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MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Full Year 2023 Earnings: Beats Expectations
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) Full Year 2023 Results
Key Financial Results
- Revenue: Ft8.91t (down 9.7% from FY 2022).
- Net income: Ft530.4b (down 16% from FY 2022).
- Profit margin: 6.0% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: Ft715 (down from Ft851 in FY 2022).
MOL Production
Combined production- Oil equivalent production: 17.842 MMboe (18.658 MMboe in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 14%.
Looking ahead, revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 1.7% decline forecast for the Oil and Gas industry in Europe.
Performance of the market in Hungary.
The company's shares are up 1.5% from a week ago.
Risk Analysis
Be aware that MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság is showing 2 warning signs in our investment analysis and 1 of those is concerning...
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Find out whether MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About BUSE:MOL
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság, together with its subsidiaries, operates as an integrated oil and gas company in Hungary and internationally.
Flawless balance sheet established dividend payer.