Previous close | 63.72 |
Open | 62.50 |
Bid | 65.08 x N/A |
Ask | 65.09 x N/A |
Day's range | 62.24 - 65.65 |
52-week range | 54.43 - 71.72 |
Volume | |
Avg. volume | 2,071,421 |
Market cap | 75.554B |
Beta (5Y monthly) | 0.69 |
PE ratio (TTM) | 6.58 |
EPS (TTM) | 9.89 |
Earnings date | 23 May 2024 |
Forward dividend & yield | 5.50 (8.63%) |
Ex-dividend date | 09 Aug 2023 |
1y target est | 72.39 |
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.
PLOCK, Poland (Reuters) -Polish refiner Orlen appointed an acting chief executive late on Tuesday after a new government reshuffled its supervisory board as it seeks changes in state-controlled companies after winning elections last year. Witold Literacki, appointed to the supervisory board by the state assets minister on Tuesday, will be an interim head of the company before a permanent chief executive and management board are selected in a competitive process, Orlen said late on Tuesday. Members of the supervisory board Kazimierz Mordaszewski, Tomasz Sojka, and Tomasz Zielinski were delegated to serve as management board members for no longer than three months.