General Meeting of Shareholders OMV Petrom
2022 Overview and Focus areas 2023
Christina Verchere,
CEO and President of the Executive Board
April 26, 2023
Agenda
Highlights 2022 Focus areas 2023
2022 Romanian environment
GDP1 | +4.8% |
CPI inflation2 | 16.4% |
Demand in Romania | |
Fuels3 | + 2% |
Gas4 | -16% |
Power5 | - 8% |
- Romanian National Institute of Statistics; 2 end-December 2022 vs. December 2021; 3 Fuels refer only to retail diesel and gasoline; OMV Petrom estimates; 4 According to company estimates;
- According to preliminary data available from the grid operator
Market context
101 USD/bbl
16.6 USD/bbl
574 RON/MWh
1,303RON/MWh
Brent price (+43%)
Refining margin (+203%)
BRM day ahead avg. price
(+164%)
OPCOM baseload price (+138%)
Financial highlights
10.3 bn RON | Net income |
(+260%) | |
3.6 bn RON | Investments |
(+26%) | |
20 bn RON | Contributions to |
state budget | |
(+63%) | |
2.3bn RON | 2022 base dividend |
proposal* | |
(+10%) |
- Subject to approval of the Annual General Meeting of Shareholders on April 26, 2023; a special dividend is also planned to be paid in 2023, with the exact amount to be announced in mid-2023
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Disclaimer
OMV Petrom SA published this content on 24 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 April 2023 13:56:05 UTC.