Pakistan Stock Exchange (PSX) · Pakistan · Updated after 27 Oct 2026 close

Mari Energies Ltd.

MARI · Pakistan Stock Exchange (PSX) · prices in PKR

PKR 634.03▼ -1.14 (0.18%)

Research report Historical data

About Mari Energies Ltd.

Mari Energies Limited is an oil and gas exploration company that explores for, produces and sells hydrocarbons. Beyond that core activity, it offers services connected to exploration and production, and it takes part in ventures tied to mineral mining and technology businesses. Hydrocarbons are naturally occurring compounds such as oil and natural gas that are found underground and are recovered through drilling and used as fuels and raw materials.

Mari Energies Ltd. trades under the code MARI on the Pakistan Stock Exchange (PSX), with its price quoted in Pakistani rupees (PKR). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Market X-Ray · price-based

Strong price profile

Ranks #48 of 542 on the Pakistan Stock Exchange (PSX) · confidence High

What this score is, and is not

It describes how this stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is. That fundamental X-Ray needs financial statements, which we do not have for Pakistan yet.

TrendFair

68/100

Mixed trend against its averages.

See the numbers →

Above 200-day average-1.0%

From 52-week high-14.4%

MomentumFair

58/100

Typical recent returns for this exchange.

See the numbers →

3-month return-0.2%

6-month return0.3%

12-month, skipping last month-8.4%

Stability (higher is calmer)Strong

87/100

Calmer than most: low volatility and shallow drawdowns.

See the numbers →

Volatility, 1 year (lower is calmer)25.2%

Worst drawdown, 1 year (smaller is calmer)-25.4%

LiquidityStrong

95/100

Trades actively.

See the numbers →

Avg daily value traded345.21M PKR

Zero-volume days0.0%

IncomeFair

50/100

Dividend is typical for this exchange.

See the numbers →

Dividend yield4.3%

Years with dividends5

Price-based X-Ray. The fundamental X-Ray (financial health, valuation, growth, fair value) is available for US stocks today. It will follow for Pakistan when fundamentals data for this market is added. All Pakistan stocks.

Price trend

Below its 200-day average

Versus its 50- and 200-day averages

52-week range

544.56 – 755.00

Price is 43% of the way up

Returns

−0.2% 3m · −9.2% 1y

Price returns, dividends not included

RSI (14)

Neutral zone

Fair value estimate · limited data

PKR 723.24range of models 660.57 – 754.62

Fair +14.1% to fair value

Average of the 3 valuation models that pass our checks. Undervalued or Overvalued means the gap to fair value is more than 17.5%. Model uncertainty is High.

PSX income statement only (no balance sheet or cash flow): only earnings and sales models can be built. Their weights were fitted to a professional consensus-style valuation of Pakistani stocks and checked on stocks that were not used for the fit, but they use no analyst forecasts. Treat this as a rough estimate.

P/E multiple

PKR 754.53

P/S multiple

PKR 660.57

P/E on average earnings

PKR 754.62

Each model multiplies the company's trailing-twelve-month earnings (or sales) by a multiple that blends its own current multiple, its own history and its sector median. Earnings per share by fiscal year, newest first: 72.52, 54.25, 64.37, 420.75. Source: statements and price from the Pakistan Stock Exchange portal and end-of-day data. A model estimate, not a price target or advice. How it works.

Factor ratings for MARI

Each factor is rated by where MARI stands among the 4 stocks of its PSX sector (Oil & Gas Exploration Companies; all PSX stocks when the sector is too small for a fair comparison).

Rating against the group

Goodthe top third of these stocks

Averagethe middle third of these stocks

Badthe bottom third of these stocks

"Beats" is the share of those stocks it is ahead of.

Against its own history

The last columns set the latest year's profit margin against the company's own three earlier years:

▲ Betterbetter than its usual level

▼ Worseworse than its usual level

≈ In linewithin its usual range

For valuation factors Good means cheaper than most of the group, which is not the same as a bargain.

In total: 4 Good · 6 Average · 2 Bad of 12 Growth: 0 · 3 · 1 Profitability: 1 · 0 · 0 Valuation: 0 · 1 · 1 Price risk and momentum: 2 · 1 · 0 Liquidity: 1 · 1 · 0

Factor	MARI	Rating	Group median	Own earlier years	Against own history
Growth
Sales growth, last financial year	+8.2%	Average beats 53%	+7.1%	–	–
Sales growth, 3 years a year	+9.6%	Average beats 57%	+7.4%	–	–
Profit growth, last financial year	+33.7%	Average beats 66%	+8.0%	–	–
EPS growth, 3 years a year	−44.3%	Bad beats 6%	+9.3%	–	–
Profitability
Net profit margin	45.4%	Good beats 95%	3.8%	38.5%	▲ Better
Valuation
P/E ratio (last 12 months)	8.7x	Average beats 52%	9.1x	–	–
Price / sales	4.0x	Bad beats 13%	0.7x	–	–
Price risk and momentum
Volatility, 1 year	25.2%	Good beats 96%	51.2%	–	–
Worst drawdown, 1 year	−25.4%	Good beats 91%	−42.4%	–	–
12-month return, skipping the last month	−8.4%	Average beats 42%	−3.6%	–	–
Liquidity
Average daily value traded	PKR 345.2M	Good beats 96%	PKR 5.1M	–	–
Days with no trading	0.0%	Average beats 51%	0.0%	–	–

Built from the income-statement summary the Pakistan Stock Exchange publishes (sales, profit and EPS for up to four financial years, trailing P/E, market value) and our own end-of-day prices. The PSX portal has no balance sheet or cash flow, so there are no debt, cash-flow or book-value factors. A factor is left out when its data is missing or meaningless (for example a P/E on a loss). These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the Market X-Ray.

Price chart

Interactive chart Historical data & CSV

52-wk range 544.56 – 755.00 Daily closes, split-adjusted

Signals

50-day average637.39

200-day average640.53

Golden/death cross (60d)None

New 52-week highNo

Bullish RSI divergenceNo

Average daily range (ATR)9.45

Technical summary

Daily

Bearish

3 bullish · 4 neutral · 9 bearish

Weekly

Bearish

4 bullish · 1 neutral · 7 bearish

Monthly

Bullish

5 bullish · 1 neutral · 2 bearish

Moving averages (daily)

SMA 10	631.9	Bullish
EMA 10	632.8	Bullish
SMA 20	634.2	Bearish
EMA 20	633.8	Bullish
SMA 50	637.4	Bearish
EMA 50	636.3	Bearish
SMA 100	640.5	Bearish
EMA 100	638.0	Bearish
SMA 200	640.5	Bearish
EMA 200	635.8	Bearish

Oscillators (daily)

RSI (14)	49.61	Neutral
MACD (12, 26)	-1.41	Bearish
Momentum (12)	-0.81	Bearish
Stochastic %K (14)	51.78	Neutral
Williams %R (14)	-48.22	Neutral
CCI (20)	17.45	Neutral

Pivot points (classic, last session)

624.0

628.2

631.1

Pivot

635.3

638.2

642.3

645.3

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

27.00 PKR

Yield on today's price

4.26%

Frequency

Semi-annual

Next ex-dividend date

Not announced

Tap a dividend date to compare the dividend yield on that day with today's.

Ex-dividend date	Amount per share
	18.7000
This payment: 18.7000 PKR per share, ex-dividend 21 Sep 2026. On 21 Sep 2026 4.25% Share price that day 635.95 PKR. Dividends in the 12 months up to that day: 27.00 PKR (18.70 + 8.30). Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	8.3000
This payment: 8.3000 PKR per share, ex-dividend 30 Jan 2026. On 30 Jan 2026 4.22% Share price that day 710.07 PKR. Dividends in the 12 months up to that day: 30.00 PKR (8.30 + 21.70). Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	21.7000
This payment: 21.7000 PKR per share, ex-dividend 18 Sep 2025. On 18 Sep 2025 3.23% Share price that day 672.50 PKR. Dividends in the 12 months up to that day: 21.70 PKR. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	1,206.0000
This payment: 1,206.0000 PKR per share, ex-dividend 16 Sep 2024. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	882.0000
This payment: 882.0000 PKR per share, ex-dividend 2 Feb 2024. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	522.0000
This payment: 522.0000 PKR per share, ex-dividend 18 Sep 2023. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	801.0000
This payment: 801.0000 PKR per share, ex-dividend 2 Feb 2023. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	558.0000
This payment: 558.0000 PKR per share, ex-dividend 20 Sep 2022. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	558.0000
This payment: 558.0000 PKR per share, ex-dividend 2 Feb 2022. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	675.0000
This payment: 675.0000 PKR per share, ex-dividend 15 Oct 2021. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	540.0000
This payment: 540.0000 PKR per share, ex-dividend 29 Apr 2021. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	486.0000
This payment: 486.0000 PKR per share, ex-dividend 10 Mar 2021. Today, latest close 27 Oct 2026 4.26% Share price 634.03 PKR. Dividends in the last 12 months: 27.00 PKR (18.70 + 8.30). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.

Ex-dividend dates and amounts from our market-data provider. Shown as declared, before tax. For Pakistani companies a future date appears only once our data provider lists it as declared; the exchange's own list of book closures is on dps.psx.com.pk/payouts.

Prices are end-of-day closes in PKR. Educational only, not financial advice.