REG - OMV Petrom S.A. - Q3/19 Trading Update Key Performance Indicators

OMV Petrom SAAnnouncement

09/10/2019 07:05

RNS Number : 2573P
OMV Petrom S.A.
09 October 2019
 


 
OMV Petrom S.A.
Investor News
October 9, 2019 / 9:00am (local time), 8:00am (CEST), 7:00am (BST)
 
Q3/19 Trading Update Key Performance Indicators
 
This trading update provides basic provisional information on the economic environment as well as OMV Petrom Group's key performance indicators for the quarter ended September 30, 2019. The OMV Petrom Group's results for Q3/19 will be published on October 30, 2019. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.
 
 




Economic environment


 Q3/18


 Q4/18


 Q1/19


 Q2/19


 Q3/19




 Average Brent price (USD/bbl)


75.16


68.81


63.13


68.86


62.00
 




 Average Urals price (USD/bbl)


74.16


68.33


63.42


68.82


61.95




 Average USD/RON FX-rate


3.995


4.083


4.169


4.225


4.255




 Average EUR/RON FX-rate


4.647


4.660


4.735


4.748


4.732




 Source: Reuters/Platts, NBR
 


 


 


 


 


 




 Upstream


Q3/18


Q4/18


Q1/19


Q2/19


Q3/19




 Total hydrocarbon production (kboe/d)


160


156


153


151


150




   thereof crude oil and NGL production (kboe/d)


74


72


71


72


71




   thereof natural gas production (kboe/d)


87


84


82


79


79




 Total hydrocarbon sales volume (mn boe)


13.7


13.3


12.8


13.0


13.1




 Average realized crude price (USD/bbl)


66.35


59.71


55.66


60.26


53.99




 


 


 


 


 


 




 Downstream Oil


Q3/18


Q4/18


Q1/19


Q2/19


Q3/19




 Indicator refining margin (USD/bbl)*


6.62


5.27


3.62


3.85


6.46




 Refinery utilization rate (%)


98


99


96


94


99




 Total refined product sales (mn t)


1.39


1.35


1.18


1.39


1.49




 


 


 


 


 


 




 Downstream Gas


Q3/18


Q4/18


Q1/19


Q2/19


Q3/19




 Gas sales volumes to third parties (TWh)


7.54


9.74


9.79


9.11


11.22




 Net electrical output (TWh)


1.04


1.48


1.08


0.05


1.00




* The actual refining margins realized by OMV Petrom may vary from the indicator refining margin due to different crude slate, product yield and operating conditions
 
 
 
Contact details:
OMV Petrom Investor Relations
Tel: +40 372 161 930; Fax: +40 372 868 518

E-mail: investor.relations.petrom@petrom.com
 
 
Disclaimer regarding forward-looking statements
This report may contain forward-looking statements. These statements reflect the Company's current knowledge and its expectations and projections about future events and may be identified by the context of such statements or words such as "anticipate," "believe", "estimate", "expect", "intend", "plan", "project", "target", "may", "will", "would", "could" or "should" or similar terminology. By their nature, forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control that could cause the Company's actual results and performance to differ materially from any expected future results or performance expressed or implied by any forward-looking statements.
None of the future projections, expectations, estimates or prospects in this report should in particular be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared or the information and statements contained herein are accurate or complete.
As a result of these risks, uncertainties and assumptions, you should in particular not place reliance on these forward-looking statements as a prediction of actual results or otherwise. This report does not purport to contain all information that may be necessary in respect of the Company or its shares and, in any event, each person receiving this report needs to make an independent assessment. The Company undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this report that may occur due to any change in its expectations or to reflect events or circumstances after the date of this report.
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
TSTFSMSIUFUSEDS