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Petro Welt Technologies AG Stock Price

XTRA:O2C Community·€109.4m Market Cap
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Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

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Petro Welt Technologies AG Key Details

€14.7m

Revenue

€4.9m

Cost of Revenue

€9.8m

Gross Profit

€36.5m

Other Expenses

-€26.7m

Earnings

Last Reported Earnings
Dec 31, 2022
Next Reporting Earnings
Aug 23, 2023
-0.55
66.55%
-181.56%
514.3%
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About O2C

Founded
1991
Employees
114
CEO
Denis Stankevich
WebsiteView website
pewete.com

Petro Welt Technologies AG engages in supply of technology and integrated project management for the oil and gas production industry in Russia and Kazakhstan. It offers well services and stimulation services comprising hydraulic fracturing, cementing, coiled tubing, sidetrack drilling, and drilling and remedial, as well as auxiliary services. The company provides services representing low-cost possibilities to enhance the existing wells’ productivity or reactivate idle and/or abandoned wells. As of December 31, 2022, the company had three fracturing fleets. The company was formerly known as C.A.T. oil AG and changed its name to Petro Welt Technologies AG in August 2016. Petro Welt Technologies AG was founded in 1991 and is headquartered in Vienna, Austria.

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