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MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Reports Third Quarter 2024 Earnings
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (BUSE:MOL) Third Quarter 2024 Results
Key Financial Results
- Revenue: Ft2.48t (down 3.6% from 3Q 2023).
- Net income: Ft115.5b (down 34% from 3Q 2023).
- Profit margin: 4.7% (down from 6.8% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: Ft182.
All figures shown in the chart above are for the trailing 12 month (TTM) period
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Earnings Insights
Looking ahead, revenue is expected to fall by 2.4% p.a. on average during the next 3 years compared to a 1.1% decline forecast for the Oil and Gas industry in Europe.
Performance of the market in Hungary.
The company's shares are up 1.3% from a week ago.
Valuation
Following the latest earnings results, MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság may be undervalued based on 6 different valuation benchmarks we assess. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BUSE:MOL
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
Operates as an integrated oil and gas company in Hungary and internationally.
Flawless balance sheet, undervalued and pays a dividend.
