Deutsche Rohstoff AG

Revenue of EUR 171.6 million Consolidated net profit of EUR 36.2 million 14,702 barrels of oil equivalent per day Decreasing capex per well Around EUR 150 million in investments after 9 months Equity increases to EUR 209.7 million Earnings per share after nine months at EUR 7.32 Revenue and EBITDA forecast for 2024 confirmed "Our figures once again [...]

Strong operating performance and CAPEX reductions Significant drilling cost reductions achieved in the current program at 1876 Expansion of the drilling program at 1876 from 10 to 12 wells in 2024 Production of around 14,700 BOEPD in Q3 Niobrara wells with costs of around USD 10 million , Teapot wells under USD 7 million 3 wells in the Teapot [...]

Classification of First Berlin Equity Research GmbH to Deutsche Rohstoff AG Company Name: Deutsche Rohstoff AG ISIN: DE000A0XYG76 Reason for the research: Update Recommendation: Buy from: 18.09.2024 Target price: €48 Target price on sight of: 12 months Last rating change: - Analyst: Simon Scholes First Berlin Equity Research has published a [...]

Half-year results with record sales of EUR 112 million and EBITDA of EUR 84 million, 2024 guidance confirmed Record half-year production of 14,763 BOEPD Consolidated net profit of EUR 24.8 million and EBITDA of EUR 83.8 million Record sales of EUR 112.2 million Guidance for 2024 of EUR 210 to 230 million in sales and EUR 160 to 180 million in [...]

Classification of First Berlin Equity Research GmbH to Deutsche Rohstoff AG Company Name: Deutsche Rohstoff AG ISIN: DE000A0XYG76 Reason for the research: Update Recommendation: Buy from: 02.08.2024 Target price: €51 Target price on sight of: 12 months Last rating change: 02.08.24 Analyst: Simon Scholes First Berlin Equity Research has [...]

Deutsche Rohstoff AG: Update on US oil & gas activities Daily production of ca. 14.800 BOEPD in first half 2024 Strong initial production of new wells in Oxy development partnership Three wells at Bright Rock start production Overall very positive results from wells in Wyoming The oil and gas business of the Deutsche Rohstoff Group continued to [...]

Deutsche Rohstoff AG: First quarter revenue up 30% to EUR 55.6 million EUR 41.7 million EBITDA in the first 3 months EUR 15.0 million consolidated net profit Equity exceeds EUR 200 million for the first time Equity ratio rises to 41.2% 14,911 BOEPD daily production underlines strong operating performance Revenue and EBITDA guidance for 2024 [...]

Invitation to the Conference Call on the 2023 Annual Report for investors, analysts and media Deutsche Rohstoff AG will release its Annual Report for the year ending 31 December 2023 on Tuesday, 23 April 23 2024. We invite investors, analysts, and other interested parties to join our Conference Call on Wednesday, 24 April 2024, from 10:00 a.m. to [...]

Sales in 2023 at EUR 196.6 million, 19% above previous year EBITDA 2023 at EUR 158.2 million, 14% above previous year Consolidated net profit after minority interests rises to EUR 65.1 million Earnings per share increase by 7% to EUR 13.01 Q4 2023: strongest quarter in the Group's history to date with sales of EUR 64.0 million and EBITDA of EUR [...]

Operational update: Record production in 2023 and promising start in 2024 Production in 2023 above the forecast range at around 12,700 BOEPD Q4 marks the strongest quarter in history with 15,300 BOEPD Production in the first 2 months of the year around 20% above plan at approx. 15,500 BOEPD Revenues and EBITDA still expected to be in line with [...]