OMV AG

OMV.VI · VIE

Company research

OMV AG (OMV.VI) is an Austrian multinational integrated oil, gas, and chemicals company headquartered in Vienna, Austria, founded in 1956 and listed on the Vienna Stock Exchange. With revenues of approximately EUR 34 billion in 2024 and a workforce of nearly 23,500 employees, OMV operates across three core business segments: Chemicals & Materials (through its subsidiary Borealis), Fuels & Feedstock, and Energy, with a presence spanning Central and Eastern Europe, the Middle East, North Sea, and Asia-Pacific regions. The company's integrated business model covers the full energy value chain, encompassing oil and gas exploration and production, crude oil refining, operation of roughly 1,800 filling stations across ten European countries, natural gas trading, and the production of advanced polyolefin solutions and base chemicals. Under the leadership of CEO Alfred Stern, OMV is actively transitioning toward becoming a leading provider of sustainable fuels, chemicals, and materials, with an ambition to achieve net-zero emissions across all three Scopes by 2050.

Research reports

Raiffeisen Bank International – Raiffeisen Research · May 29, 2026Aktieninfo OMV: Neuer Druck auf der Pipeline

Raiffeisen Research reiterates a buy recommendation on OMV with a 12‑month price target of €64, positioning the stock as a cash‑flow‑strong transformation play supported by elevated oil and gas prices, robust refining margins, and growth from Neptun Deep, Wittau and the Borouge International chemicals platform. The report highlights capital discipline, high dividend yield and relative valuation discounts as key positives, while flagging execution risk on major projects, volatility in refining margins and exposure to commodity price swings as core risk factors.