OMV reported lower production. OMV stock sits 1.10 percent below its high

Published on 10/14/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OMV produced 294 kboe/d in the third quarter, versus 304 a year earlier. OMV stock costs EUR 73.88 on October 14, 2026 versus EUR 73.35.

Production and analyst target

OMV reported third-quarter production of 294 kboe/d versus 304 kboe/d on October 9, 2026.
RBC raised its target from EUR 65.00 to EUR 70.00 on October 6, 2026.
OMV stock trades at EUR 73.88 at 10:40 a.m. CEST at Lang & Schwarz on October 14, 2026, plus 0.72 percent versus the Xetra close of October 13, 2026.

OMV, AT0000743059, Illustration mit AI erstellt.

OMV (ISIN AT0000743059) reported lower third-quarter production on October 9, 2026, while its stock was trading at EUR 73.88 at Lang & Schwarz on October 14, 2026. The company described the update as provisional, and Reuters reported that production fell to 294 kboe/d from 304 kboe/d a year earlier.

Production falls below prior year

The third-quarter trading update covered the period ended September 30, 2026. OMV's total hydrocarbon sales fell to 225,000 barrels of oil equivalent per day from 242,000 in the second quarter and 306,000 a year earlier, according to Reuters.

The update also pointed to a headwind of about EUR 100 million for the third-quarter clean operating result from delayed crude liftings. OMV expects to recover the underlift position through future liftings, but the timing makes cash conversion a central issue for the October results.

What does the update mean for earnings?

Refining provided a counterweight: the European reference margin rose to USD 37.50 per barrel from USD 20.33 in the second quarter, while refinery utilization increased to 92 percent from 90 percent, Reuters reported.

Special taxes on excess profits in Austria and Romania are expected to reduce unadjusted net income by EUR 150 million to EUR 200 million in the third quarter. The chemicals business faces weaker results because of the market environment for Borouge International, creating a mixed earnings picture despite stronger refining economics.

Three recent OMV milestones

On October 2, 2026, a Deutsche Börse release recorded BlackRock's OMV voting-rights position at 4.48 percent and total holdings at 4.99 percent; the release identified OMV and ISIN AT0000743059. On October 6, 2026, Markets Insider reported that RBC raised its rating from Underperform to Sector Perform and its price target from EUR 65.00 to EUR 70.00. On October 9, 2026, the company published the third-quarter trading update with production of 294 kboe/d versus 304 kboe/d a year earlier.

Results date is October 29

OMV will publish its detailed third-quarter results on October 29, 2026. That report will show whether stronger refining margins offset delayed liftings, special taxes and weaker chemicals performance.

Stock remains near yearly high

OMV stock was trading at EUR 73.88 at Lang & Schwarz on October 14, 2026 at 10:40 a.m. CEST, plus 0.72 percent versus the Xetra close of October 13, 2026 at EUR 73.35. The price was 1.10 percent below the 52-week high of EUR 74.70 and the market capitalization stood at EUR 24.1 billion on October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of OMV stock.