PRESS RELEASE
from Deutsche Rohstoff AG (ETR:DR0)
EQS-Adhoc: Deutsche Rohstoff AG:
EQS-Ad-hoc: Deutsche Rohstoff AG / Key word(s): Forecast / Full year
Deutsche Rohstoff AG:
01-Apr-2026 / 22:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Increase of 2026 Guidance – EBITDA of approximately EUR 300 million expected (previously EUR 115 to 135 million)
- 1876 Resources significantly expands drilling program; Group capex of approximately EUR 225 million in 2026
- 9 million Almonty Industries shares divested with a gain of almost EUR 100 million
- 2026 base case scenario: EBITDA expected at EUR 290 to 310 million (previously EUR 115 to 135 million)
- 2026 base case scenario: Revenue expected at EUR 260 to 280 million (previously EUR 170 to 190 million)
- Base case price assumptions: USD 75/bbl WTI, USD 3.50/MMBtu gas, EUR/USD 1.15 (previously USD 60/bbl WTI, USD 3.00/MMBtu gas, EUR/USD 1.10)
- 2026 upside scenario: EBITDA expected at EUR 320 to 340 million (previously EUR 125 to 145 million)
- 2026 upside scenario: Revenue expected at EUR 290 to 310 million (previously EUR 180 to 200 million)
- Upside scenario price assumptions: USD 85/bbl WTI, USD 4.00/MMBtu gas, EUR/USD 1.15 (previously USD 70/bbl WTI, USD 3.00/MMBtu gas, EUR/USD 1.10)
- 26 gross wells (approximately 18 net wells) to be drilled by 1876 Resources; third drilling rig contracted
- Production expected to exceed 20,000 BOEPD (barrels of oil equivalent per day) in the second half of 2026
- Guidance for 2027 to be published in April
End of Inside Information
Explanation, why the information directly concerns that issuer:
Explanatory part
Deutsche Rohstoff AG today announces a significant upward revision to its 2026 guidance. The revision is driven by two material factors: first, the substantial expansion of the drilling program at US subsidiary 1876 Resources in response to the sharp rise in oil prices over recent weeks; and second, the partial divestiture of the Almonty Industries stake, generating a gain of almost EUR 100 million.
1876 Resources began its 2026 drilling program in late February with a single drilling rig (see announcement dated 17 February 2026: US Oil & Gas Developments on Track for 2026) and accelerated activity in mid-March by contracting a second rig following the increase in oil prices (see announcement dated 13 March 2026: Acceleration of the 2026 Drilling Program). A third drilling rig has since been contracted. With three rigs operating simultaneously, approximately 20 wells are expected to be spud by mid-year and brought into production progressively through the end of Q3. Additional wells are planned to follow, with production expected to start in Q4.
The further progression of the drilling program will depend on developments in the currently volatile market environment. Given the high degree of flexibility within the Group, there is an option to retain a portion of the rigs on a longer-term basis and, accordingly, drill in excess of the currently planned 26 wells. In parallel, the Group continues to systematically expand its oil price hedging program.
For the first time, a larger drilling rig is being deployed to drill up to five three-mile Niobrara laterals (4.8 km; compared to two-mile laterals of 3.2 km to date) on both the eastern and western acreage in the Powder River Basin, which is expected to deliver further improvements in cost efficiency.
Total capital expenditures are expected to amount to approximately EUR 220 to 230 million (previously EUR 90 to 100 million). The substantial majority will be invested in new wells, supplemented by the expansion of water infrastructure in the Powder River Basin and further leasehold acquisitions by the US subsidiaries.
Further figures and details regarding the guidance, including guidance for the 2027 fiscal year, will be published on 23 April 2026, as part of the release of the audited consolidated financial statements and annual report.
Mannheim, 1 April 2026
01-Apr-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Deutsche Rohstoff AG |
| Q7, 24 | |
| 68161 Mannheim | |
| Germany | |
| Phone: | 0621 490 817 0 |
| E-mail: | info@rohstoff.de |
| Internet: | www.rohstoff.de |
| ISIN: | DE000A0XYG76 |
| WKN: | A0XYG7 |
| Indices: | Scale |
| Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX |
| EQS News ID: | 2302700 |
| End of Announcement | EQS News Service |
2302700 01-Apr-2026 CET/CEST