OMV Petrom S.A.
OMV Petrom Q1/17 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 March 31, 2017. The OMV Petrom Group's results for Q1/17 will be published on May 11, 2017. 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 |
Q1/16 |
Q2/16 |
Q3/16 |
Q4/16 |
Q1/17 |
Average Brent price (USD/bbl) |
33.94 |
45.59 |
45.86 |
49.33 |
53.69 |
Average Urals price (USD/bbl) |
32.29 |
43.91 |
44.10 |
47.89 |
52.21 |
Average RON-USD FX-rate |
4.073 |
3.984 |
3.999 |
4.174 |
4.246 |
Average RON-EUR FX-rate |
4.491 |
4.498 |
4.465 |
4.507 |
4.522 |
Source: Reuters/Platts, NBR |
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Upstream |
Q1/16 |
Q2/16 |
Q3/16 |
Q4/16 |
Q1/17 |
Total hydrocarbon production (kboe/d) |
175 |
177 |
174 |
170 |
170 |
thereof crude oil and NGL production (kboe/d) |
81 |
81 |
79 |
78 |
76 |
thereof natural gas production (kboe/d) |
94 |
96 |
95 |
92 |
94 |
Total hydrocarbon sales volume (mn boe) |
14.9 |
15.1 |
15.1 |
14.8 |
14.3 |
Average realized crude price (USD/bbl) |
26.69 |
36.86 |
37.41 |
41.55 |
45.09 |
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Downstream Oil |
Q1/16 |
Q2/16 |
Q3/16 |
Q4/16 |
Q1/17 |
Indicator refining margin (USD/bbl)* |
8.06 |
6.82 |
5.96 |
7.14 |
7.58 |
Refinery utilization rate (%) |
94 |
68 |
97 |
96 |
95 |
Total refined product sales (mn t) |
1.14 |
1.13 |
1.39 |
1.27 |
1.13 |
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Downstream Gas |
Q1/16 |
Q2/16 |
Q3/16 |
Q4/16 |
Q1/17 |
Gas sales volumes to third parties (TWh) |
12.88 |
9.67 |
8.89 |
12.41 |
13.75 |
Net electrical output (TWh) |
0.42 |
0.48 |
1.20 |
0.82 |
0.75 |
* 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
Contact details:
OMV Petrom Investor Relations
Tel: +40 372 161 930; Fax: +40 372 868 518
E-mail: investor.relations.petrom@petrom.com