Pso Project
Research & Analysis Report On Pakistan State Oil By: S.M. Talha Pasha
ACCA Registration: 1056730
March 2008
Mentor: Mr. Burhan Uddin Ahmed
Contents Research & Analysis Report On Pakistan State Oil 1
Introduction
The topic selected for the purpose of this Report is “PAKISTAN STATE OIL”.
There have also been several other reasons, which have encouraged me to choose this particular topic, which vary from a professional outlook to personal interests. This topic relates to acquiring, analysing and interpreting data pertaining to an actual organization, which is gathered from multiple sources primarily comprising of an organization’s financial statements through the calculation of financial ratios.
On the personal front it has always been my hobby to get the basic knowledge and structure of working of various companies
THE COMPANY:
The organisation selected for the project is “Pakistan State Oil”; formerly “State Oil Company Limited (SOCL)” PSO is the largest oil marketing company in Pakistan having a market share of 59% of white oil products and 80% in black oil products. It has ISO 9000:2000 certification. It is engaged in the import, storage, distribution and marketing of various POL (petroleum, oil and lubricants) products including Mogas, HSD, fuel oil, jet fuel, kerosene, LPG, CNG and petro-chemicals. Pakistan State Oil has been meeting the country’s fuel needs by merging sound business sense with national obligation. Pakistan State Oil is the first Pakistani Public sector Company to become a member of World Economic Forum (WEF). PSO is the winner of Karachi Stock Exchange top companies award for several years. (www.psopk.com )
The company has market capitalization approximately of Pak. Rs.67 billion. It is the winner of ‘Most Preferred Local Company Award’ at the PSHRM graduate employer awards 2007. In order to maintain quality standards PSO has
ACCA Registration: 1056730
March 2008
Mentor: Mr. Burhan Uddin Ahmed
Contents Research & Analysis Report On Pakistan State Oil 1
Introduction
The topic selected for the purpose of this Report is “PAKISTAN STATE OIL”.
There have also been several other reasons, which have encouraged me to choose this particular topic, which vary from a professional outlook to personal interests. This topic relates to acquiring, analysing and interpreting data pertaining to an actual organization, which is gathered from multiple sources primarily comprising of an organization’s financial statements through the calculation of financial ratios.
On the personal front it has always been my hobby to get the basic knowledge and structure of working of various companies
THE COMPANY:
The organisation selected for the project is “Pakistan State Oil”; formerly “State Oil Company Limited (SOCL)” PSO is the largest oil marketing company in Pakistan having a market share of 59% of white oil products and 80% in black oil products. It has ISO 9000:2000 certification. It is engaged in the import, storage, distribution and marketing of various POL (petroleum, oil and lubricants) products including Mogas, HSD, fuel oil, jet fuel, kerosene, LPG, CNG and petro-chemicals. Pakistan State Oil has been meeting the country’s fuel needs by merging sound business sense with national obligation. Pakistan State Oil is the first Pakistani Public sector Company to become a member of World Economic Forum (WEF). PSO is the winner of Karachi Stock Exchange top companies award for several years. (www.psopk.com )
The company has market capitalization approximately of Pak. Rs.67 billion. It is the winner of ‘Most Preferred Local Company Award’ at the PSHRM graduate employer awards 2007. In order to maintain quality standards PSO has
Bibliography: • Annual Report (2005), Pakistan State Oil. • Annual Report (2006), Pakistan State Oil Co. Ltd. • Annual Report (2007), Pakistan State Oil. • Ministry of Petroleum Government of Pakistan. http://www.mpnr.gov.pk • Oil Companies Advisory Committee, PSO. http://www.ocac.org.pk/pso.html http://www.google.com • http://www.wikipedia.org • http://www.yahoo.com