OMV

OMV shares hit a new record high but remain attractively valued with a P/E of around 8 and offer a dividend yield of over six percent. In Q2 2026, the CCS-adjusted operating result before special items rose to EUR 1.706 billion, with operating cash flow of EUR 1.315 billion and a leverage ratio of 19%. Drivers were higher oil prices and exploration proceeds, sharply improved refining margins, and the recovery and restructuring of the chemicals division, including the new global polyolefin platform. The integrated business structure across upstream, gas marketing, refineries, retail and chemicals makes OMV resilient in a volatile market. » More on deraktionaer.de

OMV reported an adjusted operating profit of €2.7 billion for the first half, up from €2.2 billion a year earlier, supported by a 53% higher Brent price and sharply increased refining margins. CEO Alfred Stern warned of ongoing disruptions in supply chains and additional costs from production outages and regulatory interventions in the Middle East. Gas flows in Central Europe have shifted: increased inflows from Germany to Austria and outflows to the east; domestic production in Wittau is expected to increase output by 50%. Another milestone is the Neptun Deep project in Romania, slated to start in 2027 and to cover 2.5–3% of European gas demand; the decline in headcount is largely explained by the deconsolidation of Borealis. » More on faz.net

OMV reports an operating profit before special items of €1.71 billion for Q2 (expectation €1.62 billion), a net profit on a replacement-cost basis of €929 million and revenues of €8.06 billion. CEO Alfred Stern praises the resilience of all business segments and points to the start of production from the Wittau gas field as well as progress at Neptun Deep. The company has a solid balance sheet, the share trades at a P/E of 8 and a dividend yield of around 7%; analysts still view the stock as a buy (stop price €49.00). » More on deraktionaer.de