Unprecedented Oil Price Surge Triples Petrom 1Q Profit, Drives Sales up 145%

04.29.2022 By Liviu Popescu

In the context of the unprecedented high and volatile oil prices, generated by the Ukrainian war, and aid rising sales volumes, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, saw its sales soar by 145% in the first three months of 2022 against the year-earlier period, while net profit tripled.

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Keywords:
Petrom
, earnings