• 11/25/2024

OMV Profits Drop, Warns of Lower Output

Wall Street Journal

OMV reported lower first-quarter profits and sales and warned that production for the year will be down at around 360,000 boe/d due to the exclusion of Russian volumes and natural decline, particularly in Norway and Romania.

https://www.wsj.com/articles/omv-1q-profit-fell-sees-lower-production-in-full-year-9c43a530