OMV Petrom stock falls 1.53 percent as budget revision nears
Published on 09/24/2026 at 00:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
OMV Petrom stock stood at RON 1.1600 on the Bucharest Stock Exchange on September 23, 2026, down 1.53 percent. The move came as shareholders were called to vote on a revised 2026 investment budget at a November 6, 2026 meeting, with updated materials due on September 24, 2026, according to Ziarul Financiar.
Investment plans reach new scale
OMV Petrom had budgeted more than RON 9 billion in investments for 2026 during the spring. That represented a 23 percent increase from the 2025 budget, while the refining and marketing allocation doubled to RON 2.5 billion.
The revised budget matters because it could change the allocation between refinery projects, hydrogen and sustainable aviation fuel, and the Neptun Deep offshore gas development. The company is also advancing a sustainable fuels unit at Petrobrazi with an investment of EUR 560 million, according to Digi Economic.
Revenue rises while profit falls
The first-half results show a clear split between sales and earnings. Revenue increased 25 percent to RON 21.3 billion in H1 2026, while net profit decreased 14 percent to RON 1.8 billion, according to Ziarul Financiar.
Second-quarter revenue rose 45 percent to RON 11.7 billion, but quarterly net profit fell 24 percent to RON 774 million. For investors, the revised capital plan and the earnings gap now point to execution and cash allocation as the central questions for the stock.
Stock marks the September 23 level
OMV Petrom stock stood at RON 1.1600 on September 23, 2026, with a daily decline of 1.53 percent on the Bucharest Stock Exchange. The company is included in the BET and BET-NG indices and trades under the ticker SNP.
OMV Petrom stock facts
- Company: OMV Petrom S.A.
- Ticker: SNP
- Trading venue: Bucharest Stock Exchange
- Price as of September 23, 2026: RON 1.1600
- Sector / Industry: Energy / integrated oil and gas
- Index membership: BET and BET-NG
