OMV Has Produced Figures Never Seen Before - The Share Price Is Rising
14 Articles
14 Articles
OMV's adjusted operating profit jumped to a multi-year high in the latest quarter, driven by higher oil and gas prices and rising refining margins. The Austrian oil and gas company closed its strongest quarter since the end of 2022, and the favorable market environment has led it to revise up its investment plans and price expectations for the year.
In the third quarter of 2026, the Austrian oil, gas and chemical group OMV increased its operating profit by 68 percent compared to the previous year's period. Operating profit before special items (CCS) adjusted for stock effects amounted to around 2.1 billion euros.
The increase was mainly due to positive market effects of EUR 515 million.
OMV Petrom (SNP) achieved in the first 9 months of 2026 a net profit of 4.06 billion lei, increasing by 18% compared to that realized in the similar period of 9 months of 2025, that is to say of 3.43 billion lei, according to data published on Thursday on the Bucharest Stock Exchange website. About [...] Article Petrom, profit of 4.1 mld. of lei at 9 months – A T3 exception: the refining margin tripled – the tax on exceptional profits cost 266 m…
Reading Time: 2 minutesOMV Petrom recorded revenues from sales of 35.2 billion lei in the first nine months of 2026, increasing by 31% compared to the same period last year, and a net profit of 4.06 billion lei, with 18% higher. Against the background of financial results, the company increases its investment plan for this year ...
The net profit of the OMV Petrom Group increased by 18% in the first nine months of 2026, compared to the same interval last year, after it had fallen by 14% in the first half of the year, indicating a solid operational performance, in a volatile market context, as announced by the company's management, Thursday morning, in the information transmitted to shareholders and investors at the Bucharest Stock Exchange.
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