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

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Research Team

The Rear-View Mirror – EME markets: Weak Istanbul, but good month in Hungary

EME Equity Market – October 2019 Market performance – ISE30 index the worst performer among our followed indices, down 10.1% in EUR terms and 7% in local currency terms. The MSCI EME index gained 3.7%, but added 6% in local currency terms. All our followed indices were in the black, bar the BET (-0.8% in EUR) and ISE30 indices (-10.1% in EUR). The BUX Index gained the most (5.9%), followed by MOEX (4.3%) and WSE (3.6%; all performance figures in EUR terms). Prague was also up in October (+1.9%) in EUR terms, while the Athens Stock Exchange index almost matched Prague’s performance, with a gain...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 31/10/2019 - BNP Paribas - FR

BNP Paribas (Conserver) : Résultat avant impôts de €8,9mds (+4,0%) sur les 9M-19 Peugeot / Fiat Chrysler Automobiles (Achat) : 3,7mds de synergies sont à attendre de la fusion Standard Chartered (Achat) - 9M-19 : PNB de $11,7 mds (+2,6%) BBVA (Achat) - 9M-19 : PNB de €18,1 mds ( 3,0%, 3,8% à tcc) Casino (Achat souches courtes, Conserver souches longues): Emission senior de €750m, garantie par une holding regroupant les actifs immobiliers en France General Electric (Achat) - 9M-19 : Perte nette de -$6,0mds (-$23,4mds un an avant) Johnson & J...

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 10/10/2019 - Nexi - EN

Nexi (O/P): Bond Refinancing Banking Sector: Increasing Importance of ESG Criteria Unicredit (O/P): Will Tax Deposits Over €100.000 In 2020 Crédit Mutuel Arkéa (O/P) : Had To Inject €540m In Its Life Insurance Unit Suravenir LVMH (O/P) - 9M19: Revenues Of €38.4bn (+15.9%,+11.0% LfL) Bourbon: Receives Takeover Offer AT&T: To Sell Assets In Puerto Rico For $2,0Bn Codere (U/P): Reduces Its EBITDA Forecast For 2019 By €20m

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 10/10/2019 - Nexi, Secteur Bancaire - FR

Nexi (Achat) : Refinancement obligataire Secteur bancaire : Une prise en compte plus forte des critères ESG Crédit Mutuel Arkéa (Achat) : N’obtient pas une surveillance prudentielle individualisée UniCredit (Achat) : Taxera les dépôts de plus de 100.000 euros en 2020 LVMH (Achat) - 9M19 : CA de €38,4 mds (+15,9% et +11,0% en organique) Bourbon : Annonce avoir reçu une offre de reprise AT&T : Cession de ses activités à Porto Rico et dans les Iles Vierges pour $2,0 mds Codere (Vente) : Réduit de €20m sa prévision d’EBITDA pour l’exe...

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

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Neoh Jiaman

OMV Aktiengesellschaft

Research Team

The Rear-View Mirror – EME markets: Weak Istanbul, but good month in Hungary

EME Equity Market – October 2019 Market performance – ISE30 index the worst performer among our followed indices, down 10.1% in EUR terms and 7% in local currency terms. The MSCI EME index gained 3.7%, but added 6% in local currency terms. All our followed indices were in the black, bar the BET (-0.8% in EUR) and ISE30 indices (-10.1% in EUR). The BUX Index gained the most (5.9%), followed by MOEX (4.3%) and WSE (3.6%; all performance figures in EUR terms). Prague was also up in October (+1.9%) in EUR terms, while the Athens Stock Exchange index almost matched Prague’s performance, with a gain...

1 director bought

A director at Omv Ag bought 2,000 shares at 46.000EUR and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board member...

Research Team

Focus: transferring coverage of OTE with a BUY and a higher EUR 15.6 PT; Magnit’s 3Q19 numbers below expectations due to inventory sell-off, FY19E guidance cut; Santander Bank Polska’s 3Q19 net profit broadly in line with expectations

HEADLINES: • OTE: all about total return (BUY - transfer of coverage) • Magnit: 3Q19 numbers below expectations due to inventory sell-off; FY19E guidance cut NEGATIVE • Santander Bank Polska: 3Q19 net profit broadly in line with expectations NEUTRAL • CCC: 3Q numbers in line with prelims; inventory/sqm down 12% yoy NEUTRAL • Erste Bank: posts solid 3Q19 results NEUTRAL • OMV: 3Q19 results - in line with expectations • OMV Petrom: 3Q19 results • Orange Polska: key takeaways from the 3Q19 earnings call NEUTRAL • Atlantic Grupa: 3Q19 results show positive EBITDA dynamics POSITIVE • Famur: CEO ...

Research Team

Focus: OMV’s 3Q trading results; OMV Petrom’s 3Q operational results, and company makes new gas discovery in Oltenia region; PKO BP does not exclude takeover of banking assets

HEADLINES: • OMV: 3Q trading results • OMV Petrom: 3Q operational results • OMV Petrom: makes new gas discovery in the Oltenia region POSITIVE • PKO BP: does not exclude takeover of banking assets NEGATIVE • Polish banks: antimonopoly office scrutinises banks' FX mortgage contracts NEUTRAL • Polish banks: ZBP claims cancellation of FX mortgage agreements could be unfavourable for clients NEUTRAL • Ulker: not participating in Godiva Belgium capital increase NEUTRAL • Inter Cars: September revenue up by 10.2% yoy • Jeronimo Martins: 3Q19E results preview (due on 23 October) NEUTRAL • Short Ne...

Research Team

Focus: keeping our BUY on Surgutneftegas’ preferred shares and our HOLD on the GDRs; Georgian banks – margin blues – sub-20% ROEs in sight already; Erste Bank – solid 2Q19 delivery, a notch above expectations

HEADLINES: • Surgutneftegas: piggy bank getting bigger... for now (preferred shares stay BUY, GDRs stay HOLD) • Georgian banks: margin blues - sub-20% ROEs in sight already • Erste Bank: solid 2Q19 delivery, a notch above expectations, well on track to deliver on promises • Garanti Bank: 2Q19 results review POSITIVE • OMV: 2Q19 results - strong net income • OMV Petrom: 2Q19 results - net income slightly below expectations • Atrium: 2Q19 - no surprises NEUTRAL • PKP Cargo: 2Q19 preliminary EBITDA misses consensus by 6% NEGATIVE • Pfleiderer: preliminary 1H19 results • EME Macro/Strategy...

Research Team

Focus: Orange Polska’s 2Q19 results – a 2.5% beat on EBITDAaL, strong FCF supported by sale of receivables; Wizz Air’s 1Q20 – EBITDAR a touch above consensus, net profit guidance unchanged (at EUR 320-350m); Novatek’s 2Q19 results

HEADLINES: • Orange Polska: 2Q19 results - a 2.5% beat on EBITDAaL; strong FCF supported by sale of receivables POSITIVE • Wizz Air: 1Q20 - EBITDAR a touch above consensus, net profit guidance unchanged (at EUR 320-350m) POSITIVE • Novatek: 2Q19 results - neutral earnings, much better FCF, remains BUY • Polish retail: tax bill project assumes start date of 1 September NEGATIVE • Polish utilities: another confusing quarter, with prelims revisions likely ahead • Richter: licenses cariprazine to Hikma for MENA region NEUTRAL • Arcelik: 2Q19E preview - solid results expected (due out tomorrow) ...

Research Team

Focus: Jumbo’s FY18/19 sales up 7.8%; Hungarian telecoms – state might acquire 25% stake in Telenor HU this year; Bogdanka announces weak preliminary 2Q19 EBITDA; NLMK’s 2Q19 trading update – in line with expectations

HEADLINES: • Jumbo: FY18/19 sales up 7.8% NEUTRAL • Hungarian telecoms: state might acquire 25% stake in Telenor HU this year NEGATIVE • Bogdanka: announces weak preliminary 2Q19 EBITDA NEGATIVE • NLMK: 2Q19 trading update - in line with expectations • OMV: to invest EUR 64m in Isobutane unit NEUTRAL • Public Power Corporation: no bids in lignite divestment tender NEUTRAL • PKN Orlen: 2Q19E preview (due on 19 July)

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 4 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 September 17, 2019, the closing price was EUR 47.78 and its potential was estimated at EUR 51.00.

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...

Expert Corporate Governance Service (ECGS)

OMV - AGM 14 May 2019

Item 4: Supervisory Board Chairman Peter Löscher will resign from the Board with effect as of the close of the AGM 2019. The Company fails to disclose who will stand for the position of Chairman after the AGM. We raise our concerns over this lack of transparency. In line with our guidelines we would in principle recommend opposing the discharge of the Chairman of the Supervisory Board's Presidential and Nomination Committee ("Chairman's and Nomination Committee"), Peter Löscher. As the discharge is proposed in a bundled resolution, we recommend shareholders to oppose the discharge of the Super...

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...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch