Quarterly Publications: Results January – September and Q3 2022
Results video
Group
- Clean CCS Operating Result grew substantially to EUR 3,516 mn, fueled by better performance in Exploration & Production and Refining & Marketing
- Clean CCS net income attributable to stockholders of the parent increased significantly to EUR 1,206 mn; clean CCS Earnings Per Share were EUR 3.69
- Cash flow from operating activities excluding net working capital effects grew to EUR 2,895 mn
- Organic free cash flow before dividends totaled EUR 2,484 mn
- Clean CCS ROACE stood at 21%
- Total Recordable Injury Rate (TRIR) was 1.12
Chemicals & Materials
- Polyethylene indicator margin Europe declined to EUR 312/t; polypropylene indicator margin Europe decreased to EUR 357/t
- Polyolefin sales volumes went down to 1.32 mn t
Refining & Marketing
- OMV refining indicator margin Europe rose sharply to USD 14.4/bbl1
- Fuels and other sales volumes Europe decreased by 21% to 3.71 mn t
Exploration & Production2
- Production decreased by 89 kboe/d to 381 kboe/d, mainly due to the change in the consolidation method of Russian operations
- Production cost increased by 22% to USD 8.2/boe
Note: Figures reflect the Q3/22 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned.
1 As of Q2/22, the refining indicator margin reflects the change in the crude oil reference price from Urals to Brent at OMV Petrom.
2 As of March 1, 2022, Russian operations are no longer included in Group operational KPIs, Operating Result or cash flows.