Orlen completes 76 Baltic Power turbines as Orlen stock stands at EUR 35.03

Published on 10/21/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ORLEN estimated a PLN 2 billion windfall tax for March to August 2026. Orlen stock costs EUR 35.03 on October 21, 2026 alongside that estimate.

Energy projects and financial pressure

On October 7, 2026, ORLEN completed installation of 76 Baltic Power turbines.
ORLEN estimated a PLN 2 billion windfall tax for March through August 2026 on October 2, 2026.
Orlen stock trades at EUR 35.03 at 10:10 a.m. CEST at Lang & Schwarz on October 21, 2026.

Orlen, PLPKN0000018, Illustration mit AI erstellt.

Orlen stock was trading at EUR 35.03 at Lang & Schwarz on October 21, 2026, while ORLEN had completed installation of all 76 Baltic Power turbines on October 7, 2026, according to ORLEN. The project is now in commissioning and testing ahead of full operation.

Turbines are now installed

The Baltic Power milestone gives ORLEN a concrete renewable-energy asset alongside its refining, petrochemical and power businesses. The company said the offshore wind farm is expected to generate enough electricity to supply more than 1.5 million households in Poland once fully operational, according to ORLEN.

Financial scale remains the larger investor variable. In the second quarter of 2026, ORLEN reported PLN 76.5 billion of revenue, PLN 13.9 billion of LIFO-based EBITDA and PLN 7.7 billion of net profit. For the first half of 2026, revenue reached PLN 152.2 billion, up PLN 17.8 billion from the prior-year period, according to Quartr.

Tax estimate changes the picture

On October 2, 2026, ORLEN estimated a PLN 2 billion windfall-tax liability for the period from March through August 2026. The estimate relates to a levy covering liquid-fuel profits between March 2026 and March 2027, as stated in ORLEN. That figure matters because it places a defined cost beside the group's strong first-half revenue growth.

What comes next for Orlen

ORLEN changed the planned publication date for its third-quarter 2026 financial statements from November 19, 2026 to November 5, 2026, according to ORLEN. The report should give investors a fresh reading on earnings, cash generation and the financial effect of the tax estimate.

Price stays the market anchor

The euro quotation places Orlen stock at EUR 35.03 during the October 21, 2026 trading session. The company combines a PLN 152.2 billion first-half revenue base with a PLN 2 billion tax estimate and a 76-turbine offshore project, giving investors several dated reference points before the next results release.

The further course of trading is shown by the continuously updated real-time quote of Orlen stock.