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Societatea Nationala de Gaze Naturale Romgaz S.A.

Societatea Nationala de Gaze Naturale Romgaz S.A.

BBVB:SNG
18.84
RON
-0.12
(-0.63%)
0.88EPS
17.02P/E
57.89BMarket Cap
Nov 13Next Earn
Societatea Nationala de Gaze Naturale Romgaz S.A.
BVB:SNG
(Bucharest Stock Exchange)

Recent

price

18.84

P/E

ratio

17.02

div

yld

0.83%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
RON
0.91
1.09
1
1.02
1.17
1.05
0.89
1.19
1.29
1.32
1.06
1.52
3.47
2.34
2.06
2.09
1.99
Revenue per Share
0.09
0.31
0.29
0.26
0.37
0.31
0.27
0.47
0.35
0.28
0.32
0.5
0.66
0.73
0.83
0.87
0.88
Basic EPS, GAAP
0.22
0.64
0.32
0.35
0.47
0.41
0.41
0.5
0.5
0.59
0.51
0.64
0.87
0.61
-0.09
-0.01
-0.12
Free Cash Flow per Basic Share
0.15
0.18
0.24
0.28
0.26
0.32
0.27
0.68
0.68
0.42
0.16
0.18
0.38
0.34
0.14
0.16
0.16
Dividend per Share
2.25
2.38
2.42
2.41
2.52
2.51
2.43
2.33
1.99
1.86
2.02
2.33
2.61
3
3.68
4.39
4.68
Book Value per Share
2.24
2.37
2.36
2.4
2.51
2.51
2.43
2.33
1.99
1.86
2.02
2.33
1.28
1.67
2.35
3.06
3.35
Tangible Book Value per Share
3,854
3,854
3,854
3,829
3,854
3,854
3,854
3,852
3,871
3,850
3,849
3,856
3,855
3,854
3,854
3,847
3,841
Basic Weighted Avg Shares
3,497
4,195
3,838
3,894
4,493
4,053
3,412
4,585
5,004
5,080
4,075
5,853
13,360
9,002
7,929
8,026
7,660
Sales/Revenue/Turnover
12.87
28.21
25.71
33.55
42.99
46.87
34.05
40.73
34.94
42.61
41.31
30.79
31
57.46
46.63
50.95
51.56
Operating Margin (%)
700
675
642
630
485
560
528
591
591
521
448
464
409
394
462
478
473
Depreciation Expense
344
1,188
1,119
996
1,410
1,194
1,025
1,804
1,366
1,090
1,248
1,915
2,547
2,812
3,206
3,333
3,390
Net Income, GAAP
34.04
11.53
19.81
23.46
21.16
18.69
20
14.91
13.82
14.55
12.52
11.23
38.7
44.51
10.97
13.4
9.77
Effective Tax Rate (%)
9.85
28.31
29.16
25.56
31.38
29.47
30.03
39.34
27.3
21.45
30.62
32.72
19.06
31.24
40.43
41.53
44.25
Profit Margin (%)
2,523
3,093
3,641
3,469
3,695
3,562
3,773
3,384
1,894
1,863
2,656
4,223
1,398
1,911
4,117
5,874
4,587
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
8
8
7
1,133
819
2,972
5,259
5,243
LT Debt
8,683
9,164
9,345
9,293
9,712
9,692
9,392
8,975
7,669
7,174
7,787
8,981
10,077
11,561
14,186
16,916
18,046
Total Equity
- -
12.22
9.42
9.5
13.67
14.42
11.57
18.45
18.15
16.08
18.78
24.36
23.18
21.84
20.54
16.52
16.5
Return on Invested Capital (%)
- -
13.31
12.09
10.68
14.84
12.31
10.74
19.64
16.42
14.68
16.67
22.82
24.85
23.4
21.62
17.03
16.34
Return on Capital (%)
- -
13.31
12.09
10.68
14.84
12.31
10.74
19.64
16.42
14.68
16.68
22.84
26.73
25.99
24.9
21.43
20.35
Return on Common Equity (%)

Capital Structure

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
377
436
510
LT Borrowings
5,236
5,155
5,219
LT Finance Leases
22
24
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,854
3,854
3,854
Market Capitalization
38,504
46,019
57,890

Working Capital

RON

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,644
7,905
7,378
Cash, Cash Equivalents & STI
6,199
6,461
5,770
Accounts Receivable, Net
720
669
712
Inventories
448
417
468
Total Current Liabilities
1,770
2,021
2,791
Payables & Accruals
- -
- -
- -
ST Debt
377
436
510
Deferred Revenue
- -
- -
- -

Growth Rates

RON

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.42%
16.84%
19.24%
Free Cash Flow
- -
-33.61%
-84.36%
Net Income, GAAP
14.67%
22.97%
3.96%
Sales/Revenue/Turnover
13.8%
25.71%
1.21%
Total Cash Common Dividend
- -
13.02%
10.02%

Quarterly Revenue

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,273
1,624
1,733
2,300
7,929
2025
2,380
1,868
1,800
1,978
8,026
2026
2,138
1,745
- -
- -
- -

Quarterly Earnings Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.15
0.11
0.25
0.83
2025
0.25
0.19
0.2
0.24
0.87
2026
0.25
0.2
- -
- -
- -

Quarterly Dividends Per Share

RON

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.14
- -
0.14
2025
- -
- -
0.16
- -
0.16
2026
- -
- -
- -
- -
- -
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Business
Societatea Nationala de Gaze Naturale Romgaz S.A. (Romgaz) is Romania's largest natural gas producer and primary supplier, engaged in the exploration, production, underground storage, and marketing of natural gas, as well as electricity generation and well workover services. Founded in 1909 and headquartered in Mediaș, Sibiu County, Romania, the company is majority-owned by the Romanian State through the Ministry of Energy and operates primarily across the Transylvanian Basin, Moldavian Platform, Muntenia, Oltenia, and the Black Sea continental shelf. The company operates through integrated business segments covering Natural Gas Exploration and Production, Underground Gas Storage, Electricity Generation, and Specialized Well Services. Its systematic portfolio of products and services includes: geological exploration, reservoir appraisal, and seismic surveying of onshore and offshore hydrocarbon basins; extraction, dehydration, separation, and compression of pipeline-quality natural gas and associated gas condensates; wholesale and retail marketing, supply, and trading of natural gas to industrial consumers, thermal power plants, regional distribution network operators, and retail suppliers; underground natural gas storage services, including storage capacity reservation, seasonal gas injection, conditioning, and withdrawal services managed through its wholly owned subsidiary S.N.G.N. Romgaz S.A. - Filiala de Inmagazinare Gaze Naturale Depogaz Ploiesti S.R.L.; electric power generation, transmission-grid balancing, and ancillary electrical services via natural gas-fired thermal power units; and specialized well intervention, workover, downhole repair, cementing, and well rehabilitation services provided through its specialized technical service divisions. In recent developments, Romgaz has significantly accelerated its strategic expansion into offshore upstream assets and modernized power infrastructure. Through its subsidiary Romgaz Black Sea Limited, established following the acquisition of ExxonMobil Exploration and Production Romania Limited, the company is developing the deepwater Neptun Deep offshore natural gas project in the Black Sea under a 50/50 joint venture with operator OMV Petrom, having achieved the Final Investment Decision and awarded major engineering, procurement, construction, and drilling contracts toward planned commercial production. In power generation, Romgaz resumed and advanced the construction and commissioning of the 430 MW combined-cycle gas turbine (CCGT) thermal power plant at Iernut to optimize electricity efficiency and lower carbon intensity. To finance its capital-intensive offshore development and sustainable energy initiatives, the company established a multi-currency Euro Medium Term Note (EMTN) programme and executed its inaugural international bond issuances. Additionally, Romgaz continues to pursue energy transition investments, incorporating solar photovoltaic projects and evaluating hydrogen and low-carbon power technologies to diversify its long-term generation capacity.