Omv Petrom Sa · BVB:SNP
Omv Petrom Sa — Q3 2025 Earnings Presentation
31 slides from Omv Petrom Sa's earnings presentation, Oct 29, 2025
Slide 1: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Christina Verchere Chief Executive Officer and President of the Executive Board Alina Popa Chief Financial Officer The spoken word applies. Check against delivery. Page 1 of 31
Slide 2: Intro
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Christina Verchere – OMV Petrom – CEO Slide 1 – Intro Good afternoon, ladies and gentlemen, and a warm welcome to our conference call that will take you through our performance in the third quarter of 2025. Page 2 of 31
Slide 3: Legal Disclaimer
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 2 – Legal Disclaimer Please let me first draw your attention to our Legal Disclaimer, which you can read in detail on slide 2. Page 3 of 31
Slide 4: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 4 of 31
Slide 5: Key messages Q3/25 – Good performance supported by our integrated business
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 3 – Key messages Q3/25 – Good performance supported by our integrated business On slide 3, we present the key highlights for the third quarter. Operational performance was strong in the third quarter. However, the context of lower and
Slide 6: Key messages Q3/25 (continued)
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 18 months later. We are progressing with our renewable projects, with more than 800 megawatts under construction, around 70 megawatts already operational and the rest in various stages of the development phase. Last week, the General Meeting
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OMV Petrom Q3/25 Results Conference Call, October 29, 2025 This page was left blank intentionally. Page 7 of 31
Slide 8: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 8 of 31
Slide 9: Commodity prices – Volatile market environment
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 4 – Commodity prices – Volatile market environment Now let us take a look at the evolution of commodity prices in the third quarter of 2025. Oil prices in the third quarter were impacted by additional OPEC supply. However, increased cr
Slide 10: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 10 of 31
Slide 11: Romanian environment: Demand started to reflect the lower economic growth
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 5 – Romanian environment: Demand started to reflect the lower economic growth Looking now at the Romanian macroeconomic environment, the latest available data shows that, in the second quarter of 2025, GDP increased by 0.3 percent year
Slide 12: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 12 of 31
Slide 13: Romanian regulatory framework – Electricity market deregulated
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 6 – Romanian regulatory framework – Electricity market deregulated as of 1st of July Let me now summarize the key highlights of the Romanian regulatory framework. Regarding the fiscal and regulatory environment in Romania, the power ma
Slide 14: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 14 of 31
Slide 15: Divisional performance – E&P – mainly impacted by lower realized prices
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 7 – Divisional performance – E&P – mainly impacted by lower realized prices Let me now move to the performance of our divisions, starting with Exploration and Production. Clean Operating Result in Exploration and Production almost halv
Slide 16: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 16 of 31
Slide 17: Divisional performance – R&M – strong result on almost double refining margin
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 8 – Divisional performance – R&M – strong result on almost double refining margin In Refining and Marketing, the Clean CCS Operating Result increased by 6 percent year-on-year to 836 million RON in the third quarter of 2025, reflecting
Slide 18: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 18 of 31
Slide 19: Divisional performance – G&P – performance supported by power market deregulation
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 9 – Divisional performance – G&P – performance supported by power market deregulation In Gas and Power, we achieved improved performance in both business lines, and especially in power, supported by deregulation of the electricity mark
Slide 20: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 20 of 31
Slide 21: Financials – Resilient results; strong cash generation
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 11 – Financials – Resilient results; strong cash generation Thank you, Christina, and good afternoon also from my side. I will continue our presentation with slide 11, starting with some highlights on the Income Statement and also pres
Slide 22: Financials – cash flow and net cash (continued)
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 2024. The cash outflow reflects mainly an increase in inventories due to higher volumes of imported crude oil in stock and the natural gas in storage. Overall, the operating cash flow in the third quarter of 2025 amounted to 2.2 billion RON,
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OMV Petrom Q3/25 Results Conference Call, October 29, 2025 This page was left blank intentionally. Page 23 of 31
Slide 24: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 24 of 31
Slide 25: CAPEX – Progressing in the most investment intensive period in our history
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 12 – CAPEX – Progressing in the most investment intensive period in our history Moving now to slide 12, organic CAPEX for the first nine months of 2025, at 5.1 billion RON, was 28 percent higher year-on-year, with total CAPEX at 5.2 bi
Slide 26: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 26 of 31
Slide 27: Attractive payout ratios – 4th special dividend since Strategy 2030 announcement
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 13 – Attractive payout ratios – 4th special dividend since Strategy 2030 announcement Moving now to slide 13, I am pleased to announce that, following shareholders’ approval last week, OMV Petrom will distribute, starting December 3rd,
Slide 28: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 28 of 31
Slide 29: Outlook – Guidance for 2025-2027
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Slide 13 – Outlook – Guidance for 2025-2027 Let me move to Outlook, on slide 13. We have presented already our expectations for the relevant indicators for 2025. As a result, this year, in the context of higher planned investments, we expect
Slide 30: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 30 of 31
Slide 31: OMV Petrom Q3/25 Results Conference Call, October 29, 2025
OMV Petrom Q3/25 Results Conference Call, October 29, 2025 Page 31 of 31