Deutsche Rohstoff AG

1876 Resources has taken overall of Bright Rock Energy's Wyoming acreage and now operates around 65,000 acres Deutsche Rohstoff USA buys minority interests and profit interests in US subsidiaries Successful flowback of 9 additional wells from 1876 Approximately EUR 180 million in group investments in 2024 Bright Rock to evaluate new US acquisition [...]

Share buyback program 2024 for EUR 4.0 million completed 109,700 shares bought back for an average of EUR 36.53 The total number of dividend-bearing shares will therefore decrease by approximately 2.2% to 4,895,738 The 2024 share buyback program was completed in the past few days. The share buyback of approximately EUR 4.0 million, which was [...]

Deutsche Rohstoff is repaying the 2019/24 bond on schedule today. The outstanding bond volume amounts to EUR 20.5 million. A further EUR 79.5 million had been repaid or exchanged for the 2023/28 bond in 2023. As of today, there is only the 2023/28 bond of EUR 100.0 million outstanding. The Group's equity increased to EUR 209.7 million as of 30 Sept [...]

Almonty Industries approaches production start at the Sangdong Tungsten Mine in South Korea Mine prepared for ore extraction Rapid progress in processing plant construction Significant long-term potential through downstream and molybdenum projects Share price up 66% since the beginning of the year In the last 12 months, Almonty Industries, wholly [...]

Invitation to the 4th virtual Capital Markets Day The Executive Board of Deutsche Rohstoff AG is pleased to invite interested investors and capital market participants to the 4th virtual Capital Markets Day on Wednesday, 20 November 2024 at 10:30 a.m. Agenda 10:30 a.m.: Welcome by the Executive Board 10:35 a.m.: Operational Development & Outlook [...]

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 [...]

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 [...]

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 [...]