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OMV, Petrom
OMV’s Net Profit Rises Despite Weak Refining Margins
The Austrian oil-and-gas company said The company said its refining margin fell to $5.9 a barrel, compared with $9.9 a barrel a year ago.
Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure
Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations.
OMV Petrom profit up 4% to EUR 840 mln despite lower revenues in 2024
OMV Petrom Group (BVB: SNP) reported a net profit of RON 4.2 billion for 2024, up 4% from RON 4 billion the previous year, according to preliminary unaudited consolidated data announced by the company on February 4.
OMV Petrom's 2024 profit edges up in absence of solidarity tax
OMV Petrom's consolidated adjusted current cost of supplies (CCS) operating result declined by 32% to 5.729 billion lei in 2024, mainly due to weaker commodity prices and the impact of gas and power regulations.
OMV Petrom's operating profit slumps 57% on weaker prices, regulatory pressures
The Bucharest-listed company posted an adjusted operating profit of 955 million lei ($197.61 million), down from 2.24 billion lei a year earlier. OMV Petrom, majority-owned by Austria's OMV, reported weaker performance across all segments for the quarter,
OMV Petrom reports 57% decline in quarterly profit
The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.
2d
on MSN
OMV CEO says tariff situation is ‘rather volatile’
OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the ...
2d
Austria's OMV posts FY profit in line with view helped by chemicals segment
Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...
2h
Top Dividend Stocks To Watch In February 2025
As global markets navigate a turbulent start to 2025, with U.S. stocks experiencing volatility due to AI competition fears and mixed corporate earnings, investors are keenly observing the Federal ...
23h
Kepler Capital Remains a Hold on OMV AG (OMV)
Kepler Capital analyst Bertrand Hodee maintained a Hold rating on OMV AG (OMV – Research Report) on February 4 and set a price target of ...
2d
Without paying Gazprom, Austria's OMV dramatically improved operating income
In the fourth quarter of 2024, the Austrian OMV sharply improved its net operating income, as it did not pay for part of the ...
1d
OMV Petrom SA (BSE:SNP) Full Year 2024 Earnings Call Highlights: Navigating Challenges with ...
Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.
Upstream
21h
Black Sea offshore gas field a step closer to development drilling
Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...
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