on Deutsche Rohstoff AG (ETR:DR0)
Deutsche Rohstoff AG Raises 2026 Guidance Amid High Oil Prices
Deutsche Rohstoff AG has announced an upward revision of its 2026 financial guidance. The company now anticipates generating revenues between EUR 340 to 360 million, with EBITDA projected to reach EUR 440 million. Strong operational performance in the US and sustained high oil prices have driven this revision.
The company expects an average WTI oil price of USD 88 per barrel for the year, assuming USD 95 for the last months. Notably, Q3 revenue is expected around EUR 110 million, with a realized WTI price of USD 87 per barrel.
Production forecasts exceed expectations, with Q3's average net production at 23,500 BOEPD, rising to 26,000 BOEPD in Q4. The expanded drilling program led to a capital expenditure of around EUR 330 million.
R. P.
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