OMV is an international energy company with activities in Exploration and Production (E&P), Refining and Marketing including petrochemicals (R&M), and Gas and Power (G&P). Co. explores and develops oil and gas resources and supply energy to over 100 million people. OMV has three operating segments: Exploration and Production (E&P), Refining and Marketing, including petrochemicals (R&M), and Gas and Power (G&P), as well as the segment Corporate and Other (Co&O).
  • TickerOMV
  • ISINAT0000743059
  • ExchangeVienna Stock Exchange
  • SectorOil & Gas Producers
  • CountryAustria

Analysts

Research Team

The Rear-View Mirror – EME markets: ASE rallied in February

EME Equity Market – February 2019 Market performance – ASE Index up 11.5% mom in February. The ASE index outperformed its rivals in February, rising by 11.5%, following a mom gain of 3.5% in January. Bucharest was the second-best performer, up 10.2% in February, while Prague’s PX recorded a mom gain of 3.2%. The MSCI EME was in correction mode in February, losing 1.6% mom, following January’s double-digit growth of 11.3% mom; while the MOEX and BUX both lost 1.3% mom in February; and the Turkish ISE30 was down 2.1% mom. Last but not least, the worst performer was the WIG20, which recorded a lo...

Omv Ag – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

OMV

OMV

Research Team

WOOD Morning (6 February)

HEADLINES: • MLP Care: robust even in a recession (stays BUY) • MONETA Money Bank: posts strong 4Q18, strong guidance and raises dividends guidance POSITIVE • Rosneft: 4Q18 - earnings suppressed by more write-downs, but FCF & leverage reduction still on track • Raiffeisen Int.: posts mediocre preliminary 4Q18 net profit, with some negative one-offs NEGATIVE • CME: 4Q18 results review - OIBDA up 19% yoy, in line with guidance and our estimates NEUTRAL • OMV: 4Q18 results and EUR 1.75 DPS proposal • OMV Petrom: 4Q18 results and an 8% dividend yield • Lotos: 4Q18 preliminary estimates, bette...

OMV AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot: OMV AG - September 2017 (LTM) 19 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

OMV AG - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  OMV AG - June 2017 (LTM) 4 October 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

OMV AG: OMV has financial flexibility to build upstream operations

CORPORATES CREDIT OPINION 12 June 2017 Update RATINGS OMV AG Domicile Vienna, Austria Long Term Rating Baa1 Type LT Issuer Rating - Fgn Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Elena Nadtotchi 44-20-7772-5380 VP-Sr Credit Officer [email protected]

OMV AG - March 2017 (LTM): Peer Snapshot

Peer Snapshot:  OMV AG - March 2017 (LTM) 9 June 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-14 FYE Dec-15 LTM Dec-16

OMV AG - December 2016 (LTM): Peer Snapshot

Peer Snapshot:  OMV AG - December 2016 (LTM) 19 May 2017 (in US millions) FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16

Research Team

The Rear-View Mirror – EME markets: ASE rallied in February

EME Equity Market – February 2019 Market performance – ASE Index up 11.5% mom in February. The ASE index outperformed its rivals in February, rising by 11.5%, following a mom gain of 3.5% in January. Bucharest was the second-best performer, up 10.2% in February, while Prague’s PX recorded a mom gain of 3.2%. The MSCI EME was in correction mode in February, losing 1.6% mom, following January’s double-digit growth of 11.3% mom; while the MOEX and BUX both lost 1.3% mom in February; and the Turkish ISE30 was down 2.1% mom. Last but not least, the worst performer was the WIG20, which recorded a lo...

OMV

OMV

Research Team

The Rear-View Mirror: EME Markets – Only Bucharest’s BET in the red in January

EME Equity Market – January 2019 Market performance – only Bucharest in negative territory in January. In January, the Turkish ISE was the best performer (+17%); while the Russian MOEX was second (+12.8%); and the MSCI EME recorded double-digit growth of 11.3%; followed by Budapest, with the BUX up 6.1%; and Prague’s PX +5.7%, just above the WIG20, which gained 5.6% mom. The Greek ASE also saw a gain (+3.5%), while Bucharest’s BET was the only one in the red, falling by 7.5% mom.

Research Team

The Rear-View Mirror – EME markets: All markets down in December, highest loss in Romania

EME Equity Market – December 2018 Market performance – all markets down in December. The BET index reported the highest loss, of 14.7%, in December; while the MSCI EME was down 4.3%, vs. November’s 2.2% gain; the Turkish ISE recorded a loss of 6.2%, following the 13.3% mom rise in November; Prague’s PX index fell 6.8%, after November’s flat performance; Moscow’s index lost 5.9%, vs. the 0.5% loss in the previous month; Budapest’s BUX ended December with a loss of 1.7%; and Greece’s ASE lost 2.7%; while Warsaw’s WIG20 fell 0.9% (all performances measured in EUR terms).

Research Team

WOOD Morning (6 February)

HEADLINES: • MLP Care: robust even in a recession (stays BUY) • MONETA Money Bank: posts strong 4Q18, strong guidance and raises dividends guidance POSITIVE • Rosneft: 4Q18 - earnings suppressed by more write-downs, but FCF & leverage reduction still on track • Raiffeisen Int.: posts mediocre preliminary 4Q18 net profit, with some negative one-offs NEGATIVE • CME: 4Q18 results review - OIBDA up 19% yoy, in line with guidance and our estimates NEUTRAL • OMV: 4Q18 results and EUR 1.75 DPS proposal • OMV Petrom: 4Q18 results and an 8% dividend yield • Lotos: 4Q18 preliminary estimates, bette...

Research Team

WOOD Morning (5 February)

HEADLINES: • CD Projekt: good, better, Cyber (stays HOLD) • Bank Millennium: posts solid 4Q18, but merger and FX mortgage saga in focus POSITIVE • Ferrexpo: down 8% on audit concerns NEGATIVE • Russia macro: upward revisions to 2018 GDP • Turkey macro: disinflation path on hold temporarily • Severstal: 4Q18 DPS at RUB 32.08 - 3% quarterly yield, 16% in 2018; reiterates 2019E capex budget NEUTRAL • Kofola: announces sale of Polish subsidiary POSITIVE • Wizz Air: traffic growth down to 9.5% in January, load factor at 88.1% NEUTRAL • Turkish automotive: January sales down 59% yoy; Ford Otosan...

Research Team

WOOD Morning (28 January)

HEADLINES: • Sberbank: lifting of Rusal sanctions positive news POSITIVE • Erste Bank: issues profit expectations for 2018E, proposes 2018E DPS of EUR 1.4 NEUTRAL • MMK: 4Q18 trading update - in line with expectations • PGNiG: 4Q18 operating results • OMV: to acquire 15% of ADNOC refining for USD 2.5bn • PGE: DGP speculates on Ostroleka and market consolidation • MONETA Money Bank: 4Q18E preview (due on 6 February) • Short News (BFT, PKP)

Research Team

WOOD Morning (12 November)

HEADLINES: • Greek banks: Athens trip notes - no magic bullet (Alpha, Eurobank, NBG and Piraeus stay BUY) • Vakifbank: 3Q18 highlights - positive on financial standing POSITIVE • BIM: 3Q18 results - 21% beat on EBITDA, with another upward guidance revision POSITIVE • Georgia Healthcare Group: 3Q18 results broadly in line, but healthcare earnings remain soft NEUTRAL • Gubretas: 3Q18 review - operational improvements, but bottom line disappoints again NEUTRAL • OMV: forms joint venture with Sapura Energy • Inter Cars: October sales up 21.1% yoy (+15.5% yoy if adjusted for working days) POSIT...

Research Team

WOOD Morning (7 November)

HEADLINES: • Russian telecoms: Racing towards the digital goal (initiating on Mobile TeleSystems with a BUY and Rostelecom with a HOLD) • MONETA Money Bank: solid 3Q18, NII restarts growth trend, but market focus still on M&A POSITIVE • Bank Pekao: solid delivery in 3Q18, but beat driven by one-off gain NEUTRAL • ING BSK: solid set of 3Q18, but may still be too little to deliver on our 2018E net profit forecast NEUTRAL • Rosneft: strong 3Q18 results, commitment to cost and capital discipline reiterated • Graphisoft Park: 3Q18 - strong top-line growth, driven by delivery of new space • Turk ...

OMV AG sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of OMV AG (AT), a company active in the Integrated Oil & Gas industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 22, 2019, the closing price was EUR 42.16 and its potential was estimated at EUR 47.74.

OMV

OMV

OMV

OMV

OMV AG (OMV) - Oil & Gas - Deals and Alliances Profile

Summary OMV Aktiengesellschaft (OMV) is an integrated oil and gas company. It explores for, develops and produces natural gas and crude oil. The company explores oil fields in Central and Eastern Europe; North Sea; and the Middle East and Africa. OMV also explores fields in selected development areas in New Zealand, Australia, and Madagascar; and Russia. It refines crude oil, and processes that into petroleum products. The company operates refineries in Austria, Germany, and Romania. OMV carries out gas transit through and transport within Austria, gas storage, marketing, and trading operatio...

OMV AG (OMV) - Power - Deals and Alliances Profile

Summary OMV Aktiengesellschaft (OMV) is an integrated oil and gas company. It explores for, develops and produces natural gas and crude oil. The company explores oil fields in Central and Eastern Europe; North Sea; and the Middle East and Africa. OMV also explores fields in selected development areas in New Zealand, Australia, and Madagascar; and Russia. It refines crude oil, and processes that into petroleum products. The company operates refineries in Austria, Germany, and Romania. OMV carries out gas transit through and transport within Austria, gas storage, marketing, and trading operatio...

Omv Ag – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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