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 Aktiengesellschaft

OMV Aktiengesellschaft

Raiffeisen Centrobank Equity Daily 06.02.2020

 AT: FACC - Coronavirus currently does not significantly impact production (neutral)  AT: OMV - 4Q 19 clean CCS result 6% below consensus, 2020 outlook uninspiring, 2019 DPS of EUR 2.0 beats estimates (negative)  AT: RBI - Preliminary 4Q 19 consolidated net profit of EUR 353 mn vs. EUR 264 mn expected  AT: UNIQA - According to sources UNIQA put in highest bid for AXA CEE assets and is in advanced talks (neutral)  AT: voestalpine - Slightly lower than flagged one-offs in 3Q but underlying earnings largely in line, tax-driven EPS beat, FY EBITDA of EUR 1.2 bn and barely positive EBIT conf...

Research Team

WOOD Daily: YKBNK TI; RO Macro; RBI AV; KOMB CP; MONET CP; ING PW; MBK PW; TGN RO; SNN RO; OTKAR TI; SNP RO; OMV AV; CETV US; KTY PW; PL Macro; STCK LN; MMK LI; TOASO TI; PKN PW; SAHOL TI; RICHT HB; YNDX US

HEADLINES: • Yapi Kredi: our take on the UCG ABB POSITIVE • Romania macro: government falls after vote of no confidence NEUTRAL • Raiffeisen Int.: strong net profit on one-offs in other income, no guidance on 2020E, DPS at EUR 1 NEUTRAL • Komercni Banca: miss on bottom line in 4Q19, but surprise to the upside with DPS recommendation NEUTRAL • MONETA Money Bank: 4Q19 - below consensus, but raises mid-term guidance to reflect impact of M&A POSITIVE • ING BSK: 4Q19 results broadly in line with our forecasts NEUTRAL • mBank: posts neutral set of results as market focuses on merger NEUTRAL • Transg...

Jonathan Lamb

WOOD Flash – European natural gas monthly: January 2020

Oversupply continues to be the name of the game in the gas market. LNG volumes were flat on the previous month but 22% above the same month last year. Even with lower Russian and North African volumes, inventories remain stubbornly high and prices depressingly low. Gas prices fell even lower than in December, to EUR 11.7/MWh, down 12% on the previous month. EU-wide inventories declined 12% from December, but were still 32% above the level of January 2019, and above the average peak level over the last decade. We believe the story of gas price recovery would be best followed by watching how inv...

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

OMV Aktiengesellschaft

Raiffeisen Centrobank Equity Daily 06.02.2020

 AT: FACC - Coronavirus currently does not significantly impact production (neutral)  AT: OMV - 4Q 19 clean CCS result 6% below consensus, 2020 outlook uninspiring, 2019 DPS of EUR 2.0 beats estimates (negative)  AT: RBI - Preliminary 4Q 19 consolidated net profit of EUR 353 mn vs. EUR 264 mn expected  AT: UNIQA - According to sources UNIQA put in highest bid for AXA CEE assets and is in advanced talks (neutral)  AT: voestalpine - Slightly lower than flagged one-offs in 3Q but underlying earnings largely in line, tax-driven EPS beat, FY EBITDA of EUR 1.2 bn and barely positive EBIT conf...

Jonathan Lamb

WOOD Flash – European natural gas monthly: January 2020

Oversupply continues to be the name of the game in the gas market. LNG volumes were flat on the previous month but 22% above the same month last year. Even with lower Russian and North African volumes, inventories remain stubbornly high and prices depressingly low. Gas prices fell even lower than in December, to EUR 11.7/MWh, down 12% on the previous month. EU-wide inventories declined 12% from December, but were still 32% above the level of January 2019, and above the average peak level over the last decade. We believe the story of gas price recovery would be best followed by watching how inv...

Research Team

The Rear-View Mirror – EME markets: Consumer staples best performer in January, Hungarian BUX the weakest

EME Equity Market – January 2020 Market performance – Hungarian BUX the weakest performer in January, by far. While the MSCI Emerging Markets Europe Index lost 0.6% in EUR terms and 2.3% in LCU terms in January, the Hungarian BUX was down 8.3% in EUR terms and 6.5% in HUF terms. The Polish WIG20 also fell quite substantially, -4.9% in EUR terms and -3.9% in PLN terms; followed by Prague’s PX Index, which dropped 3.1% in EUR terms and -3.9% in CZK terms. While the MOEX Index lost 0.8% in EUR terms, it added 1.0% in local currency. The Greek ASE Index showed a decline of 0.6% in EUR terms. Only ...

Research Team

WOOD Daily: ESI, MIL PW, PKO PW, AKBNK TI, OPAP GA, KTY PW, TEN PW, MNOD LI, SVST LI, OMV AV, GPW PW

HEADLINES: • EME Macro/Strategy: recovery - part one in place, three more to go • Bank Millennium: posts PLN 27m of net profit; underlying results much better than expected NEUTRAL • PKO BP: higher hit on FX mortgage and early consumer loan repayments than our initial take NEGATIVE • Akbank: 4Q19 results review NEGATIVE • OPAP: decision to repay early a EUR 200m bond issued in 2017 • Kety: amended 2019E forecasts imply significant beat vs. 4Q19 preliminary figures POSITIVE • Ten Square: January 2020 sales data from Sensor Tower • Norilsk Nickel: 4Q19 trading update • Severstal: 4Q19 - EBIT...

OMV AG: 1 director sold

A director at OMV AG sold 477 shares at 53.420EUR and the significance rating of the trade was 52/100. 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 al...

Research Team

WOOD Daily: YKBNK TI; RO Macro; RBI AV; KOMB CP; MONET CP; ING PW; MBK PW; TGN RO; SNN RO; OTKAR TI; SNP RO; OMV AV; CETV US; KTY PW; PL Macro; STCK LN; MMK LI; TOASO TI; PKN PW; SAHOL TI; RICHT HB; YNDX US

HEADLINES: • Yapi Kredi: our take on the UCG ABB POSITIVE • Romania macro: government falls after vote of no confidence NEUTRAL • Raiffeisen Int.: strong net profit on one-offs in other income, no guidance on 2020E, DPS at EUR 1 NEUTRAL • Komercni Banca: miss on bottom line in 4Q19, but surprise to the upside with DPS recommendation NEUTRAL • MONETA Money Bank: 4Q19 - below consensus, but raises mid-term guidance to reflect impact of M&A POSITIVE • ING BSK: 4Q19 results broadly in line with our forecasts NEUTRAL • mBank: posts neutral set of results as market focuses on merger NEUTRAL • Transg...

Research Team

WOOD Daily: UZ Macro; OMV AV; SNP RO; TL Macro; CZ Macro; GR Macro; TLV RO

HEADLINES: • Frontier Market Strategy: Uzbekistan - coming to market • OMV: 4Q19 operational results, production hits half a million • OMV: starts gas production from Larak field in Malaysia • OMV Petrom: 4Q19 operational results • Turkey macro: November current account worsens, but surveys signal it is transitory • Czech Republic macro: inflation update • Greece macro: inflation update • Banca Transilvania: small acquisition in Moldova

Research Team

Focus: EMEA Natural Gas – keeping our BUY on MOL, and our HOLDs on OMV Petrom and PGNiG, and downgrading OMV to HOLD and Romgaz to SELL; upgrading CCC to BUY, with lower PLN 146 PT; Eurobank’s 3Q19 – solid numbers, remains our best pic

HEADLINES: • EMEA natural gas: gas trick ulcers (MOL stays BUY, OMV downgraded to HOLD, OMV Petrom and PGNiG stay HOLD, Romgaz downgraded to SELL) • CCC: slowing down to turn the corner (upgraded to BUY) • Eurobank: 3Q19 - solid numbers, remains our best pick • National Bank: 3Q19 - beat driven by trading income, but core trends reassuring • Aegean Airlines: 3Q19 - lower than our expectations, in line with consensus NEUTRAL • JSW: 3Q19 financial results - EBITDA above PAP consensus, but greater FCF losses qoq • CD Projekt: 3Q19 results in line on bottom line NEUTRAL • Krka: 3Q19 result...

Research Team

Focus: keeping our BUY on 11 bit studios, with a lower PLN 464 PT; LPP’s 3Q broadly in line with prelims, FY19E gross margin guidance cut by 1ppt; Wirtualna Polska – decent 3Q19 results, with adjusted EBITDA ex.IFRS 16 up 17% yoy

HEADLINES: • 11 bit studios: let's play it again... (stays BUY) • LPP: 3Q broadly in line with prelims; FY19E gross margin guidance cut by 1ppt • Wirtualna Polska: decent 3Q19 results, with adjusted EBITDA ex.IFRS 16 up 17% yoy POSITIVE • Norilsk Nickel: Capital Markets Day - long-term production growth NEGATIVE • PKO BP: claims technological leadership in banking • Orange PL: starts negotiations with trade unions on voluntary redundancies for 2020-21E NEUTRAL • OMV: agrees to divest its stake in the Maari Field, New Zealand • Pegasus Airlines: coverage under review • Fourlis: 3Q19E - en...

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 ...

OMV Aktiengesellschaft

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 2 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 17, 2020, the closing price was EUR 48.33 and its potential was estimated at EUR 56.03.

OMV Aktiengesellschaft

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...

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...

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