Germany's Deutsche Rohstoff Q1 net income jumps on Almonty stake sale

Deutsche Rohstoff AG

12/05/2026 06:41

Overview

Germany oil and gas producer's Q1 net income surged on one-time Almonty stake sale

Q1 revenue declined yr/yr due to lower investment, well workovers, and weaker early-year pricing

Company confirmed 2026 revenue and EBITDA guidance

Outlook

Company confirms 2026 revenue guidance of EUR 260-280 mln

Company maintains 2026 EBITDA guidance of EUR 290-310 mln

Result Drivers

ALMONTY STAKE SALE - Q1 net income boosted by approx. EUR 97 mln one-time gain from partial sale of Almonty Industries stake

LOWER PRODUCTION & PRICES - Q1 revenue declined yr/yr due to reduced investment activity in 2025, workover operations on existing wells, and weaker pricing environment until end-February

Company press release: ID:nEQ61P58za

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 43.90 mln
Q1 Net Income
EUR 103.40 mln
Q1 EBITDA
EUR 126 mln
Q1 Operating Cash Flow
EUR 28.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "strong buy."

Wall Street's median 12-month price target for Deutsche Rohstoff AG is €91.00, about 7.4% below its May 11 closing price of €98.30

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 13 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)