Report
EUR 182.40 For Business Accounts Only

OMV AG: OMV cuts capex and raises capital through divestments to support growth

CORPORATES ISSUER COMMENT 20 February 2017 Contacts Elena Nadtotchi 44-20-7772-5380 VP-Sr Credit Officer [email protected] Anke N. Richter, CFA 44-20-7772-1433 Associate Managing Director [email protected] OMV AG OMV cuts capex and raises capital through divestments to support growth On 16 February 2017, OMV AG (Baa1 stable) reported 2016 operating results. The company's report
Underlying
OMV AG

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).

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Moody's Investors Service
Moody's Investors Service

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