OMV Petrom

A Romanian F-16 jet and a naval explosive-ordnance disposal team neutralized a sea drone armed with explosives about 80 nautical miles east of Constanta near the Neptun Alpha platform. Romania blames Russia for the drone and has announced strengthened defensive measures. The platform is part of the Neptun Deep project, being developed by Petrom (OMV) and Romgaz and planned to start production in 2027. » More on finanzen.net

OMV reported Q1 2026 earnings per share of 0.99 (forecast 1.89) and revenue of 5.86 billion versus expected 7.76 billion. The Clean-CCS operating result fell to 1.006 billion (-12% y/y), while operating cash flow remained solid at 1.6 billion. Despite the weaker metrics, the stock rose 2.63% in after-hours trading to 60.45, supported by confidence in strategic initiatives such as the transaction with Borouge International and operational resilience. » More on de.investing.com

OMV reported Q1 2026 revenue of USD 5.86 billion and earnings per share of USD 0.99, with both figures well below expectations of USD 7.76 billion and USD 1.89 respectively. Adjusted operating result (Clean CCS) was EUR 1.005 billion, and reported net profit was EUR 1.6 billion (driven by a deconsolidation gain from Borealis). Despite the negative surprise, the stock rose 0.78%, supported by a strong cash position, low indebtedness and ongoing strategic initiatives such as the transaction with Borouge International. OMV sees the outlook cautiously optimistic with expected EPS ranges for coming quarters and targets for revenue increases. » More on de.investing.com