OMV Petrom reported RON 5.1 billion in organic investments between January and September 2025, up 28% year-on-year, amid a 20% decline in operating result and a 13% drop in net profit to RON 3.4 billion. The investment increase reflects the company’s 2030 Strategy implementation, with a focus on Neptun Deep and expanding its renewable energy portfolio.

The Clean CCS Operating Result excluding special items fell to RON 3.8 billion, driven by lower crude oil prices. However, the company’s integrated business model mitigated some of the impact, especially in Q3, when Refining and Marketing showed strong performance. The Gas and Power segment returned to positive territory following the liberalization of the electricity market.

OMV Petrom’s refining margin rose by 12% to USD 10.9/bbl, supported by favorable developments in diesel and gasoline quotes. The Petrobrazi refinery achieved a 96% utilization rate in Q3, above the European average, despite a planned shutdown in Q2.

In Exploration and Production, the operating result dropped to RON 1.9 billion due to a 14% decline in crude prices. Production volumes fell by 4.4%, and unit production costs increased by 11% to USD 17.9/boe, due to lower sales volumes and higher costs.

The company’s total contribution to the state budget reached approximately RON 12 billion, in line with the same period in 2024. Additionally, OMV Petrom approved its fourth consecutive special dividend, with total dividends amounting to RON 4 billion in 2025.

Regionally, OMV Petrom made progress on the offshore Neptun Deep project, completed a transaction in Bulgaria for a large photovoltaic project, and signed contracts to develop four solar parks in partnership with CE Oltenia. The company also started construction of its SAF/HVO unit and reached 1,100 charging points in its e-mobility network.

For full-year 2025, the company maintains a record-level investment plan of up to RON 8.2 billion, subject to a stable fiscal and regulatory framework.