MOL stock ends planned Alteo Waberer's share swap

Published on 10/07/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MOL stock was trading at HUF 5,045 in Budapest on October 7, 2026. First-half net sales rose 12.7 percent to HUF 4,926.699 billion.

MOL, HU0000153937, Illustration mit AI erstellt.

MOL (HU0000153937) was trading at HUF 5,045 on the Budapest Stock Exchange on October 7, 2026 at 1:13 p.m. CEST, down 0.20 percent from HUF 5,055. The latest corporate development is the termination of a planned share swap involving Alteo and Waberer's.

Alteo deal reaches its endpoint

According to Ground News on October 1, 2026, MOL will not implement the transaction announced in April. The plan involved increasing MOL's stake in Alteo in exchange for its 15 percent stake in Waberer's, but the required regulatory approvals were not obtained by the contractual deadline.

The decision removes one immediate transaction route from MOL's portfolio. It also leaves the stock story centered on operating performance and the separate NIS negotiations, rather than on the planned asset exchange.

First half shows sharper earnings growth

The Budapest Stock Exchange reports that MOL's January to June 2026 net sales reached HUF 4,926,699 million, up from HUF 4,369,990 million in the same period of 2025. That is a 12.7 percent year-over-year increase, while operating profit rose 52.8 percent to HUF 393,840 million from HUF 257,722 million, according to the Budapest Stock Exchange.

Net income after tax increased 48.9 percent to HUF 283,466 million from HUF 190,419 million. The comparison matters because the earnings improvement was faster than revenue growth, pointing to a stronger contribution from operating profitability in the first half.

NIS talks keep a second catalyst alive

On October 1, 2026, Portfolio reported that MOL received further U.S. approval to continue negotiations over a 56.15 percent stake in Serbia's NIS until October 30, 2026. The transaction would give MOL control of an integrated Serbian oil company, but final agreements and regulatory approval remain material conditions.

For investors, the figures provide the operating counterweight to transaction uncertainty. MOL's share price remained within its current 52-week range of HUF 2,720 to HUF 5,460, while volume reached 349,403 shares by the October 7, 2026 quote.

Stock remains below yearly high

MOL stock was last at HUF 5,045 on October 7, 2026 at 1:13 p.m. CEST on the Budapest Stock Exchange. The company is scheduled to publish its third-quarter 2026 results on November 6, 2026.