View ValuationOMV 将来の成長Future 基準チェック /16OMVの収益は年間0.3%で減少すると予測されていますが、年間利益は年間10.5%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に11.3% 10.8%なると予測されています。主要情報10.5%収益成長率10.80%EPS成長率Oil and Gas 収益成長43.0%収益成長率-0.3%将来の株主資本利益率11.30%アナリストカバレッジGood最終更新日19 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • 7hDividend of €4.40 announcedShareholders will receive a dividend of €4.40. Ex-date: 8th June 2026 Payment date: 11th June 2026 Dividend yield will be 6.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (181% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.3% to bring the payout ratio under control. EPS is expected to grow by 36% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Apr 23+ 1 more updateOMV Aktiengesellschaft Appoints Emma Delaney as CEO, Effective September 1, 2026OMV Aktiengesellschaft announced that its Supervisory Board appointed Emma Delaney as CEO of the company. Emma Delaney has accepted the appointment. She will assume the position with effect from September 1, 2026 for a three-year period with an extension possibility for further two years subject to mutual consent.お知らせ • Dec 09OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026.お知らせ • Oct 24+ 4 more updatesOMV Aktiengesellschaft to Report Q2, 2026 Results on Jul 31, 2026OMV Aktiengesellschaft announced that they will report Q2, 2026 results at 7:00 AM, Central European Standard Time on Jul 31, 2026お知らせ • May 30PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million.PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million on May 30, 2025. The total cash consideration is $594 million, net of a transaction fee of $100 million. PJSC LUKOIL (MISX:LKOH) completed the acquisition of an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) on May 30, 2025.お知らせ • Feb 03ADNOC Aims to Buy Nova Chemicals, Roll Into Deal With OMVAbu Dhabi National Oil Company and energy producer OMV Aktiengesellschaft (WBAG:OMV) are considering buying Canada’s NOVA Chemicals Corporation and rolling it into an industry giant they’re seeking to create by merging two companies in which they have cross shareholdings. The government-owned company in the United Arab Emirates and the Austrian energy producer are in “constructive and positive” talks about a merger of two chemical units in which they’re both partners, ADNOC said in a statement on February 1, 2025. The deal would create a chemical producer potentially valued at more than $30 billion.お知らせ • Jan 27OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025.お知らせ • Dec 11TotalEnergies SE (ENXTPA:TTE) acquired the 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million.TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. J.P. Morgan acted as financial advisor to OMV. Michael Burns, Tim Gummer, Mark Spinney, Neil Cuninghame, Ruth Buchanan and Jessica Davies of Ashurst acted as legal advisor to OMV Aktiengesellschaft. Marc Petitier, Jérémie Marthan, Estelle Philippi and Valérie Ménard of White & Case LLP (Paris), Margot Berry, Laetitia Souesme and Mukund Dhar of White & Case LLP, Francisco de Rosenzweig and Roman Gonzalez of White & Case, S.C. and MeloMegan Irons, Lucy Raffel, Aileen Fitzmaurice, Alistair Leung, Olivia Yan, Tom Carberry and Fiona Blanch of White & Case LLP acted as legal advisor to TotalEnergies. TotalEnergies SE (ENXTPA:TTE) completed the acquisition of 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) on December 10, 2024.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: €0.74 (vs €1.45 in 3Q 2023)Third quarter 2024 results: EPS: €0.74 (down from €1.45 in 3Q 2023). Revenue: €8.47b (down 8.3% from 3Q 2023). Net income: €241.0m (down 49% from 3Q 2023). Profit margin: 2.8% (down from 5.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Oct 28+ 3 more updatesOMV Aktiengesellschaft to Report Q1, 2025 Results on Apr 30, 2025OMV Aktiengesellschaft announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Oct 25OMV Aktiengesellschaft to Report Fiscal Year 2024 Results on Feb 04, 2025OMV Aktiengesellschaft announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Feb 04, 2025Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €1.16 (vs €1.16 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (in line with 2Q 2023). Revenue: €8.75b (flat on 2Q 2023). Net income: €393.0m (up 3.4% from 2Q 2023). Profit margin: 4.5% (up from 4.3% in 2Q 2023). Revenue is expected to decline by 7.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 29Upcoming dividend of €5.05 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).New Risk • May 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (118% cash payout ratio). Profit margins are more than 30% lower than last year (4.3% net profit margin).Reported Earnings • May 02First quarter 2024 earnings released: EPS: €1.43 (vs €1.19 in 1Q 2023)First quarter 2024 results: EPS: €1.43 (up from €1.19 in 1Q 2023). Revenue: €8.36b (down 22% from 1Q 2023). Net income: €486.0m (up 25% from 1Q 2023). Profit margin: 5.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Mar 01Abu Dhabi National Oil Company acquired 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC.Abu Dhabi National Oil Company entered into an agreement to acquire a 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on December 21, 2022. The completion is subject to closing conditions and other regulatory consents and approvals. As of July 12, 2023, the European Commission approved the transaction. As of August 16, 2023, Competition Tribunal of South Africa has approved the transaction without conditions. Citigroup Inc. (NYSE:C) acted as a financial advisor to Abu Dhabi National Oil Company.Abu Dhabi National Oil Company completed the acquisition of 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on February 29, 2024.Reported Earnings • Feb 04Full year 2023 earnings released: EPS: €4.53 (vs €11.12 in FY 2022)Full year 2023 results: EPS: €4.53 (down from €11.12 in FY 2022). Revenue: €40.5b (down 33% from FY 2022). Net income: €1.55b (down 57% from FY 2022). Profit margin: 3.8% (down from 6.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 7.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.お知らせ • Feb 01TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million.TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: €1.45 (vs €2.55 in 3Q 2022)Third quarter 2023 results: EPS: €1.45 (down from €2.55 in 3Q 2022). Revenue: €9.74b (down 42% from 3Q 2022). Net income: €492.0m (down 41% from 3Q 2022). Profit margin: 5.0% (in line with 3Q 2022). Revenue is expected to decline by 12% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.お知らせ • Oct 26+ 5 more updatesOMV Aktiengesellschaft, Annual General Meeting, May 28, 2024OMV Aktiengesellschaft, Annual General Meeting, May 28, 2024, at 10:00 Central European Standard Time. Location: REED MESSE WIEN GmbH, Messeplatz 1, 1020 Vienna AustriaNew Risk • Jul 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin).Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: €1.16 (vs €5.96 in 2Q 2022)Second quarter 2023 results: EPS: €1.16 (down from €5.96 in 2Q 2022). Revenue: €8.77b (down 37% from 2Q 2022). Net income: €380.0m (down 81% from 2Q 2022). Profit margin: 4.3% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15OMV to Enter Talks with ADNOC to Create $20 Billion Chemicals GiantOMV Aktiengesellschaft (WBAG:OMV) said on July 14, 2023 said it will enter negotiations with Abu Dhabi National Oil Co (ADNOC) to potentially create a chemicals giant via the combination of two entities in which both companies own stakes. The deal, if realised, would include a merger of petrochemicals group Borealis AG which is owned by OMV and ADNOC in a 75:25 split -- and Borouge plc (ADX:BOROUGE), which is 54:36 owned by ADNOC and Borealis. OMV said such a tie-up would result in both Borealis and Borouge becoming "equal partners under a jointly controlled, listed platform for potential growth acquisitions to create a global polyolefin company". A potential tie-up between the both petrochemicals companies, which was first reported last week, would create a global heavyweight with combined annual sales of more than $20 billion. OMV said any transaction depended on a number of criteria, including the valuation of both businesses as well as the approval of the Austrian group's management and supervisory boards and antitrust authorities.お知らせ • Jul 06Adnoc, OMV Reportedly Explore USD 30 Billion Merger of Borealis, BorougeOMV Aktiengesellschaft (WBAG:OMV) are exploring a combination of Borouge plc (ADX:BOROUGE) and Borealis AG to create a chemicals and plastics company worth more than $30 billion, people familiar with the matter said. The owners are discussing the potential valuation and ownership structure of a combined entity and may reach the broad outlines for formal merger negotiations in the coming weeks, according to the people. Talks have been on-and-off for several months and could still be delayed or fall apart, they said, asking not to be identified because deliberations are private. Borealis is 75% owned by OMV, with the remainder held by Abu Dhabi National Oil Co. Abu Dhabi-listed Borouge is itself a partnership between Adnoc and Borealis and has a market value of about $22 billion. The two parties are discussing a possible valuation of about $10 billion for Borealis, including its Borouge stake, the people said. After taking into account potential synergies, the overall valuation of the combined entity could exceed $30 billion, the people said. The exact value and ownership structure remain the two key hurdles for any agreement and may still change, they said. The Austrian side would also prefer to have the headquarters in Europe, where most of the operations are, even if the combined entity was listed in Abu Dhabi, the people said. Representatives for Adnoc and OMV declined to comment. Spokespeople for Borealis and Borouge referred queries to their owners. The Abu Dhabi firm is continuing its pursuit of a potential Covestro takeover and has been studying its next steps, according to people with knowledge of the matter. Adnoc is likely to decide as soon as the next couple weeks whether to increase its offer for Covestro, the people said. A spokesperson for Covestro declined to comment.Buying Opportunity • Jun 07Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €52.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 48%. Revenue is forecast to decline by 18% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.お知らせ • Jun 03ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV).ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023.ORLEN Deutschland GmbH completed the acquisition of 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023.Upcoming Dividend • May 30Upcoming dividend of €5.05 per share at 6.6% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%).Reported Earnings • Mar 30Full year 2022 earnings releasedFull year 2022 results: Net income: €3.63b (up 74% from FY 2021). Oil reserves and sales price Proven reserves: 621 MMbbls Average sales price/bbl (hedged): US$88.93 Gas reserves and sales price Proven reserves: 2408.8 Bcf Average sales price/mcf (hedged): US$4.98 Combined production and costs Oil equivalent production: 143 MMboe (177.5 MMboe in FY 2021) Average production cost/Boe: US$7.67 (US$5.86/Boe in FY 2021) Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.4%.Reported Earnings • Feb 07Full year 2022 earnings released: EPS: €11.12 (vs €6.40 in FY 2021)Full year 2022 results: EPS: €11.12 (up from €6.40 in FY 2021). Revenue: €64.8b (up 82% from FY 2021). Net income: €3.71b (up 77% from FY 2021). Profit margin: 5.7% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: €2.55 (vs €0.85 in 3Q 2021)Third quarter 2022 results: EPS: €2.55 (up from €0.85 in 3Q 2021). Revenue: €17.6b (up 107% from 3Q 2021). Net income: €851.0m (up 205% from 3Q 2021). Profit margin: 4.8% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 19% p.a. on average during the next 3 years compared to a 4.7% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Oct 28+ 3 more updatesOMV Aktiengesellschaft to Report Fiscal Year 2022 Results on Mar 24, 2023OMV Aktiengesellschaft announced that they will report fiscal year 2022 results on Mar 24, 2023Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: €5.96 (vs €1.90 in 2Q 2021)Second quarter 2022 results: EPS: €5.96 (up from €1.90 in 2Q 2021). Revenue: €16.0b (up 121% from 2Q 2021). Net income: €1.95b (up 213% from 2Q 2021). Profit margin: 12% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 14% compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 03Upcoming dividend of €2.30 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.2%).Reported Earnings • May 05First quarter 2022 earnings released: EPS: €1.67 (vs €2.00 in 1Q 2021)First quarter 2022 results: EPS: €1.67 (down from €2.00 in 1Q 2021). Revenue: €16.1b (up 151% from 1Q 2021). Net income: €563.0m (down 14% from 1Q 2021). Profit margin: 3.5% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €6.40 (up from €3.85 in FY 2020). Revenue: €37.1b (up 124% from FY 2020). Net income: €2.19b (up 74% from FY 2020). Profit margin: 5.9% (down from 7.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 3.3%, compared to a 65% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €45.71, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 15% over the past three years.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS €0.85 (vs €1.49 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.80b (up 138% from 3Q 2020). Net income: €304.0m (up €791.0m from 3Q 2020). Profit margin: 3.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €1.90 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €7.59b (up 142% from 2Q 2020). Net income: €647.0m (up €624.0m from 2Q 2020). Profit margin: 8.5% (up from 0.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Jun 02Upcoming dividend of €1.85 per shareEligible shareholders must have bought the stock before 09 June 2021. Payment date: 11 June 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).Reported Earnings • May 02First quarter 2021 earnings released: EPS €2.00 (vs €0.49 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €6.78b (up 43% from 1Q 2020). Net income: €679.0m (up €838.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Executive Departure • Apr 10Chief Downstream Operations Officer & Member of the Executive Board has left the companyOn the 1st of April, Thomas Gangl's tenure as Chief Downstream Operations Officer & Member of the Executive Board ended after 1.8 years in the role. As of December 2020, Thomas personally held 12.53k shares (€418k worth at the time). Thomas is the only executive to leave the company over the last 12 months.Reported Earnings • Mar 28Full year 2020 earnings released: EPS €3.85 (vs €5.14 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €16.6b (down 30% from FY 2019). Net income: €1.26b (down 25% from FY 2019). Profit margin: 7.6% (up from 7.2% in FY 2019). Oil reserves and sales price Proven reserves: 679.6 MMbbls Average sales price/bbl (hedged): US$31.04 Gas reserves and sales price Proven reserves: 3838.4 Bcf Average sales price/mcf (hedged): US$2.55 Combined production and costs Oil equivalent production: 169.4 MMboe (177.9 MMboe in FY 2019) Average production cost/Boe: US$5.38 (US$5.89/Boe in FY 2019) Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.Is New 90 Day High Low • Feb 17New 90-day high: €38.00The company is up 36% from its price of €27.90 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €69.03 per share.Reported Earnings • Feb 06Full year 2020 earnings released: EPS €3.85 (vs €5.14 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €18.5b (down 21% from FY 2019). Net income: €1.34b (down 20% from FY 2019). Profit margin: 7.3% (up from 7.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the Oil and Gas industry in Germany.Is New 90 Day High Low • Jan 21New 90-day high: €37.66The company is up 73% from its price of €21.78 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 58% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €81.37 per share.Is New 90 Day High Low • Jan 06New 90-day high: €34.20The company is up 43% from its price of €23.94 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €82.72 per share.Is New 90 Day High Low • Dec 18New 90-day high: €33.42The company is up 29% from its price of €25.96 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.99 per share.Is New 90 Day High Low • Nov 23New 90-day high: €28.98The company is up 2.0% from its price of €28.50 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.49 per share.Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 6.7% at €4.03b. Revenue is forecast to grow 20% over the next year, compared to a 9.0% growth forecast for the Oil and Gas industry in Germany.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of €207.0m, with earnings decreasing by €2.14b from the prior year. Total revenue was €18.3b over the last 12 months, down 24% from the prior year.業績と収益の成長予測DB:OMV - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202824,2862,3881,9615,0321012/31/202725,5202,4892,0654,9281112/31/202627,3702,8781,4994,763113/31/202623,3781,0577944,634N/A12/31/202523,6237101,3665,215N/A9/30/202524,0981,0487044,564N/A6/30/202524,5447171,0754,891N/A3/31/202525,4059741,3544,990N/A12/31/202425,5041,3011,9435,456N/A9/30/202428,9771,1552,0855,518N/A6/30/202431,6671,4822,3945,802N/A3/31/202433,9421,5061,4014,845N/A12/31/202338,5381,4802,2225,709N/A9/30/202342,8351,5522,6056,055N/A6/30/202350,3381,9114,2097,533N/A3/31/202355,9583,4784,6147,769N/A12/31/202260,6353,6344,8157,758N/A9/30/202259,5213,8646,3129,103N/A6/30/202251,1483,3104,8937,528N/A3/31/202243,8201,9856,0248,628N/A12/31/202134,8972,0934,5207,017N/A9/30/202126,8163,4352,6114,914N/A6/30/202122,1372,6701,9854,097N/A3/31/202118,2192,0711,1663,081N/A12/31/202016,5501,2581,1773,137N/A9/30/202017,667-2661,4373,438N/A6/30/202019,9206451,5653,721N/A3/31/202022,8171,1662,0874,311N/A12/31/201923,4611,679N/A4,056N/A9/30/201924,0271,931N/A4,192N/A6/30/201923,6871,726N/A4,088N/A3/31/201923,3581,386N/A4,186N/A12/31/201822,9311,438N/A4,396N/A9/30/201821,1971,141N/A4,021N/A6/30/201820,2351,361N/A3,843N/A3/31/201819,681128N/A3,601N/A12/31/201720,222435N/A3,448N/A9/30/201720,723-254N/A3,317N/A6/30/201721,325-647N/A3,177N/A3/31/201720,787215N/A3,222N/A12/31/201619,260-404N/A2,878N/A9/30/201618,896-1,042N/A2,701N/A6/30/201619,580-1,545N/A3,185N/A3/31/201620,692-1,169N/A3,007N/A12/31/201522,527-1,100N/A2,834N/A9/30/201525,167-471N/A3,845N/A6/30/201528,333217N/A3,343N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: OMVの予測収益成長率 (年間10.5% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: OMVの収益 ( 10.5% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: OMVの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: OMVの収益は今後 3 年間で減少すると予想されています (年間-0.3% )。高い収益成長: OMVの収益は今後 3 年間で減少すると予測されています (年間-0.3% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: OMVの 自己資本利益率 は、3年後には低くなると予測されています ( 11.3 %)。成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 07:08終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋OMV Aktiengesellschaft 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。38 アナリスト機関Alejandro VigilBanco SantanderLucy HaskinsBarclaysRamchandra KamathBarclays35 その他のアナリストを表示
Declared Dividend • 7hDividend of €4.40 announcedShareholders will receive a dividend of €4.40. Ex-date: 8th June 2026 Payment date: 11th June 2026 Dividend yield will be 6.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (181% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 8.3% to bring the payout ratio under control. EPS is expected to grow by 36% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Apr 23+ 1 more updateOMV Aktiengesellschaft Appoints Emma Delaney as CEO, Effective September 1, 2026OMV Aktiengesellschaft announced that its Supervisory Board appointed Emma Delaney as CEO of the company. Emma Delaney has accepted the appointment. She will assume the position with effect from September 1, 2026 for a three-year period with an extension possibility for further two years subject to mutual consent.
お知らせ • Dec 09OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026OMV Aktiengesellschaft, Annual General Meeting, May 27, 2026.
お知らせ • Oct 24+ 4 more updatesOMV Aktiengesellschaft to Report Q2, 2026 Results on Jul 31, 2026OMV Aktiengesellschaft announced that they will report Q2, 2026 results at 7:00 AM, Central European Standard Time on Jul 31, 2026
お知らせ • May 30PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million.PJSC LUKOIL (MISX:LKOH) acquired an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) for approximately $490 million on May 30, 2025. The total cash consideration is $594 million, net of a transaction fee of $100 million. PJSC LUKOIL (MISX:LKOH) completed the acquisition of an additional 5% stake in Ghasha gas concession from OMV Aktiengesellschaft (WBAG:OMV) on May 30, 2025.
お知らせ • Feb 03ADNOC Aims to Buy Nova Chemicals, Roll Into Deal With OMVAbu Dhabi National Oil Company and energy producer OMV Aktiengesellschaft (WBAG:OMV) are considering buying Canada’s NOVA Chemicals Corporation and rolling it into an industry giant they’re seeking to create by merging two companies in which they have cross shareholdings. The government-owned company in the United Arab Emirates and the Austrian energy producer are in “constructive and positive” talks about a merger of two chemical units in which they’re both partners, ADNOC said in a statement on February 1, 2025. The deal would create a chemical producer potentially valued at more than $30 billion.
お知らせ • Jan 27OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025OMV Aktiengesellschaft, Annual General Meeting, May 27, 2025.
お知らせ • Dec 11TotalEnergies SE (ENXTPA:TTE) acquired the 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million.TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024. J.P. Morgan acted as financial advisor to OMV. Michael Burns, Tim Gummer, Mark Spinney, Neil Cuninghame, Ruth Buchanan and Jessica Davies of Ashurst acted as legal advisor to OMV Aktiengesellschaft. Marc Petitier, Jérémie Marthan, Estelle Philippi and Valérie Ménard of White & Case LLP (Paris), Margot Berry, Laetitia Souesme and Mukund Dhar of White & Case LLP, Francisco de Rosenzweig and Roman Gonzalez of White & Case, S.C. and MeloMegan Irons, Lucy Raffel, Aileen Fitzmaurice, Alistair Leung, Olivia Yan, Tom Carberry and Fiona Blanch of White & Case LLP acted as legal advisor to TotalEnergies. TotalEnergies SE (ENXTPA:TTE) completed the acquisition of 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) on December 10, 2024.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: €0.74 (vs €1.45 in 3Q 2023)Third quarter 2024 results: EPS: €0.74 (down from €1.45 in 3Q 2023). Revenue: €8.47b (down 8.3% from 3Q 2023). Net income: €241.0m (down 49% from 3Q 2023). Profit margin: 2.8% (down from 5.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 28+ 3 more updatesOMV Aktiengesellschaft to Report Q1, 2025 Results on Apr 30, 2025OMV Aktiengesellschaft announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Oct 25OMV Aktiengesellschaft to Report Fiscal Year 2024 Results on Feb 04, 2025OMV Aktiengesellschaft announced that they will report fiscal year 2024 results at 7:00 AM, Central European Standard Time on Feb 04, 2025
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: €1.16 (vs €1.16 in 2Q 2023)Second quarter 2024 results: EPS: €1.16 (in line with 2Q 2023). Revenue: €8.75b (flat on 2Q 2023). Net income: €393.0m (up 3.4% from 2Q 2023). Profit margin: 4.5% (up from 4.3% in 2Q 2023). Revenue is expected to decline by 7.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 37%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 29Upcoming dividend of €5.05 per shareEligible shareholders must have bought the stock before 05 June 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.1%).
New Risk • May 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (118% cash payout ratio). Profit margins are more than 30% lower than last year (4.3% net profit margin).
Reported Earnings • May 02First quarter 2024 earnings released: EPS: €1.43 (vs €1.19 in 1Q 2023)First quarter 2024 results: EPS: €1.43 (up from €1.19 in 1Q 2023). Revenue: €8.36b (down 22% from 1Q 2023). Net income: €486.0m (up 25% from 1Q 2023). Profit margin: 5.8% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Mar 01Abu Dhabi National Oil Company acquired 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC.Abu Dhabi National Oil Company entered into an agreement to acquire a 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on December 21, 2022. The completion is subject to closing conditions and other regulatory consents and approvals. As of July 12, 2023, the European Commission approved the transaction. As of August 16, 2023, Competition Tribunal of South Africa has approved the transaction without conditions. Citigroup Inc. (NYSE:C) acted as a financial advisor to Abu Dhabi National Oil Company.Abu Dhabi National Oil Company completed the acquisition of 24.9 % stake in OMV Aktiengesellschaft (WBAG:OMV) from Mubadala Petroleum And Petrochemicals Holding Company LLC on February 29, 2024.
Reported Earnings • Feb 04Full year 2023 earnings released: EPS: €4.53 (vs €11.12 in FY 2022)Full year 2023 results: EPS: €4.53 (down from €11.12 in FY 2022). Revenue: €40.5b (down 33% from FY 2022). Net income: €1.55b (down 57% from FY 2022). Profit margin: 3.8% (down from 6.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 7.6% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
お知らせ • Feb 01TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million.TotalEnergies SE (ENXTPA:TTE) has signed an agreement to acquire 50% stake in SapuraOMV Upstream Sdn. Bhd. from OMV Aktiengesellschaft (WBAG:OMV) for approximately $900 million on January 31, 2024. Under the terms of agreement, TotalEnergies is paying cash consideration of $903 million, this amount includes the full repayment of the outstanding $350 million shareholder loan granted by OMV to SapuraOMV as well as net working capital and other elements with the consideration being subject to closing adjustments (Economic Effective Date December 31, 2022). The remaining 50 percent interest is held by SapuraEnergy. The implementation of the transaction is, inter alia, subject to certain partner consents as well as governmental and regulatory approvals and closing is expected by the end of first half of 2024.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: €1.45 (vs €2.55 in 3Q 2022)Third quarter 2023 results: EPS: €1.45 (down from €2.55 in 3Q 2022). Revenue: €9.74b (down 42% from 3Q 2022). Net income: €492.0m (down 41% from 3Q 2022). Profit margin: 5.0% (in line with 3Q 2022). Revenue is expected to decline by 12% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Oct 26+ 5 more updatesOMV Aktiengesellschaft, Annual General Meeting, May 28, 2024OMV Aktiengesellschaft, Annual General Meeting, May 28, 2024, at 10:00 Central European Standard Time. Location: REED MESSE WIEN GmbH, Messeplatz 1, 1020 Vienna Austria
New Risk • Jul 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin).
Reported Earnings • Jul 31Second quarter 2023 earnings released: EPS: €1.16 (vs €5.96 in 2Q 2022)Second quarter 2023 results: EPS: €1.16 (down from €5.96 in 2Q 2022). Revenue: €8.77b (down 37% from 2Q 2022). Net income: €380.0m (down 81% from 2Q 2022). Profit margin: 4.3% (down from 14% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15OMV to Enter Talks with ADNOC to Create $20 Billion Chemicals GiantOMV Aktiengesellschaft (WBAG:OMV) said on July 14, 2023 said it will enter negotiations with Abu Dhabi National Oil Co (ADNOC) to potentially create a chemicals giant via the combination of two entities in which both companies own stakes. The deal, if realised, would include a merger of petrochemicals group Borealis AG which is owned by OMV and ADNOC in a 75:25 split -- and Borouge plc (ADX:BOROUGE), which is 54:36 owned by ADNOC and Borealis. OMV said such a tie-up would result in both Borealis and Borouge becoming "equal partners under a jointly controlled, listed platform for potential growth acquisitions to create a global polyolefin company". A potential tie-up between the both petrochemicals companies, which was first reported last week, would create a global heavyweight with combined annual sales of more than $20 billion. OMV said any transaction depended on a number of criteria, including the valuation of both businesses as well as the approval of the Austrian group's management and supervisory boards and antitrust authorities.
お知らせ • Jul 06Adnoc, OMV Reportedly Explore USD 30 Billion Merger of Borealis, BorougeOMV Aktiengesellschaft (WBAG:OMV) are exploring a combination of Borouge plc (ADX:BOROUGE) and Borealis AG to create a chemicals and plastics company worth more than $30 billion, people familiar with the matter said. The owners are discussing the potential valuation and ownership structure of a combined entity and may reach the broad outlines for formal merger negotiations in the coming weeks, according to the people. Talks have been on-and-off for several months and could still be delayed or fall apart, they said, asking not to be identified because deliberations are private. Borealis is 75% owned by OMV, with the remainder held by Abu Dhabi National Oil Co. Abu Dhabi-listed Borouge is itself a partnership between Adnoc and Borealis and has a market value of about $22 billion. The two parties are discussing a possible valuation of about $10 billion for Borealis, including its Borouge stake, the people said. After taking into account potential synergies, the overall valuation of the combined entity could exceed $30 billion, the people said. The exact value and ownership structure remain the two key hurdles for any agreement and may still change, they said. The Austrian side would also prefer to have the headquarters in Europe, where most of the operations are, even if the combined entity was listed in Abu Dhabi, the people said. Representatives for Adnoc and OMV declined to comment. Spokespeople for Borealis and Borouge referred queries to their owners. The Abu Dhabi firm is continuing its pursuit of a potential Covestro takeover and has been studying its next steps, according to people with knowledge of the matter. Adnoc is likely to decide as soon as the next couple weeks whether to increase its offer for Covestro, the people said. A spokesperson for Covestro declined to comment.
Buying Opportunity • Jun 07Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €52.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 48%. Revenue is forecast to decline by 18% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.
お知らせ • Jun 03ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV).ORLEN Deutschland GmbH acquired 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023.ORLEN Deutschland GmbH completed the acquisition of 17 Automated Service Stations in Germany from OMV Aktiengesellschaft (WBAG:OMV) on June 1, 2023.
Upcoming Dividend • May 30Upcoming dividend of €5.05 per share at 6.6% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 12 June 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%).
Reported Earnings • Mar 30Full year 2022 earnings releasedFull year 2022 results: Net income: €3.63b (up 74% from FY 2021). Oil reserves and sales price Proven reserves: 621 MMbbls Average sales price/bbl (hedged): US$88.93 Gas reserves and sales price Proven reserves: 2408.8 Bcf Average sales price/mcf (hedged): US$4.98 Combined production and costs Oil equivalent production: 143 MMboe (177.5 MMboe in FY 2021) Average production cost/Boe: US$7.67 (US$5.86/Boe in FY 2021) Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 4.4%.
Reported Earnings • Feb 07Full year 2022 earnings released: EPS: €11.12 (vs €6.40 in FY 2021)Full year 2022 results: EPS: €11.12 (up from €6.40 in FY 2021). Revenue: €64.8b (up 82% from FY 2021). Net income: €3.71b (up 77% from FY 2021). Profit margin: 5.7% (down from 5.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 24% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.3%. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: €2.55 (vs €0.85 in 3Q 2021)Third quarter 2022 results: EPS: €2.55 (up from €0.85 in 3Q 2021). Revenue: €17.6b (up 107% from 3Q 2021). Net income: €851.0m (up 205% from 3Q 2021). Profit margin: 4.8% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 19% p.a. on average during the next 3 years compared to a 4.7% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Oct 28+ 3 more updatesOMV Aktiengesellschaft to Report Fiscal Year 2022 Results on Mar 24, 2023OMV Aktiengesellschaft announced that they will report fiscal year 2022 results on Mar 24, 2023
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: €5.96 (vs €1.90 in 2Q 2021)Second quarter 2022 results: EPS: €5.96 (up from €1.90 in 2Q 2021). Revenue: €16.0b (up 121% from 2Q 2021). Net income: €1.95b (up 213% from 2Q 2021). Profit margin: 12% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 14% compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 03Upcoming dividend of €2.30 per shareEligible shareholders must have bought the stock before 10 June 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.2%).
Reported Earnings • May 05First quarter 2022 earnings released: EPS: €1.67 (vs €2.00 in 1Q 2021)First quarter 2022 results: EPS: €1.67 (down from €2.00 in 1Q 2021). Revenue: €16.1b (up 151% from 1Q 2021). Net income: €563.0m (down 14% from 1Q 2021). Profit margin: 3.5% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €6.40 (up from €3.85 in FY 2020). Revenue: €37.1b (up 124% from FY 2020). Net income: €2.19b (up 74% from FY 2020). Profit margin: 5.9% (down from 7.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 3.3%, compared to a 65% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €45.71, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS €0.85 (vs €1.49 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €8.80b (up 138% from 3Q 2020). Net income: €304.0m (up €791.0m from 3Q 2020). Profit margin: 3.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Executive Departure • Sep 03Chairman of Executive Board & CEO Rainer Seele has left the companyDuring their tenure, earnings grew by 49% annually compared to the industry average of 8.7%. On the 31st of August, Rainer Seele left the company after 6.2 in the role. As of June 2021, Rainer still personally held 99.31k shares (€2.9m worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Under Rainer's leadership, the company delivered a total shareholder return of 156%.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €1.90 (vs €0.07 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €7.59b (up 142% from 2Q 2020). Net income: €647.0m (up €624.0m from 2Q 2020). Profit margin: 8.5% (up from 0.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Jun 02Upcoming dividend of €1.85 per shareEligible shareholders must have bought the stock before 09 June 2021. Payment date: 11 June 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%).
Reported Earnings • May 02First quarter 2021 earnings released: EPS €2.00 (vs €0.49 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €6.78b (up 43% from 1Q 2020). Net income: €679.0m (up €838.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Executive Departure • Apr 10Chief Downstream Operations Officer & Member of the Executive Board has left the companyOn the 1st of April, Thomas Gangl's tenure as Chief Downstream Operations Officer & Member of the Executive Board ended after 1.8 years in the role. As of December 2020, Thomas personally held 12.53k shares (€418k worth at the time). Thomas is the only executive to leave the company over the last 12 months.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS €3.85 (vs €5.14 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €16.6b (down 30% from FY 2019). Net income: €1.26b (down 25% from FY 2019). Profit margin: 7.6% (up from 7.2% in FY 2019). Oil reserves and sales price Proven reserves: 679.6 MMbbls Average sales price/bbl (hedged): US$31.04 Gas reserves and sales price Proven reserves: 3838.4 Bcf Average sales price/mcf (hedged): US$2.55 Combined production and costs Oil equivalent production: 169.4 MMboe (177.9 MMboe in FY 2019) Average production cost/Boe: US$5.38 (US$5.89/Boe in FY 2019) Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
Is New 90 Day High Low • Feb 17New 90-day high: €38.00The company is up 36% from its price of €27.90 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €69.03 per share.
Reported Earnings • Feb 06Full year 2020 earnings released: EPS €3.85 (vs €5.14 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: €18.5b (down 21% from FY 2019). Net income: €1.34b (down 20% from FY 2019). Profit margin: 7.3% (up from 7.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 06Revenue beats expectationsRevenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 18%, compared to a 14% growth forecast for the Oil and Gas industry in Germany.
Is New 90 Day High Low • Jan 21New 90-day high: €37.66The company is up 73% from its price of €21.78 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 58% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €81.37 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €34.20The company is up 43% from its price of €23.94 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €82.72 per share.
Is New 90 Day High Low • Dec 18New 90-day high: €33.42The company is up 29% from its price of €25.96 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €79.99 per share.
Is New 90 Day High Low • Nov 23New 90-day high: €28.98The company is up 2.0% from its price of €28.50 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €83.49 per share.
Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 6.7% at €4.03b. Revenue is forecast to grow 20% over the next year, compared to a 9.0% growth forecast for the Oil and Gas industry in Germany.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of €207.0m, with earnings decreasing by €2.14b from the prior year. Total revenue was €18.3b over the last 12 months, down 24% from the prior year.