OQEP announces financial results for the nine months ended 30 September 2026

Detailed summary

Strong operational performance, higher realized oil price and cost discipline drive higher Revenue, EBITDA and Net Profit ...

Muscat, Oman – OQ Exploration and Production SAOG ('OQEP' or the 'Company') (MSX: OQEP.OM) announced its financial results for the nine months ended 30 September 2026. OQEP maintained strong operational momentum during the period, underpinned by robust production effective cost management and higher realized oil price resulting in improved financial performance. The Company also continued to strengthen its portfolio and progress key strategic investments in line with its long-term growth ambitions.

1Net operating cash flow before working capital; 2Using Annualized EBITDA, Net Debt representing Debt minus Cash. Cash includes term deposits. A lower Net Debt/EBITDA ratio reflects an improvement; 3Using Annualized Operating Profit

Key financial highlights for the first nine months of 2026, compared with the same period in 2025:

OQEP delivered a total shareholder return (TSR) of 40%4 in the first nine months of 2026, reflecting its commitment to creating value for shareholders. The Board of Directors and as delegated by the Shareholders has approved:

OQEP’s nine months 2026 results documents can be found on OQEP’s Investor Relations page at https://oqep.om/ir.html

OQEP’s nine months 2026 results Investor Call will be held on 17th of November at 2 – 3 pm Oman time. A recording of the call will be posted afterwards on OQEPs Official Channels.

OQ Exploration and Production SAOG (“OQEP” or “the Company”) is an oil and gas exploration and production company engaged in the exploration, development and extraction of

The Company was listed on the Muscat Stock Exchange on 28 October 2024 and operates as a public joint stock company (SYMBOL: OQEP.OM).

For enquiries and additional information, please email our Investor Relations team at ir@oqep.om or visit OQEP IR Site on https://oqep.om/

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