Previous close | 18.25 |
Open | 18.25 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 18.25 - 18.25 |
52-week range | 18.25 - 18.25 |
Volume | |
Avg. volume | 0 |
Market cap | 21.187B |
Beta (5Y monthly) | 0.80 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.83 (4.56%) |
Ex-dividend date | 09 Aug 2022 |
1y target est | N/A |
Slashed output at Germany’s Schwedt oil refinery demonstrates the difficulty Berlin faces in turning away from Russian oil, despite plans to work with Poland to find alternative supply. Schwedt has traditionally supplied 90% of the gasoline, diesel, jet fuel and fuel oil used in Germany's capital city. Moscow last month retaliated against their bilateral efforts by halting oil flows to Poland via the Druzhba pipeline, thereby squeezing Poland’s ability to free up oil for Schwedt.
WARSAW (Reuters) -Poland's PKN Orlen will demand compensation after Russia halted oil deliveries to Poland via the Druzhba pipeline in late February, Chief Executive Officer Daniel Obajtek said on Monday, without giving further details. Last March, Poland pledged to stop using Russian oil by the end of 2022, the same time as PKN's long-term contract with Rosneft expired.
GDANSK/WARSAW (Reuters) -Poland's biggest oil refiner PKN Orlen has recommended its highest dividend yet at 5.50 zlotys ($1.24) per share for 2022, the company said in a strategy update that sent its shares up more than 5% on Tuesday. Announcing a revamped dividend policy, PKN said it will make annual dividend distributions equivalent to 40% of the previous year's adjusted free cash flow. The company also said it expects last year's acquisitions of gas company PGNiG and refiner Lotos to help it double core profit to about 60 billion zlotys ($13.51 billion) by 2030.