OMVJF / OMV: Attractive Dividend Yield While We Wait For Multiples To Re-Rate

Q1 2023 numbers, announced on April 28, show the expected YoY deterioration due to lower oil and gas prices. Net debt was further reduced now to only more_horizontal

OMV's 1Q23 earnings were strong, with adjusted net income exceeding consensus estimates, driven by outperformance in the Energy and Refining & Marketi more_horizontal

OMV Aktiengesellschaft (OTCPK:OMVJF) Q1 2023 Earnings Conference Call April 28, 2023 5:30 AM ET Company Participants Florian Greger - Head of Investor more_horizontal

OMV is an integrated oil and gas company headquartered in Austria. The company seems overlooked by investors but has a double digit dividend yield and more_horizontal

OMV AG (OTCPK:OMVJF) Q4 2022 Earnings Conference Call February 2, 2023 5:30 AM ET Company Participants Florian Greger - SVP & Head, IR & Sustainabilit more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

OMV AG (OMVJF) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive more_horizontal

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal