OMV Action Forum

Earnings summary this morning 👇🏼

$BP. (-1,72 %)
| 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 (-1,13 %) | 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 (+0,5 %) | 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 (-1,34 %) | 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 (-2,41 %) | 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 (-1,81 %) | 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 (+1,44 %) | 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 (+0,59 %) | 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 (+0,81 %) | 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 (+1,98 %) | HelloFresh Group achieves currency-adjusted revenue growth of 1.9% compared to the previous year and adjusted EBITDA ("AEBITDA") of €72 million

$RDC (+9,53 %) The Shopapotheke is already just as nice to trade as the $OMV (-1,13 %) 😅🇦🇹

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 (-1,13 %) 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 (-1,13 %) 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 (-1,13 %) currently worth buying? What do you think?

$OMV (-1,13 %) 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 (-1,13 %) 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 (+0,53 %) 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 (-5,27 %) or from AT $OMV (-1,13 %) . 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 (-1,13 %) I love days like this 😀 https://getqu.in/KoKMKc/

https://getqu.in/KoKMKc/

Share analysis/share presentation ⬇️

Today we are talking about the company OMV: $OMV (-1,13 %)

What is OMV and what does it do?

OMV is a global energy company based in Vienna that focuses on the exploration, production, refining and marketing of crude oil and natural gas. OMV is also involved in the field of renewable energies in order to promote a sustainable energy future. The company plays an important role in the energy industry and is committed to innovation and sustainability.

Market capitalization:

OMV currently has a market capitalization of around 15.1 billion euros.

Strengths of the share:

Some of OMV's strengths:

- Many years of experience in the oil and gas industry.

- Strong presence in various countries and regions.

- Focus on diversification and investments in renewable energies.

- Emphasis on innovation and technology for competitiveness.

- Customer-oriented business strategy and sustainability in energy production.

Weaknesses of the share:

Here are some of OMV's weaknesses:

- Dependence on fossil fuels and associated risks.

- Challenges from regulatory changes in the energy sector.

- Potential impact of price volatility on financial performance.

- Need to accelerate the transition to cleaner energy.

- Pressure from environmental organizations and the public regarding sustainability and environmental impact.

A little more on the business model:

OMV's business model is based on an integrated value chain that includes exploration, production, refining and marketing of oil and gas. OMV strives to be a leading energy company focused on a sustainable and diversified energy future.

In exploration, OMV searches for new oil and gas deposits to expand the resource base. Through production, the company extracts the raw materials obtained and processes them in its own refineries. The refinery activities are used to refine crude oil into various products such as fuels, lubricants and petrochemicals. These products are then transferred to the marketing area, where they are sold to customers worldwide.

OMV has a strong focus on innovation and technology to increase efficiency in all business areas. The company strives to strengthen its competitiveness and support the transition to cleaner energy through diversification and investment in renewable energy. OMV's customer-centric business strategy aims to meet the needs of consumers and build long-term partnerships.

Through a clear vision, sustainable practices and a holistic approach to energy production, OMV positions itself as a global player in the energy market, continuously striving to optimize its business activities and meet the challenges of the future.

A little more about the industry:

OMV has a strong presence in various countries and regions, making it a major player in the energy industry. The company has many years of experience in the oil and gas industry and emphasizes innovation and technology for its competitiveness. OMV also focuses on diversification and investment in renewable energy to meet the challenges of the energy market. OMV's customer-oriented business strategy and sustainability in energy production underline the company's importance to the industry.

When and where was OMV founded?

OMV was founded in Austria in 1956. It was founded by the Austrian government, which established the company as Österreichische Mineralölverwaltung. It was later renamed Österreichische Mineralölverwaltung AG and finally became OMV. The origins of the company therefore lie in the Austrian government's initiative to secure the country's energy supply.

OMV's goal:

OMV's goal is to be a leading integrated oil and gas company that focuses on sustainable energy. The company strives to actively shape the energy transition by investing in renewable energy while leveraging its expertise in conventional energy production. OMV focuses on diversification, innovation and customer orientation to meet the challenges of the changing energy market. Through its international presence and many years of experience, OMV strives to play a key role in the energy industry and help shape a sustainable energy future.

Your opinion:

Now I would like to hear your opinion on this share in the comments.

I personally find the company very interesting and will continue to monitor it. It was an unknown company to me until recently, but that's exactly why I wanted to introduce the share to you.

What do you think of OMV and were you already familiar with this company?

Do you perhaps already have the share in your portfolio?

Please let me know in the comments.

This is of course not investment advice but just my own opinion that I would like to share with you.