Deutsche Rohstoff Shares Hit Unprecedented Peak on Revised Outlook

Deutsche Rohstoff stock soars after raising its 2026 EBITDA target to €290-310M, fueled by a strategic sale and expanded US drilling amid high oil prices.

A dramatic upgrade to its financial forecast, combined with favorable movements in the energy market, has propelled the stock of Deutsche Rohstoff to a record high. The Mannheim-based company is reaping the benefits of a significantly raised EBITDA target and profitable divestments, even as geopolitical strains continue to impact global energy supply.

Operational Expansion and a Strategic Sale

The surge in share price, which saw the equity close at €102.60 on Friday—a gain exceeding 15% for the session—was triggered by an ad-hoc announcement. In it, the management team substantially raised its financial targets for the 2026 fiscal year. The company's base scenario now anticipates an EBITDA ranging from €290 million to €310 million. This marks a major revision from the initial projection of just €115 million to €135 million.

Two key developments underpin this reassessment. First, Deutsche Rohstoff realized a gain of nearly €100 million through the partial sale of its stake in Almonty Industries. Second, its US subsidiary, 1876 Resources, is significantly expanding its drilling program. With a planned investment volume of approximately €225 million, the subsidiary aims to complete 26 wells this year. This campaign will introduce longer horizontal drills extending close to five kilometers for the first time.

Favorable Market Conditions Amplify Growth

The company's operational momentum is being amplified by external market forces. The effective blockade of the Strait of Hormuz has driven prices for Brent and WTI crude oil well above the $100 per barrel threshold. This environment is highly advantageous for Deutsche Rohstoff as it ramps up its own production output in the United States. The company expects its production to exceed 20,000 barrels of oil equivalent per day in the second half of the year.

Notably, the foundation for the new corporate targets appears conservative. The base scenario forecast is calculated using a WTI price assumption of only $75. Given that current market prices are substantially higher, real-world conditions already surpass the company's own "increased scenario," which is based on $85 per barrel.

Investor attention now turns to April 23, 2026. On this date, Deutsche Rohstoff AG is scheduled to release its audited group financial statements for the preceding year alongside the complete annual report. Market participants will be particularly focused on the first concrete guidance for 2027, which should provide insight into whether the current growth trajectory can be sustained.