OMV Has Produced Figures Never Seen Before - The Share Price Is Rising
16 Articles
16 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…
The Austrian energy company delivered its strongest three-month performance in four years.
The Austrian oil, gas and chemical group OMV benefited from the high oil and gas prices and increased refinery margins on the world market in the third quarter. Operating profit before special items (CCS) adjusted for stock effects rose by 68 percent to 2.1 billion euros, the sub-state group announced on Thursday. The new OMV CEO Emma Delaney speaks in the APA interview [...]
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