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REG - OMV Petrom S.A. - Q1/17 Trading Update Key Performance Indicators <Origin Href="QuoteRef">ROSNP.BX</Origin>

RNS Number : 1589C
OMV Petrom S.A.
11 April 2017

OMV Petrom Q1/17 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 March 31, 2017. The OMV Petrom Group's results for Q1/17 will be published on May 11, 2017. 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

Q1/16

Q2/16

Q3/16

Q4/16

Q1/17

Average Brent price (USD/bbl)

33.94

45.59

45.86

49.33

53.69

Average Urals price (USD/bbl)

32.29

43.91

44.10

47.89

52.21

Average RON-USD FX-rate

4.073

3.984

3.999

4.174

4.246

Average RON-EUR FX-rate

4.491

4.498

4.465

4.507

4.522

Source: Reuters/Platts, NBR






Upstream

Q1/16

Q2/16

Q3/16

Q4/16

Q1/17

Total hydrocarbon production (kboe/d)

175

177

174

170

170

thereof crude oil and NGL production (kboe/d)

81

81

79

78

76

thereof natural gas production (kboe/d)

94

96

95

92

94

Total hydrocarbon sales volume (mn boe)

14.9

15.1

15.1

14.8

14.3

Average realized crude price (USD/bbl)

26.69

36.86

37.41

41.55

45.09







Downstream Oil

Q1/16

Q2/16

Q3/16

Q4/16

Q1/17

Indicator refining margin (USD/bbl)*

8.06

6.82

5.96

7.14

7.58

Refinery utilization rate (%)

94

68

97

96

95

Total refined product sales (mn t)

1.14

1.13

1.39

1.27

1.13







Downstream Gas

Q1/16

Q2/16

Q3/16

Q4/16

Q1/17

Gas sales volumes to third parties (TWh)

12.88

9.67

8.89

12.41

13.75

Net electrical output (TWh)

0.42

0.48

1.20

0.82

0.75

* 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


This information is provided by RNS
The company news service from the London Stock Exchange
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