Deutsche Rohstoff AG's Strong First Half of 2026 Performance

Deutsche Rohstoff AG reported a significant increase in EBITDA, reaching EUR 205 million in the first half of 2026. The company achieved an average production of 14,803 BOEPD in Q2. Revenue grew by 7.5% to EUR 110 million, partly due to an 18% increase in the average oil price, despite a weaker US Dollar and hedging losses. A notable gain of EUR 128 million resulted from a partial sale of Almonty holdings.

Consolidated net income reached EUR 134.7 million, reflecting earnings per share of EUR 28.42, influenced by impairment losses on older wells. Positive free cash flow stood at EUR 42.5 million. Deutsche Rohstoff projects production will increase by over 70% in the second half, with expected revenue of EUR 190-210 million. The company's strategic investments in drilling and a robust liquidity position lay the foundation for sustained growth.