Stock Analysis
- Romania
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- Oil and Gas
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- BVB:COTE
Conpet Third Quarter 2024 Earnings: EPS: RON1.66 (vs RON2.35 in 3Q 2023)
Conpet (BVB:COTE) Third Quarter 2024 Results
Key Financial Results
- Revenue: RON180.7m (up 44% from 3Q 2023).
- Net income: RON14.4m (down 29% from 3Q 2023).
- Profit margin: 8.0% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: RON1.66 (down from RON2.35 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Conpet's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Conpet that you need to be mindful of.
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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 BVB:COTE
Conpet
Conpet S.A. transports crude oil, rich gas, ethane, condensate, and petroleum by pipeline and railway in Romania.