RAPORT ANALIST March 07, 2018
Data primei distribuții către public: Mar 07, 2018

OMV Petrom 4Q17 Earnings Review

As anticipated, the local oil & gas producer’s profitability skyrocketed in 4Q17 with both Upstream and Downstream showcasing improved operating performance supported by higher realized commodity prices and enhanced demand for energy products. Upstream – benefiting from higher realized commodity prices Downstream Oil – EBIT recovering in spite of flat sales figure Downstream Gas – power business propels EBIT, yet figures are still below expectations Dividend policy: DPS RON 0.02, payout 45%, DIVY 6.6% Management outlook for 2018
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