Under new leadership, OMV has fundamentally shifted its strategic direction. The company has placed heavy emphasis on integration, sustainable cash flow neutrality and low-cost discovered resources opportunities, as indicated by recent and planned M&A activity. OMV's financial outlook has strengthened following a capital raise and significant cut in investment (19% from 2015) to €2.2 billion, but its production prospects remain weak compared to its peer group. We believe the company's future outlook looks positive, with the 2017 corporate cash flow breakeven standing at US$51/bbl (Brent).
This report includes 2 file(s)
- OMV corporate report PDF - 342.87 KB 12 Pages, 7 Tables, 9 Figures
- OMV Corporate Report 2016.xls XLS - 3.28 MB