OMV Petrom raises 2026 free cash flow outlook to neutral from negative before dividends
Bitget2026/10/29 06:10- OMV Petrom now expects neutral free cash flow before dividends in 2026, versus negative previously.
- Capital expenditure guidance rose to below RON 10.4 billion from below RON 9.4 billion.
- Brent assumptions increased to above USD 95/bbl from USD 85-95/bbl; refining margin guidance rose above USD 20/bbl from above USD 15/bbl.
- Average production guidance for 2027-2028 increased to above 140,000 boe/d from above 130,000 boe/d, with Neptun Deep targeting first gas in H1/27.
- Third-quarter clean CCS operating profit doubled to RON 2.8 billion; operating cash flow rose 67% to RON 3.7 billion.
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