Frequently Asked Questions

The Company “About OQEP”

For Investor Relations enquiries and additional information, please contact OQEP Investor Relations at ir@oqep.om or +968 2214 2208. Further information is available on the OQEP Investor Relations website.

OQEP publishes quarterly and annual financial results in accordance with applicable disclosure requirements, including the disclosure of initial quarterly results or Initial Unaudited Preliminary Financials within 15 days from the end of each quarter followed by a full set of financials statements accompanying notes and relevant reports and disclosures within 45 days from the end of each quarter on the MSX Portal and OQEP IR Site. The Company also holds investor earnings calls following its financial results.

OQEP’s latest announcements, financial results, investor presentations and other investor information are available on the OQEP Investor Relations page – Reports and Presentations section and through the Muscat Stock Exchange (MSX).

OQEP’s Financial Calendar is available on the Investor Relations website and provides key dates for financial results and other investor-related events.

Investor discussion presentations are available through OQEP’s Investor Relations Portal. Recordings may also be available on OQEP’s YouTube channel.

OQEP is Oman’s leading pure-play upstream oil and gas company. It is engaged in the exploration, development and production of oil and natural gas through a diversified portfolio of assets in Oman. OQEP works with leading international energy companies and supports Oman’s energy security and economic development.

How to Invest in OQEP

OQEP is listed on the Muscat Stock Exchange (MSX) under the trading symbol OQEP. The Company was listed on 28 October 2024.

OQEP’s MSX trading symbol is OQEP. The Company’s ISIN is OM0000009759. Other market identification codes are available through the MSX and OQEP Investor Relations Site – Share Information Page.

OQEP is classified within the Services Index on the Muscat Stock Exchange.

OQEP’s share price may be affected by a broad range of factors, including Company-specific developments, sector dynamics and local & international macro-economic conditions, and border market sentiment.

Investment and foreign ownership in OQEP are subject to applicable laws, regulations and MSX requirements in Oman. Investors must hold a national Investor Number (NIN) issued by Muscat Clearing & Depository (MCD) and trade through an FSA licensed broker.

In line with Oman Vision 2040’s focus on facilitating business and attracting foreign investment, MSX has removed foreign ownership limits for listed companies, providing for foreign ownership of up to 100%, subject to applicable framework. For OQEP foreign ownership is therefore subject to the prevailing MSX framework and any company specific or regulatory restrictions that may apply.

Investors are advised to confirm the applicable requirements with their licensed brokers before investing.

International investors can access OQEP shares through eligible brokers or financial institutions with access to the MSX, subject to applicable regulatory and foreign investment requirements.

Individual investors can buy or sell OQEP shares through a licensed broker or other approved MSX access channels. Investors must also have a Muscat Clearing & Depository (MCD) investor registration.

Shareholders can view their official shareholding and account information through MCD or their broker. MCD maintains the official shareholder registry and provides access to shareholder account information.

OQEP shares follow a T+3 settlement cycle, meaning transactions are settled three business days after the trade date, in accordance with the applicable MSX and MCD rules

Institutional investors and analysts can contact the OQEP Investor Relations team for information and investor engagement opportunities at ir@oqep.om or +968 2214 2208.

OQEP has delivered strong shareholder returns since its listing on the Muscat Stock Exchange in October 2024, supported by share price appreciation and dividend distributions.

As of H1 2026 (Period ended on 30 June 2026), OQEP delivered a total shareholder return (TSR) of approximately 52% over the preceding 12 months and approximately 28% year-to-date in H1 2026, compared with 8% and 20%, respectively, for the oil price over the corresponding periods. This reflects OQEP’s ability to generate shareholder value despite movements in the underlying commodity price.

Since its IPO at RO0.390 per share, OQEP’s share price has also appreciated, reaching RO0.478 as of 1 October 2026, representing approximately 23% share price appreciation, excluding dividends.

OQEP’s shareholder return proposition is further supported by its dividend policy.

Note: Performance figures are updated quarterly and at year end to reflect the latest available market data. Whereas, OQEP does not provide investment recommendations or guidance on whether investors should buy, hold or sell its shares. The Company’s investment case includes visible production growth, cash-flow generation, a disciplined capital allocation framework and a strong balance sheet.

The Dividends

Yes. OQEP provides shareholder returns through a base dividend which is paid quarterly to registered shareholders. In addition, and dependent upon Company performance, a Performance Linked Dividend (PLD) can be paid half yearly. The Company may also return value to shareholders through share buybacks.

The current dividend framework applies through 2026. For further information, please visit OQEP’s Dividend Policy and Dividend page for the latest information.

The current base dividend of US$600 million per year remains in place for the financial year 2026. The new framework for 2027 onwards is expected to be announced in Q4 2026.

For the financial year 2027, shareholder distributions are expected to be linked more directly to the Company’s cash flow generation (FCF*), with the objective to make the relationship between OQEP’s cash generation and shareholder distributions more transparent.

*The definition of FCF used by OQEP: FCF(Free Cash Flow ) = CFFO (Cash Flow From Operating activities) – CAPEX (Capital Expenditure).

Dividends are paid in cash through Muscat Clearing & Depository (MCD) to the bank account linked to the shareholder’s MCD investor profile. Shareholders should ensure their MCD and bank details are accurate and up to date.

Dividend eligibility and payment dates are announced by OQEP through official channels. Shareholders should refer to OQEP’s Dividend page and MSX announcements for the latest information.

Dividend payments are processed through MCD, which acts as the payment agent and distributes dividend payments electronically to investors’ registered bank accounts.

If you have not received your dividend, please contact MCD to check the status of your payment and ensure that your registered bank details are correct. You may also contact your broker for assistance.

Yes. International shareholders can receive dividends provided their MCD and bank details are correct and their bank is able to receive the relevant payment.

Sustainability

OQEP’s Sustainability Strategy integrates sustainability considerations into its operations, investments and corporate strategy. It supports Oman Vision 2040 and focuses on environmental responsibility, climate action, operational efficiency, social development and responsible governance.

OQEP aims to achieve net-zero Scope 1 and Scope 2 emissions by 2050, with an interim target of reducing absolute greenhouse gas emissions by 25% by 2030 against a 2021 baseline.