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| Name | Symbol | Market | Type |
|---|---|---|---|
| Mol Magyar Olay Es Gazipari Rt (PK) | USOTC:MGYOY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0345 | 0.86% | 4.05 | 3.83 | 4.10 | 4.0675 | 3.91 | 4.04 | 108,958 | 21:02:33 |
From Jul 2019 to Jul 2024
By Marton Eder
BUDAPEST--Hungarian oil and gas company MOL Nyrt. (MOL.BU) expects hydrocarbon output of 114,000-121,000 barrels of oil equivalent a day in 2012, MOL's Chief Financial Officer Jozsef Simola said Tuesday.
"We expect hydrocarbon output above the 114,000 Boe/day average in the second quarter, but below the 121,000 Boe/day figure forecast at the end of the first quarter," Mr. Simola said in a conference call with journalists after the company released second-quarter earnings earlier Tuesday.
The chief financial officer said MOL expects average oil price to stay above $100 in 2012 with the margin between the Brent and Ural baskets, that are indicative for the company's operations, to remain below $1.
MOL registered net profit of 700 million forints ($3.1 million) in the second quarter of 2012, a 99% plunge from the corresponding period of last year. The figure was below analyst expectations of HUF25.5 billion in net profits.
Company Web site: www.mol.hu
- Write to Marton Eder at marton.eder@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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