5 Biggest Companies in Pakistan by Market Cap

3. Mari Petroleum Company Limited

Current Market Cap: $750 million

Pakistan relies heavily on oil and gas imports to fulfill its energy requirements. The advancement of domestic oil and gas resources is crucial for the economic development of the country. MPCL has played an essential role in exploring and producing oil and gas, which has reduced the country’s dependence on foreign energy sources.

The company has invested in enhancing its infrastructure, such as pipelines and processing facilities, to increase productivity and decrease expenditures. As a result, the profitability of the company has improved, and it has generated revenue for the nation. MPCL’s significance is not only limited to the economy, but it is also a significant source of employment, creating jobs for numerous individuals directly and indirectly.

MPCL has invested in the progression and education of its workers, thereby creating a valuable workforce that contributes to the country’s economic growth. The company’s market cap is $750 million as of 2023.