WBAG:OMVOil and Gas
Is OMV (WBAG:OMV) Fully Valued As Its E Methanol Deal Expands Renewable Fuels?
OMV (WBAG:OMV) has moved further into renewable fuels by signing a multi-year deal to source e-methanol from Denmark’s Kassø plant, using the fuel in biodiesel from its Burghausen refinery.
See our latest analysis for OMV.
The e-methanol deal comes as OMV’s share price has moved to €69.0, with a 1-month share price return of 9.44% and year to date share price return of 42.92%. Over the longer term, investors have seen a 1-year total shareholder return of 52.75% and a 5-year total shareholder...