Attock Petroleum Limited

Attock Petroleum Limited
Company typePublic
PSX: APL
KSE 100 component
IndustryPetroleum
Founded1998; 27 years ago (1998)
FounderGhaith Pharaon
HeadquartersRawalpindi, Pakistan
ProductsLubricants, LPG, CNG
RevenueIncrease Rs. 487.718 billion (US$1.7 billion) (2023)
Decrease Rs. 18.407 billion (US$64 million) (2023)
Decrease Rs. 12.460 billion (US$43 million) (2023)
Total assetsIncrease Rs. 107.954 billion (US$370 million) (2023)
Total equityIncrease Rs. 45.219 billion (US$160 million) (2023)
OwnerPharaon Investment Group Limited (34.48%)
Attock Refinery Limited (21.88%)
Attock Petroleum Limited Employees Welfare Trust (7.04%)
Pakistan Oilfields Limited (7.02%)
Number of employees
451 (2023)
ParentAttock Oil Company
Websiteapl.com.pk
Footnotes / references
Financials as of 30 June 2023 [1]

Attock Petroleum Limited (Urdu pronunciation: [a.ˈʈʌk pə.ˈtroʊ.li.əm] ah-TUCK-puh-TROH-lee-uhm) is a Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company. It is based in Rawalpindi, Pakistan.[2][3][4]

History

Attock Petroleum started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018.[5][2]

In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75.[6][7]

It has filling stations in Federal Capital Territory, Khyber Pukhtunkwa, Kashmir, Gilgit Baltistan, Balochistan, Punjab and Sindh. It also provides CNG at selected stations. Other facilities include tire shop, mosques, and resting areas.[5][4]

The company also opened two filling stations in Jalalabad, making it the first Pakistani oil marketing company in Afghanistan.[5]

Products

  • Furnace oil
  • High speed diesel oil[2]
  • Light speed diesel oil
  • Premier motor gasoline[2]
  • Kerosene oil
  • Road paving asphalt[2]
  • Lubricants

See also

References

  1. ^ "Attock Petroleum Limited Annual Report 2023". Retrieved 29 August 2024.
  2. ^ a b c d e A look at Attock Petroleum Dawn, Published 2 December 2012, Retrieved 16 September 2020
  3. ^ "Attock Petroleum profit rises 38pc to Rs5.3bn". Dawn. 12 September 2017. Retrieved 16 September 2020.
  4. ^ a b "PSO, Attock Petroleum: Joint venture builds fuel storage at new airport (Islamabad)- The Express Tribune". 16 June 2017. Retrieved 16 September 2020.
  5. ^ a b c "Company Profile".
  6. ^ "Attock Petroleum oversubscribed 18 times". Brecorder. 8 February 2005.
  7. ^ Hussain, Dilawar (8 September 2014). "Attock's rising market share". DAWN.COM.

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