Mari Petroleum Becomes 7th Billion Dollar Company At PSX

Mari Petroleum Company Limited (PSX: MARI), the country’s leading oil & gas exploration firm, has joined the billion-dollar club at the Pakistan Stock Exchange (PSX).

“Mari Petroleum, Pakistan’s leading exploration firm, joins Billion Dollar club at Pakistan Stock Exchange (PSX),” CEO Topline Securities Mohammed Sohail said in a post on X.

Mari Petroluem, Pakistan leading exploration firm, joins Billion Dollar club at Pakistan Stock Exchange (PSX)

Besides Mari Petroleum, the six other companies having a billion-dollar-plus market value are Oil & Gas Development Company (PSX: OGDC), Colgate-Palmolive (Pakistan) Limited (PSX: COLG), Nestle Pakistan Limited (PSX: NESTLE), Meezan Bank Limited (PSX: MEBL), Pakistan Petroleum Limited (PSX: PPL), and Pakistan Tobacco Company Limited (PSX: PAKT).

Just five months ago, there were only two listed companies (OGDC and Nestle) with a market of more than $1 billion, Sohail added.