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

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

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: 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)

Research Team

Focus: Alior Bank to book PLN 140m in relation to defaulted loan exposures to a “food sector” company; Magyar Telekom signs Heads of Terms for the sale of T-Systems Hungary to 4iG; CME – PPF interested in buying CME's Slovakian segment

HEADLINES: • Alior Bank: to book PLN 140m in relation to defaulted loan exposures to a "food sector" company NEGATIVE • Magyar Telekom: signs Heads of Terms for the sale of T-Systems Hungary to 4iG NEUTRAL • CME: PPF interested in buying CME's Slovakian segment, according to Dennik N NEUTRAL • OMV: 2Q19 trading statement • OMV Petrom: 2Q19 trading statement • Short News (IDA)

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

OMV

Research Team

The Rear-View Mirror – EME markets: Strong month for telecoms, up 11.5% overall in June

EME Equity Market – June 2019 Market performance – ISE30 index the best performer in June, gaining 6.7% in LCU. Other markets were generally stronger in June than in May, with the MSCI EME gaining 6.3% mom in local currency (vs. 0.9% mom in May). Turkey’s ISE30 index gained 6.7% mom, while the ASE increased by 4.6% mom. Bucharest’s BET and Moscow’s MOEX indices gained 3.8% mom each in June, while the Polish WIG20 increased by 3.9% mom. On the other hand, the Czech Republic PX fell 0.2% mom, while Hungary’s BUX dropped 1.5% mom. (All in local currencies.)

Research Team

The Rear-View Mirror – EME markets: Another strong month for ASE index, up 7.4% mom

EME Equity Market – May 2019 Market performance – ASE index the best performer, up 7.4% mom in May. In May, the MSCI EME improved by 0.9% mom. The ASE index rose by 7.4% in May, following a mom rise of 7.2% in April; while Moscow’s index gained 4.1%; and Bucharest’s BET index was up 0.6% mom. On the other hand, the worst performer was Turkey’s ISE30, down 4.8% mom; while the WIG20 index saw mom losses of 4.1%; the BUX index fell 3.8% in May; and Prague’s PX index dropped 2.3% mom.

Jonathan Lamb ...
  • Ondrej Slama

Emerging Europe Refining: Refining’s ship is coming in, IM(H)O (Hellenic Petroleum, Lotos, MOL, Motor Oil Hellas, NIS, OMV, OMV Petrom, PKN Orlen, Tupras)

In this report, we update our view on the refining sector, ahead of the IMO 2020 regulations that will be implemented at the beginning of next year, which will reduce the demand for high sulphur fuel oil (HSFO) and increase the consumption of diesel. The change is also likely to have a dramatic impact on the need for, and the price of, different grades of crude oil. This is all overlaid on a refining market where supply is growing more rapidly than demand, and yet may force restructuring in the sector, as low complexity refineries are made to close. Although not all refiners are created equal,...

OMV - Standing Out From The Rest

OMV – Earnings Revision Rating: Accumulate (prev. BUY) Target Price (12-m): HUF 52.7 (prev. EUR 57.0) Current share price: EUR 48.4     We cut our long-term Brent oil price estimates from USD 70/bbl to USD 65/bbl due to increasing growth fears. Accordingly, we reduced our 12-m TP from EUR 57 to EUR 52.7, yet implying a 9% upside potential from the current share price (which with a DIVY of 4.9% may result in a total return of ca. 14%).   Dividend should remain on a progressive path thanks to the continued strong free cash flow generating ability. FCY is expected to be ca.7pc this year ...

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: 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)

Research Team

Focus: Alior Bank to book PLN 140m in relation to defaulted loan exposures to a “food sector” company; Magyar Telekom signs Heads of Terms for the sale of T-Systems Hungary to 4iG; CME – PPF interested in buying CME's Slovakian segment

HEADLINES: • Alior Bank: to book PLN 140m in relation to defaulted loan exposures to a "food sector" company NEGATIVE • Magyar Telekom: signs Heads of Terms for the sale of T-Systems Hungary to 4iG NEUTRAL • CME: PPF interested in buying CME's Slovakian segment, according to Dennik N NEUTRAL • OMV: 2Q19 trading statement • OMV Petrom: 2Q19 trading statement • Short News (IDA)

Research Team

Focus: Greece Macro/Strategy – cruising steadily, with the occasional bump; CD Projekt – Cyberpunk 2077 release date (16 April 2020), Keanu Reeves on board; Tatneft’s strong 1Q19 results, and conference call

HEADLINES: • Greece Macro/Strategy: cruising steadily, with the occasional bump • CD Projekt: Cyberpunk 2077 release date (16 April 2020), Keanu Reeves on board POSITIVE • Tatneft: strong 1Q19 results, and conference call • Polish gencos: PiS files amendment to the power freeze law • PKN Orlen/Lotos: crude oil delivery resumes to Polish refineries • OMV: to pay EUR 905m for 24.98% Achimov stake • PGNiG: investing in Norway • CEZ: IndMin claims new nuclear tender to launch in a few days NEUTRAL • Inter Cars: May revenue up by 9.2% yoy NEUTRAL • Georgia Capital: announces cancellation of...

Research Team

Focus: Emerging Europe refining – refining’s ship is coming in, IM(H)O (Hellenic Petroleum, Lotos, MOL, Motor Oil Hellas, NIS, OMV, OMV Petrom, PKN Orlen, Tupras); keeping our SELL on Eurocash, with a higher PLN 18.7 PT; Poland macro

HEADLINES: • Emerging Europe refining: Refining's ship is coming in, IM(H)O (Hellenic Petroleum, Lotos, MOL, Motor Oil Hellas, NIS, OMV, OMV Petrom, PKN Orlen, Tupras) • Eurocash: frozen (stays SELL) • Poland macro: growth better, rates steady • Romania macro: not stopping until something forces it to • CCC: 1Q full numbers poor as prelims, Switzerland and marketing to be blamed NEUTRAL • Benefit Systems: 1Q19 results - in line with expectations overall, but very messy NEUTRAL • DIGI Communications: 1Q19 losses deepening due to net finance costs • KGHM: 1Q19 financial results - 8% above co...

Research Team

Focus: transferring coverage of Electrica (BUY), Transelectrica (HOLD) and Transgaz (HOLD); Yapi Kredi’s 1Q19 highlights; Erste Bank posts 6% beat vs. net profit estimates in 1Q19, due to LLPs releases; Komercni Banka posts solid 1Q19

HEADLINES: • Romanian utilities: entering murky waters (Electrica stays BUY, Transelectrica & Transgaz stay HOLD – transfer of coverage) • Yapi Kredi: 1Q19 highlights POSITIVE • Erste Bank: posts 6% beat vs. net profit estimates in 1Q19, due purely to LLPs releases • Komercni Banka: posts solid 1Q19 NEUTRAL • Coca-Cola Icecek: 1Q19 review - weak numbers, with 5% beat on EBITDA; Pakistan issues continue NEUTRAL • BRD-GSG: weaker pre-provision profitability, but write-backs support bottom line • OMV: 1Q19 results, in line • OMV Petrom: 1Q19 results, no surprises • MOL: 1Q19 results • Myti...

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

OMV

OMV

OMV

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...

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