Omv Ag receives Investment Bank Analyst Rating Update
The Fundamentals of Fear Another smack down in oil based on fear fundamentals not actually supply and demand. The oil market gave into anxiety instead of focusing on fundamentals...
US stocks extended gains for the second session on Tuesday as a rebound in oil prices bolstered investor optimism. The dollar strengthened ahead of Federal Reserve’s interest...
OMV AG (OMV) is an Austria-based integrated oil and gas company. The Company operates through two segments: Upstream and Downstream. The Upstream segment focuses on the exploration, development and production of oil and gas in five core regions: Central and Eastern Europe (CEE), the Middle East and Africa, the North Sea, Russia and Asia-Pacific. The Company has a production capacity of over 400 thousand barrel of oil equivalent per day (kboe/d). The Downstream segment comprises two business units: Downstream Oil, that operates around 2,100 filling stations in approximately 10 countries, refineries in Austria and Germany, both of which feature integrated petrochemical production, as well as refinery in Romania, which processes predominantly Romanian crude oil, and Downstream Gas, that focuses on gas trade and sales, as well as owns gas storage facilities in Austria and Germany. Its subsidiary Gas Connect Austria GmbH operates a gas pipeline network in Austria.
|Average||41.35 (-12.93% Downside)|
|No. of Analysts||1|
|Moving Averages||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Strong Buy|
|Technical Indicators||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Buy|
|Summary||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Strong Buy|