Contact
OMV Websites
en de
OMV Websites
OMV Websites
OMV www.omv.com Austria www.omv.at Bulgaria www.omv.bg Czech Rep. www.omv.cz Germany www.omv.de Hungary www.omv.hu New Zealand www.omv.nz Norway www.omv.no Romania www.omv.ro Russia www.omv.ru Serbia www.omv.co.rs Slovenia www.omv.si Slovakia www.omv.sk Tunisia www.omv.tn Turkey www.omv.com.tr UAE www.omv.ae
OMV Gas Websites
OMV Gas www.omv-gas.com Austria www.omv-gas.at Germany www.omv-gas.de Hungary www.omv-gas.hu Netherlands www.omv-gas.nl
OMV Petrom Websites
OMV Petrom www.omvpetrom.com Petrom Romania www.petrom.ro Petrom Moldova www.petrom.md
Close

OMV Group Report January–June and Q2 2019

including condensed consolidated interim financial statements as of June 30, 2019

Key Performance Indicators 1

Group

  • Clean CCS Operating Result increased significantly by 44% to EUR 1,047 mn
  • Clean CCS net income attributable to stockholders amounted to EUR 510 mn, clean CCS Earnings Per Share were EUR 1.56
  • High cash flow from operating activities of EUR 1,135 mn
  • Organic free cash flow before dividends of EUR 728 mn
  • Clean CCS ROACE at 14%
     

Upstream

  • Production rose by 70 kboe/d to 490 kboe/d
  • Production cost decreased by 9% to USD 6.9/boe
     

Downstream

  • OMV indicator refining margin stood at USD 3.2/bbl 
  • Natural gas sales increased by 8% to 26.8 TWh
     

Key events

  • On June 7, 2019, OMV and Gazprom signed an „Amendment Agreement“ to the „Basic Sale Agreement“. The „Amendment Agree-ment“ foresees, in particular, a purchase price of EUR 905 mn for the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development in the Urengoy natural gas and condensate field by OMV.
     

1 Figures reflect the Q2/19 period; all comparisons described relate to the same quarter in the previous year except where otherwise mentioned