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OMV
OMV (OMV) investor relations material
OMV Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary15 Jan, 2026
Executive summary
Q4/25 saw lower average Brent crude and natural gas prices compared to previous quarters, with Brent at $63.73/bbl and natural gas (THE) at €31.34/MWh.
Total hydrocarbon production declined to 300 kboe/d, with both crude oil/NGL and natural gas production decreasing sequentially.
Non-cash impairment charges and value adjustments totaling €0.7bn are expected, mainly due to production declines and abandonment obligations.
Financial highlights
Average realized crude oil price dropped to $62.4/bbl, and realized natural gas price to €26.4/MWh in Q4/25.
Net working capital effects, which caused a €0.4bn cash outflow in Q3/25, are expected to be fully reversed in Q4/25, supporting cash flow from operations.
Outlook and guidance
Clean Operating Result is expected to remain unaffected by the special impairment items.
Analyst consensus for Q4/25 results will be published on January 28, 2026.
Clarify abandonment obligation impairment
Reasons for Q4 cracker utilization decline
What was the actual Q4 refining margin
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Q4 20254 Feb, 2026
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Frequently asked questions
OMV Aktiengesellschaft is an Austrian multinational company operating in the oil, gas, and petrochemical sectors. The company's extensive operations encompass the exploration and production of oil and gas, refining, and the marketing of petroleum products and chemicals. OMV has a significant presence in Central and Eastern Europe, the Middle East, Africa, and the Asia-Pacific region, focusing on the development and production of natural gas and oil. It also holds a strong position in the chemical industry through its majority ownership in Borealis, a provider of advanced and circular polyolefin solutions, base chemicals, fertilizers, and plastics recycling. The company is headquartered in Vienna, Austria, and its shares are listed on the Vienna Stock Exchange.
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