OMV Petrom (SNP) Q1 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 TU earnings summary
9 Apr, 2026Executive summary
Q1 2026 trading update provides provisional key performance indicators and economic environment data; final results to be published April 30, 2026.
Financial highlights
Average Brent price rose to $81.13/bbl in Q1 2026 from $63.73/bbl in Q4 2025 and $75.73/bbl in Q1 2025.
Total hydrocarbon production was 104.2 kboe/d in Q1 2026, down from 107.5 kboe/d in Q1 2025.
Average realized crude price increased to $70.77/bbl in Q1 2026 from $66.11/bbl in Q1 2025.
Indicator refining margin was $14.31/bbl in Q1 2026, up from $8.23/bbl in Q1 2025 but down from $16.75/bbl in Q4 2025.
Gas sales volumes to third parties rose to 12.44 TWh in Q1 2026 from 10.26 TWh in Q1 2025.
Outlook and guidance
Analysts' consensus for Q1 2026 results will be collected between April 9 and April 16, 2026, and published April 23, 2026.
Latest events from OMV Petrom
- Strong revenue and operating growth offset by higher taxes, regulatory costs, and record investments.SNP
Q2 2026 - Higher oil prices and refining margins in Q2 2026 were offset by new taxes and regulatory caps.SNP
Q2 2026 TU - Q1 2026 saw resilient financials, strong segment growth, and major progress on renewables and Neptun Deep.SNP
Q1 2026 - Q4 2025 Clean CCS Operating Result rose 41%, but net income was hit by E&P impairments.SNP
Q4 2025 - Clean CCS operating profit fell 16% year on year as net income and investments increased.SNP
Q3 2025 - Q2 2025 results showed resilient operations, strong cash flow, and high investment amid market volatility.SNP
Q2 2025 - Clean CCS Operating Result fell 36% as renewables and capex surged amid regulatory headwinds.SNP
Q3 2024 - Q4 2024 profit and cash flow fell sharply as investments and regulatory risks increased.SNP
Q4 2024 - Q1 2025 profits fell on lower oil prices and regulation, but strategic investments accelerated.SNP
Q1 2025