Mari Energies Ltd - Company Profile
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Mari Energies Ltd (Mari Energies), formerly Mari Petroleum Co Ltd, operating in the exploration and production company. It carries out exploration and production of crude oil, natural gas, condensate and liquefied petroleum gas (LPG). The company’s activities include drilling, field development, production, and distribution of hydrocarbons. Mari Energies also provides services such as seismic data acquisition, seismic data processing, drilling rigs, and allied services. It supplies gas to fertiliser manufacturers, power generation, and gas distribution companies. The company owns and operates one of largest gas reservoirs at Mari field in Sindh. It also has operations in exploration blocks such as Sujawal, Karak, Ghauri, Sukkur, Ziarat, Harnai, Peshawar East, and Bannu West. Mari Energies is headquartered in Islamabad, Pakistan.
Headquarters
Pakistan
Address
21, Mauve Area, 3rd Road, G-10/4, Islamabad, 44000
Website
www.marienergies.com.pk
Telephone
92 511 11410
No of Employees
1,760
Industry
Energy and Utilities
Ticker Symbol & Exchange
MARI (PSX)
Revenue (2025)
$637.3M
-2.6%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-15.4%
(2025 vs 2024)
Market Cap*
$2.8B
Net Profit Margin (2025)
XYZ
-13.2%
(2025 vs 2024)
* As of and is in US$
Mari Energies Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| - | - |
| Liquefied Petroleum Gas | Drilling and Mud Logging Services |
| Natural Gas | 2D/3D Seismic Data Acquisition |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Oil/Gas Discovery | In March, the company announced a gas discovery from the Shams-1 exploratory well, drilled in Mari D&PL, in Ghotki, Sindh, Pakistan. |
| 2026 | Oil/Gas Discovery | In January, the company announced a gas discovery at the Tibri-1 exploratory well, drilled in the Kalchas South Block in Dera Bugti, Balochistan, Pakistan. |
| 2025 | Others | In November, the company and its partners were provisionally awarded exploration rights for eight offshore blocks in Pakistan. |
Competitor Comparison
| Key Parameters | Mari Energies Ltd | Oil & Gas Development Co Ltd | Pakistan Petroleum Ltd | Pakistan Oilfields Ltd | United Energy Pakistan Ltd |
|---|---|---|---|---|---|
| Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
| City | Islamabad | Islamabad | Karachi | Rawalpindi | Karachi |
| State/Province | - | Sindh | Sindh | - | Sindh |
| No. of Employees | 1,760 | 10,303 | 2,488 | 663 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Faheem Haider | Chief Executive Officer; Managing Director | Executive Board | 2020 | - |
| Nabeel Rasheed | Chief Financial Officer | Senior Management | - | - |
| Fauzia Ahmad | Chief Human Resources Officer | Senior Management | - | - |
| Adeel Ahmed | Chief Internal Audit | Senior Management | - | - |
| Anwar Ali Hyder | Chairman | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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