3. INTRODUCTION
Largest oil marketing company in Pakistan
Annual turnover of 6.8 billion $
Market share of 80% in Black oil
Market share of 59% in white oil
Winner of Karachi Stock Exchange top
companies award
First company to become member of world
economic forum
3700 retail outlets across Pakistan
Also forefront in humanitarian efforts
4. HISTORY
Came into being in mid 1970s
When Government combined three oil
marketing companies:
1. ESSO Eastern
2. Pakistan National Oil (PNO)
3. Dawood Petroleum
5. HISTORY KEY DATES
• January 1, 1974
The federal government took over the management of PNO (Pakistan National Oil) and DPL
(Dawood Petroleum Limited), renamed into POCL (Premier Oil Company Limited) under
marketing of Petroleum Products (Federal Control Act, 1974)
• June 6, 1974
The government incorporates “Petroleum Storage Development Corporation’ PSDC
• August 23, 1976
PSDC renamed to State Oil Company Limited (SOCL)
• September 15, 1976
The Government purchases ESSO undertakings, vests their control in SOCL
• December 30, 1976
The Government merges PNO and POCL into SOCL (State Oil Company Limited) and
renames it Pakistan State Oil Company Limited (PSO)
• 1999
The new vision program is launched with the new logo of PSO.
6. EVOLUTION
PSO is the only public sector entity in
Pakistan
Undergone many radical changes from 1999
to 2004
Emerged with new look and Market leader
with long term vision
Competing effectively with three foreign
multinational oil companies Shell,Total and
Caltex.
7. ASSOCIATED COMPANIES
Asia Petroleum Limited (APL)
Pak Grease Manufacturing
Company (Private) Limited
(PGMCL)
8. VISION OF PSO
To excel in delivering value to customers
as an innovative and dynamic energy
company that
gets to the future first.
9. MISSION OF PSO
We are committed to leadership in
energy market through competitive
advantage in providing the highest
quality petroleum products and services
to our customers.
10. COREVALUES OF PSO
Excellence
We believe that excellence in our core
activities emerges from a passion for
satisfying our customers' needs in terms
of total quality management. Our
foremost goal is to retain our corporate
leadership.
11. COREVALUES OF PSO
Cohesiveness
We endeavor to achieve higher
collective and individual goals
through team.This is inculcated
in the organization through
effective communication.
12. COREVALUES OF PSO
Respect
We are an Equal Opportunity Employer
attracting and recruiting the finest people
from around the country.We value
contribution of individuals and teams.
Individual contributions are recognized
through our reward and recognition
program.
13. COREVALUES OF PSO
Integrity
We uphold our values and Business Ethics
principles in every action and decision.
Professional and personal honesty, dedication
and commitment are the landmarks of our
success. Open and transparent business
practices are based on ethical values and
respect for employees, communities and the
environment.
14. COREVALUES OF PSO
Innovation
We are committed to continuous
improvement, both in New Product and
Processes as well as those existing
already.We encourage Creative Ideas
from all stakeholders.
15. COREVALUES OF PSO
Corporate Responsibility
We promote Health, Safety and
Environment culture both internally and
externally.We emphasize on Community
Development and aspire to make
society a better place to live in.
16.
17. Mr Sohail Wajahat H Siddiqui
CHAIRMAN, BOM, PSO
MS degree from King’s College London
First Pakistani to head Siemens Pakistan in history of company
Served as President of Overseas investors of chamber of commerce and
industries (OICC&I)
Also served as president of MAP (Management association of Pakistan)
Also served as a board member of Pakistan Steel, Karachi PortTrust and KASB
Bank
18. Mr NaeemYahya Mir
MD & CEO , PSO
MS degree from Heriott-Watt Uniersity , UK
Over 21 years of experience in leading national and multi-national oil companies
A multi-cultural leader with a strong track record of driving revenue growth and
profitability.
Also lifetime member of the Pakistan Engineering Council
Also member of the International Fuel Quality Center
19. Mr Jehangir Ali Shah
MD , PSO
Joined PSO in late 1980’s
He have an intimate knowledge of the inner workings of energy
sector
Appointed as acting managing director in April 2011
Currently holds this MD position
20. Mr Sabar Hussain
Director , PSO
M.Sc degree in engineering from Gubkin Institute of oil Moscow
Served in ministry of Petroleum and natural resources
He has been on the BOD of PARCO, PAPCO
Appointed as member of BOM, PSO, on December 3rd ,2009
21. Mr Hammayun Jogezai
Member, BOM, PSO
40 years of rich experience as a civil servant
Awarded Quaid-e-Azam police medal in 1987 and 2003
Served as city capital police officer(CCPO) Quetta , in 2009
Appointed as member of BOM, PSO, on December 3rd ,2009
22. Mr Malik Naseem Hussain Lawber
Member, BOM, PSO
30 years of experience as practicing lawyer
Executive member of several NGOs
Also work for Several organizations of World Bank and US AID
Appointed as member of BOM, PSO, on December 3rd ,2009
23. Mr Osman Saifullah Khan
Member, BOM, PSO
MBA from Stanford University
Engineering economics and Management from University of Oxford, Christchurch
Executive member of several NGOs
Currently CEO of Kohat textile mills and Saif textile mills
Also founder oand MD of Mediterranean textile Co, Egypt
Appointed as member of BOM, PSO, on December 3rd ,2009
24. Mr Shabbir Ahmed
Member, BOM, PSO
Served in different positions in Audit Department Of Pakistan,
ministry of petroleum and natural resources
Also served as executive vice president at Industrial
development band of Pakistan (IDBP)
He was also a member of Government working group
Appointed as member of BOM, PSO, on May 13th ,2011
25. Mr Wazir Ali Khoja
Member, BOM, PSO
Also Chairman/MD National InvestmentTrust (NIT)
Started his career from MCB in 1965 as manager
Holds the position of Governing Body of PCB
Appointed as member of BOM, PSO, on January 6th ,2001
27. •Registrar Office
THK Associates (Pvt.) Ltd.
Ground Floor, State Life Building No. 3
Dr. Ziauddin Ahmed Road, Karachi.
•Registered Office:
Pakistan State Oil Company Limited
PSO House
Khayaban-e-Iqbal, Clifton,
Karachi - 75600, Pakistan.
Website:
www.psopk.com
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30. TYPE OF COMPANY
Pakistan State oil is a public limited
company
The GOP holds nearly 54% of stake in
Pakistan state oil limited including
both:
direct holding of federal government
indirect holdings through GOP owned
institutions
It is considered as one of the most
successful mergers in the history of
Pakistan.
31. STOCK EXCHANGE LISTING
Listed company on Karachi and Lahore
Stock Exchange
KSE Listing date October 25, 1977
LSE Listing date 1979
The company has been the winner of
Karachi Stock Exchange top companies
award for many years
Member of World Economic Forum.
33. SHAREVALUE
The share value of Pakistan State Oil
was 246.97 Rs/ Share
Viewed April 2nd , 2012
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38. DIVIDENDS
Announced dividend payment
RATE 2.0 Rs / Share
From 6th Sept to 13th Sept , 2011
Two ways for shareholders to receive
dividends
1. Direct Deposit
2. Cheque
39. 2011 2010 2009 2008 2007
Total
Dividend
Declared
100% 80% 50% 235% 210%
DIVIDEND / SHARE DECLARED
OF LAST FIVE YEARS: