OMV Petrom Group results for January – March 20251 including interim unaudited condensed consolidated financial statements as of and for the period ended March 31, 2025, according to the company.
Highlights Q1/252
Group. Clean CCS Operating Result stood at 1.3 billion lei, 29% lower, reflecting strong operational performance and higher gas prices, offset by lower oil prices and refining margins, as well as regulatory interventions
Net income decreased by 24% to 1.1 billion lei
CAPEX at 1.4 billion lei, 44% higher, with increased investments in Neptun Deep
Contribution to the state budget increased to 3.8 billion lei, 18% higher
Exploration and Production. Clean Operating Result increased to 827 million lei vs. 728 million lei in Q1/24, mainly reflecting higher gas prices
Production was down by 3.7% – the lowest Q1 decline in the last 5 yea...