58 0 0 0 0 0
DANA 1,561.4 0.82 0 -1.2 9.58 0.57 0 0.74 0.29 0
SSPW 643.4 0.26 0 36.84 10.88 2.64 0 0.41 3.19 11.61
ALFTAQA 475.82 256 0 0 18.39 0 0 0 0 0
IPG 459.7 776 0.12 27.05 13 0 5.05 0.16 2.06 0
NAPESCO 393.03 1,259 -5.06 -13.33 6.87 0 7.87 0.17 26.66 35.29
MHAS 243.27 1.36 0 34.65 10.65 1.86 0 0 3.58 9.18
OOMS 239.86 1.45 -3.98 88.75 6.96 1.13 0 -0.15 6.12 12.87
SARCO 198.28 49.9 0.6 -14.92 -17.95 1.93 0 1.13 -0.03 -0.04
SOMS 192.1 0.78 0 8.33 13.64 1.79 0 -0.03 13.92 33.32
ABAR 167.36 201 -0.5 -0.98 5.32 0 0 0.14 1.28 4.01
MRNA 141.82 7.55 1.34 -31.59 -46.04 0 0 0 0 0
SENERGY 130.4 200 0.5 57.94 63.19 0 0 0.29 -9.25 -14.12
VOES 46.11 0.19 0 100 13.01 0.49 0 0.31 7.81 14.41
ENERGYH 35.55 236 -1.26 -17.01 -13.41 0 0 0.38 -40.08 -60.29
NGCI 33.05 0.16 6.66 87.5 15.46 0.45 0 0.55 2.99 0