MOL opens biomethane plant as MOL stock trades at EUR 13.53
Published on 10/21/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRenewable investment and results date
- MOL inaugurated its first biomethane plant on October 16, 2026, after a HUF 2.70 billion investment.
- Second-quarter 2026 revenue reached HUF 2.91 trillion, while earnings totaled HUF 244.6 billion.
- MOL stock trades at EUR 13.53 at 10:47 a.m. CEST at Lang & Schwarz on October 21, 2026.
MOL (HU0000153937) is trading at EUR 13.53 at Lang & Schwarz on October 21, 2026, at 10:47 a.m. CEST. The Hungarian energy group inaugurated its first biomethane plant in Szarvas on October 16, 2026, according to EIN Presswire.
Biomethane adds a new outlet
The Szarvas project represents an investment of more than HUF 2.70 billion and is designed to replace more than 7 million cubic meters of natural gas with renewable energy each year. The facility upgrades biogas for direct injection into Hungary's national gas network.
The plant is also a measurable extension of MOL's existing operations. The site previously produced 11 million to 12 million cubic meters of biogas annually for cogeneration, generating almost 24 GWh of renewable electricity and heat, while the new unit creates a grid-injection route.
What do the latest results show?
For the second quarter of 2026, Yahoo Finance lists revenue of HUF 2.91 trillion, earnings of HUF 244.6 billion and a profit margin of 8.41 percent. The earnings figure was HUF 145.43 above the HUF 180.57 per-share estimate listed for the period, an 80.54 percent surprise.
Results date comes next
The next scheduled reporting date is November 6, 2026, according to Yahoo Finance. The date gives investors a near-term checkpoint for whether the renewable investment is translating into a broader earnings story.
Stock price and investor view
MOL operates across exploration, production, refining, retail and mobility services, giving the Szarvas project a strategic role beyond a single facility. The plant's annual output target of more than 7 million cubic meters is small relative to the group's overall energy business, but it provides a concrete test of MOL's renewable expansion strategy.
MOL stock was trading at EUR 13.53 at Lang & Schwarz on October 21, 2026, at 10:47 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of MOL stock.
MOL stock facts
- Company: MOL Magyar Olaj- és Gázipari Nyrt.
- ISIN: HU0000153937
- Ticker: MOL.BD
- Primary exchange: Budapest Stock Exchange
- Price Lang & Schwarz (as of October 21, 2026, 10:47 a.m. CEST): EUR 13.53
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
- Next earnings date: November 6, 2026
Market context: Market report BUX.
