Earnings Alerts

OMV AG (OMV) Earnings: 4Q Production Surpasses Estimates with Strong Refining Margins

By January 14, 2025 No Comments
  • OMV’s fourth-quarter production met expectations.
  • Total production was recorded at 337,000 barrels of oil equivalent per day (boe/d), slightly above the estimate of 335,145 boe/d.
  • The refining margin for the quarter stood at $5.90, exceeding the estimated $5.69.
  • Crude oil and natural gas liquids (NGL) production reached 182,000 boe/d, above the projected 180,529 boe/d.
  • Natural gas production was reported at 156,000 boe/d.
  • Analysts’ recommendations include 11 buy ratings, 11 hold ratings, and 1 sell rating for OMV.

A look at OMV AG Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

OMV AG, an energy company focusing on crude oil and natural gas exploration and refining, has received solid ratings in key areas according to Smartkarma Smart Scores. With a high score in dividends and a strong value rating, OMV AG is positioned well for long-term success. Additionally, the company has displayed resilience and momentum, indicating a stable and potentially growing future. While growth scores slightly lower, the overall outlook for OMV AG appears positive for investors seeking a company with strong fundamentals.

OMV AG sells refined products, including plastics, to various industries such as automotive, electrical, and construction. With a focus on value, dividends, and resilience, the company shows promise for sustained performance in the energy sector. Investors looking for a company with a balanced approach to growth and stability may find OMV AG to be a favorable long-term investment option based on its Smartkarma Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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