Petrom, OMV

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.
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
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. The Bucharest-listed company posted an adjusted operating profit of 955 million lei ($197.
OMV Petrom operating profit falls 57% due to lower prices and regulatory pressures
The Romanian oil-and-gas group OMV Petrom announced a 57% drop in its adjusted operating profit for the fourth quarter on Tuesday.
Upstream16h
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.
Reuters1mon
Exclusive: OMV's Romanian business agrees to supply gas to Germany, sources say
OMV Petrom said securing gas sales ahead of Neptun Deep's 2027 production was normal given the project's size. Production at the plateau will be about 8 bcm annually for about 10 years ...
Romania Insider6d
Court rejects Greenpeace's objection to environmental permit for Romania's Neptun Deep offshore gas project
The Bucharest Court of Appeal rejected on January 29 the request filed by Greenpeace on the environmental permit for the ...