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
Jonathan Lamb

WOOD Flash – European natural gas monthly: June 2020

The most striking data for the month of June come from LNG supplies, which are down 3.6 BCM vs. May’s volumes, a significant drop. Low prices are triggering reductions in LNG production in the US, confirming its role as the marginal source of supply. For the first time in months, TTF gas prices actually rose, up 10% vs. May, to reach the less than dizzying heights of EUR 5.0/MWh. The direction may be positive, but this is still 52% below the price level of June 2019, itself a record low at the time. Demand figures for April are available, and EU gas demand fell by 14%, whilst declines in Centr...

Austrian, CEE & Russian Favourite Stock List July 2020

AUSTRIA: - CA Immo, Buy, TP EUR 39.0 - Frequentis, Buy, TP EUR 22.0 - OMV, Buy, TP EUR 37.0 - Telekom Austria, Buy, TP EUR 7.50 CEE: - Lotos, Buy, TP PLN 75.0 - Digi Communications, Buy, TP RON 47.0 RUSSIA: - Detskiy Mir, Buy, TP RUB 129.0 - Moscow Exchange, Buy, TP USD 131.0

Raiffeisen Centrobank Equity Daily 25.06.2020

 AT: Flughafen Wien - Tariff adjustments to incentivice traffic recovery (neutral)  AT: OMV, Verbund - OMV, Verbund and Lafarge team up to build carbon capture plant until 2030 (neutral)  AT: Zumtobel - 4Q earnings and margin lived up to RCBe despite revenue shortfall, strong CF generation, FY 20/21e outlook suspended (positive)  HR: Ericsson Nikola Tesla - Developing a 5G network for Hrvatski Telekom (neutral)  HR: Hrvatski Telekom - Continuation of cooperation with Ericsson Nikola Tesla on 5G network development (neutral)  PL: LPP - 1Q 20/21 broadly in line with preliminaries, net loss...

Raiffeisen Centrobank Equity Daily 16.06.2020

 AT: Atrium - Scrip dividend option approved at EGM (neutral)  AT: IMMOFINANZ - Considering capital increase and/or issuance of mandatory convertible bonds (negative)  AT: Kapsch TrafficCom - FY 19/20 results as bad as preliminaries suggested, 2020/21 EBIT seen clearly positive, though challenging, low-visibility 1H ahead (neutral)  AT: OMV/Verbund - Verbund submits binding offer to buy Gas Connect Austria from OMV (neutral)  AT: UBM - Forward sale of Munich residential project (positive)  PL: Bank Pekao - The bank might soon appoint a new CRO (neutral)  PL: Lotos - Refining output in M...

CEE Oil & Gas Sector Companies Update

We expect the oil price to continue its recovery, being mainly supported by the willingness of OPEC and its allies to lower their production, but also by a gradual lifting of Covid-19 related restrictions. Lack of production in Libya (due to the security situation) and a sharp decline of oil output in the USA (as a result of depressed oil prices) also help to balance the global oil market. We forecast the price of Brent to stay above USD 40/bbl in 2H 20e and reach an average price of USD 50/bbl in 2021e. According to our estimates, the global oil market could be rebalanced (i.e. demand to equa...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

The Pause that Refreshes? We continue to believe the weight of the evidence points to a new leg higher for global equities, a viewpoint that is supported by the several international markets that are breaking out to new highs or making bullish inflections since our previous Int'l Compass (10/31/19). While developments continue to lean bullish, global equities have rallied substantially since the start of October, making it perfectly reasonable to expect some consolidation of recent gains which would allow for a more meaningful move higher. • New Highs or Bullish Inflections. The number of in...

OMV AG: 1 director bought

A director at OMV AG bought 970 shares at 30.500EUR and the significance rating of the trade was 53/100. 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 members ...

Jonathan Lamb

WOOD Flash – European natural gas monthly: June 2020

The most striking data for the month of June come from LNG supplies, which are down 3.6 BCM vs. May’s volumes, a significant drop. Low prices are triggering reductions in LNG production in the US, confirming its role as the marginal source of supply. For the first time in months, TTF gas prices actually rose, up 10% vs. May, to reach the less than dizzying heights of EUR 5.0/MWh. The direction may be positive, but this is still 52% below the price level of June 2019, itself a record low at the time. Demand figures for April are available, and EU gas demand fell by 14%, whilst declines in Centr...

Austrian, CEE & Russian Favourite Stock List July 2020

AUSTRIA: - CA Immo, Buy, TP EUR 39.0 - Frequentis, Buy, TP EUR 22.0 - OMV, Buy, TP EUR 37.0 - Telekom Austria, Buy, TP EUR 7.50 CEE: - Lotos, Buy, TP PLN 75.0 - Digi Communications, Buy, TP RON 47.0 RUSSIA: - Detskiy Mir, Buy, TP RUB 129.0 - Moscow Exchange, Buy, TP USD 131.0

Raiffeisen Centrobank Equity Daily 25.06.2020

 AT: Flughafen Wien - Tariff adjustments to incentivice traffic recovery (neutral)  AT: OMV, Verbund - OMV, Verbund and Lafarge team up to build carbon capture plant until 2030 (neutral)  AT: Zumtobel - 4Q earnings and margin lived up to RCBe despite revenue shortfall, strong CF generation, FY 20/21e outlook suspended (positive)  HR: Ericsson Nikola Tesla - Developing a 5G network for Hrvatski Telekom (neutral)  HR: Hrvatski Telekom - Continuation of cooperation with Ericsson Nikola Tesla on 5G network development (neutral)  PL: LPP - 1Q 20/21 broadly in line with preliminaries, net loss...

Raiffeisen Centrobank Equity Daily 16.06.2020

 AT: Atrium - Scrip dividend option approved at EGM (neutral)  AT: IMMOFINANZ - Considering capital increase and/or issuance of mandatory convertible bonds (negative)  AT: Kapsch TrafficCom - FY 19/20 results as bad as preliminaries suggested, 2020/21 EBIT seen clearly positive, though challenging, low-visibility 1H ahead (neutral)  AT: OMV/Verbund - Verbund submits binding offer to buy Gas Connect Austria from OMV (neutral)  AT: UBM - Forward sale of Munich residential project (positive)  PL: Bank Pekao - The bank might soon appoint a new CRO (neutral)  PL: Lotos - Refining output in M...

CEE Oil & Gas Sector Companies Update

We expect the oil price to continue its recovery, being mainly supported by the willingness of OPEC and its allies to lower their production, but also by a gradual lifting of Covid-19 related restrictions. Lack of production in Libya (due to the security situation) and a sharp decline of oil output in the USA (as a result of depressed oil prices) also help to balance the global oil market. We forecast the price of Brent to stay above USD 40/bbl in 2H 20e and reach an average price of USD 50/bbl in 2021e. According to our estimates, the global oil market could be rebalanced (i.e. demand to equa...

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

Research Team

WOOD Daily: GR Banks; MONET CP; FROTO TI; LPP PW; SAR GA; ULKER TI; GR Macro; TL Macro; GPW PW; TPE PW; European Natural Gas; KCEL KZ; WIZZ LN; EME Strategy – MSCI; WPL PW; CPS PW; ENJSA TI; BRD RO; MGROS TI; SOKM TI; OTP HB; BIMAS TI

HEADLINES: • Greek banks: groundhog day (Eurobank and NBG stay BUY, Alpha downgraded to HOLD, Piraeus stays HOLD) • MONETA Money Bank: posts solid 1Q20 and issues updated (and partial) 2020E guidance POSITIVE • Ford Otosan: 1Q20 results - 12% beat on EBITDA, but outlook revised down POSITIVE • LPP: preliminary 1Q EBIT loss of PLN 265m NEGATIVE • Sarantis: stellar 1Q20 performance POSITIVE • Ulker: 1Q20 results - operationally in line, miss on net profit NEUTRAL • Greece macro: faring better than most • Turkey macro: inflation update • Warsaw Stock Exchange: April trading update - strong vo...

Research Team

WOOD Daily: YNDX US; BIZIM TI; AKBNK TI; TCELL TI; KCEL KZ; OPL PW; OMV AV; RU Macro; HU Macro; SPL PW; PL Banks; KER PW; AEFES TI; MOEX RX; RICHT HB; PL Telecoms; CPS PW; GARAN TI; NLMK LI; SBER RX

HEADLINES: • Yandex: 1Q20 results - gaining market share POSITIVE • Bizim Toptan: 1Q20 results - miss on EBITDA due to opex/sales ratio increase NEGATIVE • Akbank: 1Q20 results review - known unknowns NEUTRAL • Turkcell: 1Q20 results - 12% NI beat, driven by lower-than-expected financial expense and tax rate NEUTRAL • Kcell: 1Q20 results - strong, as expected, adjusted EBITDA up 13% yoy, in line with our forecasts NEUTRAL • Orange Polska: 1Q20 results - strong, with a 4.6% beat vs. consensus on adjusted EBITDAaL POSITIVE • OMV: 1Q20 results • Russia macro: no change of strategy • Hungary ma...

Research Team

WOOD Daily: Emerging Europe Refining; RU Energy; TL Macro; RU Macro; FIVE LI; WXF AV; NLMK LI; PL Banks; PEO PW; SVST LI; CCC PW; FMF PW; TEN PW; OMV AV; SNP RO; HTO GA

HEADLINES: • Emerging Europe refining: time to wash your hands of refining? (Hellenic Petroleum, Lotos, MOL, Motor Oil Hellas, NIS, OMV, OMV Petrom, PKN Orlen, Tupras) • Russian oil & gas: risk/reward less attractive (Lukoil and Tatneft downgraded to HOLD, Rosneft upgraded to BUY) • Turkey macro: fearless • Russia macro: CBR cuts key rate by 50bps to 5.50% • X5: 1Q20 in line, margin dilution, despite strong demand • Warimpex: 4Q19 - capping a successful year, COVID-19 not an existential issue • NLMK: cuts previously recommended 4Q19 dividend NEGATIVE • Polish banks: credit holidays to tu...

Research Team

WOOD Daily: CEE Banks; CEE Consumers; GPW PW; MNOD LI; MOL HB; OMV AV; SNP RO; LPP PW; MOEX RX; SNN RO; CAI AV; RICHT HB

HEADLINES: • CEE banks: there are no winners, just survivors (coverage universe update) • CEE consumers: #stayathome (coverage universe update) • Warsaw Stock Exchange: 4Q19 EBIT misses consensus by 8% on higher-than-expected opex NEGATIVE • Norilsk Nickel: declares final dividend in line with expectations, and nominates new Board NEUTRAL • MOL: update on business conditions, dividend suspended • OMV: 1Q20 trading update • OMV Petrom: 1Q20 trading update • LPP: CEO expects stores to re-open in June NEUTRAL • Moscow Exchange: number of retail brokerage accounts in Russia up 7% mom in April...

Research Team

WOOD Daily: ALRS RM; SAR GA; TL Automotive; OPL PW; CCC PW; OPAP GA; EU Refining and Petrochemicals; CIE PW; MOEX RX; ULKER TI; OMV AV; FMF PW

HEADLINES: • Alrosa: diamond market on lockdown (stays BUY) • Sarantis: FY19 results, higher bottom line due to FX gains • Turkish automotive: sharp drop in March registrations due to COVID-19 - brace for the worst NEGATIVE • Orange Polska: evaluation of coronavirus epidemic impact on 2020E outlook NEUTRAL • CCC: takeaways from the management call NEUTRAL • OPAP: conference call takeaways • European refining and petrochemicals margins monthly: March 2020 POSITIVE • Ciech: capex on salt plant in Germany to be 40% above initial plan NEGATIVE • Moscow Exchange: March trading volumes - equities...

OMV AG reduces its risk exposure and slightly improves to Neutral

The independent financial analyst theScreener just allocated a lower risk rating to OMV AG (AT), active in the Integrated Oil & Gas industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date May 5, 2020, the closing price was EUR 30.32 and its expected value was estimated at EUR 29.96.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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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