OMV AG. Stock Analysis OMV.VI

OMV AG engages in the production, processing, and supply of oil & gas, and the provision of chemical solutions. The company is headquartered in Wien, Wien and currently employs 16,056 full-time employees. The firm operates in three business segments: Chemicals & Materials (C&M), Fuels & Feedstock (F&F), and Energy segment. The C&M segment is a provider of advanced and circular polyolefin solutions such as polyethylene, polypropylene base chemicals, fertilizers, and plastics recycling. The F&F segment includes Refining & Marketing (R&M) business, and it focuses on refining crude oil and other feedstocks, it also markets fuels as well as natural gas and power. The Energy segment includes the Exploration & Production (E&P) business, the entire gas business, and the new Low-Carbon business focused on geothermal energy and carbon capture and storage (CCS). The firm supplies services and products to customers worldwide through OMV and Borealis, its joint ventures Borouge (ADNOC, in the United Arab Emirates and Singapore) and Baystar (TotalEnergies, in the United States) and Electrocentrale Borzesti SRL.