{"id":2057,"date":"2025-07-24T17:09:00","date_gmt":"2025-07-24T13:09:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/oqep-share-buyback-enhances-value\/"},"modified":"2025-07-24T22:25:29","modified_gmt":"2025-07-24T18:25:29","slug":"oqep-share-buyback-enhances-value","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/oqep-share-buyback-enhances-value\/","title":{"rendered":"OQEP&#8217;s New Share Buyback Plan: Boosting Shareholder Value and What It Means for Investors in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitv3sog-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitv3sog-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitv3sog-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitv3sogw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitv3soga{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitv3soga:hover{border-color:#dc262688}\r\n.hitv3sogg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT: OQ Exploration &#038; Production SAOG (OQEP), the majority state-owned upstream energy subsidiary of OQ Group, has announced a strategic plan to repurchase between 45 and 60 million of its shares listed on the Muscat Stock Exchange (MSX). This move highlights the company\u2019s strong financial position and confidence in its long-term market value.<\/p>\n<p>The announcement, made in a filing to the MSX on July 24, 2025, stated that the proposed buyback period will extend from August 9, 2025, to February 9, 2026, or until the targeted number of shares is acquired. The repurchase price will be determined based on prevailing market trends.<\/p>\n<p>Jaber bin Rashid Al Naamani, Chief Financial Officer of OQEP, described the buyback as a strategic initiative aimed at reinforcing positive market momentum and boosting shareholder confidence in the company\u2019s stock and operational performance. He added that the buyback is expected to positively influence the share price and market perception while providing greater flexibility in capital management and enhancing shareholder returns. According to him, this initiative empowers the company to bolster market confidence and deliver long-term value to shareholders.<\/p>\n<p>Market analysts noted that although the buyback represents a modest 0.6\u20130.8% of the company\u2019s total outstanding shares, it is expected to support key financial metrics such as Earnings Per Share (EPS), Return on Equity (ROE), and other valuation indicators. The programme also signals management\u2019s belief that the current trading price, approximately RO 0.35 per share, is attractive relative to the company\u2019s internal valuation.<\/p>\n<p>The share repurchase announcement follows OQEP\u2019s solid first-quarter 2025 earnings report. The company recorded revenues of RO 205.5 million, slightly down from RO 209.5 million during the same period last year. Gross profit stood at RO 75.5 million, compared to RO 78.8 million in Q1 2024. Despite these slight declines, EBITDA increased marginally to RO 152.7 million from RO 151.1 million a year earlier. Net profit for Q1 2025 was RO 74.9 million, down from RO 82.2 million in Q1 2024.<\/p>\n<p>Excluding results from the discontinued operation, Abraj Energy Services SAOG, net profit remained steady at RO 74.9 million, despite increased financing costs due to refinancing a subordinated loan with two new credit facilities totaling USD 1 billion. Return on Capital Employed (ROCE) improved to 22%, while capital expenditures were reduced to RO 57.4 million compared to Q1 2024. Adjusted cash flow from operations, excluding working capital changes, was RO 141.8 million.<\/p>\n<p>OQEP has reaffirmed its commitment to shareholder value, with planned dividend distributions totaling RO 230.7 million (USD 600 million) across 2025 and 2026, including both base and performance-linked dividends.<\/p>\n<p>As Oman\u2019s largest pure-play oil and gas exploration and production company, OQEP oversees a high-quality portfolio of 15 upstream oil and gas assets across the Sultanate. These assets include those in development, production, appraisal, and exploration phases, with nine currently producing. OQEP operates these assets either directly, as a joint venture partner, or as a non-operator. By the end of Q1 2025, the company\u2019s oil and gas production averaged 221,200 barrels of oil equivalent per day (boepd).<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes hitl8gak-glow{0%,100%{opacity:0.6}50%{opacity:1}}\r\n@keyframes hitl8gak-badge{from{opacity:0;transform:scale(0.8)}to{opacity:1;transform:scale(1)}}\r\n<\/style><style>\r\n.hitl8gakw{container-type:inline-size;width:100%;max-width:970px;margin:0 auto;box-sizing:border-box}\r\n.hitl8gaka{display:flex;flex-direction:row;align-items:center;justify-content:space-between;width:100%;box-sizing:border-box;text-decoration:none;color:#fff;font-family:-apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,system-ui,sans-serif;position:relative;overflow:hidden;cursor:pointer;background:linear-gradient(135deg,#111118 0%,#080808 100%);border:1.5px solid rgba(255,255,255,0.08);border-radius:14px;gap:20px;padding:20px 40px;transition:border-color .2s}\r\n.hitl8gaka:hover{border-color:#dc262688}\r\n.hitl8gakg1{position:absolute;inset:0;background:radial-gradient(ellipse at 50% 0%,rgba(220,38,38,0.35),transparent 65%);pointer-events:none;z-index:0}\r\n.hitl8gakg2{position:absolute;bottom:0;left:0;right:0;height:45%;background:radial-gradient(ellipse at 50% 100%,rgba(220,38,38,0.15),transparent 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>OQEP&#8217;s planned share buyback signals <strong>strong financial health and management confidence<\/strong> in its long-term value, presenting a <strong>potential upside for investors through enhanced share price stability and improved key financial metrics<\/strong>. For businesses and entrepreneurs, this move underscores a <strong>resilient energy sector with promising capital returns<\/strong>, suggesting opportunities in upstream oil and gas ventures amid steady production and strategic capital management. Smart investors should consider <strong>OQEP\u2019s solid dividend plans and operational efficiency as indicators of reliable returns in a stable yet evolving market environment in Oman.<\/strong><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OQ Exploration &#038; Production SAOG (OQEP) plans to repurchase 45-60 million shares on the Muscat Stock Exchange between Aug 9, 2025, and Feb 9, 2026, enhancing shareholder value. Despite a slight dip in Q1 earnings, EBITDA and ROCE remain strong, affirming financial confidence.<\/p>\n","protected":false},"author":5,"featured_media":2058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[443,520,521],"class_list":["post-2057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-oil-and-gas","tag-oqep","tag-share-buyback"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2025\/07\/3080325.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=2057"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2057\/revisions"}],"predecessor-version":[{"id":2059,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/2057\/revisions\/2059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/2058"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=2057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=2057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=2057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}