Rompetrol Rafinare SA

Rompetrol Rafinare SA

BBVB:RRC
0.78
RON
+0.10
(+13.97%)
-0.01EPS
2.20BMarket Cap
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
0.19
0.2
0.14
0.15
0.16
0.1
0.09
0.12
0.15
0.14
0.05
0.13
0.2
0.17
Basic EPS, GAAP
-0.01
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
-0.01
- -
- -
Free Cash Flow per Basic Share
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.01
0.01
0.02
0.01
0.02
0.02
0.03
0.02
0.02
0.02
0.02
0.02
0.02
Tangible Book Value per Share
-0.01
-0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.01
0.01
0.02
0.02
Basic Weighted Avg Shares
14,685
20,055
26,559
26,559
26,559
26,559
26,559
26,559
26,559
26,559
44,109
26,559
26,559
26,559
Sales/Revenue/Turnover
2,783
3,923
3,843
3,911
4,349
2,725
2,441
3,093
3,981
3,844
2,334
3,348
5,361
4,574
Operating Margin (%)
-4.06
-3.29
-3.14
-1.22
0.4
0.88
3.75
1.86
1.13
0.63
-5.14
-0.97
5.31
3.98
Depreciation Expense
105
108
77
89
76
79
96
96
107
122
125
83
149
152
Net Income, GAAP
-199
-257
-163
-95
-59
63
56
20
-27
-49
-200
-186
91
-78
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
14.64
- -
- -
- -
- -
58.06
184.27
Profit Margin (%)
-7.16
-6.55
-4.23
-2.44
-1.36
2.33
2.3
0.63
-0.68
-1.28
-8.56
-5.55
1.69
-1.7
Working Capital
-1,121
-1,435
-880
-762
-789
-607
-545
-576
-360
-338
-516
-547
-567
-227
LT Debt
2
- -
- -
- -
- -
215
193
15
241
319
322
300
120
511
Total Equity
-17
-275
315
418
357
424
479
704
675
620
421
463
537
535
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
5.02
- -
- -
- -
- -
12.32
-13.81
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
4.55
- -
- -
- -
- -
16.32
-17.19
Return on Common Equity (%)
- -
- -
- -
-26.92
-15.72
16.82
12.83
3.39
-4.04
-7.8
-39.71
-43.78
18.77
-14.56

Capital Structure

USD

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
306
52
41
LT Borrowings
- -
266
266
LT Finance Leases
121
225
245
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26,559
26,559
26,559
Market Capitalization
486
495
469

Working Capital

USD

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
1,245
1,302
1,419
Cash, Cash Equivalents & STI
165
203
179
Accounts Receivable, Net
220
207
181
Inventories
377
379
428
Total Current Liabilities
1,766
1,575
1,646
Payables & Accruals
- -
- -
- -
ST Debt
306
52
41
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.84%
-3.71%
16.04%
Free Cash Flow
-270.16%
-211.2%
-50.63%
Net Income, GAAP
-37.21%
-1.66%
-148.76%
Sales/Revenue/Turnover
8.14%
17.91%
60.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
713
933
688
1,015
3,348
2022
919
1,514
1,549
1,379
5,361
2023
1,032
1,112
1,050
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-0.01
2022
-0.01
0.01
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

CEO
Sorin Graure
Full Time Employees
1,194
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Navodari Romania
IPO Date
Jul 4, 2004
Business
Rompetrol Rafinare SA is a Romania-based downstream energy and petrochemical company engaged in crude oil refining, the manufacturing of refined petroleum and chemical products, and the marketing of fuels and industrial commodities. Founded in 1979 and headquartered in Năvodari, Constanța County, Romania, the company operates as the primary refining subsidiary of KMG International N.V., a wholly owned unit of the Kazakh national oil and gas company NC KazMunayGas JSC, with significant minority shareholding held by the Romanian State through the Ministry of Energy. The company manages an integrated production infrastructure comprising the Petromidia Refinery in Năvodari, which is the largest crude oil processing facility in Romania, the Vega Refinery in Ploiești, specialized in niche processing, and the country's sole operational petrochemicals polymer manufacturing division. The company offers a diversified portfolio of fuels, specialty chemicals, polymers, and industrial services, including: automotive fuels comprising Euro 5 standard gasoline and diesel grades; aviation turbine fuels, including Jet A-1; liquefied petroleum gas (LPG); domestic heating oil and heavy fuel oil; standard and polymer-modified road bitumen; high-purity n-hexane for food processing and extraction applications; hydrocarbon solvents, chemical gasolines, and white spirit; petrochemical polymers, including polypropylene (PP), low-density polyethylene (LDPE), and high-density polyethylene (HDPE) resins; and platform utility services, including industrial electricity distribution, steam generation, water treatment, and technical laboratory testing. Rompetrol Rafinare serves industrial, wholesale, aviation, and retail sectors within Romania and exports refined and petrochemical products to regional markets across the Black Sea and Central and Eastern Europe, including Bulgaria, Moldova, and Georgia. In recent operational and strategic developments, Rompetrol Rafinare has focused on asset modernization, energy efficiency, and decarbonization investments across its production platforms. The company completed the construction, testing, and operational handover of a major high-efficiency cogeneration power plant at the Petromidia industrial platform, developed in partnership through Rompetrol Energy and the Kazakh-Romanian Energy Investment Fund to supply captive electricity and steam. The company also initiated construction of a 4.8 MW photovoltaic solar power plant integrated with a battery energy storage system at the Vega Refinery platform, co-financed by the European Union Modernization Fund to generate renewable electricity for internal consumption and lower facility carbon emissions. Furthermore, the company executed comprehensive scheduled general turnaround and maintenance programs at both the Petromidia and Vega refineries to restore full throughput capacity, improve unit reliability, and advance preparatory engineering for green hydrogen and decarbonization initiatives.