OMV

Russia turns off Austria's gas $OMV (-0.69%) the gas with immediate effect

Russia will stop its gas supplies to Austria from Saturday. This was announced by the Austrian energy company OMV. The partly state-owned energy and chemicals group OMV had previously been awarded 230 million euros by an arbitration court in its dispute with Russia's Gazprom. OMV therefore considers the gas supplied from Russia to be paid until this amount is reached.

In response to this, a complete halt to deliveries from Moscow is conceivable, OMV conceded.

This is now apparently happening immediately.

Earnings summary this morning 👇🏼

$BP. (-0.03%)
| BP Q3 2024 Earnings

EPS Adj 13.89C (12.67C)

Adj Net $2.27B (est $2.05B)

Oper Cash Flow $6.16B (est $6.29B)

Net Debt $24.21B (est $23.28)

Plans 1.75B Share Buyback For Third Quarter

Sees 4Q Reported Upstream Production To Be Lower Vs Q3

$OMV (-0.69%) | OMV AG Q3 24 Earnings:

- Clean CCS Oper Profit EU1.10B (est EU1.05B)

- Clean CCS Net Income EU346M (est EU447.8M)

- Still Sees FY Organic CAPEX About EU3.8B (est EU3.68B)

- Sees FY Avg Production 330, 000 To 350, 000 BOE/D

$NOVN (-0.1%) | Novartis Q3 24 Earnings:

- Core EPS $2.06 (est $1.94)

- Net Sales $12.82B (est 12.68B)

- Net Sales Expected To Grow By 'Double Digit'

- Raises FY Outlook

- Now Sees FY Core Oper Income Growth In High Teens

$SAN (-1.05%) | Santander Q3 24 Earnings:

- Net Income EU3.35B (est EU3.17B)

- Net Interest Income EU11.23B (est EU11.57B)

- Net Loan - Loss Provision EU2.98B (est EU3.18B)

- Confident It'll Deliver On All Targets

$HSBA (-0.91%) | HSBC Q3 24 Earnings:

- Div/Shr 10C (est 10C)

- Net Interest Income $7.64B (est $9.25B)

- Sees Div payout Ratio Target Basis of 50% for 2024

- Announces Up $3B Buy Back

$ADS (-0.15%) | Adidas is optimistic after a strong third quarter and confirms a sales increase of 7.3% to 6.4 billion euros. Demand in Europe and growth in China are driving the development, while profits increase by 73.4% to 469 million euros.

$HYQ (-0.35%) | Hypoport increases revenue by 29% to 114 million euros in the third quarter and achieves an operating profit of 3.6 million euros, which is above analysts' expectations. The upturn in real estate finance is driving growth.

$LHA (+1.28%) | Lufthansa announces a savings program to increase adjusted operating profit by EUR 1.5 billion by 2026. Adjusted profit in the third quarter of 2024 falls by 9% to EUR 1.3 billion Deutsche Lufthansa AG expects an operating profit of between EUR 1.4 billion and EUR 1.8 billion for the full year 2024, after focusing on the cost structure in the third quarter. The share is benefiting from hopes of an easing of the Middle East conflict.

$CEC (-2.46%) | Ceconomy exceeds analysts' expectations with adjusted EBIT in the upper half of the range of 290 to 310 million euros. Sales increase by 5.3% to around 22.4 billion euros in the 2023/2024 financial year

$HFG (+0.69%) | HelloFresh Group achieves currency-adjusted revenue growth of 1.9% compared to the previous year and adjusted EBITDA ("AEBITDA") of €72 million

$RDC (+1.71%) The Shopapotheke is already just as nice to trade as the $OMV (-0.69%) 😅🇦🇹

Fits well for my investment horizon (weeks - months) for my "risk capital".

Re-entered in the price range of the gap from July in September. And now the trailing SL has done its job again.

Edit: and what do you do if the price doesn't go back into the range downwards, but breaks out upwards shortly after the stop loss?

Then you can set an entry point with a stop buy. In this case, in addition to a new limit for entry at €116 on the downside, I also set a stop buy on the upside. I placed it in the €139 range. This was my exit level from the previous trade.

continue to expand

Today I received a brown letter from the tax office in my letterbox. 📬

On Friday the 13th... oh dear...

But contrary to the bad fears due to the date, an unexpected windfall of money from the overpaid taxes came back into the house.

The "play money" was divided among the adults. 💁🏻‍♂️💁‍♀️

While the wife was thinking about beauty 💇‍♀️ , 🦷 or a handbag 👝, my part was bought in $OMV (-0.69%) at a price of [€36.66]. The low current share price and the stable dividend were the reason for the purchase.

This added a European company to the portfolio. This means that one of the largest (if not the largest) stock corporations in Austria has become part of the portfolio.

The 27.5% withholding tax does indeed reduce the appetite for dividends, but at least not all the money is only invested in 🇺🇸 or Germany 🇩🇪. So I will learn how the withholding tax from Austria 🇦🇹 works. I wish $OMV (-0.69%) and all my fellow shareholders a stable share price and hopefully demand for fossil fuels for a long time to come. ⛽️ 🚢

again and again

$OMV (-0.69%) currently worth buying? What do you think?

$OMV (-0.69%) The Austrian oil and gas group OMV has announced a gas discovery in the Norwegian Sea. According to preliminary estimates, the total recoverable volume is between 30 and 140 million barrels of oil equivalent.

"We want to increase the share of gas in our production portfolio to 60 percent by 2030," said Berislav Gašo, OMV's Chief Energy Officer, according to the press release. "With an economically recoverable gas deposit, we can further diversify our overall portfolio and add value to our portfolio in Norway."

OMV in my portfolio: I like to hold the $OMV (-0.69%) I like to hold in the short to medium-term time horizon. The volatility is good for taking advantage of nice 'swings'.

I currently hold 200 shares with an entry price of just under €38.

https://www.derstandard.at/story/3000000233613/omv-gibt-gasfund-in-norwegischer-see-bekannt

I still don't know what to do with my global clean energy etf or with $INTC (+1.8%) should I do?

I would also like to have some industry in my portfolio. I'm thinking about investing far away from the usa. The obvious choice would be in Germany $BAS (-0.12%) or from AT $OMV (-0.69%) . Do you have any suggestions?

I used the summer months to save more for my bonds. I'm now pretty much at 75 percent equities, 15 percent bonds, 5 percent gold and 3 percent crypto.

This distribution is now to be maintained via a savings plan.

Of course, the tech sector is still overweight, even with a cluster. However, this cluster does not exceed 4 percent for those individual stocks.

Suggestions for improvement ?

$OMV (-0.69%) I love days like this 😀 https://getqu.in/KoKMKc/

https://getqu.in/KoKMKc/