Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

OMV Petrom S.A. (PETB)

  Print      Mail a friend

Friday 12 January, 2018

OMV Petrom S.A.

Q4/17 Trading Update Key Performance Indicators

RNS Number : 7089B
OMV Petrom S.A.
12 January 2018
 

OMV Petrom Q4/17 Trading Update Key Performance Indicators

 

This trading update provides basic provisional information on the economic environment as well as OMV Petrom Group's key performance indicators for the quarter ended December 31, 2017. The OMV Petrom Group's results for Q4/17 will be published on February 21, 2018. The information contained in this trading update may be subject to change and may differ from the final numbers of the quarterly report.

 

 

Economic environment

Q4/16

Q1/17

 Q2/17

 Q3/17

 Q4/17

 Average Brent price (USD/bbl)

49.33

53.69

49.64

52.08

61.26

 Average Urals price (USD/bbl)

47.89

52.21

48.49

51.36

60.77

 Average USD/RON FX-rate

4.174

4.246

4.138

3.901

3.923

 Average EUR/RON FX-rate

4.507

4.522

4.552

4.581

4.617

 Source: Reuters/Platts, NBR






 

Upstream

Q4/16

Q1/17

Q2/17

Q3/17

Q4/17

 Total hydrocarbon production (kboe/d)

170

170

169

166

165

   thereof crude oil and NGL production (kboe/d)

78

76

76

74

73

   thereof natural gas production (kboe/d)

92

94

93

92

92

 Total hydrocarbon sales volume (mn boe)

14.8

14.3

14.6

14.6

14.3

 Average realized crude price (USD/bbl)

41.55

45.09

41.59

44.05

52.61







 Downstream Oil

Q4/16

Q1/17

Q2/17

Q3/17

Q4/17

 Indicator refining margin (USD/bbl)*

7.14

7.58

8.51

8.75

6.16

 Refinery utilization rate (%)

96

95

94

93

91

 Total refined product sales (mn t)

1.27

1.13

1.28

1.40

1.26







 Downstream Gas

Q4/16

Q1/17

Q2/17

Q3/17

Q4/17

 Gas sales volumes to third parties (TWh)

12.41

13.75

11.33

9.09

11.13

 Net electrical output (TWh)

0.82

0.75

0.16

0.75

1.05

* The actual refining margins realized by OMV Petrom may vary from the indicator refining margin due to different crude slate, product yield and operating conditions

 

 

We expect the Upstream Clean Operating Results in Q4/17 to be negatively impacted by around RON 220 mn exploration expenses, largely consisting of write-offs of exploration assets.

In connection with the Collective Labor Agreement negotiations successfully finalized in December 2017, a one-time cost impact of around RON 90 mn is reflected in the Q4/17 result at Group level.

 

 

Contact details:
OMV Petrom Investor Relations

Tel: +40 372 161 930; Fax: +40 372 868 518
E-mail:
[email protected]

 

 

Disclaimer regarding forward-looking statements

This report may contain forward-looking statements. These statements reflect the Company's current knowledge and its expectations and projections about future events and may be identified by the context of such statements or words such as "anticipate," "believe", "estimate", "expect", "intend", "plan", "project", "target", "may", "will", "would", "could" or "should" or similar terminology. By their nature, forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control that could cause the Company's actual results and performance to differ materially from any expected future results or performance expressed or implied by any forward-looking statements.

None of the future projections, expectations, estimates or prospects in this report should in particular be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared or the information and statements contained herein are accurate or complete.

As a result of these risks, uncertainties and assumptions, you should in particular not place reliance on these forward-looking statements as a prediction of actual results or otherwise. This report does not purport to contain all information that may be necessary in respect of the Company or its shares and, in any event, each person receiving this report needs to make an independent assessment. The Company undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this report that may occur due to any change in its expectations or to reflect events or circumstances after the date of this report.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTFKBDPABKKPDD

a d v e r t i s e m e n t