OMV

Resilient downstream amid price- and volume-driven upstream weakness

04/02/26 -"Les opérations du T4 sont legèrement inférieures aux attentes, avec un résultat opérationnel ajusté (en coût courant d’approvisionnement) de €1,15bn (-9% QoQ), pénalisé par l’Energy (€586m, -6% QoQ), ..."

PDF page sample
Pages
76
Language
English
Published on
04/02/26
Download
You may also be interested by these reports :
04/02/26
Les opérations du T4 sont legèrement inférieures aux attentes, avec un résultat opérationnel ajusté (en coût courant d’approvisionnement) de €1,15bn ...
04/02/26
Our EPS has increased slightly, as the addition of 2028 to the model provides marginal support to the valuation, despite a downward revision to our ...
04/02/26
Q4 results came in weaker QoQ despite solid execution. Group production increased to 2.20 mboepd (+3% QoQ), but higher volumes were insufficient to ...
03/02/26
Galp has announced a non-binding agreement with Moeve to combine all downstream and midstream activities into 2 JVs, effectively ending its ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO