We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Omv Ag Bearer (PK) | USOTC:OMVKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0695 | -0.59% | 11.77 | 11.76 | 12.00 | 12.00 | 11.77 | 12.00 | 4,215 | 21:00:29 |
By Giulia Petroni
OMV AG (OMV.VI) said Thursday that net profit for the fourth quarter of 2019 fell, and raised its upstream production guidance.
The Austrian oil-and-gas company reported quarterly profit of 355 million euros ($392.3 million) down from EUR608 million in the year-earlier period.
On an adjusted basis, net profit fell to EUR310 million from EUR490 million for the same period a year earlier. A FactSet-compiled consensus had OMV's adjusted net profit at EUR380 million.
Sales decreased to EUR6.07 billion from EUR6.64 billion, the company said. A FactSet-compiled consensus had sales at EUR6.14 billion.
OMV said total upstream production in the quarter rose to 505,000 barrels of oil equivalent a day from 447,000 barrels of oil equivalent a day the previous year.
Looking ahead, the company said it expects production to be around 500,000 barrels of oil equivalent a day in 2020, depending on the security situation in Libya.
OMV said it expects its organic capital expenditure, which excludes acquisitions, to be about EUR2.4 billion in the full-year, up from EUR2.3 billion in 2019.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
February 06, 2020 01:51 ET (06:51 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Omv Ag Bearer (PK) Chart |
1 Month Omv Ag Bearer (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions