Conpet SA

Conpet SA

BBVB:COTE
75.00
RON
0.00
(0.00%)
6.21EPS
12.40P/E
666.63MMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.92
11.73
11.94
43.94
43.51
44.31
46.92
46.81
47.49
54.32
55.79
61.42
62.81
62.81
Basic EPS, GAAP
0.98
1.61
1.98
8.26
8.59
7.01
6.8
7.03
6
7.12
7.12
5.7
6.21
6.21
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.89
0.92
1.55
7
25.5
8.05
7.26
6.83
6.66
7.26
6.66
6.57
6.56
6.56
Book Value per Share
20.43
22.71
24
91.91
76.05
76.41
75.52
75.89
77.15
79.02
84.35
84.4
82.81
82.81
Tangible Book Value per Share
20.23
22.61
23.91
91.68
75.88
76.09
75.17
75.39
76.35
78.23
83.71
84.05
82.17
82.17
Basic Weighted Avg Shares
32
32
32
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
348
374
380
380
377
384
406
405
411
470
483
532
544
544
Operating Margin (%)
18.15
15.06
17.9
24.44
21.48
28.79
26.66
27.73
25.56
23.33
26.29
25.69
25.83
25.83
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
31
51
63
72
74
61
59
61
52
62
62
49
54
54
Effective Tax Rate (%)
24.22
20.22
16.05
14.86
14.16
15.36
15.53
13.63
14.64
14.52
15.35
11.19
11.93
11.93
Profit Margin (%)
9
13.76
16.61
18.81
19.75
15.82
14.49
15.01
12.63
13.11
12.76
9.28
9.89
9.89
Working Capital
237
311
368
396
262
241
198
165
164
87
81
92
103
103
LT Debt
- -
- -
- -
- -
- -
- -
- -
3
3
2
2
2
2
2
Total Equity
651
723
765
796
658
662
654
657
668
684
730
731
717
717
Return on Invested Capital (%)
3.65
6.37
7.83
8.73
9.77
8.45
7.93
8.48
7.33
7.83
7.88
5.98
6.5
6.5
Return on Capital (%)
5.02
7.52
8.5
9.18
10.24
9.2
8.97
9.31
7.81
9.09
8.69
6.75
7.42
7.42
Return on Common Equity (%)
5.02
7.49
8.49
9.17
10.23
9.19
8.95
9.28
7.84
9.12
8.71
6.75
7.43
7.43

Capital Structure

RON

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
2
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
677
684
667

Working Capital

RON

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
165
190
190
Cash, Cash Equivalents & STI
95
119
129
Accounts Receivable, Net
54
56
47
Inventories
7
6
6
Total Current Liabilities
106
99
87
Payables & Accruals
- -
- -
- -
ST Debt
2
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

RON

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.44%
1.8%
-1.89%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-0.78%
-1.39%
9%
Sales/Revenue/Turnover
3.74%
6.18%
2.27%
Total Cash Common Dividend
19.94%
-0.63%
-0.12%

Quarterly Revenue

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
127
113
124
119
483
2024
133
133
134
131
532
2025
134
136
150
123
544

Quarterly Earnings Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2.08
1.32
2.35
1.37
7.12
2024
1.5
1.47
1.67
1.06
5.7
2025
1.35
1.26
2.93
0.67
6.21

Quarterly Dividends Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.01
6.6
0.23
0.01
6.66
2024
0.01
6.51
0.22
-0.17
6.57
2025
0.01
6.5
0.04
0.02
6.56

Company Description

Full Time Employees
1,308
Sector
Industrial services
Industry
Oil & gas pipelines
Address
Ploiesti Romania
IPO Date
Aug 4, 2004
Website
conpet.ro
Business
Conpet SA is a Romania-based crude oil and petroleum logistics company that operates as the sole concessionaire and operator of the National Transport System for crude oil, rich gas, condensate, and liquid ethane. Founded in 1991 and headquartered in Ploiești, Romania, the company is majority-owned by the Romanian State through the Ministry of Energy. Conpet SA organizes its core operations into two principal business segments: the Domestic Transport Subsystem, which collects and transports domestic hydrocarbons from oil fields across Romania to downstream processing facilities, and the Import Transport Subsystem, which delivers imported crude oil received at the Black Sea port of Constanța via Oil Terminal to inland refining complexes. The company manages an extensive critical infrastructure network comprising over 3,800 kilometers of transport pipelines, pumping stations, automated storage tank parks, rail loading and unloading ramps, and an owned fleet of specialized rail tank cars. Conpet SA provides comprehensive midstream logistics services, including pipeline transportation of domestic crude oil, rich gas, condensate, and ethane; pipeline transport of imported crude oil; multimodal rail-and-pipeline freight transport for landlocked extraction fields and refineries; crude oil storage, conditioning, and batching services within automated tank farms; pipeline integrity maintenance, diagnostic pigging, and cathodic protection; and centralized dispatching, telecommunications, and real-time flow monitoring via SCADA systems. The company primarily serves major downstream refining corporations, notably OMV Petrom, Petrotel-Lukoil, and Rompetrol Rafinare. In recent corporate developments, Conpet SA has executed strategic leadership appointments, naming Mihaela-Anamaria Dumitrache as Director General under Romanian corporate governance frameworks; accelerated multi-year capital investment initiatives dedicated to pipeline rehabilitation, pumping station modernization, and energy efficiency improvements across the National Transport System; extended key multi-year hydrocarbon transportation agreements with domestic refiners; and reinforced operational technology, supervisory telemetry, and cybersecurity infrastructure to safeguard continuous national oil delivery operations.