OMV, Petrom

OMV Petrom's operating profit slumps 57% on weaker prices, regulatory pressures
Romanian oil and gas group OMV Petrom reported a 57% slump in its fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations.
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.
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.
Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure
(Reuters) -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 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.
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 ...
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 ...
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 ...
Should Value Investors Buy OMV (OMVKY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest ...
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 ...
Upstream3h
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 ...
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.
Paul Tan13d
OMV/402 revision to cause 10-30% price increase of CKD cars, job losses, closure of factories – MACPMA
The Malaysia Automotive Component Parts Manufacturers (MACPMA) has shared its viewpoint on the OMV/402 matter. In an official ...
OMV sees limited impact from US tariffs, CFO says
OMV faces impacts from U.S. tariffs in certain areas, though its exposure in North America is relatively low, CFO Reinhard ...