Previous close | 109.40 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 64.09 - 64.09 |
52-week range | 58.81 - 109.40 |
Volume | |
Avg. volume | 9,592 |
Market cap | 127.007B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 3.63 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Polish special services are investigating if Orlen Trading Switzerland, a unit of Polish refiner Orlen, breached sanctions on the import of oil from Russia or Iran, private broadcaster Radio Zet reported on Thursday. The investigation would be the latest probe to target the state-controlled company, after prosecutors started examining whether it artificially lowered prices ahead of a 2023 election, creating losses, and sold assets at prices at below their fair value to acquire a smaller peer, Lotos. Orlen did not breach any sanctions, the company said in an emailed response to Reuters' questions on Thursday.
Polish refiner Orlen said on Friday it signed an agreement to sell Gas Storage Poland, the country's gas storage operator, to the state run gas-pipeline operator Gaz-System. The sale was a condition set by the country's antimonopoly regulator for Orlen's merger with gas company PGNiG and requires its clearance. Orlen merged with PGNiG in 2022 and took over the storage facility owned by the gas company.
The state-controlled refiner's 2023 full-year profit was also 30.5% lower year-on-year at 27.55 billion zlotys. Weak results from units Lotos Group and Baltic Power impacted the group's performance. The refining and upstream segments saw the steepest falls, due to lower margins and higher costs, Orlen said.