OMV Petrom (SNP) Q1 2026 TU earnings summary

Executive 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.