Brief: OMV Petrom Q2 Net Result Turns To Profit Of 1.23 Billion Lei

OMV Petrom SA

31/07/2024 06:06

July 31 (Reuters) - OMV Petrom  ROSNP.BX :
    * Q2 NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS AT 1.23 BILLION
LEI
VERSUS LOSS OF 0.5 BILLION LEI YEAR AGO
    * Q2 CLEAN CCS OPERATING RESULT OF 1.38 BILLION LEI VERSUS
1.61
BILLION LEI YEAR AGO
    * Q2 GAS SALES VOLUMES DOWN AT 7.75 TWH
    * FOR FY 2024 SEES THE AVERAGE BRENT OIL PRICE TO BE AROUND
$85/BBL VERSUS $82.6/BBL IN 2023
    * FOR FY 2024 SEES REFINING MARGIN AT $10/BBL VERSUS $14/BBL
IN
2023
    * SEES DEMAND FOR RETAIL FUELS AND POWER IN ROMANIA IN 2024
ABOVE
THE 2023 LEVELS WHILE GAS DEMAND TO BE STABLE YOY
    * SEES TOTAL GAS SALES VOLUMES IN 2024 LOWER YOY
    * SEES NET ELECTRICAL OUTPUT IN 2024 HIGHER YOY
    * SEES ORGANIC CAPEX FOR FY 2024 AT UP TO 6.5 BILLION LEI


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